A person invests 10000 dollars in a bank. The bank pays 4.5% interest compounded daily. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 17600 dollars?

0.84 dang lotta people are looking for this lol or if you round up its 1 but the overall answer to that is 0.84

step-by-step explanation:

5/12

step-by-step explanation:

give them both a common denominator so you get 9/12 and 4/12. subtract 9/12 from 4/12 to get 5/12.

the exponential expression to find the value of the cd, in dollars, after t years will be:  

step-by-step explanation:

formula of compound interest:   , where final value after years,   initial value, rate of interest in decimal and number of compounding in a year.

oliver plans to purchase a $1,500 certificate of deposit (cd) at his bank. that means,  

the cd will earn 2.3% interest, compounded semi-annually.

so,   and  

now, plugging these values into the above formula, we will

(rounded to the nearest ten-thousandth)

so, the exponential expression to find the value of the cd, in dollars, after t years will be:  

your answer is false.

replace the variable (x) with -3. insert it using parenthesis like this:

-35(-3) = -105

this statement is false because -35 multiplied by -3 is 105, not -105.