Suzy deposits $500 in a savings account with an interest rate of 6% compounded annually. if suzy does not make any additional deposits or withdrawals, how long will it take for suzy to earn at least $95

It will take about 3 years for Suzy to earn at least $95.

Step-by-step explanation:

Compound interest is interest computed on the original principal as well as on any accumulated interest.

If you deposit P dollars at rate r, in decimal form, subject to compound interest, then the amount, A, of money in the account after t years is given by

The amount A is called the account's future value and the principal P is called its present value.

From the information given we know that $500 is the present value,  6% is the rate, and we want to find how long will it take for Suzy to earn at least $95, this means when the future value is $595.

Applying the above formula and solving for t we get that:

abde or 1,2,4, 5 is the answer

step-by-step explanation:

well if he bought them at 5 cedis each sold them at 7 cedis each then he would make a profit of 2 cedis of each book. if in total he made 150 cedis profit that means he sold 75 books. he lost 12 books at the start so that means he originally bought a total of 82 books.

step-by-step explanation: