Correct answers only!

To the nearest cent, how much will she have in 2 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

$6.62

Step-by-step explanation:

This problem is very similar to the one I answered previously. We are given our p, r, and t.

p=6 ($6)

r=0.05 (5%)

t=2 (years)

With the given information, we can plug this into the equation:

B=p(1+r)^t

B=6(1+0.05)^2

B=6.615

Our final amount is $6.62.

Let me know if there are any problems.

step-by-step explanation:

the original amount doesn't ''re just looking for the time it takes for 1/2 of the substance to we have

(1/2) =)     take the ln   of both sides

ln (1/2)   = )   and we can write

ln(1/2) = ) lne     and lne   = 1     so we have

ln(1/2) = -.1092t     divide both sides by -.1092

t = ln(1/2)/-.1092 = about 6.347 days = about 6.3 days (rounded)