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anonymous
 5 years ago
How long would 1 cent grow to 1000000 if compounded daily (365 times in one year)??
I know the formula is A=P(1+r/n)squared(n*t)..
anonymous
 5 years ago
How long would 1 cent grow to 1000000 if compounded daily (365 times in one year)?? I know the formula is A=P(1+r/n)squared(n*t)..

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dumbcow
 5 years ago
Best ResponseYou've already chosen the best response.1whats the interest rate

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0i think thats what im supposed to find..

dumbcow
 5 years ago
Best ResponseYou've already chosen the best response.1then you need to know time, how long it takes can't solve one without the other

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0oh no we are trying to find time... it says the inerest rate is 365? i think

dumbcow
 5 years ago
Best ResponseYou've already chosen the best response.1no 365 is our n, num of times interest is credited in a year

dumbcow
 5 years ago
Best ResponseYou've already chosen the best response.1you have the right formula, however we don't know r or t

dumbcow
 5 years ago
Best ResponseYou've already chosen the best response.1there must be more info to the problem

dumbcow
 5 years ago
Best ResponseYou've already chosen the best response.1ok 1,000,000 = (1+.1/365)^365t 1 + .1/365 = 1.000273973 use logs log(1,000,000)/log(1.000273973) = 365t 50433.448 = 365t 138.17 = t takes about 138 yrs and 2 months

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0omgee i get it :)11 thank you!!

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.08. The following graph shows data for a particular SUV driven on city streets. Suppose a compact car can travel twice as far as the SUV on the same amount of gas. Answer the following questions. Please show all of your work. At what rate does the SUV consume gas?
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