Eddie deposited $1200 into an account that earns 3% interest compounded 2 times per year. how much money will eddie have in his account after 7 years? round to the nearest cent.

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)

15% chance.

step-by-step explanation:

3/10 times, the 5 year old will get a tablet. 5/10 times, the 13 yer old will get a tablet. multiply both fractions to get 15/100 times, both would have a tablet.