A person invests 8000 dollars in a bank. The bank pays 5.25% interest compounded annually. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 12700 dollars?

she should save it for minimum 9.1 years.

Explanation:

solve:

change sides

take ln on both sides

simplify

final answer

rounding to nearest tenth

SI=(P*R*T)/100

P=2000

R=1.5

T=6

SI=(2000*1.5*6)/100

=(2000*9)/100

=180

Neil will earn interest of 180

The answer is in the image 

The answer is in the image 

The answer is in the image 

Speed=Distance/time

Here,

distance=15m

time=1sec

speed=15/1=15m/sec

Distance=Speed*time

time=15min=15*60sec=900sec

Distance travelled in 15 min=15*900=13,500m

=13500/1000 km=13.5Km

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

Salesperson will make 6% of 1800

=(6/100)*1800

=108

Salesperson will make $108 in $1800 sales

tip=18% of 75.45

     =18/100 * 75.45 = $13.581

Tip = $13.581