How long does it take a 2700 dollar investment compounded monthly at 9% to make 500 dollars

23 months

Also please note that it's everytime ^t/12 not (^t)/12

Step-by-step explanation:

Principal (P) = $2700

rate = 9%

t = ?

Amount =

Amount = 2700 +500 = $3200

So substituting all our values we get :

So we use log to solve for t :

Solving this using a calculator we get:

1.9714966193*12

=23 months

f(x) is going down by 4

step-by-step explanation:

(its either that or its going left by 4)