The amount of money Aria has in the bank after T years is determined by the equation A = 1,000 · 1.0512^T. After how many years will Aria have $2,000 in the bank? (1) 12.9 (2) 13.9
(3) 14.9
(4) 15.9

Step-by-step explanation:

You are given most of the equation that you need to solve. To find the number of years it will take to have 2000, sub in 2000 for A and solve:

and begin by dividing away the 1000 on both sides to get

now we have to take the natural log of both sides:

. Taking the natural log allows us to bring the t down out front:

ln(2) = t ln(1.0512) and now divide both sides by ln(1.0512):

and do this on your calculator to get

t = 13.9 years

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

the k side

step-by-step explanation:

plese mark mde brainliest!