Anonymous
Anonymous asked in Business & FinancePersonal Finance · 2 months ago

Math word problem?

A diamond ring increases in value by 12% per year. In how many years, months and days will it be worth

four times its original amount?

2 Answers

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  • fcas80
    Lv 7
    2 months ago

    1.12^t = 4

    LN1.12^t = LN4

    tLN1.12=LN4

    t = LN4/LN1.12 = 12.23 years.

    .23 years * 12months/year = 2.76 months.  The 2 months is February

    .76 months *28 days/month = 21.28 days

  • Anonymous
    2 months ago

    DISHONEST CHEATER

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