How many years will it take for $136,000 to grow to $468,000 if it is invested in an account with an annual interest rate of 8%?

Answers

Answer 1

Answer:

=21.29%(Approx).

Step-by-step explanation:

We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

a.

468,000=136,000*(1.08)^n

(468,000/136,000)=(1.08)^n

Taking log on both sides;

log (468,000/136,000)=n*log 1.08

n=log (468,000/136,000)/log 1.08

=16.06 years(Approx).

b.

475,000=10,000*(1+r/100)^20

(475,000/10,000)^(1/20)=(1+r/100)

(1+r/100)=1.2129

r=1.2129-1

=21.29%(Approx).


Related Questions

SOMEONE HELP ASAP PLEASE?

SOMEONE HELP ASAP PLEASE?

Answers

Answer:

B is the correct answer.

Step-by-step explanation:

This is not a test it is a practice assessment

This is not a test it is a practice assessment

Answers

These triangles cannot be proven congruent, however, we can prove they are similar by AAA Similarity Theorem or having three corresponding angles congruent.

For two triangles to be congruent, at least one corresponding side of the two triangles must be congruent.

Since no corresponding side on both triangles is said to be congruent, then

John is saving to buy a new car that will cost him $24,000. John started his savings at the beginning of the school year and has been able to accumulate $1000 after the first month. John plans to continue his savings at a rate proportional to the amount he still needs to save. Determine John's savings amount as function of time Hint: A variable y is said to be proportional to a variable x if y=cx for some constant c.

Answers

John's savings amount as a function of time is S(t) = $24,000 / 25. Initially, he needs to save $24,000 for a new car. After the first month, he has saved $1,000. The savings amount is directly proportional to the time elapsed. The constant of proportionality is 1/24. Thus, John's savings amount can be determined based on the remaining amount he needs to save.



John's savings amount can be represented as a function of time and is proportional to the amount he still needs to save. Let's denote the amount John needs to save as N(t) at time t, and his savings amount as S(t) at time t. Initially, John needs to save $24,000, so we have N(0) = $24,000.

We know that John has saved $1,000 after the first month, which means S(1) = $1,000. Since his savings amount is proportional to the amount he still needs to save, we can write the proportionality as:

S(t) = k * N(t)

where k is a constant of proportionality.

We need to find the value of k to determine John's savings amount at any given time.

Using the initial values, we can substitute t = 0 and t = 1 into the equation above:

S(0) = k * N(0)  =>  $1,000 = k * $24,000  =>  k = 1/24

Now we have the value of k, and we can write John's savings amount as a function of time:

S(t) = (1/24) * N(t)

Since John's savings amount is proportional to the amount he still needs to save, we can express the amount he still needs to save at time t as:

N(t) = $24,000 - S(t)

Substituting the expression for N(t) into the equation for S(t), we get:

S(t) = (1/24) * ($24,000 - S(t))

Simplifying the equation, we have:

24S(t) = $24,000 - S(t)

25S(t) = $24,000

S(t) = $24,000 / 25

Therefore, John's savings amount at any given time t is S(t) = $24,000 / 25.

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Shawn rents an apartment in an all-brick building located in a historic,

downtown neighborhood. The value of the belongings in the apartment is

about $25,000. If Shawn wishes to insure his belongings while renting, how

much will he have to pay for insurance per year?

Answers

Answer: 107.50

Step-by-step explanation:

RCV is more expensive compared to ACV, therefore, Shawn would have to pay more to insure his belongings with RCV coverage.

As Shawn rents an apartment in an all-brick building located in a historic, downtown neighborhood and the value of the belongings in the apartment is about $25,000, he will have to pay around $125 to $375 per year to insure his belongings while renting depending on the type of coverage he chooses.

A renter’s insurance policy can protect the belongings of renters who live in an apartment or house they rent and covers their liability towards others in case they get injured. For this reason, the cost of renter’s insurance will vary depending on the type of coverage needed. If Shawn wants more coverage, then he will pay a higher rate. There are two types of coverage which include actual cash value (ACV) and replacement cost value (RCV).

ACV is a coverage that pays for the value of the belongings, minus the depreciation. Whereas, RCV is a coverage that pays for the cost of replacing the belongings, regardless of their current value.  

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value of sin 30degree

Answers

1/2

                               

. .  ..  . . . . . . . . r.f re.f .er. e. . .e .e .r ..e .er.re

Answer:

0.5 is your answer. Learning about this stuff too.

Step-by-step explanation:

Or 1/2 as a fraction.

the root of equation 1/x-1 +1/x-2 = 1/x-3

Answers

Answer:

The roots of the quadratic equation  are  , .

Step-by-step explanation:

The roots of the quadratic equation  are  , .

Step-by-step explanation:

As given the equation in the form

Simplify the above equation

(x-2)-x = 3x × (x-2)

x-2 - x = 3x² - 6x

3x² - 6x + 2 = 0          

As the equation is written in the form ax² + bx + c = 0

a = 3 , b = -6 , c = 2

Put all the values in the above equation

Thus

Therefore the roots of the quadratic equation  are  , .

Please help with one through three Brainliest to the correct in best answer

Please help with one through three Brainliest to the correct in best answer

Answers

Answer:

1. Alike

2. Opposite

3. Common factor

Step-by-step explanation:

1. To have a positive number, you can only have alike signs, for example, any positive number times another positive number is always positive. The same is true for negative numbers multiplied by each other.

2. To have a negative number, there has to be one negative number and one positive number being multiplied together. Always. For example:

3 x -5 =-15

10 x -1 = -10

3. You can factor out a common factor to simplify a polynomial before you factor it.

Suppose you know that hanj is a decreasing sequence and all its terms lie between the numbers 5 and 8. explain why

Answers

If we know that hanj is a decreasing sequence and all its terms lie between the numbers 5 and 8, it can be explained as follows:

Decreasing Sequence: The term "decreasing sequence" means that each subsequent term in the sequence is smaller than its preceding term. In the case of hanj, this implies that each hanj term is smaller than the one that comes before it. This information establishes the order and pattern of the sequence.

Upper Bound: The fact that all the terms of hanj lie between the numbers 5 and 8 indicates that no term in the sequence exceeds the value of 8. This upper bound of 8 sets a limit on the magnitude of the hanj terms, ensuring they do not exceed this value.

Lower Bound: Similarly, the statement suggests that none of the hanj terms is less than the number 5. This establishes a lower bound for the sequence, indicating that the terms are not smaller than 5.

Combining these two bounds (5 and 8) along with the decreasing nature of the sequence, we can conclude that the hanj sequence is a monotonically decreasing sequence with terms ranging from 5 to 8, inclusive.

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Samir works in a department store selling clothing. He makes a guaranteed salary of $300 per week, but is paid a commision on top of his base salary equal to 15% of his total sales for the week. How much would Samir make in a week in which he made $1275 in sales? How much would Samir make in a week if he made xx dollars in sales?

Answers

Answer:

$491.25   and   0.15xx + 300

Step-by-step explanation:

15%=0.15

$1275×0.15=$191.25 in sales

$191.25+$300=$491.25

He would make $491.25 a week in which he made 1275 in sales.

0.15xx + 300 = total earnings

He would make 0.15xx + 300 if he made xx dollars in sales

I need help please, I will give brainliest to the first person that answers

I need help please, I will give brainliest to the first person that answers

Answers

Answer:

it is C

Step-by-step explanation:

what is the answer to 630 people went a McDonald's yesterday. If 60% of them ordered fries, how many ordered fries?

Answers

Answer:

378 people

Step-by-step explanation:

60% of 630 = 0.6 × 630 = 378

Answer:

378

Step-by-step explanation:

60% of 630 = 378

Write an expression that is equivalent to 8k²+2(3k+5) + 4k²- 2(2k+1)

Answers

\(2(6k^{2} +k+4)\)

Determine if the sequence below is arithmetic or geometric and determine the
common difference / ratio in simplest form.
2, 10, 50, ...

Answers

The sequence is arithmetic because the term is being multiplied by 5 each time

workout 2 1/4 divide by 3/5​

Answers

Answer:

The answer would be 45/12 or 15/4. In decimal form, it would be 3.75.

Step-by-step explanation:

Victoria correctly determined the area of this parallelogram by adding the areas of the rectangle and triangles.

How did Victoria determine the area?

Victoria correctly determined the area of this parallelogram by adding the areas of the rectangle and

Answers

Answer:

A

Step-by-step explanation:

its a and 23 45 67

an unfair/biased die is considered as an even number is twice as likely to occur as an odd number, phenomena is called

Answers

The probability of an even number is twice as likely to occur as an odd number is 2/9 and 1/9 respectively.

Probability in math term is defined as  a number that reflects the chance or likelihood that a particular event will occur.

Here we have given that an unfair/biased die is considered as an even number is twice as likely to occur as an odd number.

And here we need to find the probability of the event.

Here let us consider that probability of getting an even number = x and let probability of getting odd number = y

Then it can be written as

=> 3x+3y=1

Here we write it as because probability of getting even number or odd number = 1 since those two are the only possibilities.

Then we have to apply the value of x=2y (given)

Now, we have to solve these two, then we get,

=> x=2/9 and y=1/9

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\(\frac{x}{2}\)±4=8

Answers

Answer: X=8
•Find common denominator
•Combine Fractions with common denominator
•Multiply the numbers
•Multiply all terms by the same value to eliminate fraction denominators
•Cancel multiplied terms that are in the denominator
Multiply the numbers
•Subtracts 8 from both sides of the equation
•Simplify

Determine the value of x for the triangle below if K is the incenter.E9.x-16X =لاGDHK184x + 9

Determine the value of x for the triangle below if K is the incenter.E9.x-16X =GDHK184x + 9

Answers

Solution:

Given the triangle below where K is in the incenter:

Thus, we have

step 1: In the triangle DGK, find DK.

Thus, by Pythagoras theorem, we have

\(DK=\sqrt{18^2+(9x-16)^2}\)

step 2: In the triangle KDI, find DK.

Similarly, we have

\(DK=\sqrt{18^2+(4x+9)^2}\)

Step 3: Equate the equations in steps 1 and 2.

This gives

\(\begin{gathered} \sqrt{18^2+(9x-16)^2}=\sqrt{18^2+(4x+9)^2} \\ take\text{ the square of both sides,} \\ \Rightarrow18^2+(9x-16)^2=18^2+(4x+9)^2 \\ thus,\text{ we have} \\ 9x-16=4x+9 \\ add\text{ -4x to both sides,} \\ 9x-4x-16=-4x+4x+9 \\ 5x-16=9 \\ add\text{ 16 to both sides,} \\ 5x-16+16=9+16 \\ \Rightarrow5x=25 \\ divide\text{ both sides by the coefficient of x, which is 5} \\ \frac{5x}{5}=\frac{25}{5} \\ \Rightarrow x=5 \end{gathered}\)

The value of x is

\(5\)

Determine the value of x for the triangle below if K is the incenter.E9.x-16X =GDHK184x + 9
Determine the value of x for the triangle below if K is the incenter.E9.x-16X =GDHK184x + 9

Use the information given to write an equation in standard form.

Slope is -2, and (4, 3) is on the line.

Answers

Answer:

\(2x+y=11\)

Step-by-step explanation:

Standard form of an equation is written as \(ax+by=c\) for some constants \(a\), \(b\), and \(c\).

Slope-intercept form is written as \(y=mx+b\) where \(m\) is the slope and \(b\) is the y-intercept.

Plugging in all given values in the problem (\(m=-2\), \(x=4\), and \(y=3\)), we can solve for \(b\):

\(3=-2(4)=b, \\b=11\).

Therefore, our equation in slope-intercept form is:

\(y=-2x+11\).

Rewriting in this in standard form, we get our answer:

\(\fbox{$2x+y=11$}\)

Sasha performs an experiment. She chooses one marble from each of three sacks. The first sack has black (B) and white (W) marbles. The
second sack has green (G) and yellow (Y) marbles. The third sack has silver (S) and red (R) marbles.
Which tree diagram shows all the possible outcomes for this experiment?
w
R R
R
R
w
R
Ris
R
R
HELPPPPOO PLEASEREE

Sasha performs an experiment. She chooses one marble from each of three sacks. The first sack has black

Answers

Answer:

Step-by-step explanation:

I dont know

Answer: D

Step-by-step explanation:

Brianna is going to invest in an account paying an interest rate of 5.2% compounded daily. How much would Brianna need to invest, to the nearest ten dollars, for the value of the account to reach $6,600 in 11 years?

Answers

Answer:

3398.1761

Step-by-step explanation:

Using compound interest relation:

A = P(1 + r/n)^nt

5.2 / 100 = 0.052

n = 365 * 12 = 4380

6000 = P(1 + 0.052/4380)^4380*11

6000 = P(1.0000118)^48180

6000 = 1.7656530P

P = 6000/ 1.7656530

P = 3398.1761

Answer:

98086

Step-by-step explanation:

9x - 4 = 5x - 4 + 4x

Answers

Answer:

x = 1

Step-by-step explanation:

HOPE THIS HELPS

PLZZ MARK BRAINLIEST

There are four candidates for homecoming queen and three candidates for king. How many king-queen pairs are possible?

Answers

The number of possible king-queen pairs can be determined by multiplying the number of candidates for king by the number of candidates for queen.

To calculate the number of king-queen pairs, we multiply the number of candidates for king by the number of candidates for queen. In this case, there are four candidates for homecoming queen and three candidates for king. Therefore, the total number of king-queen pairs would be 4 multiplied by 3, which equals 12.

Each candidate for king can be paired with each candidate for queen, resulting in multiple possible combinations. By multiplying the number of candidates for each position, we account for all possible pairings. In this scenario, there are three potential kings and four potential queens. For each king, there are four possible queens he can be paired with. Since there are three kings, we multiply 3 by 4 to get the total number of 12 king-queen pairs.

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a group of classmates surveyed how other students travel to school the results of the survey are shown in the table at right make a circle graph showing the results of the survey using percents, bus- 90, ride bike- 30, ride in car- 75, walk- 45.

Answers

So, on solving the provided question, we can say that equation of diagonal WY is 13.03 units

What is equation?

An equation is a mathematical formula that connects two assertions using the equal sign (=) to denote equivalence. In algebra, an equation is a mathematical statement that establishes the equivalence of two mathematical expressions. For instance, an equal sign separates the components 3x + 5 and 14 in the equation 3x + 5 = 14. A mathematical formula is used to explain the connection between two sentences on either side of a letter. Frequently, there is just one variable, which is also the symbol. for example, 2x - 4 = 2.

by d=√((x2 – x1)² + (y2 – y1)²).

Coordinates of W = (-4,5) and Y = (3,-6)

= √((3 – (-4))² + (-6 – 5)²)

= √170

= 13.03 units

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A 12 inch line segment is divided into two parts. Which
of the following lengths result in a ratio closest to the
golden ratio, ?
2
1+v5
O A. 6 inches and 6 inches
O B. 7 inches and 5 inches
C. 7.5 inches and 4.5 inches
O D. 7.75 inches and 4.25 inches

Answers

The length which result in a ratio closest to the golden ratio is equal to  7.5 inches and 4.5 inches. Option C is correct.

What is the length of line segment?

The line segment is made with two end points. Length of a line segment is the distance of both the ends of it.

A 12 inch line segment is divided into two parts. Suppose the line segment is AC which is divided into AB and BC parts. Thus,

AB+BC=AC

AB+BC=12                   ....1

The value of golden ratio is equal to 1.618. It can also be given as (1+√5)/2. The ratio of both segment is equal to golden ratio. Thus

\(\dfrac{AB}{BC}=\dfrac{AC}{AB}=\dfrac{1+\sqrt{5}}{2}\\\dfrac{12}{AB}=1.618\\AB=7.4166 \rm\; in\)

Put this value in equation one as,

AB+7.4166=12    

AB=4.5834

The length which result in a ratio closest to the golden ratio is equal to  7.5 inches and 4.5 inches. Option C is correct.

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Please help me with number 5 please I beg you

Please help me with number 5 please I beg you

Answers

Answer:

9 inches

Step-by-step explanation:

4.5 plus 4.5 equals 9 so that would be 9 inches. They said 1 side is equal to 4.5 so that means the other side equals 4.5 because the planter is a cube and a cube side is equal (all four of them) so let's add 4.5 plus 4.5 equals 9 so the answer is 9 inches.

If the triangle fgh is similar to the triangle rst, which side is proportional to side fh?

Answers

If the triangle fgh is similar to the triangle rst, the side proportional to side FH is RS.

When two triangles are similar, their corresponding sides are proportional in length.

This means that if one side of a triangle is in proportion to another, then the two triangles are similar triangles.

Two triangles are similar if they have the same shape but not necessarily the same size.

Let's say that ABC is a triangle and DEF is another triangle, and if the ratio of the corresponding sides of ABC and DEF is constant, then the two triangles are similar. Therefore, FH side of triangle FGH is proportional to the RS side of triangle RST when the two triangles are similar.

Hence, we can write the proportion as below:

FH/FM=HG/TS=GF/SR;

in the above proportion, FM=TS and GF=HG.

Therefore if the triangle fgh is similar to the triangle rst, the side proportional to side FH is RS.

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how many cups of granulated sugar in a 5 pound bag

Answers

There are approximately 11.25 cups of granulated sugar in a 5 pound bag.

To determine the number of cups of granulated sugar in a 5 pound bag, we can use the conversion factor of 2.25 cups per pound.

First, we multiply the number of pounds (5) by the conversion factor:

5 pounds * 2.25 cups/pound = 11.25 cups

Therefore, there are approximately 11.25 cups of granulated sugar in a 5 pound bag.

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Solve for w -24=-3w+21

Answers

Answer:

w = 11.25

Step-by-step explanation:

To solve this problem, we are going to move all of the terms containing the variable w to the left side of the equation and all of the constant terms (ones with numbers only) to the right side of the equation.

w - 24 = -3w + 21

To do this, we should first add 24 to both sides of the equation.

w - 24 + 24 = -3w +21 + 24

If we simplify, we get:

w =  -3w + 45

Next, we should add 3w to both sides of the equation.

w + 3w = -3w + 3w + 45

4w = 45

Finally, we can divide both sides by 4.

4w/4 = 45/4

w = 11.25

Hope this helps!

Can someone help me with this

Can someone help me with this

Answers

>2 is also 40° since that is the rule of corresponding angles

Answer: <2 is 40 degrees still.

Step-by-step explanation:

Both Angle 1 and Angle 2 are corresponding angles (aka Same Side Angles)

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