$9,800.00 is invested at an annual rate of 11.6%, compounded continuously. How long will it take for that investment to grow to a value of 149,000.00? Round your answer (in years) to two decimal places at the END of your calculations.

Answers

Answer 1

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 3.875/100

r = 0.03875 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 10,000.00(1 + 0.03875/12)(12)(7.5)

A = 10,000.00(1 + 0.003229167)(90)

A = $13,366.37

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $10,000.00 at a rate of 3.875% per year compounded 12 times per year over 7.5 years is $13,366.37.

Answer 2

[tex]~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$149000\\ P=\textit{original amount deposited}\dotfill & \$9800\\ r=rate\to 11.6\%\to \frac{11.6}{100}\dotfill &0.116\\ t=years \end{cases} \\\\\\ 149000=9800e^{0.116\cdot t}\implies \cfrac{149000}{9800}=e^{0.116\cdot t}\implies \cfrac{745}{49}=e^{0.116t}[/tex]

[tex]\log_e\left( \cfrac{745}{49} \right)=\log_e\left( e^{0.116t} \right)\implies \log_e\left( \cfrac{745}{49} \right)=0.116t \\\\\\ \cfrac{\ln\left( \frac{745}{49} \right)}{0.116}=t\implies 23.46\approx t[/tex]


Related Questions

A boat heading out to sea starts out at Point AA, at a horizontal distance of 1347 feet from a lighthouse/the shore. From that point, the boat’s crew measures the angle of elevation to the lighthouse’s beacon-light from that point to be 9^{\circ}

. At some later time, the crew measures the angle of elevation from point BB to be 3^{\circ}

. Find the distance from point AA to point BB. Round your answer to the nearest foot if necessary.

Answers

The distance from point A to B is 2723.8 feet.

Trigonometric ratio

Trigonometric ratio is used to show the relationship between the sides and angles of a right angled triangle.

Let h represent the height of the light house, hence:

tan(9) = h/1347

h = 213.3 feet

Let d represent the distance from point B to the lighthouse base, hence:

tan(3) = 213.3/d

d = 4070.8 feet

Distance from point A to B = 4070.8 feet - 1347= 2723.8 feet.

Find out more on Trigonometric ratio at: https://brainly.com/question/24349828

Answer:

2744.1

Step-by-step explanation:

I got the question right

Solve the following variation problem
The interest on an investment varies directly as the rate of interest.
If the interest is $49 when the interest rate is
4%, find the interest when the rate is
7.7%

Answers

Answer:

$94.325

Step-by-step explanation:

Given interest (I) varies directly as rate of interest (R) then the equation relating them is

I = kR ← k is the constant of variation

To find k use the condition I = 49 when R = 4 , then

49 = 4k ( divide both sides by 4 )

12.25 = k

I = 12.25R ← equation of variation

When R = 7.7 , then

I = 12.25 × 7.7 = $94.325

How much cubic centimeters of dirt must be removed when digging for a foundation of a building if the excavation is 32m long, 12m wide, and 8m deep

Answers

Answer:

3,072m

Step-by-step explanation:

32 × 12× 8= 3,072 (This is only you are multiplying them all)

If you are trying to find the area then its: 384m

Which equation has the solution x = 5? Select each correct answer. 18−2x=9 32−4x=12 11 + 6x = 22 25x+4=9 x5+5=6 3x + 1 = 9

PLS HELP ME

Answers

Answer:

32 - 4x = 12

Step-by-step explanation:

Substitute x = 5 into the equations and compare:

18 - 2x = 18 - (2 x 5) = 18 - 10 = 8    incorrect

32 - 4x = 32 - (4 x 5) = 32 - 20 = 12  correct

11 + 6x = 11 + (6 x 5) = 11 + 30 = 41  incorrect

25x + 4 = (25 x 5) + 4 = 125 + 4 = 129  incorrect

[tex]x^5+5=(5^5)+5=25+5=30[/tex]  incorrect

3x + 1 = (3 x 5) + 1 = 15 + 1 = 16  incorrect

help me help me help me

Answers

Answer:

should be 67 Step-by-step explanation:

Answer:

They are Vertical angles, and it is 67 degrees

Step-by-step explanation:

   

When 0 is in the numerator in the answer of an equation; 2x = 0; x = 0/2 , the answer is WHAT?

NOT POSIBLE
0
2

Answers

Answer:

undefined

Step-by-step explanation:

this is explained in graphing lines because if the slope is 0/2 the the line is a undefined line

ced tea. How do you make a larger batch of this mixture? Describe your procedure and use the table below to organize your results. Add more columns to the table if needed​

Answers

Answer:

whats the question ?

Step-by-step explanation:

explain pls

What is the value of the rational expression 2x2+ 5x +9/x2+2x -1?

A.)-7
B.)-9
C.)9
D.)7
(Help Please.)

Answers

The value of the rational expression is -7!!

Answer:

hai

Step-by-step explanation:

1) In a standard deck of 52 cards, you draw 2
cards without replacement. Find:
P(Jack and then Queen):
(hint: a deck of cards has 4 Jacks and 4 Queens)

Answers

Probabilities are used to determine the chances of an event

The value of P(Jack and then Queen) is 4/663

How to determine the probability

The given parameters are:

n = 52

Jack = 4

Queen = 4

The probability P(Jack and then Queen) is calculated as:

P(Jack and then Queen) = P(Jack) * P(Queen)

So, we have:

[tex]P = \frac{4}{52} * \frac{4}{51}[/tex]

Simplify

[tex]P = \frac{1}{13} * \frac{4}{51}[/tex]

Evaluate the product

[tex]P = \frac{4}{663}[/tex]

Hence, the value of P(Jack and then Queen) is 4/663

Read more about probabilities at:

https://brainly.com/question/25870256

Help with #1 so I can get the gist of it please?

Answers

Answer:

so you graph at (0,2), and go up one, over two for every other point you graph.

Step-by-step explanation:

rise over run.

basically, the m is the slope, and b is the y intercept (where it intersects the y axis).

so when looking at how to graph the line based on 1/2 or any other number, I use rise/run, which is basically telling us tha we need to go up one and over 2 (1/2)

if that makes any sense, let me know if you have any further questions. you got this, youre doing your best!!

slope is the start of your endless pain.

HELPPPPPPPPP I'LL GIVE BRAINLYYYYYYYYYYY THANKKKKKKKK YOUUUUUUU <3
if a=-3 and b=4 then the value of -5a^2b is?
A) 180
B) 120
C) -120
D) -180

Answers

Answer:

D. -180

Step-by-step explanation:

3² = 9

9*(-5) = -45

-45 * 4 = -180

i hope this helps! have a wonderful rest of ur day :)

Help me with this question please:)!!

Answers

p = x² coefficient * x⁰ coefficient

= 6 * -3 = -18

R = x coefficient = 7

now you have to find 2 numbers that multiply to give -18 and add to give 7

the numbers are 9 and -2

so

S = 9

P = -18

q = -2

r = 7

Solve each absolute value equation
2=|x|-1

Answers

Answer:

x = ±3

Step-by-step explanation:

2 = |x| - 1

Add 1 to both sides:  |x| = 3

⇒ x = ±3

Solution:

2 = |x| - 1

Remember, the number inside the absolute value bars will always be positive. This means that if -5 is between two bars, it will become 5.

=> 2 + 1 = |x|=> 3 = |x|

Let's review 2 ways that this equation can go through:

(3 = |3|) = (3 = 3) True(3 = |-3|) = (3 = 3) True

Hence, the measure of x is ±3.

The scale for the drawing of a rectangular playing field is 2 inches=7 feet.
Find an equation you can use to find the dimensions of the actual field. What
are the actual dimensions? PLS HELP

Answers

Answers YAVE NO IDEA

Step-by-step explanation:

I DONT KNOWWWW

Which statement best describes a command economy?
Government intervention in economic choices is strictly forbidden.
The government determines economic choices and makes most decisions.
The decisions made by producers and consumers drive all economic choices.

Producers and consumers make some economic choices while the government makes others.

Answers

the Government determines economic choices and makes its most decisions

I need help with this question, how do I find the value of x??

Answers

Answer:

Im sure that you need to subtract so 140 minus 15 is 130

Answer: x is 20 degrees

Step-by-step explanation:

145 + 15 = 160

180 - 160 = 20

( straight line: 180 degrees )

which represents a function HURRY PLSSS (90 POINTS)

Answers

Answer:

neither a or b

Step-by-step explanation:

a function has to have each X have a Y

a domain is paired with exactly one range value.

it has to pass the vertical line test

independent variable is X

dependant variable is Y

student name = x

colors/teachers is Y

so since there is the chance the students can have the same teacher and/or favorite color. then it is not a function

Neither A or B. Hope it helps you

A computer loses 32% of its value in the first year . It is worth $1650 after 1 year ,how much was it bought for to the nearest $

Answers

Answer:

32+500=532

Step-by-step explanation:

is the nearest rupee

32% of 5,156.25 = 1,650. Therefore the computer was brought for $5156.25

Suppose that your data shows that Saturn orbits every 29.5 years. To the nearest hundredth of an au, how far is Saturn from the Sun?

Answers

Answer:

Step-by-step explanation:

it’s 9.55 au

Saturn is 9.57 au  far from the sun

What is third law of  Kepler ?

Kepler's third law, also called the law of periods, states that the square of the orbital period is proportional to the cube of its mean distance R.

Let time period of earth = T (e)

Time period of Saturn will be = T(s) = 29.5 T(e)

(since , it is given that Saturn orbits every 29.5 years )

distance of earth from sun = r(e) = 1.5 * [tex]10^{11}[/tex] m

distance of Saturn from the sun = r(s) = ?

using Kepler's third law

[tex]T^{2}[/tex] is directly proportional to [tex]r^{3}[/tex]

[tex]T(s)^{2}[/tex]/[tex]T(e)^{2}[/tex] = [tex]r(s)^{3}[/tex] / [tex]r(e)^{3}[/tex]

r(s) = r(e) [tex](T(s) / T(e))^{2/3}[/tex]

r(s) = 14.32 * [tex]10^{11}[/tex] m = 9.57 au

learn more about Kepler's third law

https://brainly.com/question/4097378?referrer=searchResults

#SPJ2

Please help me I’ll give 20 points :)

Answers

Answer:

B

Step-by-step explanation:

because  when simplified we get b

Answer:

1. A

Step-by-step explanation:

1.

[tex] {x}^{2} - 4x - 12 \\ {x}^{2} + 2x - 6x - 12 \\ x(x + 2) - 6(x + 2) \\ (x - 6)(x + 2) \\ [/tex]

What is the value of AC?

Answers

Set 5x+5=7x-1 solve that to get your value of x. X=3 then plug your answer of x into AC. 6(3)+7=25. This works because the triangle is isosceles.
ANSWER:25

Answer:

25

Step-by-step explanation:

5x+5 = 7x-1

5 = 2x-1

2x = 6

x = 3

3x6 = 18

18+7 = 25

If 1/3 gallon of paint covers 1/6 of a wall, then how many quarts of paint are needed for the entire wall?

Answers

Answer:

8 quarts

Step-by-step explanation:

There are 4 quarts in a gallon. If 1/3 of a gallon cover 1/6 of a wall, then an entire gallon will cover 1/2 of the wall. This means that 2 gallons will completely cover the wall. 2 gallons equals 8 quarts.

Answer:

8 quarts

Step-by-step explanation:

1/3 of a gallon = 1/6 of the wall

x of gallon = 1 of the wall

so x = 1/3 * 6 = 2 gallons

and 1 gallon = 4 quarts

then 2 gallon = 4*2 = 8 quarts

Find the value of x.
(4x + 10°
17
122°
A. 33
B. 28
C. 12
a
D. 20

Answers

Answer:

28°

Step-by-step explanation:

vertically opp angles will be equal

4x+10=122

4x = 112

x=28

An acre of land has an area of exactly 43,560 square feet. Which of the following is a reasonable estimate for the area of an acre of land?
A.
4 × 10-4 sq ft
B.
4 × 103 sq ft
C.
4 × 10-3 sq ft
D.
4 × 104 sq ft

Answers

Because an acre is 10 times the size of a football pitch and is often used area as a unit of measurement for broad regions, answer option (D) is a plausible estimate.

What is area?

The size of a surface area can be expressed as an area. The surface area is the area of an open surface or the boundary of a three-dimensional object, whereas the area of a planar region or planar region refers to the area of a shape or flat layer. The area of an object is the entire amount of space occupied by a planar (2-D) surface or shape. Make a square with a pencil on a piece of paper. A two-dimensional character. On paper, the area of a shape is the amount of space it takes up. Assume the square is made up of smaller unit squares.

(D) 4 104 sq ft is the right answer.

Considering that an acre of land has an area of exactly 43,560 square feet, answer selections (A) and (C) are both too tiny, as they are both less than 1% of the size of an acre. Answer option (B) is 100 times the size of an acre and hence far too huge.

Because an acre is 10 times the size of a football pitch and is often used as a unit of measurement for broad regions, answer option (D) is a plausible estimate.

To know more about area visit:

https://brainly.com/question/13194650

#SPJ1

please help i need answer asap

Answers

Answer:

1: x=-3

2: x=1 is the answer

solve by factorising x2 + 8x + 15 = 0

Answers

Answer:

x = - 3/2 thats the answer

can someone help me with this equation y=-x+4 and y=3x

Answers

Answer:

y=-x+4

y=3x

so that means

-x+4=3x

+x

4=4x

x=1

Hope This Helps!!!

How to solve this? And what is the answer.

11 = -5x-2

Answers

[tex]\large \bf\blue{\bigstar\boxed{\pink{\frak{Solution}}}} \blue{ \bf\longmapsto}[/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf11 = -5x-2[/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf11 + 2= -5x[/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf13= -5x[/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf - 13=5x[/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf 5x = - 13[/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf x = \dfrac{ - 13}{5} [/tex]

[tex] \\ \\ [/tex]

[tex] \looparrowright \sf x = - 2.6[/tex]

or

[tex] \looparrowright \sf x =- 2\dfrac{3 }{5} [/tex]

Answer:

-13/5 or -2.6

Step-by-step explanation:

Step 1: Flip the equation.

−5x−2=11

Step 2: Add 2 to both sides.

−5x−2+2=11+2

−5x=13

Step 3: Divide both sides by -5.

-5x     13

----- = -----

-5        -5

x = -13/5

Two different businesses model their profits over 15 years, where x is the year, f(x) is the profits of a garden shop, and g(x) is the profits of a construction materials business. Use the data to determine which function is exponential, and use the table to justify your answer.
A. g(x) is exponential; an exponential function increases faster than a linear function.
B. g(x) is exponential; g(x) has a lower starting value and higher ending value.
C. f(x) is exponential; an exponential function increases more slowly than a linear function.
D. f(x) is exponential; f(x) increased less overall than g(x).

Answers

The correct answer would be answer D

Answer:

the correct answer should be c

Show working pls

Find the area of the following composite shapes

Answers

Answer:

112 sq cm

Step-by-step explanation:

Area of the square:

A = s^2

= 8^2

=64 sq cm

Area of a triangle:

A = 1/2•b•h

= 1/2•8•12

= 48 sq cm

Area of total shape:

A_square + A_triangle

= 64 + 48

= 112 sq cm

Other Questions
The american home front in the second world war is best described as. What song asks members of the older generation to get out of the way if they can't help Daniel expanded the expression as shown. What errors did he make? Select three options.-2(-8x-4y+3/4)=-10x-8y-1 1/4A. The first term should be positive.B. The second term should be positive.C.The last term should be -1 1/2, not -1 1/4.D. He divided -8 by -2 instead of multiplying -8 by -2.E. He did not simplify the expression completely. How would you explain how a password generator program works okokokokokokokokookokokok I NEED HELP ON NUMBER 11 ASAP!! A user has multiple web pages open and is using email. Which layer of the Transmission Control Protocol/Internet Protocol (TCP/IP) model is responsible for sorting the data to send email and web pages to the appropriate location?a) Transportb) Networkc) Data linkd) Application 2.2,Write the ratio 1 2/3: 2 2/3 in the simplest form., Help meeeeeThe price of a new car is $30,000. If the sales tax is 6.5%, what is the total cost for the car, including tax? The radio of boys to girls at mathematics high school is 4:3 if there are 1526 students at the school, how many are girls Read the excerpt from Heart of a Samurai.But no sooner had he said this than the wind began to roar like a dragon. The sail filled with air and yanked the boat on its side until Denzo released the line. Freed, the sail whipped about, flapping like a wounded bird.Which words best help the reader imagine the sounds on the boat?filled and releasedair and whippedfreed and yankedroar and flapping In right triangle ABC, sin B = 2x+0.42 B=2x+0.42 and cos C = 9x+0.84 C=9x+0.84. Solve for xx. help geometry test is coming up and teacher hasnt taught anything yet,(80% of grade) Which two statements describe how igneous rock is formed?O A. Existing rock changes into new kinds of rock due to heat andpressure.OB. Solid rock melts to form magma and then solidifies as it cools.O C. Liquid rock hardens into solid rock as it cools underground.I D. Solid rock breaks down into fragments that become part of newrock. Express alphabetically: Double the sum of p and q Which of the following polynomials is in standard form?O A. F(X= -3x4 - 1+6x2 +7xB. F(x) = -3x4 +6x2 +7x-1C. F(x) = -3x4 +6x2 - 1+7 xOD. F(x) = 7x+6x2 - 1-3x4 HELP ASAP! WILL MARK BRAINLIEST! What was the biggest weakness in the Articles of Confederation? 1. Congress passed unfair taxation laws.2. The president was too powerful.3. The states held too much power.4. The states had no power. A cannonball is released at an angle of 20 at a velocity of 12m/s. Calculate the horizontal velocity of the object. What kinematic formula must be used to solve this problem?. Emma read the statement "the quotient of six and a number, x, is the same as negative two times the difference of x and 4. 5. " She translated it as shown below. 6 x = negative 2 x minus 4. 5 What errors did Emma make? Select two options. She should have used division to represent the quotient of six and x. She should not have included an equal sign. She should have used parentheses to show that Negative 2 is multiplied by (x minus 4. 5). She should have subtracted the difference (x minus 4. 5) from Negative 2. She should have used parentheses to show that Negative 2 is multiplied by (4. 5 minus x). ________ is a producer that supports life in marine ecosystems.