a loan of 38000 is made of 3% interest, compounded annualy. after how many years will the amount due reach 49000 or more

Answers

Answer 1

Answer:

the time period is 9 years

Step-by-step explanation:

The computation of the number of years is as follows:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

$49,000 = $38,000 × (1 + 0.03)^number of years  

$49,000 ÷ $38,000 = 1.03^number of years  

tlog(1.03) = log($49 ÷ $38)

Now apply the log formula in calculator or in excel  

t = log(49 ÷ 38) / log(1.03)

= 8.6

= 9 years

Hence, the time period is 9 years


Related Questions

Molly shared a spool of ribbon with 12 people. Each person received 3 feet of ribbon. Which equation can she use to find
r, the number of feet of ribbon that her spool originally had?

Answers

Answer: R/12=3

             

Step-by-step explanation: This is because / = divide so since we need to divide then multiply its better you go with /

Answer:D

Step-by-step explanation:

5
Mo spends of his pocket money on a present for his sister.
He gives of his pocket money to charity.
What fraction of his pocket money does he have left?
You may use the fraction strip to help you.

Answers

love shot

Step-by-step explanation:

1x24 minus 1 and that is good

hope it helps

Complete the table by using your knowledge of the formula for simple interest.​

Answers

Answer:

that look hard

Step-by-step explanation:

A supervisor records the repair cost for 17 randomly selected VCRs. A sample mean of $68.83 and standard deviation of $12.17 are subsequently computed. Determine the 80% confidence interval for the mean repair cost for the VCRs. Assume the population is approximately normal.

Step 1 of 2: Find the critical value that should be used in constructing the confidence interval. Round your answer to three decimal places.

Answers

Answer:

27

Step-by-step explanation:

im smart

if k(x)=x²-4 find k(2x)


1 -4
2-x²
3-2x²-4
4-4x²-4

Answers

Answer:

4. 4x² - 4

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Function NotationCombining Like Terms

Step-by-step explanation:

Step 1: Define

k(x) = x² - 4

k(2x) is x = 2x

Step 2: Evaluate

Substitute in x:                    k(2x) = (2x)² - 4Exponents:                          k(2x) = 4x² - 4

is 1/3, 7/21 proportion ​

Answers

Answer:

1/3

Step-by-step explanation:

The temperature on Sunday was 45 degrees. The next day the temperature dropped by 13 degrees. What is the temperature the next day" *

Answers

Answer:

The answer is 32 degrees

Step-by-step explanation:

45 minus 13 equals 32

PLEASE HELP ME THIS IS URGENT!! THIS IS ACC MATHEMATICS!! Please I need to turn this in

Answers

?so yeah but I don’t get it soooooooooooooooo

Three friends are participating in a
charity run. Joy ran 6.8 miles, Simón ran
5.5 miles, and Kita has run 8.4 miles.
Part A
Complete the bar diagram to find the
total distance the friends have run.

Part B
If each friend ran the same distance of
the charity run, how many miles would
each friend run? Complete the bar
diagram to help you
Part C
It took Simón 33 minutes to run
5.5 miles. Did he run faster or slower
than 1 mile every 5 minutes? How can
you tell?

Answers

Answer:

Part A. 20.7

Part B. 6.9, 6.9, 6.9

Part C. Slower. 33/5.5= 6. 6 minutes is greater than 5 minutes so Simon  ran slower than 1 mile  every 5 minutes.

Step-by-step explanation:

Help pleasseeeee!!!!!!

Answers

Answer:

i think C sorry if wrong

I believe that The solution of equation A is -1 and of equation B is -2 , so A will be greater that B

i need help with this please

Answers

Answer:

31/8

Step-by-step explanation:

55% means 55 out of 100. Write 55% as a fraction in simplest form. Is it 55/100 plz give me an explanation.

Answers

The answer is 11/20. You have to divide the numerator (55) and the denominator (100) by the greatest common factor (5) to get the simplest form of 55/100 (or 55%).

A motocross ramp is 16 feet tall and 24 feet long what is the slope of the ramp

Answers

384 step by step explanation:

Sandra rode her bike 9 1/3 miles on Monday and 6 4/5 miles on Tuesday how many miles did Sandra walk in both days

Answers

There’s no calculations for walking.

She rode a total of 16 2/15 for the 2 days

Answer:

2 8/15

Step-by-step explanation:

1. (a) Let A = 1, 3, 5, 7 and B = X : X is the first three multiple of 7 . Find (A−B).
(b) Find the remainder when f (x)=3x^3 −11x−48 is divided by x−1 .
(c) Let f (x)= x3 , g(x)= x+5. Find (f •g)(x)
(d) Find the derivative of y = 3+ x^2+ x^3y^3.

Answers

Answer:

a) A-B = { 1 , 3, 5 }

b) The remainder is 50

c) f + g)(x) = x⁴+ 5x³

d) [tex]\frac{dy}{dx} = \frac{2x- y^3(3x^2)) }{ 1- x^3 3y^2}[/tex]

Step-by-step explanation:

Step(I):-

1) a)

Let A = { 1, 3, 5, 7 } and B = { 7 , 14 , 21 }

A - B = {1,3,5,7} - { 7,14,21}

A - B  = { 1 , 3, 5}

b)

Given f (x)=3x³−11x−48

    x-1  ) 3 x³ - 11x -48 (- 3x²-3x -2

            -3x³ +3x²

                 3x²-11x-48

                -3x²+9x

                     2x -48

                    -2x +2  

                                       

                         50

The remainder is 50

   

c)  Given f(x) = x³ and g(x) = x + 5

(f. g)(x) = f(x) .g(x) = x³ . (x+5) = x³(x) + 5 x³ = x⁴+ 5x³

d)

 Given function   y = 3 + x²+x³y³  ...(I)

By using derivative formulas

            y = xⁿ

            [tex]\frac{dy}{dx} = n x^{n-1}[/tex]

Apply d/dx ( UV) = U V¹ + V U¹



Differentiating equation (I) with respective to 'x' , we get

                      [tex]\frac{dy}{dx} = 0 + 2x + ( x^3 3y^2(\frac{dy}{dx} )+ y^3(3x^2))[/tex]

                     [tex]\frac{dy}{dx} - ( x^3 3y^2(\frac{dy}{dx} )= 2x- y^3(3x^2))[/tex]

                   [tex]\frac{dy}{dx} = \frac{2x- y^3(3x^2)) }{ 1- x^3 3y^2}[/tex]



thx for helping me get smart and learing my math ava :D

Answers

Answer:

NICEE

Step-by-step explanation:

which one of these is a rational number
A. square root of 9/2
B. square root of 13/16
C. square root of 34
D. square root of 49

Answers

D is the ans. Square root of 49 equals to 7

I give 20! Find the surface area. And without explanation please, I don’t have enough time.

Answers

Answer:

816 cm²

Step-by-step explanation:

Surface area of the composite figure = (surface area of the larger rectangular prism + surface area of the smaller rectangular prism) - area of the side of the smaller rectangular prism that is joined to the bigger prism.

✔️Surface area of the larger rectangular prism:

Area = L*W*H = 20*5*6 = 600 cm²

✔️surface area of the smaller rectangular prism:

Area = L*W*H = 12*4*6 = 288 cm²

✔️area of the side of the smaller rectangular prism that is joined to the bigger prism.

Area = L*W = 12*6 = 72 cm²

Surface area of the composite = (600 + 288) - 72 = 888 - 72 = 816 cm².

Type the correct answer In each box.
What are the values of x and y that make the equations true?
Equation A
(x + yi) + (4 – 7i) = 3 - 4i
Equation B (x + yi) - (-6 + 14i) = 18 + 2i
In equation A, x =
and y =
In equation B, r =
and y =

Answers

9514 1404 393

Answer:

  A: x = -1  and  y = 3

  B: x = 12  and  y = 16

Step-by-step explanation:

In each case, you can add the opposite of the constant to find the variable.

Equation A

  (x +yi) +(4 -7i) = (3 -4i)

  (x +yi) +(4 -7i) -(4 -7i) = (3 -4i) -(4 -7i) . . . . . add -(4-7i) to both sides

  x +yi = (3 -4) +(-4-(-7))i = -1 +3i

  x = -1  and  y = 3

__

Equation B

  (x +yi) -(-6 +14i) = (18 +2i)

  (x +yi) -(-6 +14i) +(-6 +14i) = (18 +2i) +(-6 +14i) . . . . . add (-6 +14i) to both sides

  x + yi = (18 -6) +(2 +14)i = 12 +16i

  x = 12  and  y = 16

Answer:

In equation A: x=-1 and y=3

In equation B: x=12 and y=16

Step-by-step explanation:

Elena has 20 apples and 35 crackers for making snack bags. She wants to make as many snack bags as possible and wants each bag to have the same combination of apples and crackers. What is the largest number of snack bags she could make?
Which one is it? GCF(greatest common factor) LCM (least common multiple).

Answers

Answer:

GCF

Step-by-step explanation:

Answer: The largest number of snack bags she could make is 5

Step-by-step explanation:

20/5=4 apples

35/5=7 crackers

In each bag she will place 4 apples and 7 crackers

de acuerdo con la siguiente figura calcula el ancho del río y la distancia del árbol a la lancha.

Answers

lo siento pero no hay nada ahí

What is the slope of the line containing the ordered pairs (5,-3) and (-2,-3)

Answers

Answer:

0

Step-by-step explanation:

Use the slope formula: m = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]

m = [tex]\frac{-3+3}{-2-5}=\frac{0}{-7} =0[/tex]

The slope of the line is 0.

When performing a Translation to a segment. What will be the change between the pre-image and the image? (HELP I need this done by 5 Minutes.)

Answers

different directions

Find the solution to the system
5x+4y=-34 and y=3x

Answers

Answer:

x = -2 ; y = -6

Step-by-step explanation:

Let y = 3x be eqn.1

So putting eqn.1 in 5x + 4y = -34 gives ,

[tex]5x + 4y = - 34[/tex]

[tex] = > 5x + 4(3x) = - 34[/tex]

[tex] = > 5x + 12x = - 34[/tex]

[tex] = > 17x = - 34[/tex]

[tex] = > x = \frac{ - 34}{17} = - 2[/tex]

Putting the value of x in eqn.1 gives :-

[tex]y = 3x = 3 \times ( - 2) = - 6[/tex]

PLZ ANSWER IF U KNOW THE ANSWER​

Answers

Answer:

AEF

Step-by-step explanation:

NOT B

For history class, Joe spent 2 hours writing a 4-page report on ancient Egypt. This weekend, he needs to write a 12-page report on the Roman Empire.
If he writes at the same rate, how long will it take Joe to write his report?

Answers

Answer:

2hours/4pages

2/4=1/2

1/2=x/12

cross multiply

12=2x

divide by 2 both sides

6=x

6 hours

Answer:

the answer is 6

Step-by-step explanation:

What investment/savings options has the greatest risk?

Answers

Stocks / Equity Investments include stocks and stock mutual funds. These investments are considered the riskiest of the three major asset classes, but they also offer the greatest potential for high returns.

if I have a 15 gallon tank what percentage is in tank if it only takes 12 gallons to fill it​

Answers

Step-by-step explanation:

12/15 * (100%)

= 4/5 * (100%)

= 4 * 20%

= 80%

Please gimme brainliest

The correct answer is that 12 is 80% of 15 gallons.

Using the binomial theorem, expand the expression (4 + y) to the power of 4

Answers

Answer:

When raised to the power of 4, the binomial (4 + y) expands to:

[tex]y^4 + 16y^3 + 96y^2 + 256y + 256[/tex]

Step-by-step explanation:

[tex](4 + y)^4 \\= (y^2 + 8y + 16)^2\\= y^4 + 8y^3 + 16y^2 + 8y^3 + 64y^2 + 128y + 16y^2 + 128y + 256\\= y^4 + 16y^3 + 96y^2 + 256y + 256[/tex]

How to I write 1 2/3 as an improper fraction help ASAP

Answers

You would write 5/3 for it to be an improper fraction
you would write it as five over three
[ 5/3 ]
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