If
you
invest $100 in an index fund that earns an average annual rate of
return of 12.3% compounded monthly. You make a regular monthly
contributions of $25, how much will your investment be worth in 52 years?

Answers

Answer 1

Answer Interest rate = 12.3%

The compound interest formula is given by:

Where

A = Future amount

P = Present amount (Principal amount)

r = Interest rate in decimal form

n = No. of times compounded per year

t = time in years.

We can say that if:

Present amount = P

Future amount = 3P

r = 12.3/100 = 0.123

n = 1

t = ?

Substitute the values in the formula of compound interest:

Taking log on both sides.

Round off to nearest option

t ≅ 9 years


Related Questions

One-celled organisms that are more complex than bacteria are called viruses.

Question 6 options:
True
False

Answers

Answer:

false

Step-by-step explanation:

bacteria are bigger and more complex than viruses.

False

Not called virus.
It is Protozoa.

Company A makes 20 notebooks in 4 hours. Company B make 28 notebooks in
3 hours. Write a statement comparing the number of notebooks made per
hour.

Answers

•Company B makes more books(8 more) in less time (1 hour Less) while company A makes 8 less in more time.

A recipe requires 1/3 cup of water for every 2/5 cups of sugar. How much
sugar would you need for a full cup of water?

Answers

Answer:

1 1/5

Step-by-step explanation:

Ivanna drove 420 miles using 18 gallons of gas. At this rate, how many gallons of gas would she need to drive 357 miles?

Answers

Answer:

15.3 GAL.

Step-by-step explanation:

The second side of a triangular deck is 4 feet longer than the shortest​ side, and the third side is 4 feet shorter than twice the length of the shortest side. If the perimeter of the deck is 52 ​feet, what are the lengths of the three​ sides?

Answers

Answer:

13 ft, 17 ft, 22 ft

Step-by-step explanation:

let x be the shortest side, then second side is x + 4 and the third side is

2x - 4

sum the 3 sides and equate to 52

x + x + 4 + 2x - 4 = 52 , simplify

4x = 52 ( divide both sides by 4 )

x = 13

x + 4 = 13 + 4 = 17

2x - 4 = 2(13) - 4 = 26 - 4 = 22

lengths of 3 sides are 13 ft, 17 ft and 22 ft


What is the value
of m when p= 32
3p + 2 = m
m =
O
11
00
8
O
5
3

Answers

Just substitute 32 for p in the equation
3(32)+2=m
96+2=m
M=98

How do you multiply a fraction and a whole number? Please explain step by step to get marked as brainliest!

Answers

Multiply the numerators then multiple the denominators

Answer: 1 1/2 x 4 4/7

= 3/2 x 32/7

= 96/14

Step-by-step explanation:

1. Write the whole number as a fraction with a denominator of 1.

2. Multiply the numerators.

3. Multiply the denominators

4. Simplify. If needed, if your answer is greater than 1, you may want to write your answer as a mixed number.

Could somebody please explain this to me?​

Answers

Answer: call 911

Step-by-step explanation: call 911

I NEED HELP! The surface area of a triangle is base times height. True or False?

Answers

the answer to that question should be true

Answer:

true

Step-by-step explanation:

i learned this in like 7th grade

PLEASE HELP!!!!! I WILL REWARD

Answers

Answer:

the fourth bubble or  d

Step-by-step explanation:

x has to equal to or less than 6

ANSWER:....x ≤ 6......


When using a ruler, where is the unit?
- The tick marks on the ruler.

- The space between the tick marks on the ruler.

-The numbers on the ruler.

Answers

Answer:

Is it The numbers on the ruler?

Step-by-step explanation:

Given ABCD, solve for x.
A. 11
B. 13
C. 14
D. 12

Answers

Answer:

Step-by-step explanation:

Because you have a parallelogram, the two angles shown are "same side interior angles" which means they add up to 180°.

We would say that they are supplementary (they add up to 180°)

So add them together and set them equal to 180°

(4x+18) + (8x+30) = 180°

This is all adding, so we dont really need any of these parenthesis.

4x+18+8x+30=180

Add the x terms together and add the constants (plain numbers) together.

12x + 48 = 180

Subtract 48 from both sides of the equation.

12x = 132

Divide both sides by 12

x = 11

Simple interest ending balance $41,900 at 4% for 2 years?

Answers

Answer:

The simple interest is $3352.

Step-by-step explanation:

Using PRT/100, we can find the interest.

=> 41,900 x 4 x 2/100 => 419 x 4 x 2=> $3352Conclusion:

Therefore, the simple interest is $3352.

Hoped this helped.

[tex]BrainiacUser1357[/tex]

5. How much would d dollars earn in one year at thē rate of p percent compounded annually?

Answers

Answer:

a

Step-by-step explanation:

a

Given that in ABC, angle C is 12 less than 4 times x, angle A is 11 more than twice x, and angle B is 8 less than 3 times x. Find the m of angle
C

Answers

Answer:

  m∠C = 72°

Step-by-step explanation:

The sum of the angles in the triangle is 180°.

  A +B +C = 180°

  (2x +11)° +(3x -8)° +(4x -12)° = 180°

  9x = 189 . . . . . . . . divide by °, add 9

  x = 21 . . . . . . . . . divide by 9

Angle C is ...

  (4x -12)° = (4(21) -12)° = 72° . . . . angle C

_____

Additional comment

Angle A is 53°; angle B is 55°.

Which of the following is the graph of y = |x - 3|

Answers

Answer:

y = | x - 3 | is graphed on the attachment below

Step-by-step explanation:

If you ever need an equation graphed, here's a useful site called Desmos that can do that really well and for free.

What is 10% of 75? Use the double number line below to label your work and answer.

Answers

Answer: the answer is 7.5

Step-by-step explanation:

10% of 75 is 7.5 , this is because 75 divided by 10 is 7.5

im stuck step bro #im a guy

Answers

Answer:

Well then...

Step-by-step explanation:

What is the value of (-2.8)+0+(-2.6)+6.4

Answers

(-2.8)+0+(-2.6)+6.4
-2.8-2.6+6.4
-5.4+6.4
1

-4x+2y=0
10x+3y=8

HELPPPPPPP

Answers

Answer:

x=1/2 y =1

Step-by-step explanation:

(-4x+2y)/2x5=0/2x5

10x+3y=8

(-2x+y)x5=0

10x+3y=8

-10x+5y=0

10x+3y=8

8y=8

y=1

x=1/2

Jillian is making accessories for the soccer team. She uses 677.46 inches of fabric on headbands for 38 players and 4 coaches. She also uses 366.32 inches of fabric on wristbands for just the players. How much fabric was used on a headband and wristband for each player?

Answers

The amount of fabric used to make the headband is 16.13 inches. The amount of fabric used to make the wristband is 9.64 inches.

In order to determine the amount of fabric used to make the accessories, the total inches used would be divided by the total number of people the accessory was made for.

The amount of fabric used to make headband for a player = total quantity of fabrics used / total number of people

677.46 / (38 + 4)

677.46 / 42

= 16.13 inches

The amount of fabric used to make wristband for a player = total quantity of fabrics used / total number of players

366.32 / 38 = 9.64 inches

To learn more about division, please check: https://brainly.com/question/194007

Write an equation in slope-Intercept form for the line with slope 2 and y-Intercept - 1. Then graph the line.

Answers

Answer:

Solution given in the photo

The radioactive compound 14CO2 may be used as a tracer to study metabolism in plants. Suppose that a compound isolated from a plant exhibited 28, 32, 27, 39 and 40 counts of radioactive decays per minute. A blank sample used to measure the background counts of the radiation counter gave 28,21, 28 and 20 counts per minute. It appears that the isolated compound gives more counts than those from background. Can we be 95% confident that the compound is indeed radioactive?​

Answers

Using the t-distribution, it is found that since the test statistic is more than the critical value for the right-tailed test, it can be conclude that the isolated compound gives more counts than those from background, and hence, we can be 95% confident that the compound is indeed radioactive.

At the null hypothesis, it is tested if isolated compounds do not give more counts than those from background, that is:

[tex]H_0: \mu_1 - \mu_2 \leq 0[/tex]

At the alternative hypothesis, it is tested if the give more counts, that is:

[tex]H_1: \mu_1 - \mu_2 > 0[/tex]

Using a calculator, the mean and the standard deviation for each sample are given by:

[tex]\mu_1 = 33.2, s_1 = 6.058[/tex]

[tex]\mu_2 = 24.25, s_2 = 4.35[/tex]

Considering the sample sizes of 5 and 4, respectively, the standard errors are given by:

[tex]s_1 = \frac{6.058}{\sqrt{5}} = 2.71[/tex]

[tex]s_2 = \frac{4.35}{\sqrt{4}} = 2.175[/tex]

For the distribution of differences, the mean and standard error are given by:

[tex]\overline{x} = \mu_1 - \mu_2 = 33.2 - 24.25 = 8.95[/tex]

[tex]s = \sqrt{s_1^2 + s_2^2} = \sqrt{2.71^2 + 2.175^2} = 3.4749[/tex]

The standard error was found from the standard deviation for each sample, hence, the t-distribution is used.

The test statistic is given by:

[tex]t = \frac{\overline{x} - \mu}{s}[/tex]

In which [tex]\mu = 0[/tex] is the value tested at the null hypothesis, hence:

[tex]t = \frac{\overline{x} - \mu}{s}[/tex]

[tex]t = \frac{8.95 - 0}{3.4749}[/tex]

[tex]t = 2.58[/tex]

The critical value for a right-tailed test, as we are testing if the mean is greater than a value, with 5 + 4 - 2 = 7 df and a 0.05 significance level is of [tex]t^{\ast} = 1.895[/tex]

Since the test statistic is more than the critical value for the right-tailed test, it can be conclude that the isolated compound gives more counts than those from background, and hence, we can be 95% confident that the compound is indeed radioactive.

A similar problem is given at brainly.com/question/24826023

if 5a+b=14 then a = what
explain how you got it pls

Answers

Answer:

[tex]a = \frac{14 - b}{5}[/tex]

Step-by-step explanation:

The rule to know and follow is:

You can add, subtract, multiply or divide by anything so long as the same thing is done to both sides of the equals sign;

5a + b = 14

If we want to get: "a = ...", then we use the rule to isolate the variable a on one side of the equation;

Firstly, we subtract b from both sides:

5a + b - b = 14 - b

5a = 14 - b

Then, divide both sides by 5:

[tex]\frac{5a}{5} = \frac{14 - b}{5} \\\\ a = \frac{14 - b}{5}[/tex]

Ben made some apple pies. For every 4 cups of butter, he added 3 cups of water. The ratio of butter to water in Ben's apple pies is ____. (5 points)

Question 1 options:

1)



2)



3)

3

4)

4

Answers

Answer:

4 Trust me

Step-by-step explanation:

Giving Brainilest! Tell whether the triangles are similar

Answers

Answer:

57 digress

I think 57 digress of both triangles are similar

Step-by-step explanation:

hope this helps I don't know Its I don't know Its correct answer please ask to some one

Answer:

yes

Step-by-step explanation:

1. both are acute triangles

2. both have all the angles measuring less than 90°

3.first triangle x measures 50 degrees and y measure 80 degrees respectively.

pls give brainliest

need help solving this

Answers

Answer:

  x = (√21)/2

Step-by-step explanation:

The sides of a 30°-60°-90° triangle have the ratios 1 : √3 : 2. That means the middle-length side is (√3)/2 times the length of the longest side.

  x = (√3)/2·√7

  [tex]\boxed{x=\dfrac{\sqrt{21}}{2}}[/tex]

The data set below shows a relationship between the number of hours tara works and her paycheck:{ 1, 25), (2, 40), (3, 55), (4, 70), (5, 85), (6, 100) what is Tara's hourly pay rate?

Answers

Step-by-step explanation:

Need to find out total hours and total pay and simplify the answer.

Total Hours = 1+2+3+4+5+6 = 21

Total Pay = 25+40+55+70+85+100 = 375

Pay ÷ Hours = 375 ÷ 21 = 17.86

Not convinced with this answer tbh but it's what I got.

you walk 3/4 miles to a grocery store. Then you walk another 1/5 miles to a shoe store. How many miles have you walked in all?

Answers

Answer:

19/20 miles

Step-by-step explanation:

3/4 + 1/5

3/4 = 0.75

1/5 = 0.2

3/4 + 1/5

= 0.75 + 0.2

= 0.95

= 95/100

= 19/20

Therefore,

the miles you have walked in all is 19/20.

HELP ANSWER PART A AND B

Answers

Answer:

part A: median is 12

part B: interquartile rage is 10

Step-by-step explanation:

Part A: to find your median on a box and whisker plot, you just need to look at your middle line in your box. In this case it's 12.

Part B: to find your interquartile range on a box and whisker plot, you subtract your Q1 and Q3. Your Q1 and Q3 will be the two outside lines that make up the rest of your box, in this case would be 6 and 16. To find your Q1 if you don't already have your plot set up, you separate the numbers that are given to you in half and find the median of each side. The first half will be your Q1 and the second half your Q3.

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