Suppose that $590 is deposited into an account that pays 3.5% compounded quarterly. How long will it
will take for the account to contain at least $800? Round to the nearest year.

Answers

Answer 1

Answer: 9 years

Step-by-step explanation:

Let 's use the compound interest formula :

[tex]\rm \displaystyle S=A\left( 1+\frac{N}{100} \right)^{\rm \big r}[/tex]

Where N- the percentage by which we raise the price ; r-years ; A-the original price

In our case

N=3,5%  ;  r=?  ; A=590$  

And we know :

[tex]\rm \displaystyle S= 800 \\\\ 590 \left( 1+ \frac{3,5}{100} \right)^{\big {r}}=800 \\\\\\(1,035)^{\big r} = \frac{80}{59}\approx1,355 \\\\\\ r= \log_{1,035}\ 1,355=8,\underline831 \approx9 \ years[/tex]


Related Questions

Which ordered pair is a solution of the equation?
7x – 2y = -5

Answers

Answer:the answer should be (1,5)

Step-by-step explanation:

Determine whether the equation is a linear equation in two variables. 5y = x - 5​

Answers

Answer:

Yes

Step-by-step explanation:

start with 5y=x-5

divide both sides by 5 to get:

y= x/5 - 1

since a linear equation is represented by y=mx+b, and this can be represented in that form, this is a linear equation.

297,060 ÷ 0.0004839 =

Answers

Answer:

613,887,166.76999

Step-by-step explanation:

hshsididodj bdnd

dbdbjdjd

nsbbdbd

bdbbdhd

Answer:

[tex]297,060 ÷ 0.0004839 =613887166.77[/tex]

I need a lil help here (18 points!!!!!)

Answers

Answer:

correct answer is 2

............................

Answer U4

Step-by-step explanation:

blank is 4

Find the median of the data set.
2, 33, 23,37,45, 5,49, 27,48

A) 33
B)45
C)29.9
D)5

The answer that is in blue is mine but I’m not sure if it’s right

Answers

A) 33

To find the median we have to order the numbers lowest to highest and see what’s in the middle, so;
2, 5, 23, 27, [33], 37, 45, 48, 49

simplify the expression.

-1 (x+9)

Answers

Answer:

-x-9

Step-by-step explanation:

-1(x+9)

(-1)(x) + (-1)(9)

(-x) + (-9)

-x-9

Answer:

-9x

Step-by-step explanation:

(x+9)=(9x) and then

9x x -1

-9x is the answer

GUYS IS THIS CORRECT? CLASS 6 MATHS​

Answers

Answer:

yes these all are correct

How do you write 3.866 x 10^15 in standard form?ASAP BRAINLIST ​

Answers

Answer:

3866000000000000

Step-by-step explanation:

you move the decimal 15 spaces to the right

A line passes through the point (2,8) and has a slope of 7

Answers

Answer:

y=7x-6

Step-by-step explanation:

Use point-slope equation.

y-y1=m(x-x1)

y-8=7(x-2)

y-8=7x-14

y=7x-6

help me guys I need help ?​

Answers

Answer:

The answer is D. Hope this helps

The Answer is D- (-4,21/2)

what is the answer to 12 divided by 51.6??? can i have an explanation to please if you guys don't mind??

Answers

Answer:

will u give the brainliest?


A) 52°
B) 78°
C) 96°
D) 39°​

Answers

it’s is C) angle 96

8x + 104 = 360
8x=256
x= 32
32 x 3 = 96

You deposit $9000 in an account that pays 5% interest compounded quarterly.

A. Find the value of one year

B.Use the future value formula for simple interest to determine the effective annual yield
(Formula: A=P(1 +rt)

Answers

Step-by-step explanation:

Given:

Deposit P = $9000Interest rate r = 5% = 0.05Time t = 1 yearNumber of compounds n = 4

A. Find the value of one year

[tex]A = P(1 + r/n)^{nt} = 9000(1+0.05/4)^4=9458.51[/tex]

B.  Use the future value formula for simple interest to determine the effective annual yield

[tex]A=P(1+rt)\\[/tex][tex]r=(A/P-1)/t[/tex][tex]r=(9458.51/9000-1)/1=0.0509[/tex] r = 5.1%

Answer:

A)  $9458.51

B)  5.09%  (2 d.p.)

Step-by-step explanation:

Part A

Compound Interest Formula

[tex]\large \text{$ \sf A=P\left(1+\frac{r}{n}\right)^{nt} $}[/tex]

where:

A = final amountP = principal amountr = interest rate (in decimal form)n = number of times interest applied per time periodt = number of time periods elapsed

Given:

P = $9000r = 5% = 0.05n = 4 (quarterly)t = 1 year

Substitute the given values into the formula and solve for A:

[tex]\implies \sf A=9000\left(1+\frac{0.05}{4}\right)^{4 \times 1}[/tex]

[tex]\implies \sf A=9000(1.0125)^4[/tex]

[tex]\implies \sf A=9458.508032...[/tex]

Therefore, the value of the account after 1 year is $9458.51.

Part B

Simple Interest Formula

A = P(1 + rt)

where:

A = final amountP = principalr = interest rate (in decimal form)t = time (in years)

Given:

A = $9458.51P = $9000t = 1 year

Substitute the given values into the formula and solve for r:

[tex]\implies \sf 9458.51=9000(1+r(1))[/tex]

[tex]\implies \sf 9458.51=9000(1+r)[/tex]

[tex]\implies \sf \dfrac{9458.51}{9000}=1+r[/tex]

[tex]\implies \sf r=\dfrac{9458.51}{9000}-1[/tex]

[tex]\implies \sf r=0.050945...[/tex]

[tex]\implies \sf r=5.0945... \%[/tex]

Therefore, the effective annual yield is 5.09% (2 d.p.).

55+622-525-51×512

Simplification.​

Answers

Answer:

=–25960

Step by step explanation:

=677−525−(51)(512)

=152−(51)(512)

=152−26112

=−25960

Answer:

=–25960

Step by step explanation:

=677−525−51 512

=152−51 512

=152−26112

=25960

find the fractional form of sixty tow
seventh ​

Answers

sixty tow seven is not a number.

Hey<3 If you help you’re amazing if you don’t you’re awesome.

Answers

Answer:  576

============================================================

Check out the diagram below.

I've split the figure into 3 separate blocks. We calculate the volume of each block, then add up those volumes to get the final answer.

Block A = largest block on the leftBlock B = middle blockBlock C = smallest block on the right

So,

volume of block A = length*width*height = 6*6*8 = 288 ft^3volume of block B = length*width*height = 6*6*5 = 180 ft^3volume of block C = length*width*height = 6*6*3 = 108 ft^3

Therefore, the total volume we're working with is:

A+B+C = 288+180+108 = 576 cubic feet

The "cubic feet" or "ft^3" portion is already taken care of by your teacher, so you just need to type in the number itself.

Assume that when human resource managers are randomly​ selected, ​41% say job applicants should follow up within two weeks. If 8 human resource managers are randomly​ selected, find the probability that at least 4 of them say job applicants should follow up within two weeks.

Answers

Using the binomial distribution, it is found that there is a 0.4295 = 42.95% probability that at least 4 of them say job applicants should follow up within two weeks.

For each manager, there are only two possible outcomes. Either they say job applicants should follow up within two weeks, or they do not say it. The opinion of a manager is independent of any other manager, which means that the binomial distribution is used to solve this question.

Binomial probability distribution  

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]  

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

The parameters are:

n is the number of trials.x is the number of successes.p is the probability of a success on a single trial.

In this problem:

41% say job applicants should follow up within two weeks, thus [tex]p = 0.41[/tex]8 managers are selected, thus [tex]n = 8[/tex].

The probability that at least 4 of them say job applicants should follow up within two weeks is [tex]P(X \geq 4)[/tex], which is given by:

[tex]P(X \geq 4) = 1 - P(X < 4)[/tex]

In which:

[tex]P(X < 4) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3)[/tex]

Then:

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{8,0}.(0.41)^{0}.(0.59)^{8} = 0.0147[/tex]

[tex]P(X = 1) = C_{8,1}.(0.41)^{1}.(0.59)^{7} = 0.0816[/tex]

[tex]P(X = 2) = C_{8,2}.(0.41)^{2}.(0.59)^{6} = 0.1985[/tex]

[tex]P(X = 3) = C_{8,3}.(0.41)^{3}.(0.59)^{5} = 0.2759[/tex]

[tex]P(X < 4) = P(X = 0) + P(X = 1) + P(X = 2) + P(X = 3) = 0.0147 + 0.0816 + 0.1985 + 0.2759 = 0.5707[/tex]

[tex]P(X \geq 4) = 1 - P(X < 4) = 1 - 0.5705 = 0.4295[/tex]

0.4295 = 42.95% probability that at least 4 of them say job applicants should follow up within two weeks.

A similar problem is given at https://brainly.com/question/25166697

please help need this done by tomorrow thank you [PHOTO]​

Answers

4x + 4° + 4x - 32° = 180°
8x - 28° = 180°
8x = 180° + 28°
8x = 208°
x = 26°

Refer to the rectangular prism

Answers

Answer:

Properties of a Rectangular Prism : A rectangular prism has 8 vertices, 12 sides and 6 rectangular faces. All the opposite faces of a rectangular prism are equal.

Step-by-step explanation:

The regular price of a skateboard is $74.99.
Find the sale price when the skateboard is reduced by:
a) 30% b) 25% c) 60% d) 50%
Calculate each sale price, including taxes of 13%.

Answers

Answer:

a)$62.2417

b)$65.9912

c)$39.7447

d)$47.2437

Step-by-step explanation:

a)100%-30%=70%

70%+13%=83%

83/100x74.99=62.2417

b)100%-25%=75%

75%+13%=88%

88/100x74.99=65.9912

c)100%-60%=40%

40+13=53

53/100x74.99=39.7447

d)100%-50%=50%

50+13=63%

63/100X74.99=47.2437

Hope this helps! Thanks.

If you can help please and thanks

Answers

Answer:

Cost of each pendant = $2.80

Step-by-step explanation:

Since we're given information regarding the total cost of beads, $13.20, and the total cost of beads and pendants for all 4 necklaces, $24.40:

Let b = beads

p = pendants

C = total cost of beads and pendants for all 4 necklaces.

b + p = C

$13.20 + p  = $24.40

$13.20 - $13.20 + p  = $24.40 - $13.20

p = $11.20 (This represents the total cost of 4 pendants).

To find out the cost of each pendant, divide $11.20 by 4:

$11.20 ÷ 4 = $2.80

Therefore, the cost of each pendant is $2.80.

Answer:

I'm 50% sure it's $7.52 though I may be wrong

im stuck pls help me​

Answers

I think you’re right hope you get it and can I have branliest for trying

Show that: [tex]\sqrt[ab]{ \frac{ {x}^{a} }{ {x}^{b} } } . \sqrt[bc]{ \frac{ {x}^{b} }{ {x}^{c} } } . \sqrt[ca]{ \frac{ {x}^{c} }{ {x}^{a} } } = 1.[/tex]

Brainliest! Brainliest..ans.

Answers

Here we need to Prove that ,

[tex]\bf\implies \sqrt[ab]{ \frac{ {x}^{a} }{ {x}^{b} } } . \sqrt[bc]{ \frac{ {x}^{b} }{ {x}^{c} } } . \sqrt[ca]{ \frac{ {x}^{c} }{ {x}^{a} } } = 1.[/tex]

Lets start with LHS , which is ,

[tex]\bf\implies LHS = \sqrt[ab]{ \dfrac{ {x}^{a} }{ {x}^{b} } } . \sqrt[bc]{ \dfrac{ {x}^{b} }{ {x}^{c} } } . \sqrt[ca]{ \dfrac{ {x}^{c} }{ {x}^{a} } } [/tex]

We know that ,

[tex]\bf\implies \sqrt[n]{k^m }= k^{\frac{m}{n}}[/tex]

• So that ,

[tex]\bf\implies \sqrt[ab]{x^{a-b}} . \sqrt[bc]{x^{b-c}} .\sqrt[ac]{x^{c-a}} \\\\\bf\implies x^{\frac{a-b}{ab}} . x ^{\frac{b-c}{bc}} .x^{\frac{c-a}{ca}} \\\\\bf\implies x^{\frac{ ac - bc + ab - ac + bc - ba }{abc } }\\\\\bf\implies x^{\frac{0}{abc}} \\\\\bf\implies x^0 \\\\\bf\implies 1 = RHS [/tex]

Hence ,

[tex]\implies \boxed{\bf \red{ LHS = RHS }} [/tex]

[tex]\large\underline{\sf{Solution-}}[/tex]

Consider LHS:

[tex]\sf= \sqrt[\sf ab]{\dfrac{\sf x^{a}}{\sf x^{b}}}\cdot \sqrt[\sf bc]{\dfrac{\sf x^{b}}{\sf x^{c}}}\cdot \sqrt[\sf ac]{\dfrac{\sf x^{c}}{\sf x^{a}}}[/tex]

As we know that:

[tex]\sf\red\leadsto\dfrac{x^{a}}{x^{b}}=x^{a-b}[/tex]

We get:

[tex]\sf= \sqrt[\sf ab]{\sf x^{a-b}}\cdot \sqrt[\sf bc]{\sf x^{b-c}}\cdot \sqrt[\sf ac]{\sf x^{c-a}}[/tex]

We can also write it as:

[tex]\sf= x^{\dfrac{a-b}{ab}}\cdot x^{\dfrac{b-c}{bc}}\cdot x^{\dfrac{c-a}{ac}}[/tex]

We know that:

[tex]\sf \red\leadsto x^{a}\cdot x^{b}=x^{a+b}[/tex]

We get:

[tex]\sf= x^{\bigg(\dfrac{a-b}{ab}+\dfrac{b-c}{bc}+\dfrac{c-a}{ac}\bigg)}[/tex]

[tex]\sf= x^{\bigg(\dfrac{c(a-b)+a(b-c)+b(c-a)}{abc}\bigg)}[/tex]

[tex]\sf= x^{\bigg(\dfrac{ac-bc+ab-ac+bc-ab}{abc}\bigg)}[/tex]

[tex]\sf= x^{\bigg(\dfrac{0}{abc}\bigg)}[/tex]

[tex]\sf= x^{0}[/tex]

[tex]\sf=1[/tex]

[tex]\textsf{= RHS}\\[/tex]

Which conversion factor would you use to convert from meters to feet? 0.3048 m 1 ft 0.3048 m 1.61 miles 1 km 1 in. 2.54 cm​

Answers

Answer:

There are 3.28084 feet per meter. So if you want to convert meters to feet using your own calculator, just multiply your number of meters by 3.28084.

You have a square table and want to create a
tablecloth for it using a piece of fabric.
The side length of the table is 72 inches. How
much fabric do you need?

Answers

Based on the information given, the length of fabric that's needed will be 288 inches.

From the information given in the question, we are informed that the side length of the table is 72 inches. Therefore, in order to calculate the fabric needed, we have to find the perimeter and this goes thus:

= 72 inches × 4

= 288 inches.

Therefore, the length of fabric that's needed will be 288 inches.

Read related link on:

https://brainly.com/question/24429956

ready
A machine contains two gears. The large gear has 12 teeth and the small gear has 8 teeth.
The gears are marked with arrows to show their starting positions. Josh wants to know how
many times each gear needs to turn for the arrows to line up again.
10
•) Find the number of teeth that have touched
after each full turn of the large gear.
11
Small Gear
) Turns )
Large Gear
Teeth
Teeth
1
12
8
2
3
?
4
?

Answers

Answer:

Step-by-step explanation:

I think it is a strangely worded question as they only refer to the larger gear turning.

I believe that this is what they are going for.

Number of teeth passing in each revolution

The Numbers match when the large gear turns two times as the smaller gear turns three times.

(a) I wanted to determine how much water my sprinkler was using, so I set out a bunch of empty cat food cans at various distances from the sprinkler and noted how high the water was in each can after one hour. My sprinkler reaches from 0 feet to 16 feet away from the sprinkler. The data are given in Table 1. The sprinkler distributes water in a circular pattern, so I assumed that points the same distance from the sprinkler received the same amounts of water. One way to use the data in Table 1 to estimate how many cubic feet of water my lawn got from my sprinkler in one hour is to write down an integral for the volume of water using the method of shells, and then use a right-endpoint Riemann sum to approximate this integral. Give your answer in decimal form rounded to the nearest cubic foot.
(b) My neighbor decided to collect the same data for her watering. Her sprinkler reaches from 0 feet to 21 feet away from the sprinkler, but she did not set out the cans at evenly spaced distances and so the calculation is a bit more complicated. The data are given in Table 2.Use the data in Table 2 to estimate how many cubic feet of water her lawn got from her sprinkler in one hour. Again, write down an integral for the volume of water using the method of shells, and then use a right-endpoint Riemann sum with subintervals of different lengths to approximate this integral. Give your answer in decimal form rounded to the nearest cubic foot.

Answers

Answer:

a) 108 ft

Step-by-step explanation:

2pi (x*f(xi)........)*deltax

x is the point in the table

so for the first three points

2pi(2*f(2)+4*f(4)+6*f(6).....)*2

and so on for the rest

make sure you convert f(x) into feet, for example (2, 2.1) do 2.1/12

first point in equation

2pi(2*(2.1/12)+....)*2

math read please IMA WRITE USELESS WORDS CONTINUE

Answers

Basically just show using numbers how the shapes are not alike like what makes them different make some numbers up and do it just like that and explain how the shapes won’t Align with each other

The prize of a television was reduced from $250 to $200.
By, what percentage was the price of the telivision
reduced?
F 20%
G 25%
H 80%
J 50%

Answers

Answer: F 20%

Step-by-step explanation:

50 is 20% of 250

Let A = {x : 2x² + 3x - 2 = 0} and B = {x : x² + 3x - 4 = 0 } find (A U B) × (A Π B)​

Answers

Given :

A = {x: 2x² + 3x - 2 = 0 } B = {x : x² + 3x - 4 = 0 }

To find :

(A U B ) × (A Π B )

Solution :-

The first set is ,

A ={x : 2x² + 3x - 2 = 0}

Solving the Quadratic equation ,

2x² + 3x - 2 = 0 2x² + 4x - x - 2 = 0 2x( x + 2) -1( x + 2 ) = 0(2x -1) ( x + 2) = 0 x = 0.5 , -2

Hence ,

A ={0.5, -2}

The second set is ,

B ={ x :x² + 3x - 4 = 0 }

Solving the Quadratic equation ,

x² + 3x - 4 = 0 x² + 4x - x - 4 = 0 x( x + 4)-1 ( x +4) = 0 (x + 4) ( x -1) = 0 x = 1 , -4

Hence ,

B ={1,4}

Now ,

A U B = { 0.5 , 1 , 4 , -2} A Π B = {∅ }

Since AΠ B is a null set , hence ,

A × B = {}
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We've all heard stories of hero dogs that save their owners. One dog saved his owner by fighting off an alligator. Another woke his sleeping family when a fire broke out in its home. Still others rescue injured or needy people in dangerous situations. One dog even managed to call 911 when his owner suffered a seizure. But one dog, named Ginny, performed heroic acts on a regular basis, not just once or twice in unusual situations. Because of her kindness, many lives were saved.Ginny the dog was adopted by her owner from an animal shelter in 1990. Within days of bringing her home, her owner discovered that Ginny seemed to be able to find cats in distress. On her daily walks, Ginny would often find abandoned, trapped, or endangered kittens or cats that needed rescuing. In one such episode, Ginny found a group of kittens trapped in a pipe. She managed to let her owner know, by scratching and barking at the pipe, that something needed her help. Because of Ginny, all the kittens were saved.Almost daily, Ginny would find cats that needed rescuing or, in some cases, a little love. Ginny's owner reported that when Ginny saw a cat on their walks, she would pull away from her leash and run after the cat. Instead of chasing cats like most dogs, Ginny would nuzzle and lick them, giving them comfort. Because of Ginny, her owner soon found he was caring for hundreds of wild neighborhood cats. In addition, Ginny pushed her owner to adopt more than 20 cats, most of whom had permanent injuries or special needs."When we would go to the pound to drop off donations," her owner said, "Ginny always found the cat that was blind or deaf or hurt in some way. She would sit down in front of the cat's crate and not move until we brought it home."What makes a dog behave in such a kind way? Some believe Ginny had a very strong mothering instinct. But how could she tell when a cat was deaf? How did she know which cats needed love and attention? Regardless of how she did it, Ginny rescued hundreds of cats in her life and set an example we all can follow.Read this line from the text:Some believe Ginny had a very strong mothering instinct.What evidence from the essay supports this idea? Use details and examples from the essay to support your answer. pls tell me what to say it is 12:56 and need this answer by 1:12 Can someone help me understand this and give me the answer? Given: 3jk 2 + =15 4k Prove: j = 10 3k 1. What part of Mother Teresa's life touched you? Why?2. What are your realizations after reading or watching the video about her life?3. How can you apply them in your day-to-day living? 4 times 14 5/6 to the nearest whole number Summarize the steps of water cycle Read and select the best expression to complete this dialogue.A boss meets up with one of her employees:Buenos das. ________, seorita?Buenos das. Estoy muy bien, gracias. Y usted? 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