What annual rate of interest is required to double an investment in 9 years

Answers

Answer 1

Answer:

8%

Step-by-step explanation:

If an investment scheme promises an 8% annual compounded rate of return, it will take approximately (72 / 8) = 9 years to double the invested money


Related Questions

Two random variables x and y are independent if the value of x does not affect the value of y. If the variables are not​ independent, they are dependent. A new random variable can be formed by finding the sum or difference of random variables. If a random variable x has mean μx and a random variable y has mean μy then the means of the sum and difference of the variables are given by the following equations. μx+y=μx+μy μx−y=μx−μy The distribution of a​ test's scores for​ college-bound male seniors has a mean of 1528 and a standard deviation of 319. The distribution of a​ test's scores for​ college-bound female seniors has a mean of 1498 and a standard deviation of 304. One male and one female are randomly selected. Assume their scores are independent.What is the average sum of their scores? What is the average difference of their scores?

Answers

Answer: [tex]\mu_{x+y} =[/tex] 3026

              [tex]\mu_{x-y}=[/tex] 30

Step-by-step explanation: Average sum of the female and male's test score is the sum of expected value of each gender:

[tex]\mu_{x+y}=\mu_{x}+\mu_{y}[/tex]

Assuming x represents the random male selected and y represents the random female selected:

[tex]\mu_{x+y}=1528+1498[/tex]

[tex]\mu_{x+y}=[/tex] 3026

The average sum of their scores is 3026.

Average difference is the difference between the expected value (mean) of each gender:

[tex]\mu_{x-y}=\mu_{x}-\mu_{y}[/tex]

[tex]\mu_{x-y}=[/tex] 1528 - 1498

[tex]\mu_{x-y}=[/tex] 30

The average difference of their scores is 30.

4/7 x 9/20 will give brainliest

Answers

Answer:

9/35 or 0.2571428

Answer:

9/35 (Already Simplified)

Step-by-step explanation:

For fraction multiplication, multiply the numerators and then multiply the denominators to get

4×97×20=36140

This fraction can be reduced by dividing both the numerator and denominator by the Greatest Common Factor of 36 and 140 using

GCF(36,140) = 4

36÷4140÷4=935

Therefore:

47×920=935

Solution by Formulas

Apply the fractions formula for multiplication, to

47×920

and solve

4×97×20

=36140

Reduce by dividing both the numerator and denominator by the Greatest Common Factor GCF(36,140) = 4

36÷4140÷4=935

Therefore:

4/7×9/20=9/35

36.24 divided by 9.06 is equal to

Answers

Answer:

4

Step-by-step explanation:

how many even integer numbers are between 12/5 and 56/5

Answers

Answer:

4

Step-by-step explanation:

12/5=2.4

56/5=11.2

so the even integers between them are

4,6,8, and 10

4 inegers

There are four even integers number that lies between 12/5 and 56/5. Then the numbers are 4, 6, 8, and 10.

What is Algebra?

The analysis of mathematical representations is algebra, and the handling of those symbols is logic.

The decimal number is the sum of a whole number and part of the fraction number. The fraction number is greater than zero but less than one.

If the integer number is divisible by 2, then the number will be known as even number.

The two integers are 12/5 and 56/5.

Convert the numbers into decimal form.

2.4 and 11.2

There are 4 even integers that are 4, 6, 8, and 10.

There are four even integers number that lies between 12/5 and 56/5. Then the numbers are 4, 6, 8, and 10.

More about the Algebra link is given below.

https://brainly.com/question/953809

#SPJ2

I will give you brainliest if you answer this

The predicted high temperature for yesterday was 55 ℉. The actual high temperature was 47 ℉. Calculate the percent error.

Answers

The percent error would be about 17% to be exact 17.0213

Which of the following represents the shaded area as a fraction, a decimal, and a percent of the whole?

Answers

Answer:

3

Step-by-step explanation:

kest kuy is offering a sale on its laptop computers with a 20 percent discount off its original price. there is 8% sales tax added to the discounted price to get the final price of the computer. if x is the original price and y is the final price, write an equation to determine the final price based upon the original price.

Answers

Answer:

[tex]y = 0.88x[/tex]

Step-by-step explanation:

Given

[tex]Discount = 20\%[/tex]

[tex]Sales\ Tax = 8\%[/tex]

Required

Determine the final price

First, we need to determine the sales price after the discount.

[tex]Discount = 20\% * x[/tex]

[tex]Discount = 0.20 * x[/tex]

[tex]Discount = 0.20x[/tex]

[tex]Sales\ Price = x - Discount[/tex]

[tex]Sales\ Price = x - 0.20x[/tex]

[tex]Sales\ Price = 0.80x[/tex]

Next, is to determine the sales tax.

[tex]Sales\ Tax = 8\% * x[/tex]

[tex]Sales\ Tax = 0.08 * x[/tex]

[tex]Sales\ Tax = 0.08x[/tex]

Final Price, y is then calculated as thus:

[tex]y = Sales\ Price + Sales\ Tax[/tex]

[tex]y = 0.80x + 0.08x[/tex]

[tex]y = 0.88x[/tex]

Find area of triangle. Picture included.

Answers

Answer:

5040

your welcome

Answer:

A=35

hope this helps

can you also please mark me as brainliest?

QUADRATIC FORMULA
X = ?​

Answers

Answer:

quad form is (plus or minus)

Step-by-step explanation:

[tex]-b +-\sqrt{b^2-4ac}/2a[/tex]

Answer:

x=5

Step-by-step explanation:

well first 2(2x-5) turns to 4x-10  because of distributive prperty

then simplify the other side 3x+x-2x to 4x-2x to 2x

then subtract 4x from both sides and you get -10= -2x

after divied -2x/-2 and -10/-5

and get x=5

then plug in 5 into x to make sure both sides are equal

and they equal 10=10

Determine the degree of the polynomial -57

Answers

Answer:

linear polynomial

Step-by-step explanation:

as no degree is given

Which relation is a function? It would be epic if you answer today lol

Answers

Answer:

Step-by-step explanation:

Pretty sure it's the third picture where it makes a U shape, since it passes the vertical line test.

Photos and videos have become an important part of the online social experience, with more than half of Internet users posting photos or videos online that they have taken themselves. Let A be the event an Internet user posts photos that they have taken themselves, and B be the event an Internet user posts videos that they have taken themselves. A research center finds that P(A) = 0.47, P(B) = 0.28,and P(A or B) = 0.52.

Required:
What is the conditional probability that an Internet user posts photos that they have taken themselves, given that they post videos that they have taken themselves?

Answers

Answer:

0.82

Step-by-step explanation:

Given:

A be the event that an Internet user posts photos taken by themselves.

B be the event that an Internet user posts photos taken by themselves.

P(A) = 0.47

P(A) = 0.28

P(A or B) = [tex]P(A\cup B)[/tex] = 0.52

To find:

Conditional probability that an Internet user posts photos given that they post videos.

OR

P(A/B) = ?

Solution:

Formula to be used to find the required conditional probability:

[tex]P(A/B) = \dfrac{P(A \cap B)}{P(B)}[/tex]

For this, [tex]P(A \cap B)[/tex] is required.

Formula

[tex]P(A \cup B) = P(A) + P(B) - P(A \cap B)[/tex]

[tex]0.52=0.47+0.28-P(A\cap B)\\\Rightarrow P(A\cap B)=0.23[/tex]

Now, the required conditional probability is:

[tex]P(A/B) = \dfrac{P(A \cap B)}{P(B)}\\\Rightarrow P(A/B) = \dfrac{0.23}{0.28}\\\Rightarrow \bold{P(A/B)} = 0.82}[/tex]

So, the answer is 0.82.

-3/5 divided by - 3/4 PLEASE HURRY make it in simplest form please

Answers

Answer: Exact Form:  4 /5

Decimal Form:  0.8

Step-by-step explanation:

Answer:

Step-by-step explanation:

Cancel -3

[tex]\frac{1}{5x4}[/tex]

Simplify  5 x 4 to 20.

​[tex]\frac{1}{20}[/tex]

Decimal Form: 0.05

Maria and John decide to shop for furnishings for the new house. They choose items that amount to $5600.00. The store has 2 fixed installment simple interest loan options for purchasing:

Option 1: 20% down payment and financing at 5% simple interest per year for 3 years.

Option 2: no down payment and financing at 5.25% simple interest for 4 years.

Answer each of the following questions separately, showing all your work to reach each answer.

A. Which option will result in smaller finance charge (interest)? What will that finance charge/interest be?

B. Which option will result in the smaller monthly payment on this fixed installment loan? What will that monthly payment be?

C. They decide to defer any purchases and invest a $5600 bonus that Maria will be getting from work in a savings account. The APR is 21.6% compounded monthly. How much interest will they earn in 4 years?

D. They decide to defer any purchases and loan the $5600 bonus to a needy relative at 1.5% simple interest per year. How long will the term of the loan need to be if they want to earn $500 in interest (assuming the loan is not paid off early).

Answers

Answer:

A. The option that results in the smaller finance charge/interest is option 1

B. The option that will result in the smaller monthly payment is option 1

C. The interest they will earn in 4 years, I = $6,643.972

D. The time it will take for them to earn an interest of $500 by loaning $5,600 at 1.5% is approximately 5.95 years

Step-by-step explanation:

A. The simple interest, I, formula is given as follows;

[tex]I = \dfrac{P \times R \times T }{100}[/tex]

Where;

P = The principal

R = The rate

T =The time given for the loan

For Option 1 the first option, we have;

Down payment = 0.2 × $5600.00 = $1,120.00

Principal = $5600.00 - $1,120.00 = $4,480.00

[tex]\therefore I = \dfrac{\$ 4480\times 5 \times 3 }{100} = \$672[/tex]

For Option 2. the second option, we have;

P = $5600.00

[tex]\therefore I = \dfrac{\$ 5600 \times 5.25 \times 3 }{100} = \$1176[/tex]

The option that results in the smaller finance charge is option 1

B. For option 1, the total amount = Principal + Interest

∴ The total amount remaining = $4480 + $672 = $5,152

The monthly payment = A/N

Where;

A = The total amount yet to be paid out of the loan = $5,152

N = The number of time periods = 3 × 12 = 36 months

The monthly payment = $5,152/36 = [tex]\$ 143.\overline{111}[/tex]

For option 2, the total amount = Principal + Interest

∴ The total amount remaining = $5,600 + $1176 = $6776

The monthly payment = A/N

Where;

A = The total amount yet to be paid out of the loan = $6,776

N = The number of time periods = 3 × 12 = 36 months

The monthly payment = $6,776/36 = [tex]\$ 188.\overline{222}[/tex]

Therefore, the option that will result in the smaller monthly payment is option 1

C. For a compound interest on a principal of $5,600 invested for 4 years in a savings account that gives an interest rate 21.6% per annum, we have;

[tex]A = P \times \left(1 + \dfrac{r}{n} \right)^{(n\times t)}[/tex]

We have, using the annual rate, rather than calculating for the monthly rate;

[tex]A = 5600 \times \left(1 + 0.216 \right)^{4} \approx 12243.972[/tex]

Therefore, the amount they will have in 4 years ≈ $ 12,243.972

The interest they will earn in 4 years, I = A - P ≈ $ 12,243.972 - $5,600 = $6,643.972

The interest they will earn in 4 years, I = $6,643.972

D. To earn an interest of $500 at an interest rate of 1.5%, we have;

[tex]500 = \dfrac{5600 \times 1.5 \times T}{100} = 84 \times T[/tex]

From which we have;

[tex]T = \dfrac{500}{84} = \dfrac{125}{21} = 5\frac{20}{21} \approx 5.95[/tex]

Therefore, the time it will take for them to earn an interest of $500 by loaning $5,600 at 1.5% is approximately 5.95 years.

What is the meaning of the expression (94+33)-3

Answers

124

i added 94+33 then substracted 3 hope it helps you

what is (3 x 10) + (4 x 1) + (5 x 1/10) + (5 x 1/100) + (6 x 1/1000)

Answers

Answer:

34.556

Step-by-step explanation:

Hope this helps!

Desperate need for help!
Maths!
Will award brainliest!

Answers

Step-by-step explanation:

fg(x) =

[tex] {(x - 4)}^{2} + 3(x - 4)[/tex]

=

[tex] {x}^{2} + 16 - 8x + 3x - 12[/tex]

=

[tex] {x}^{2} - 5x + 4[/tex]

Name the remainder for the quotient and describe or show how you found the remainder.
(x^3 - x^2 - 17x -15) ÷ (x-5)

Answers

Answer:

Step-by-step explanation:

The expression x^3 - x^2 - 17x -15) ÷ (x-5) shows that x+5 is one of the factor if the polynomial function. According to factor theorem, we will equate the factor to zero and find x;

x+5 = 0

x = -5

Next is to generate the remainder.

Substitute x = -5 into the polynomial function

P(x) = x^3 - x^2 - 17x -15

P(-5) = (-5)^3 - (-5)^2 - 17(-5) -15

P(-5) = -125-25+85-15

P(-5) = -150+70

P(-5) = -80

Hence the remainder is -80

Answer:

Qoutient=x^2+4x+3

Remainder=0

Marlene decided to buy 2 bags of apples weighting 3 1/4 pounds each, instead of buying 3 bags weighting 2 2/5 pounds each. Did she end up with more apples or fewer apples but buying bigger bags

Answers

Answer:

c onedge

Step-by-step explanation:

Answer:

c

Step-by-step explanation:

-6 - (-8) + 6 =
What is the value?

Answers

Answer:

The answer is 8

Step-by-step explanation:

use order of operations.

*remember that there is an understood -1 in -(-8). this can also be written as -1(-8)*

[tex]-6-(-8)+6\\-6+8+6\\2+6\\8[/tex]

hope this helps!

What is the value of y?

Answers

52=14x+6
-6 -6
46/14=14x/14
3.28
I’m sorry if this is a bit useless, but I think a few hints can help you.

So- all the sides of the triangle is 180 degrees, right? And you are trying to find y.

I think the first equation would be y+(x+6)+52=180

Let’s solve that.

It would be y+(x+6)= 128 is y+x=122

Then y=122-x, if you move x over to the right.

Note: If there are two variables, then there should be 2 equations to solve this questions. The first equation was the equation we just went over with, and we found what y was.

Now that we found what y was, let’s move it to our regular equation: y+(x+6)+52=180

It would become 122-x+(x+6)=180!

Let’s solve that.

122-x+x+6=180
—> 122-x+x=174
—>-x+x=52
—>0=52

Therefore, I think it is impossible to find x...in my opinion.

Even though finding x is impossible, y would be 52, because angle 52 and angle y are the same.

M/n: I never tried college math before, so you can just mentally slap me if this is wrong.

Answer: Y=52degrees

I need lots of help please help omggg

Answers

Answer:

/

Step-by-step explanation:

Answer:

expanded form: (500,000 +20,000) + (3,000 + 600 + 40)

standard form: 523,604

expanded form: (4,000,000,000 + 10,000) + (7,000 + 90) + (40 + 7)

standard form: 4,017,947

Step-by-step explanation:

Hope this helps have a nice day

plz give me brainliest :)

Find the distence between each pair points (-4,-1) (-3,3)​

Answers

Answer:

4.1231 or 4

Step-by-step explanation:

Use the distance formula. Distance= 4.1231

I need help fast! This is polynomials help

Answers

Answer:

incorrectcorrectincorrect

Step-by-step explanation:

A + B = (-4x^2 +2x -5) +(3x^2 +6) = x^2(-4+3) +x(2) +(-5+6) = -x^2 +2x +1

  The given sum is Incorrect.

__

A - C = (-4x^2 +2x -5) -(-5x -4) = -4x^2 +x(2+5) +(-5+4) = -4x^2 +7x -1

   The given difference is Correct.

__

B + C = (3x^2 +6) +(-5x -4) = 3x^2 -6x +2

  The given sum is Incorrect.

In George​'s ​school, 0.386 of the students participated in an event. If there are one thousand students in George​'s ​school, how many participated in the event​?

Answers

386 participated in the event

If f(x) = x2 + 1 and g(x) = x – 4, which value is equivalent to (f circle g) (10)?

Answers

Answer:

37

Step-by-step explanation:

Answer:

it's A

Step-by-step explanation:

on edg

what is set builder notation of[1, 3,5,39]​

Answers

Answer:

{ x : x = odd natural numbers < 41 }

Step-by-step explanation: Hope this helps!

Task #4: Waiting in Line You’re attending a concert with five friends but each of you arrived at the venue at different times. The fractions below tell how much of the distance they have already moved since they got in line. (Think about fractions as area models if you need some help!) You 3 / 4 Andrea 1/ 2 Bart 4 /5 Camden 7 /8 Drake 3/ 7 Ethan 2 /3 1. Who do you know is not going to get in the gate first? 2. How do you know? 3. Who is getting in the gate first? Who is getting in the gate last?

Answers

Step-by-step explanation:

Given data:

You = 3/4

Andrea = 1/2

Bart = 4/5

Camden = 7/8

Drake = 3/7

Ethan = 2/3

1. Drake would not be getting into the gate first because he is far behind at 3/7.

2. each fraction represents how far each have travelled Or moved on the line. Just like how you have move 3/4 on the line which represents three quarter of the line, and Andrea has moved half way through the line at 1/2.

3. Camden 7/8 would get to the get first and Drake 3/7 would get in last.

Plz help!!

Point H is the circumcenter of triangle DEF.


Which must be true? Select two options.


Point H is the center of the circle that passes through points D, E, and F.

Point H is the center of the circle that passes through points L, M, and N.

Line segment H E is-congruent-to line segment H D

Line segment L H is-congruent-to line segment N H

Line segment F L is-congruent-to line segment F N

Answers

Answer:

a & c

Step-by-step explanation:

edge

Answer:

A. Point H is the center of the circle that passes through points D, E, and F

C. HC≈HD

Determine the slope of line (AB) and the slope of line (CD). Determine whether line (AB) and line (CD) are parallel, perpendicular, or just intersecting (neither). Points A and B line on the line y = 2/3x + 4. Points C and D line on the line 6x + 4y = 16.

Answers

Answer:

The slopes are perpendicular

Step-by-step explanation:

Points A and B line on the line y = 2/3x + 4.

This line is in the form

y = mx+b where m is the slope

The slope is 2/3

Points C and D line on the line 6x + 4y = 16.

Solve for y

6x+4y = 16

4y = -6x +16

Divide by 4

4y/4 = -6/4x + 16/4

y = -3/2 x +4

The slope is -3/2

The slopes multiply to -1

2/3 * -3/2 = -1

so they are perpendicular

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