How long will it take for an investment of 2900 dollars to grow to 6800 dollars, if the nominal rate of interest is 4.2 percent compounded quarterly? FV = PV(1 + r/n)^ntAnswer = ____years. (Be sure to give 4 decimal places of accuracy.)

Answers

Answer 1

ANSWER :

The answer is 20.3971 years

EXPLANATION :

The compounding interest formula is :

[tex]FV=PV(1+\frac{r}{n})^{nt}[/tex]

where :

FV = future value ($6800)

PV = present value ($2900)

r = rate of interest (4.2% or 0.042)

n = number of compounding in a year (4 : compounded quarterly)

t = time in years

Using the formula above :

[tex]6800=2900(1+\frac{0.042}{4})^{4t}[/tex]

Solve for t :

[tex]\begin{gathered} \frac{6800}{2900}=(1.0105)^{4t} \\ \text{ take ln of both sides :} \\ \ln(\frac{6800}{2900})=\ln(1.0105)^{4t} \\ \operatorname{\ln}(\frac{6800}{2900})=4t\operatorname{\ln}(1.0105) \\ 4t=\frac{\ln(\frac{6800}{2900})}{\ln(1.0105)} \\ t=\frac{\ln(\frac{6800}{2900})}{4\ln(1.0105)} \\ t=20.3971 \end{gathered}[/tex]


Related Questions

The tax on a property with an assessed value of $63,000 is $550. Using a proportion, findthe tax on a property with an assessed value of $94,000. Round to two decimal places

Answers

Answer:

$820.63

Explanation:

For two different properties, we have the following:

• Assessed Value = $63,000

,

• Tax = $550

• Assessed Value = $94,000

,

• Tax = $x

Using a proportion, we have:

[tex]\begin{gathered} \frac{63,000}{94,000}=\frac{550}{x} \\ \text{Cross multiply} \\ 63,000x=94,000\times500 \\ x=\frac{94,000\times500}{63,000} \\ x=\$820.63 \end{gathered}[/tex]

The tax on a property with an assessed value of $94,000 is $820.63 (correct to 2 decimal places).

Emilia and Liam are purchasing a home. They wish to save money for 12 years and purchase a house that has a value of $200,000 which cash. If they deposit money into an account paying 4% interest, compounded monthly, how much do they need to deposit each month in order to make the purchase?

Answers

Answer:

Explanation:

Application machinist is drawing a triangular piece of an industrial machine. Write an equation and solve to find the value of x. Show your work?

Answers

Answer:

125

Step-by-step explanation:180=180-(2x+45)+x+80

2x-x=80+45

x=125

Please help me and I will give the pictures for the choices..

Answers

The first compound indequality is:

[tex]x>7\, and\, x<7[/tex]

We can view this in the real line:

There is no number that can be both greater AND less than 7, which makes the correct answer "No solution".

The second is:

[tex]x<7\, or\, x>7[/tex]

Now, we are not looking for intercetion, we are looking for the union of both. The firts inequality takes all number less than 7 and the second all that are greater than 7, so the only one that is not a solution is 7, which means the correct answer is "all real numbers except 7"

The third is:

[tex]x\ge7\, and\, x\le7[/tex]

This is the same as the first one, but now the 7 is included in both:

So, there is only 7 that can be in both indequalitys, thus the correct answer is "one solution, 7".

The fourth is

[tex]x\le7\, or\, x\ge7[/tex]

This is similar to the second, but now 7 is included, which means it is also a solution, thus the answer is "all real numbers".

HELP ASAPwrite an expression to represent:"the sum of a number b and 24"

Answers

The sum of a number 'b' and 24 can be written like this:

[tex]b+24[/tex]

Mr. Rodriguez is preparing photos for an international client. The client has requested a photo that is 20 cm by 15 cm. Mr. Rodriguez knows that the formula c = 2.54n can be used to convert n inches to c centimeters. Which formula can he use to convert centimeters to inches?

Answers

Answer: [tex]n\text{ = }\frac{c}{2.54\text{ }}\text{ \lparen option B\rparen}[/tex]

Explanation:

Given:

The formula to convert from inches to centimeters is c = 2.54n

To find:

The formula that can be used to convert from centimeters to inches

To determine the formula, we need to make n the subject of formula:

[tex]\begin{gathered} \text{c = 2.54n} \\ where\text{ c = value in cm} \\ n\text{ = value in inches} \end{gathered}[/tex][tex]\begin{gathered} To\text{ make n, the subject of formula, we will divide both sides by 2.54:} \\ \frac{c}{2.54}=\text{ }\frac{2.54n}{2.54} \\ n\text{ = }\frac{c}{2.54} \\ This\text{ means when we have a value in cm and substitute, the answer will be in inches} \end{gathered}[/tex][tex]n\text{ = }\frac{c}{2.54\text{ }}\text{ \lparen option B\rparen}[/tex]

8.5 cm 6.5 cm 2.25 cm Which measurement is closest to the surface area of the triangular prism in square centimeters?

Answers

This problem provides the faces of a triangular prism, and we need to calculate the surface area.

The surface area of the prism is equal to the sum of the area of all individual faces. Three faces are rectangles, while two are triangles.

The area of a rectangle can be found by using the following expression:

[tex]A_{rectangle}=length*width[/tex]

While the area of a triangle can be found by using the following expression:

[tex]A_{triangle}=\frac{base*height}{2}[/tex]

Two rectangles are equal, with measurements 2.25 cm by 8.5 cm, one rectangle has a measurement of 6.5 cm by 2.5 cm, and the two triangles are equal with a base equal to 6.5 cm and a height of 8.5 cm, therefore we have:

[tex]\begin{gathered} A_{rectangle}1=2.25\cdot8.5=19.125\text{ cm}\\ \\ A_{rectangle}2=6.5\cdot2.25=14.625\text{ cm}\\ \\ A_{triangle}=\frac{6.5\cdot8.5}{2}=27.625\text{ cm}\\ \\ \end{gathered}[/tex]

And the total area is:

[tex]\begin{gathered} A_{total}=2\cdot A_{rectangle}1+A_{rectangle}2+2\cdot A_{triangle} \\ A_{total}=2\cdot19.125+14.625+2\cdot27.625 \\ A_{total}=108.125\text{ square centimeters} \end{gathered}[/tex]

The surface area of the prism is approximately 108 square centimeters.

SSS
L
J
++
A) LJ=HF
LK=LG
C)
K
H
G
F
B) LJ LF or D) ZL=LH

Answers

Answer:

A. LJ≅HF

Step-by-step explanation:

Same as last time

(a + 3)-(a + 2) Please help bc im stuck :>

Answers

Answer: 1

Step-by-step explanation:

We are given (a + 3) - (a + 2)

To think of this another way, we can distribute the negative sign out into the (a + 2)

(a + 3) -(a) - (2)

Now our expresssion looks like this:

(a + 3) - a - 2

Simplifying, we get

a - a + 3 - 2

The a terms cancel leaving us with

3-2

and that equals

1

Answer:

1

Step-by-step explanation:

1. Rewrite

         : (a+3)-(a+2) = a + 3 - a - 2

2. Subtract

         : 3-2 = 1 ... so now the equation is a + 1 - a

3. Combine like terms

         : a -a = 0 (the a's cancel out) ... now you're left with 1

Since there is nothing left, your answer is 1.

graph the inequality 3x+y<4

Answers

Subsituting (0,0) in the inequality,

[tex]\begin{gathered} 3\times0+0<4 \\ 0<4 \end{gathered}[/tex]

Hence the line 3x+y=4, demarcating the plane contains the origin.

Thus, the above graph gives the required region of inequality.

Find the average value of the following numbers 87, 79, 84, 70, 90

Answers

82

Explanation

the average is calculated by dividing the sum of the values in the set by their number.

Step 1

Let

[tex]\begin{gathered} \text{set}=\lbrace87,79,84,70,90\rbrace \\ the\text{ sum of the values is=87+79+84+70+90}=410 \\ n\text{umber of values= 5} \end{gathered}[/tex]

Step 2

apply the equation

[tex]\text{Average}=\text{ }\frac{the\text{ sum of the values}}{\nu mber\text{ of values}}=\frac{410}{5}=82[/tex]

so, the answer is 82

Consider the following equation: - 6x – 8y =—2A) Write the above equation in the form y = mx + b. Enter the values of m and b in theappropriate boxes below as integers or reduced fractions in the form A/B.)Answer: y =+Preview m: ; Preview b:B) Use your answer in part (A) to find the ordered pair that lies on this line when x = – 40.Answer: (-40,Enter your answer as an integer or a reduced fraction in the form A/B.

Answers

we have the equation

-6x-8y=-2

step 1

Isolate the variable y

Adds 6x both sides

-6x-8y+6x=-2+6x

simplify

-8y=6x-2

Divide both sides by -8

-8y/8=(6x-2)/-8

y=-(6/8)x+(2/8)

simplify

y=-(3/4)x+(1/4)

therefore

m=-3/4b=1/4

Part b

For x=-40

substitute in the equation above

y=-(3/4)(-40)+(1/4)

y=30+1/4

y=121/4

therefore

the answer part b is

(-40,121/4)

Which of the following data collection methods best describes the situation below?A polling company wants to predict which candidate will win an election. Company employees randomly call 1482 likely voters and ask them how they plan to vote.a. sample surveyb. experimentc. observational studyd. correlation

Answers

Answer

Option A is correct.

Explanation

Sample survey refers to the statistic

The graph shows melting points in degrees Celsius of selected elements. Use the graph to answer the question.The melting point of a certain element is -5 times the melting point of the element C. Find the melting point of the certainelement.***The melting point of the certain element is °C.(Simplify your answer.)

Answers

The melting point of element C is 41 degrees C

The question states "The melting point of a certain element is -5 times the melting point of the element C."

Multiply the melting point of Element C by -5 to get the melting point of the certain element

-5 * 41

Solution

-205

A herd of 23 white-tailed deer is introduced to a coastal island where there had been no deer before. Their population is predicted to increase according to A=276/1+11e^(- .35t)where A is the number of deer expected in the herd after t years.(a) How many deer will be present after 3 years? Round your answer to the nearest whole number.(b) How many years will it take for the herd to grow to 50 deer? Round your answer to the nearest whole number.

Answers

Given:

[tex]A=\frac{276}{1+11e^{-0.35t}}[/tex]

Where A is the number of deer expected in the herd after t years.

We will find the following:

(a) How many deer will be present after 3 years?

So, substitute t = 3 into the given equation:

[tex]A=\frac{276}{1+11e^{-.35*3}}\approx56.9152[/tex]

Rounding to the nearest whole number

So, the answer will be A = 57

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

(b) How many years will it take for the herd to grow to 50 deer?

substitute A = 50 then solve for t

[tex]\begin{gathered} 50=\frac{276}{1+11e^{-.35t}} \\ 1+11e^{-.35t}=\frac{276}{50} \\ \\ 11e^{-.35t}=\frac{276}{50}-1=4.52 \\ e^{-.35t}=\frac{4.52}{11} \\ -0.35t=ln(\frac{4.52}{11}) \\ \\ t=\frac{ln(\frac{4.52}{11}_)}{-0.35}=2.54 \end{gathered}[/tex]

Round your answer to the nearest whole number.

So, the answer will be t = 3

Directions:For questions 12-16 simplify using the given replacement valued. There should be no decimals, convert all decimals to fractions. (Do not change whole numbers)I need help with 14

Answers

14. Given:

[tex]\frac{3}{2}r-rs+4,r=\frac{6}{7},s=\frac{2}{3}[/tex]

Substitute the value of r and s in the given problem.

We get,

[tex]\begin{gathered} \frac{3}{2}(\frac{6}{7})-(\frac{6}{7})(\frac{2}{3})+4=3(\frac{3}{7})-(\frac{2}{7})(2)+4 \\ =\frac{9}{7}-\frac{4}{7}+4 \\ =\frac{5}{7}+4 \\ =\frac{33}{7} \end{gathered}[/tex]

Hence, the answer is

[tex]\frac{33}{7}[/tex]

One factor of the polynomial x3 − 7x2 + 13x − 3 is (x − 3). What is the other factor of the polynomial? (Note: Use long or synthetic division.) A. (x2 + 4x − 1) B. (x2 − 4x + 1) C. (x − 4) D. (x + 4)

Answers

The other factor of the polynomial from what we have here is given as  x² - 4x + 1 option B is correct.

How to solve the polynomial

We are required to divide  x³ - 7x² + 13x - 3 by x -3

We have this as

     x² - 4x + 1

     -----------------

x-3 | x³ - 7x² + 13x - 3

we would have

        x³ - 3x²

subtract this value by the one that we have above

then we would have

                   -4x² + 13x

                   -4x² + 12x

subtract these values from each other to get the value below.

                               x - 3

Hence the solution to the polynomial would be    x² - 4x + 1.

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Can you help me with question number 4 and double check all my other work. (I don’t really understand functions.)

Answers

SOLUTION

The relation is a function because each x-value has a unique y-value. That is each domain has only one image. Therefore, the relation is a function

WXYZ is a kite. Use the figure below to fill in the blanks below.

Answers

We can assume the kite is simetrycal along line WY, as such

[tex]ZW=XW=10[/tex][tex]m\angle\text{XSW}=90[/tex]

because the diagonals of a kite are perpendicular.

Since m∠XSW is 90°, triangle WSX is a right triangle. Thus

[tex]m\angle WXZ=m\angle WXS=180-90-46=44[/tex]

By the symmetry we discussed earlier,

[tex]m\angle WYZ=m\angle WYX=18[/tex]

And finally

[tex]m\angle XYZ=m\angle WYZ+m\angle WYX=18+18=36[/tex]

May someone please help me solve this and explain? thanks:)

Answers

Given:

Mean,

[tex]\mu=46[/tex]

Standard deviation,

[tex]\sigma=7[/tex]

To find: The indicated values

Explanation:

The values are calculated as follows,

[tex]\begin{gathered} \mu-3\sigma=46-3(7) \\ =46-21 \\ =25 \\ \mu-2\sigma=46-2(7) \\ =46-14 \\ =32 \\ \mu-\sigma=46-7 \\ =39 \\ \mu=46 \\ \mu+\sigma=46+7 \\ =53 \\ \mu+2\sigma=46+2(7) \\ =46+14 \\ =60 \\ \mu+3\sigma=46+3(7) \\ =46+21 \\ =67 \end{gathered}[/tex]

Final answer: The values are,

[tex]\begin{gathered} \mu-3\sigma=25 \\ \mu-2\sigma=32 \\ \mu-\sigma=39 \\ \mu=46 \\ \mu+\sigma=53 \\ \mu+2\sigma=60 \\ \mu+3\sigma=67 \end{gathered}[/tex]

G(x) = 1/x^10 g’(x)=

Answers

Differentiation - The value of g'(x) = [tex]\frac{1}{10}x^{-9}[/tex].


What is a differentiation?

Apart from integration, differentiation is among the two key ideas in calculus. A technique for determining a function's derivative is differentiation. Mathematicians use a process called differentiation to determine a function's instantaneous rate of change predicated on one of its variables. The most typical illustration is velocity, which is the rate at which a distance changes in relation to time. Finding an antiderivative is the opposite of differentiation. The rate of change of signal with respect to y has been given by dy/dx if x and y are two variables. The general representation of a function's derivative is given by the equation f'(x) = dy/dx, where y = f(x) is any function.

Given that,

G(x) = [tex]\frac{1}{x^{10} }[/tex]

g’(x)=?

g’(x) is the derivative of g(x).

The derivative of [tex]x^{n} = nx^(n-1)[/tex]

[tex]x^{10} = 10x^(10-1)[/tex]

[tex]x^{10}= 10x^9[/tex]

Then,

[tex]\frac{1}{x^{10} }[/tex] = [tex]\frac{1}{10}x^{-9}[/tex]

Hence, The derivative of g(x) is [tex]\frac{1}{x^{10} }[/tex] = [tex]\frac{1}{10}x^{-9}[/tex].


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The width of a rectangle is [tex] \frac{3}{4} [/tex] its length. The perimeter of the rectangle is 420 ft. What is the length, in feet, of the rectangle?

Answers

The width of a rectangle is 3/4 its length.

[tex]w=\frac{3}{4}l[/tex]

The perimeter of the rectangle is 420 ft.

Recall that the perimeter of a rectangle is given by

[tex]P=2(w+l)[/tex]

Let us substitute the value of the given perimeter and the width

[tex]\begin{gathered} P=2(w+l) \\ 420=2(\frac{3}{4}l+l) \end{gathered}[/tex]

Now simplify and solve for length

[tex]\begin{gathered} 420=2(\frac{3}{4}l+l) \\ 420=\frac{3}{2}l+2l \\ 420=3.5l \\ l=\frac{420}{3.5} \\ l=120\: ft \end{gathered}[/tex]

Therefore, the length of the rectangle is 120 feet.

In 2019, the USDA reported that acreage for wheat was approximately 45.6 million acres;this is down 5% from 2018. Which of the following can you conclude?a) The 2018 wheat acreage was 47.88 million acres.b) The 2018 wheat acreage was 48.0 million acres.c) The 2019 wheat acreage was 43.43 million acres.d) The 2019 wheat acreage was 43.32 million acres.

Answers

Given that the USDA reported the acreage for wheat in 2019 was approximately 45.6 million acres; and was down 5% from 2018. We were asked to pick an option that would represent the right conclusion to the given statement.

To do this, we would assume that the acreage for wheat in 20 18 is x. Since 2018 differs from 2019 by 5%

This implies that the representation of 2019 acreage would be;

[tex]100\text{\%-5\%=95\%}[/tex]

Therefore, we can have

[tex]\begin{gathered} \frac{95}{100}\times x=45.6 \\ \text{Cross multiply} \\ 95x=45.6\times100 \\ \text{Divide both sides by 95} \\ \frac{95x}{95}=\frac{45.6\times100}{95} \\ x=48 \end{gathered}[/tex]

Therefore the 2018 acreage was;

Answer: Option B

33. Let f(x) = 5x2 - 4 and g(x) = 3x + 1. Find f(x) + g(x):

Answers

The addition of f(x) and g(x) is derived as follows;

5x^2 - 4 + (3x + 1)

5x^2 - 4 + 3x + 1

5x^2 + 3x - 4 + 1

5x^2 +3x -3

The correct answer is option D

Write an equivalent expression to the following expression: (5^2)7

Answers

Here, we want to write an equivalent expression

To do this, we use one of the laws of indices

The law is as follows;

Select the correct answer. Angela is driving across the state to her friend's house. She just filled her fuel tank to its maximum capacity of 26 gallons. If the amount of gas in her car decreases by 2 gallons every 48 miles, which of the following graphs best represents the number of gallons of fuel remaining?

Answers

Let L be the amount of gas Angela has at distance d. At d=0 she has 26, and we know that every 48 miles the gas decreases 2 gallons, so the rate of decrease of gas per mile is

[tex]\frac{2\text{ }}{48}=\frac{1}{24}[/tex]

Then, the linear equation that models this problem is

[tex]L=-\frac{1}{24}d+26[/tex]

(I used the minus sign since the amount decreases).

The gas will run out of gas whe she has driven

[tex]\begin{gathered} 0=-\frac{1}{24}d+26 \\ \frac{1}{24}d=26 \\ d=624\text{ miles} \end{gathered}[/tex]

Then the graph that best fits the model is number Z. And the answer is D.

What is the probability that a random selected yard will have fewer than 6 trees

Answers

Based on the given histogram on yards and the number of trees they have, the probability that a random selected yard will have fewer than 6 trees is 60%

How to find the probability?

The probability that in a random yard, the number of trees would be less than 6 trees can be found by the formula:

= Proportion of yards with 0 - 2 trees + Proportion of yards with 2 - 4 trees + Proportion of yards with 4 - 6 trees

The probability that a random yard would have fewer than six trees is therefore:

= 0.35 + 0.20 + 0.05

= 0.60

= 60%

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Find the distance between the two points.(-3,2)10,0)✓ [?]Enter the number thatgoes beneath theradical symbolEnter

Answers

The distance between two points on a coordinate grid can be calculated as follows;

[tex]\begin{gathered} d^2=(x_2-x_1)^2+(y_2-y_1)^2 \\ \text{The given points are} \\ (-3,2) \\ (0,0) \\ d^2=(0-\lbrack-3\rbrack)^2+(0-2)^2 \\ d^2=(0+3)^2+(-2)^2 \\ d^2=3^2+(-2)^2 \\ d^2=9+4 \\ d^2=13 \\ d=\sqrt[]{13} \end{gathered}[/tex]

The number that goes beneath the radical symbol is 13, that means the answer is square root 13.

Geometric mean of36 and 21

Answers

Answer:

The Geometric Mean is:

[tex]6\sqrt[]{21}[/tex]

Explanation:

Given 36 and 21, the Geometric Mean is given as:

[tex]\begin{gathered} m=\sqrt[]{36\times21} \\ =\sqrt[]{6^2\times21} \\ =6\sqrt[]{21} \end{gathered}[/tex]

Prove that if 3/5 x = 9 then x = -15
Given: 3/5 x = 9
Prove: x = -15

Answers

There is no proof because X ≠ -15 when 3/5 x = 9

What is multiplication?

Multiplication is defined as one of the basic arithmetic operations that is used for the repeated addition of similar figures together.

From the given expression,

3/5x = 9

But X= -15

Substitute X = -15 into the given expression;

That is,

3/5 * -15 = 9

-45/5= 9

-9 = 9

Therefore, there is no proof that in the expression 3/5 x = 9, X ≠ -15 because the final answer is -9 and not ,9.

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