Using the Rule of 72, how long would it take for Anthony to double his investment of $5,000 in a
money market account that earns 7% per year?

Answers

Answer 1

Answer: About 10.2857 years

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

Explanation:

For the rule of 72, we divide the number 72 over the interest rate without the percent sign. We do not convert to decimal form. Simply erase the percent sign.

For example, if the interest rate was 6%, then we estimate it would take 72/6 = 12 years for the amount to double.

In this case of a 7% interest rate, the doubling time is roughly 72/7 = 10.2857 years.

-------------

Extra Notes:

The starting deposit doesn't matter, so we can ignore the "5000". The interest rate must stay the same the entire time.

Related Questions

Jon invests $4,100 into an account that pays 5 percent simple interest each year. What is the total balance in the account after 3 years?
$615.00
$3,485.00
$4,305.00
$4,715.00

Answers

what is 5% off 4,100?

once you get that number you should have it..

hi there :>

your answer is $4,715.00

have an amazing day <3

(please tell me if this is incorrect.)

There are 9 slips of paper in a hat, each with a number from 1 to 9. The numbers correspond to a group of students who must answer a question when the number of their group is drawn. Each time a number is drawn, the number is put back in the hat. What is the probability that the first five numbers drawn will be 1,2,3,4,5 in that order?

Answers

Answer:

Step-by-step explanation:

Remark

There is only 1 way that you can get 1 2 3 4 5 in that order.

There are many possibilities of drawing 5 numbers from a total of 9 possible ones.

Total number of drawing 5 numbers.

Total = 9 * 9 * 9 * 9 * 9

Total = 59049

So putting the two facts together you get

Chance of getting (1 2 3 4 5)  = 1/59049

Answer: .000016935

a number is divisible by 11 if​

Answers

Answer:

Solution : A number is divisible by 11, if the difference of sum of its digits in odd places from the right side and the sum of its digits in even places from the right side is divisible by 11. Since difference is 11 which is divisible by 11, therefore 5918 is divisible by 11.

Step-by-step explanation:

Solution : A number is divisible by 11, if the difference of sum of its digits in odd places from the right side and the sum of its digits in even places from the right side is divisible by 11. Since difference is 11 which is divisible by 11, therefore 5918 is divisible by 11.

9. The value of U.S. postage stamps increases -5% per year. The current price is 55€. Estimate what the price will be in 20 years​

Answers

[tex]\qquad \textit{Amount for Exponential Growth} \\\\ A=P(1 + r)^t\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{initial amount}\dotfill &\$0.55\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ t=years\dotfill &20\\ \end{cases} \\\\\\ A=0.55(1 + 0.05)^{20}\implies A=0.55(1.05)^{20}\implies A\approx 1.46[/tex]

Fabian has a loyalty card good for a discount his locate grocery store the item he wants to buy his price at $27 before discount and tax act a discount and before tax price is $26.19 find the percent

Answers

Answer:

3%。

Step-by-step explanation:

26•19÷27.00 =.97%

so the remains 3% is after the discount and tax.

pls simplify this will give brainly and a lot of points!!!!! 5:00min

Answers

Answer:

More details please ._.

Step-by-step explanation:

[tex] \frac{{b}^{4} }{ {a}^{2} {c}^{2} } [/tex]

explanation:

There's 4 as in the denominator which cancels out the 2 in the numerator. Thus leaving you with 2 as in the denominator. Then there's only 1 b I the denominator which is canceled out by the ones in the numerator, leaving you with only 4 b's in the numerator. Finally there is only 1 c in the numerator which is canceled out by the ones in the denominator. Thus leaving you with 2 c's in the denominator.

Find the volume of the cone.
Use 3.14 for π. Round your answer to the nearest tenth if needed. Do not enter units.

Answers

Answer:

94.2 cm³

Step-by-step explanation:

Volume of cone= ⅓πr²h

Let's identify the radius of the base and the height of the cone!

r= 3 cm

h= 10 cm

Next, substitute r= 3 and h= 10 into the volume of cone formula.

Volume of cone

= ⅓(3.14)(3²)(10)

= 94.2 cm³

You find an apartment which charges 925 a month rent. each year the rent increases by 6% a. write a sequence that represents the rent paid each year for the first 5 years.

Answers

Answer:

In the first 5 years, 138,750$ worth of rent will already have been paid.

Step-by-step explanation:

Since you have to pay 925$ a month worth of rent, in only 1 year, 5,550$ rent money will already have been payed. Now, multiply 925 x 5 x 30 = 138,750. Since the rent increases by 6% every year, in the first 5 years it would have already increased to 30%. So therefore, you would have to pay 138,750$ money worth of rent.

Is this a right triangle?

Answers

Answer:

Yes

Step-by-step explanation:
Use the Pythagorean theorem (a^2 + b^2 = c^2) to find out if the hypotenuse (20 cm) squared is equal to the sum of the other two sides when squared. This will determine if it is truly a right triangle.

[tex]12^{2} +16^{2} =20^{2}[/tex]
[tex]144 + 256 = 400[/tex]
[tex]400 = 400[/tex]

The triangle is indeed a right triangle.

pls help with math it is due soon​

Answers

Answer:

x = 25

Step-by-step explanation:

- Use trigonometric ratios to solve for x

Cos(45) = x / (25×(2^0.5))

x = (Cos(45)) × (25×(2^0.5))

x = 25

A movie theater is open x hours Monday through Thursday and y hours Friday through Sunday. Write an algebraic expression that represents the number of hours per week the theater is open

Answers

Answer: 4×+3y

Step-by-step explanation:

1. There are 4 days from Mon to Thurs. Since x hours are opened on each of the 4 days, we get 4x.

2. There are 3 days from Fri to Sun. Since y hours are opened on each of the 3 days, we get 3y.

In a week, it will just be the sum of 1 and 2, which is 4x+3y

Hello people ~
Sketch the graph for y=cot ^-1 (cot x)

Answers

Answer:

      [tex]\sf y=cot^{-1}(cot(x))[/tex]

[tex]\sf \implies cot(y)=cot(x)[/tex]

[tex]\sf \implies \dfrac{1}{tan(y)}=\dfrac{1}{tan(x)}[/tex]

[tex]\sf \implies tan(x)=tan(y)[/tex]

[tex]\sf \implies y=x[/tex]

[tex]\sf \implies y=x\pm\pi n[/tex]

Dan earns £286 over the course of a five-day week. How much is that per day?

Answers

Answer:

Answer:56.8

Step-by-step explanation:

First you get how much he earned

Then you get how much days he worked

Then you divide

£284/5

Answer: £57.20

Hope this helps you guys!

An experiment consists of rolling a die and then flipping a coin.

The following tree diagram shows the possible outcomes.


A 2-column tree diagram: die and coin. The die column has numbers 1 through 6. Each number branches to H & T in the coin column.

© 2018 StrongMind. Created using GeoGebra.


What is the probability of rolling a 6 or landing on tails?

Enter your answer as a reduced fraction, like this: 3/14

Answers

Answer:

1/3

Step-by-step explanation:

If you are trying to figure out the more likeliness of getting tails than a 6, then you have to get a common denominator and then subtract numerators.

[tex]\frac{1}{2} =\frac{6}{12} \\\\\frac{1}{6} =\frac{2}{12} \\\\\frac{6}{12} -\frac{2}{12} =\frac{4}{12} \\\\\frac{4}{12} =\frac{2}{6} =\frac{1}{3}[/tex]

Theres a 1/3 more chance of tails than rolling 6

The probability of rolling a 6 or rolling a die is 2/3.

What is Probability?

Probability is simply the possibility of getting an event. Or in other words, we are predicting the chance of getting an event.

The value of probability will be always in the range from 0 to 1.

Given that,

An experiment consists of rolling a die and then flipping a coin.

Probability = Number of desired outcomes / Total outcomes

Probability of rolling a 6 = 1/6

Probability of landing on tails = 1/2

P(A or B) = P(A) + P(B)

Here, let A represents the event of rolling 1 6 and B represents the event of landing on tails.

P(A or B) = 1/6 + 1/2 = 4/6 = 2/3

Hence the required probability is 2/3.

Learn more about Probability here :

https://brainly.com/question/30034780

#SPJ2

The table represents a linear function that shows the number of stamps y that a student collects after x months. Complete the table.

Answers

Answer:

24

Step-by-step explanation:

a linear function has the form: y = ax + b

According to the table: b = 5 and a = (43 − 5)/(2 − 0) = 38/2 = 19

Then our function is of the form: y = 19x + 5

Now ,we replace x by 1 in the function to get the missing value :

Missing value = 19(1) + 5 = 19 + 5 = 24.

Determine the equation of the parabola that opens up, has focus (−2,7), and a focal diameter of 24.

Answers

Answer:

[tex] \sf{(x + 2)}^{2} = 24(y -1) [/tex]

Step-by-step explanation:

Given:

focus(h,k)= (−2,7)

Focal Diameter (Latus rectum) = 24

To find:

Equation of parabola= ?

Solution:

Focal Diameter also known as letus rectum is the segment which passes through Focus and intersects the Axis of parabola having end point at the wall of of parabola.

Focal Diameter = 24

[tex]4p = 24 \\ p = \cancel\frac{ 24}{ 4} = 6 \\ \fbox{p = a = 6}[/tex]

Now to find the equation of parabola we need the vertex(h,v).

Vertex is a point on parabola which lies in same axis of symmetry at equidistant from the directrix and Focus and the distance is one fourth of letus rectum.

Now,

[tex] \sf \: (h,v) = (h,k-p) \\ \sf \: (h,v)= (-2,7-6) \\\sf \: \fbox{ (h,v) = (-2,1)}[/tex]

Equation of parabola

[tex]\sf{(x-h)}^{2} = 4a(y - v)[/tex]

Substituting the cordinate of vertex in above equation,

[tex] \sf{(x - (-2)}^{2} = 4 \times ( 6)(y-1 ) \\ \sf{(x + 2)}^{2} = 24(y -1)[/tex]

This is the final answer.

Thanks for joining brainly community!

Find the equation of line a and line b.

HELP PLEASE

Answers

Line a: x=-3
Line b: 1/2x -1

Answer:

Blue-y=1/2-1

Red-x=-3

Step-by-step explanation:

Select the correct answer. what makes mobile banking somewhat less secure than regular online banking? a. mobile banking apps are inherently less secure than banking programs on a computer. b. mobile devices can be lost or stolen more easily than a computer, such as a laptop. c. information entered into a mobile device can be accessed by other users on the same network. d. unlike with computers, mobile banking apps store personal financial information and share it with other apps.

Answers

The reason that makes mobile banking somewhat less secure than regular online banking is given by: Option B: Mobile devices can be lost or stolen more easily than a computer, such as a laptop.

What is mobile banking and online banking?

Mobile banking is doing transaction and bank related works through mobile apps.

Online banking refers to internet banking, usually done through websites of banks. Usually, user uses this type of banking in desktops, rather than mobiles as for mobiles, there are apps already available which are more convenient than websites.

Option A is not correct as there is almost same security for both types of banking.

Option C is not correct as this third party information access can be done for both mobile and online banking if the security is weak, else none of them will be affected.

Option D: Mostly, banking apps do not store crucial informations in memory, and if they do so,then they are protected and no other app can use it., so this option is incorrect.

Option B is somewhat correct as mobiles can be lost or stolen easily. The hacker can then use that device to steal the data if the security is weak. But, even if the security is tight, the situation when your mobile with banking information is in hands of an unethical hacker is somewhat risky.

Thus, the reason that makes mobile banking somewhat less secure than regular online banking is given by: Option B: Mobile devices can be lost or stolen more easily than a computer, such as a laptop.

Learn more about online banking versus mobile banking here:

https://brainly.com/question/14733614

PLS HELP
Ignore everything above and below the simplify question

Answers

I think it’s 1/6 or 0.16, those two are basically the same thing

Alexa can follow the sidewalk from the library to the school or she can travel across the grass
directly. Which route is longer?"
Sidewalk-78m
13m

Answers

The longer distance that Alexa can follow to the school is the sidewalk since 70m is longer than 13m.

How to calculate the distance?

From the information given, Alexa can follow the sidewalk from the library to the school or she can travel across the grass.

In this case, the distance of the sidewalk is 78m and the distance of the grass is 13m. Therefore, the longer distance is the sidewalk.

Learn more about distance on:

https://brainly.com/question/17273444

Select the reason that best supports Statement 6 in the given proof.

Answers

Answer: D. Subtraction property of equality

Step-by-step explanation:

They are subtracting 6 from both sides of the equality.

Bill has to choose between a 10% off coupon and a coupon that saves $10.00. Which of the following totals would allow Bill to save more with the $10 coupon? Answer choices:
$140 $120 $100 $80

Answers

Answer:

$80

Step-by-step explanation

(chart)

             10%         -$10

$140   $126         $130  

$120    $108        $110

$100    $90          $90

$80      $72           $70  

find a area of a circumference that is 13 ft for 3.14 π

Answers

Answer:

4.14x3.14=12.9996

Step-by-step explanation:

This is the closest to 13 ft via circumference

Here is a few equations a dn formulas to remind you.

Area=3.14xRxR or Pi*rr

This is Pi times the radius times the radius.

The radius is half of the circle or half of the Diameter.

Area(semi-circle)=1/2x3.14xrxr

Circumfrence=3.14xDor 3.14xdiameter

If this answer helped pls give brainlest.

Use 3.14 for ​ to find The radius of a circle is 1 yard. What is the circle's area?

Answers

Answer:

3.14 yards^2

Explanation:

The formula for the area of a circle is pi times the radius^2.
You have to substitute a yard into the radius.

Answer:

9.42.

Step-by-step explanation:

If you have 3.14 × 3 You would put it over as an equation.

3.14

× 3

----------

9.42 is final answer.

Calculate the perimeter of the figure shown below.
5 ft
5 ft
10 ft
18 ft

Answers

Answer:

48

Step-by-step explanation:

10+5+18+15

pls mark brainliest

Bradley bought 8 quarts of lemonade. How many cups did Bradley buy?

Answers

Answer: 32 cups

Step-by-step explanation:

1 quart: 4cups

8 x 4 : 36 cups

bradley bought 32 cups. there are 4 cups in a quart

Employee identification codes at a company contain 2 letters followed by 4 digits. Assume that all codes are equally likely. Identify the probability that an ID code does not contain the letter I.

A. 0.9246
B. 0.6567
C. 0.7493
D. 0.8321

Answers

Using it's concept, it is found that the probability that an ID code does not contain the letter I is given by:

A. 0.9246

What is a probability?

A probability is given by the number of desired outcomes divided by the number of total outcomes.

Considering that for each letter there are 26 possible outcomes and for each digit there are 10 possible outcomes, the total number of outcomes is given by:

T = 26 x 26 x 10 x 10 x 10 x 10 = 6,760,000.

Without the letter "l", the desired number is given by:

D = 25 x 25 x 10 x 10 x 10 x 10 = 6,250,000.

Hence, the probability is given by:

p = 6,250,000/6,760,000 = 0.9246.

Which means that option A is correct.

More can be learned about probabilities at https://brainly.com/question/14398287

PLEASE HELP WILL GIVE 50 POINTS to the right answer

Answers

Answer:

)-( Ï Ï'M Ä ÑËWßÏË YÖÜ ÇÄÑ WËLÇÖMË MË!!!

m∠MFE = 28°

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

Angles m∠MFE, m∠MFP, m∠PFR lies on a straight line

A straight line has total 180° angle.

→ m∠MFE + m∠MFP + m∠PFR = 180°

x + 6 + 90° + 3(x) - 4° = 180°4(x) + 92° = 180°4(x) = 180° - 92°4(x) = 88°x = 22°

Solve for m∠MFE

x + 622° + 6°28°

I NEED HELP IM STUCK ON THIS

Answers

Step-by-step explanation:

[tex]12 \frac{1}{25} - 7 \frac{2}{15} [/tex]

[tex] \frac{368}{75} [/tex]

Jina makes eight dollars for each hour of work. Write an equation to represent her total pay ‘p’ after working ‘h’ hours

Answers

Answer:

p = 8h

Step-by-step explanation:

Simple math my guy

Answer:

p=8h

Step-by-step explanation:

For each hour, she gets paid $8. So the total pay would be the number of hours multiplied by 8.

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