You deposit $2500 into an account that pays
3.5% annual interest compounded daily. How long will it take for the
balance to reach $3000

Answers

Answer 1

now, this is assuming there are 365 days in 1 year, so

[tex]~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\dotfill &\$3000\\ P=\textit{original amount deposited}\dotfill &\$2500\\ r=rate\to 3.5\%\to \frac{3.5}{100}\dotfill &0.035\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{daily, thus 365} \end{array}\dotfill &365\\ t=years \end{cases}[/tex]

[tex]3000=2500\left(1+\frac{0.035}{365}\right)^{365\cdot t}\implies \cfrac{3000}{2500}=\left(1+\frac{0.035}{365}\right)^{365t} \\\\\\ \cfrac{6}{5}=\left(1+\frac{0.035}{365}\right)^{365t}\implies \cfrac{6}{5}=\left(\cfrac{73007}{73000}\right)^{365t}[/tex]

[tex]\log\left( \cfrac{6}{5} \right)=\log\left[ \left(\cfrac{73007}{73000}\right)^{365t} \right]\implies \log\left( \cfrac{6}{5} \right)=t\log\left[ \left(\cfrac{73007}{73000}\right)^{365} \right] \\\\\\ \cfrac{~~ \log\left( \frac{6}{5} \right)~~}{\log\left[ \left(\frac{73007}{73000}\right)^{365} \right]}=t\implies 5.21\approx t\qquad \textit{about 5 years, 2 months and a half}[/tex]


Related Questions

The measures of the bases of a trapezoid are 14 and 20. What is the measure of the median of the trapezoid?

Answers

The median of the trapezoid is = 17

calculation of the median of a trapezoid

A trapezoid is a quadrilateral with one pair of opposite sides parallel. It has parallel sides which are known as the bases.

The base of the trapezoid(B1) =14

The base of the trapezoid (B2) = 20

To calculate the median = half the sum of the base of the trapezoid given.

Therefore,

14+20/2

34/2= 17

Therefore, the median of the trapezoid is = 17

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Im so desperate
ms. davis sold $309.00 of books. at the end of the day, she earned $27.81 in commission for those sales. what is ms. davis' commission rate?​

question 8 options:

11%


9%


3.4%


2.81%

Answers

so Ms. Davis gets hmmm say "x" percent from sales as her commission, and we know she did in sales $309 and made $27.81.

if we take 309 to be the 100%, and x% of that is 27.81, what's "x"?

[tex]\begin{array}{ccll} amount&\%\\ \cline{1-2} 309 & 100\\ 27.81& x \end{array} \implies \cfrac{309}{27.81}=\cfrac{100}{x} \\\\\\ 309x=2781\implies x=\cfrac{2781}{309}\implies x=9[/tex]

What is the length of a car if the length on the scale madel car is 17 cm and the scale is 2 cm : 50 cm?

Answers

Answer:

x= 425

Step-by-step explanation:

which equation shows how to find P the total amount of Alex's paycheck​

Answers

Answer:

it's the last one, and the missing number is 70 (the P)

The expression that represents this scenario is 35/p = 70/100.

What is a numerical expression?

A numerical expression is a mathematical statement written in the form of numbers and unknown variables. We can form numerical expressions from statements.

Given, Alex has 70% of her weekly paycheck automatically deposited into a savings account.

This week $35  is deposited,

∴ The expression that represents this situation is 35/p = 70/100.

learn more about numerical expressions here :

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#SPJ2

What is the area of this figure?
18 ft
3 ft
15 ft
12 ft
9 ft
3 ft
square feet
Submit

Answers

Answer: Times it

Step-by-step explanation:

Answer:

90 square feet

Step-by-step explanation:

area of this figure = area of 1 rectangle + area of 2nd rectangle

= L×B + l × b

= 18 × 3 + 12 × 3

= 54 + 36

= 90 feet²

Given P(A) = 0.55, P(B) = 0.42 and P(AUB) = 0.639, find the value of
P(An B), rounding to the nearest thousandth, if necessary.

Answers

Answer:

The probability of A and B, denoted as P(A ∩ B) is equal to 0.331.

Step-by-step explanation:

Recall our formula for the probability of A or B:

P(A ∪ B) = P(A) + P(B) - P(A ∩ B)

We are given are variables already, which we can once again define:

P(A) = 0.55P(B) = 0.42P(A ∪ B) = 0.639

To find P(A ∩ B), we start by plugging in the values into our formula:

0.639 = 0.55 + 0.42 - P(A ∩ B)

We can add the RHS of the equation:

0.639 = 0.97 - P(A ∩ B)

Subtracting 0.97 on both sides, we get closer to our answer:

-0.331 = -P(A ∩ B)

To obtain our final answer, we can simply just divide both sides by -1:

0.331 = P(A ∩ B)P(A ∩ B) = 0.331

Therefore, the probability of A and B is equal to 0.331.

prove it equals 1
(Tanx - Cotx) + Sinx.Cosx

Answers

Step-by-step explanation:

(sinx/cosx - cosx/sinx) + sinxcosx

sin²x - cos²x = 1

I can't prove

I only know sin²x + cos²x = 1 : )

Show that the sum of the first 2n natural numbers is n(2n+1)

Not really sure if there’s a typo in my book or not

Answers

Answer:

This sum is the sum of an arithmetic sequence.  There is a formula for the sum of an arithmetic sequence which can be looked up or derived by a variety of means.

A nice approach for this sequence is the following.  Notice  that the sum of first and last number in the sequence is the same as the sum of the second and second last, and also the same as the sum of the third and third last, and so on.

There are n of these pairs.  So the desired sum is n x (first number + last number).   But the first number is 1 and the last on is 2n.   Thus the desired sum is n(1 + 2n).

Hope this helps!!

Mark Brainleast!!!!!!!!!!!

Consider the set {1, 2, 3, 4, ..., m} where m is some natural number, i.e. a positive whole number.

Now let's say we wanted to add everything in that set.

What we can do is write out the terms

1, 2, 3, 4, ..., m

then just underneath, we write the reverse of that set

m, ..., 4, 3, 2, 1

Here's an example of what I mean. I'll use m = 7

[tex]\begin{array}{|c|c|c|c|c|c|c|} \cline{1-7}1 & 2 & 3 & 4 & 5 & 6 & 7\\\cline{1-7}7 & 6 & 5 & 4 & 3 & 2 & 1\\\cline{1-7}\end{array}[/tex]

For each column, add straight down

The third row will be nothing but 8's

[tex]\begin{array}{|c|c|c|c|c|c|c|} \cline{1-7}1 & 2 & 3 & 4 & 5 & 6 & 7\\\cline{1-7}7 & 6 & 5 & 4 & 3 & 2 & 1\\\cline{1-7}8 & 8 & 8 & 8 & 8 & 8 & 8\\\cline{1-7}\end{array}[/tex]

We can see there are seven copies of '8' being added here, so the sum of all the numbers in the set {1,2,3,4,5,6,7} is 8*7 = 56. But wait, we double-counted each item when we formed the second row. So we must divide by 2 to fix the double-counting error.

Therefore, 1+2+3+4+5+6+7 = 56/2 = 28 instead.

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

That previous example showed that adding from 1 to 7 means we have 7 copies of (1+7). In other words, 7 copies of 8 being added.

We could write that as 7(1+7)

Then divide that by 2 to fix the double-counting error.

We have 7(1+7)/2

Now imagine that we applied all of what was mentioned to the set {1,2,3,4,5,6,7,8}. Instead of 7's, we use 8's this time to get 8(1+8)/2

Then we can extend it out to the set {1,2,3,4,..., m} and we get the formula m(1+m)/2

We have m copies of (1+m) being added; hence the m(1+m). Don't forget to divide by 2 to fix the double-counting error.

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

The key takeaway here is that summing 1+2+3+4+...+m gets us m(1+m)/2

In this case, m = 2n because we want the first 2n natural numbers.

Therefore,

m(1+m)/2

2n(1+2n)/2

n(1+2n)

n(2n+1)

represents the sum 1+2+3+...+n+...+2n

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

Try out a value like n = 5 to find that 2n = 2*5 = 10, and,

1+2+3+4+5+6+7+8+9+10 = 55

also

n(2n+1) = 5(2*5+1) = 5*(11) = 55

Showing that the formula works for n = 5. I'll let you try other values of n.

Please Help !!! The figure below is made of 2 rectangular prisms.

Answers

Answer:

124

Step-by-step explanation:

4*5*3

+

2*4*8

=124

Formula for volume of a rectangular prism is base x height.

Q: Ribbon cost $1.44 for 3 m.
(1) What is the cost per meter?
(2) How much would 5 m of ribbon cost?
(3) How much ribbon could you buy for $12?

Answers

Answer:

1.44 divided by 3m will give $0.48/5 times 0.48 gives 2.412 times three divided by 1.44 gives$.25

Pleas help me with this and fast!

Select the two correct answers.
A number sentence with a missing digit is shown.

12._8 > 12.5

Which two numbers could be the missing digit?
2
6
9
4
0

Answers

Answer:

6 and 9

Step-by-step explanation:

Because if 6 is substituted,

12.68 > 12.5 (correct!)

And if 9 is substituted,

12.98 > 12.5 (correct!)

The soccer players were required to run 6 more laps per day than the tennis players for five straight days. If the soccer players ran 45 laps total during these days, how many laps did the tennis players run each day?

Answers

Answer:

3 laps per day

Step-by-step explanation:

Divide 45 laps by 5 days to get how many laps they ran per day

45/5 = 9 laps per day

The tennis players run 6 less laps per day than the soccer players so subtract 6 laps from 9 laps to get their daily laps

6-9 = 3 laps per day

Please Help!!! Will Mark Brainliest!

Answers

Step-by-step explanation:

from my side it's blury, try to send it again

express the following rational algebraic expression to its simple form.show your solution​

1. 25 ׳y³/ 75 ×⁴y⁴​

Answers

express the following rational algebraic expression to its simple form.show your solution

1. 25 ׳y³/ 75 ×⁴y⁴

Answer

1/3×y

Help me with this please

Answers

Answer:

B

Step-by-step explanation:

its b bc its inclusive and rhe others font make much sense

Find the volume of a cone that has a diameter of 14 feet and a height of 11 feet. Use 3.14 for pi

Answers

Answer:

564.15 cubic ft

[tex] \: [/tex]

Step-by-step explanation:

In the question, it is given that a cone has a diameter of 14 feet and a height of 11 feet and we have to find the volume of the cone.

[tex] \: [/tex]

To Find the volume of the cone, we must know this formula :

[tex] \\{\longrightarrow{ \qquad{\underline{\boxed {\pmb{\frak { Volume_{(cone) }= \dfrac{1}{3} \: \pi {r}^{2}h }}}}}}} \\ \\[/tex]

Where,

r refers to the radius of the cone. As the diameter is 14 ft, therefore the radius will 7 ft.

h refers to the height of the cone.

Now, we will substitute the values in the formula :

[tex] \\ {\longrightarrow{ \qquad{{ {\pmb{\sf { Volume_{(cone) }= \dfrac{1}{3} \times 3.14 \times {(7)}^{2} \times 11 }}}}}}} \\ \\[/tex]

[tex]{\longrightarrow{ \qquad{{ {\pmb{\sf { Volume_{(cone) }= \dfrac{1}{3} \times 3.14 \times 49 \times 11 }}}}}}} \\ \\[/tex]

[tex]{\longrightarrow{ \qquad{{ {\pmb{\sf { Volume_{(cone) }= \dfrac{1}{3} \times 3.14 \times 539 }}}}}}} \\ \\[/tex]

[tex]{\longrightarrow{ \qquad{{ {\pmb{\sf { Volume_{(cone) }= \dfrac{1}{3} \times 1692.46 }}}}}}} \\ \\[/tex]

[tex]{\longrightarrow{ \qquad{{ {\pmb{\sf { Volume_{(cone) }= \dfrac{1692.46}{3} }}}}}}} \\ \\[/tex]

[tex]{\longrightarrow{ \qquad{{ {\pmb{\sf { Volume_{(cone) }= \: \: \underline{ \boxed{ \frak{564.15 } }} }}}}}}} \: \: \bigstar \\ \\[/tex]

Therefore,

The volume of the cone is 564.15 ft³ .

Step-by-step explanation:

Given :-

Height of cone :- 11 feet Diameter of cone :- 14 feet , radius = 7 feet

To Find :-

Volume of cone

Solution:-

Formula for volume of cone = 1/3πr²h

putting the known values ,

Volume = 1/3×3.14×7²×11 cubic ft.

Volume = 564.15 cubic ft.

Abebi surveyed how many miles the students in her Algebra 1 class travel to get to school, and ended up with the following set of data: 4.75, 2.25, 3, 3.5, 1.75, 2.25, 1.5, 5, 4.5, 2.25, 2, 3, 2.65, 4.8, 3.5\

Match the measures of central tendency to the correct values.

Hint:

MEAN = Sum of the data/# of data values

MEDIAN = middle data value when values are listed least to greatest

MODE = value appearing the most times

RANGE = difference between the largest and smallest values

Answers

Answer:

Mean: 3.1

Median: 3

Mode: 2.25 appears 3 times

Range: 5 - 1.5 = 3.5

Mean = (4.75+2.25+3+3.5+1.75+2.25+1.5+5+4.5+2.25+2+3+2.65+4.8+3.5)/16

= 3.56625

Median = 3.50

Mode = 2.25

Range = 9.10

i need help with #7 c and d

Answers

Answer:

  c. 33.0%

  d. 14.5%

Step-by-step explanation:

For answering questions about percentages in different categories or combinations of categories, it is convenient to find the totals of rows and columns in the table. These totals are shown in the attached.

__

c.

Students who surf total 32+65 = 97. Of those, 32 also skateboard. The requested percentage is ...

  32/97 × 100% ≈ 33.0% . . . . surfers who also skateboard

__

d.

The total number of students is 166. Of those, the number who neither surf nor skateboard is 24. That percentage is ...

  24/166 × 100% ≈ 14.5% . . . . students who don't surf or skateboard

_____

Additional comment

a. 97/166 ≈ 58.4% surf

b. 89/166 ≈ 53.6% do not skateboard

__

This sort of table is called a "two-way table." One set of categories is represented in rows, another set is represented in columns. This table is filled with frequencies. Such tables can also display relative frequencies by dividing the entire table by the total of totals in the lower right corner.

(100 POINTS AND BRAINLIEST) Please use the answers that are given. Using the following data, calculate the mean absolute deviation
What is the mean absolute deviation for these data?
A: 9
B: 5.4
C: 5
D: 2.6

Answers

Answer:

There isn't any data, maybe you could put the rest of the question in the comment area.

Should you use Sine, Cosine, or Tangent to solve the following problem?

Answers

Answer:

sine

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

A ship travels 40 miles due east, then adjusts its course 12° southward. After traveling 70 miles in that direction, how far is the
ship from its point of departure?

Answers

The ship movement is an illustration of distance and bearing

The ship is 31.97 miles from its point of departure

The distance from the point of departure?

The given parameters are:

Distance east = 40 miliesDistance southwards = 70 milesAngle = 12 degrees

See attachment for the image of the above parameters

The distance (x) from the point of departure is then calculated using the following cosine function

a^2 = b^2 + c^2 - 2bc * cos(Ф)

So, we have:

x^2 = 40^2 + 70^2 - 2 * 40 * 70 * cos(12)

Evaluate the exponent and the product

x^2 = 6500 - 5477.63

Evaluate the difference

x^2 = 1022.37

Evaluate the exponent

x = 31.97

Hence, the ship is 31.97 miles from its point of departure

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Factor 5x^2−14x+8.
PLS HELP IM STUCK

Answers

[tex]5x^2-14x+8\\\\=5x^2-10x-4x +8\\\\=5x(x-2) -4(x-2)\\\\=(x-2)(5x-4)[/tex]

Hi can someone plss help me with these 2 questions. Im really struggling with them.

Answers

Trees are important to one's health as they produce oxygen and reduce climate change. Also, bees pollinate our crops leading to more crop production and increase in revenue.

What is health?

It should be noted that health simply means the state of being free from illness or diseases.

In this case, trees are important for one's health as they help in the production of oxygen which are needed by human beings. Bees are also important for the generation of higher profits though the pollination of crops which leads to increase in crop production.

Learn more about health on:

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50 7 x + 22 x=?
Please help

Answers

x= 4

both of the angles are the same degrees so you figure out the difference between 50 and 22 and take that divided by 7 to get x

50-22

28/7

=4

PLEASE HELP WILL GIVE BRAINLIEST!!!!​

Answers

Answer:

Its The 3rd one you are correct in picture

Step-by-step explanation:

A can of nacho cheese has a radius of 8 inches and a height of 4 inches. a can of
jalapeños has a radius of 4 inches. what is the height of the jalapeño can if both
cylinders have the same volume? (show your work.)
(hint: start by finding the exact volume of the nacho cheese can.)

Answers

Answer:

8 inches

Step-by-step explanation:

Nacho cheese

v= Pi×radius×2×height

v = 3.14×8×2×4 = 200.96

jalapeño

3.14×4×2=25.12

200.96÷25.12=8

the height is 8

to check your work you can do

(multiply by 8 and see if it equals 200.96)

3.14×4×2×8 = 200.96

since the volume is the same as the volume for nacho cheese we can say that 8 inches for height is correct

Find the equation of the line.
Use exact numbers PLEASEEE

y = ___ x+ ___

Answers

Step-by-step explanation:

[tex]y = \frac{3}{4} x - 2[/tex]

is the required equation

I hope it helped you

Answer:

y = [tex]\frac{3}{4} x-2[/tex]

Step-by-step explanation:

y = mx + c

m = gradient= [tex]\frac{-5-(-2)}{-4-0}[/tex]= [tex]\frac{3}{4}[/tex]

c = y-intercept = -2

What is the measure of each angle in the circle?

40°
60°
45°
36°

Answers

Answer:

i think it would be 45

hope im right

if not i can change it

Step-by-step explanation:

Answer:

45°

Step-by-step explanation:

The circle is divided into 8 equal arcs, each arc measuring an angle of:

360/8 = 45°

Hope this helps

Abby and her mom are driving on a road trip, and Abby is watching the milepost signs go by. Each hour she writes down which mile marker they pass and records her results in the table given. HoursMilepost162262 plus 50 equals 1123112 plus 50 equals 1624162 plus 50 equals 212 Question If Abby wants to write an equation to find the milepost they will pass, y, after driving for x hours, which type of equation would be ,begin emphasis, most

Answers

Considering that the mile counter increases by 50 every hour, a linear function should be empathized.

What is a linear function?

A linear function is modeled by:

y = mx + b

In which:

m is the slope, which is the rate of change, that is, by how much y changes when x changes by 1.b is the y-intercept, which is the value of y when x = 0, and can also be interpreted as the initial value of the function.

In this problem, they start at mile 62, and the counter increases by 50 every hour, which is a fixed amount, hence a linear function should be used.

More can be learned about linear functions at https://brainly.com/question/24808124

Find the length of the third side. If necessary, round to the nearest tenth

Answers

Answer:

9.21954445729

Step-by-step explanation:

A^2 + B^2 = C^2

7^2 = 6^2 = 85

The square root of 85 is...

9.21954445729

pythagorean theorem will solve this.

6^2+7^2
36+49
85=x^2
x=9.2
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