Joseph invested $6,700 in an account paying an interest rate of 5.2% compounded quarterly. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $13,950?

Answers

Answer 1

Answer:

Step-by-step explanation:

A=P(1+r/c)^(ct), where a is final value, P is the initial value or principle, r is the interest rate, and c is the number of compounding periods in a year.

ln(A/P)/ln(1+r/c)=ct so

t =(ln(A/P)/(cln(1+r/c)), given A=13950, P=6700, r=0.052, c=4

t=(ln(13950/6700))/(4ln(1.013))

t=14 years

Answer 2

Answer:

14  

Step-by-step explanation:


Related Questions

If bananas are $0.50 each, how much would it cost for 7 bananas?

Answers

Answer:

Step-by-step explanation:

total cost = unit cost times number purchased:

total cost = ($0.50/banana)(7 bananas) = $3.50 for 7 bananas

Answer: $3.50

Step-by-step explanation:

Solve the answer for n
4/5 = n/3

Answers

Answer:

2.4

Step-by-step explanation:

4/5 = n/3

Cross multiple

4*3 = n *5

12= 5n

12/5 = 5n/5

n= 2.4

Can you prove these similar triangle step by step?

Answers

Answer:

If an angle of one triangle is congruent to the corresponding angle of another triangle and the lengths of the sides including these angles are in proportion, the triangles are similar. the remaining sets of angles will be congruent and the remaining corresponding sides will be in proportion.

hopes this helps

Step-by-step explanation:


[tex] \frac{ \sqrt{40} }{ \sqrt{3} } [/tex]

Answers

Answer:

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{2\sqrt{30} }{ 3 }[/tex]

Step-by-step explanation:

Given

[tex]\frac{ \sqrt{40} }{ \sqrt{3} }[/tex]

Required

Simplify

[tex]\frac{ \sqrt{40} }{ \sqrt{3} }[/tex]

Rationalize:

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ \sqrt{40} }{ \sqrt{3} }*\frac{ \sqrt{3} }{ \sqrt{3} }[/tex]

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ \sqrt{40*3} }{ \sqrt{3*3} }[/tex]

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ \sqrt{120} }{ \sqrt{9} }[/tex]

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ \sqrt{120} }{ 3 }[/tex]

Expand the numerator

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ \sqrt{4*30} }{ 3 }[/tex]

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ \sqrt{4}*\sqrt{30} }{ 3 }[/tex]

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{ 2*\sqrt{30} }{ 3 }[/tex]

[tex]\frac{ \sqrt{40} }{ \sqrt{3} } =\frac{2\sqrt{30} }{ 3 }[/tex]

21 divided by 4,857 with remainder

Answers

The answer is 231 R6

what is estimate the product of 19.8 and 5 by grounding each factor to nearest whole number ​

Answers

Given:

The two numbers are 19.8 and 5.

To find:

The estimated product of given numbers by rounding each factor to nearest whole number.

Solution:

Two number are 19.8 and 5.

On rounding the given numbers to the nearest whole number, we get 20 and 5.

Now, the estimated product is

[tex]20\times 5=100[/tex]

Therefore, the estimated product of given numbers is 100.

Noah bought 3 cans of paint and 1/2 of a pint of special paint additive formulated to reduce mildew. Before painting his house, he divided the additive equally among the 3 cans of paint. How much additive did he put in each can?

Answers

Step-by-step explanation:

Amount of additive in each can

= Total amount of additive / Number of cans

= (1/2 of a pint) / (3)

= 1/6 of a pint.

Noah put 1/6 of a pint of additive in each can.


[tex]53 \times \frac{8}{6} [/tex]
i dont know how to do it can u show me​

Answers

Answer:

What do you want your answer in? Exact or decimal form?

Exact form: 212/3

Decimal form 70.6

Step-by-step explanation:

Cancel the common factor of 8 and 6 for 53 * 4/3. Multiply 53(4/3), 212/3. This would be the answer for the exact form, decimal form is created by dividing 212 by 3, for 70.66666--.

53x8
____

1x6


Do that and ur answer

Which sign makes the statement true? 1 ​

Answers

The sign that makes the statement true is < (less than): 1/3 < 2/3.

What is inequality?

In mathematics, an inequality is a mathematical expression that shows the relationship between two values or quantities, usually indicating which value is greater than, less than, or equal to the other. Inequalities are represented by the symbols < (less than), > (greater than), ≤ (less than or equal to), or ≥ (greater than or equal to). For example, x < y means x is less than y, and x ≥ y means x is greater than or equal to y. Inequalities can also involve variables, and can be solved to find the range of values that make the inequality true.

Here,

The statement 1/3 < 2/3 means that the value of 1/3 is less than the value of 2/3. In other words, when we compare the two fractions, we find that 2/3 is larger than 1/3.

To understand this better, we can think of a whole object (e.g. a pizza) that we want to divide into three equal parts. If we take only one of those parts, that would be represented by the fraction 1/3. On the other hand, if we take two of those equal parts, that would be represented by the fraction 2/3. Therefore, 2/3 is a larger fraction than 1/3, which is why the sign < (less than) makes the statement true.

To know more about inequality,

https://brainly.com/question/30238773

#SPJ1

1) An item has a regular price of x dollars. It is being sold at a 40% discount. Write two
expressions that could be used to determine the sale price.

Answers

Answer:

Step-by-step explanation:

Your answer

Price = x dollar. Discount = 40%

Discount price is 0.4x

Net price = x-0.4x= 0.6x

Mark it as Brainlist answer. Follow me.

I need help ASAP will mark you the brainliest

Answers

Answer:

The similarity is they are using tools to help them make the lines, but the differences are they are using different tools to make different lines. While 1 of the tools is similar to the other

Step-by-step explanation:

Whats the y-intercept of the line x + 6y = -18

Answers

Answer:

18

Step-by-step explanation:

Answer:

it's −3

Step-by-step explanation:

Write 45.21% as a decimal

Answers

Answer:

.4521

Step-by-step explanation:

when converting a percentage to a decimal you have to move the decimal point over two times to the left. do if you have 100% you moved the decimal point over two and get 1.00

Answer:

0.4521

Step-by-step explanation:

Instead, you can simply multiply a number by 45.21 as a decimal to get the answer.

45.21 percent means 45.21 per hundred. Therefore, to get 45.21 as a decimal, all you have to do is divide 45.21 by 100 like so:

45.21 ÷ 100 = 0.4521

Shortcut: When you divide anything by 100, just move the decimal point two places to the left.

Normally, to calculate 45.21 percent, you would multiply a number by 45.21 percent and then you would take the product of that and divide it by 100 to get the answer.

(hope this helps can i plz have brainlist :D hehe)

a. A 5in radius ball is in a
box such that all six sides of
the box are touching the ball.
What percent of the space in
the box is being taken up by
the ball?

Answers

Answer:

52.33%

Step-by-step explanation:

Since, all six sides of the box are touching the ball.

So, all the three dimensions of the box are equal.

Hence, it is a cubical box.

Side length of the box (l)

= diameter of the ball

= 2*radius of the ball

= 2*5

= 10 In.

[tex] V_{ball} = \frac{4}{3} \pi r^3 [/tex]

[tex] V_{ball} = \frac{4}{3} \times 3.14(5)^3 [/tex]

[tex] V_{ball} = \frac{4}{3} \times 3.14\times 125 [/tex]

[tex] V_{ball} = \frac{1,570}{3}\: In^3 [/tex]

[tex] V_{box} =l^3 [/tex]

[tex] V_{box} =(10)^3 [/tex]

[tex] V_{box} =1000\: In^3 [/tex]

Percentage of the space in the box occupied by the ball

[tex] = \frac{V_{ball}}{V_{box} } \times 100 [/tex]

[tex] = \frac{\frac{1,570}{3}}{1000} \times 100 [/tex]

[tex] = \frac{1570}{3000} \times 100 [/tex]

[tex] = \frac{157}{3} [/tex]

[tex] = 52.33\% [/tex]

Lisa was hiking Death Valley and began at the elevation of 300 feet. She hiked down 450 feet. At what elevation did she end her hike

Answers

750 feet plz give brainlest answer

A pair of shoes that normally sells for $74.88 goes on sale for 25% off. What is the sale price?

Answers

Answer:

$56.16

Step-by-step explanation:

74.88 times 0.75 =56.16

Answer:

$56.16

Step-by-step explanation:

To find the sale price, multiply the original price by 0.75:

74.88(0.75)

= 56.16

So, the sale price is $56.16

Common ratio of 1/2,1,2,4,8

Answers

Step-by-step explanation:

common ratio (r) = second term÷first term

Family A and Family B both have 8 people in their family. The ages of each member is listed below Which statement is correct about the variability of the two families. Family A: 35,5.42, 9.16, 3,8 12 Family B: 1, 5, 29.3, 7, 35, 6,9​

Answers

Answer:

in family a you multiply by 7

In family b you multiply by 3

Step-by-step explanation:

Sorry if im wrong I should be right if im not then im really sorry :):(

Answer:

family A has greater variability

Step-by-step explanation:

PLSSS SHOW UR WORK AND HOW YOU GOT THE ANSWER FOR THIS also help me quickly pls!!

Delroy is going to a dog adoption day at his local animal shelter. he wants to make 4 batches of the biscuits for the dogs. how many cups of margarine will he need?

Answers

4 x 1/3 cups of margarine
= 4/3 cups, or 1 1/3 cups

You multiply the numerator by the whole number, and keep the denominator the same.

which of the following expressions can be used to show 5^3/2 is equivalent to radical 5^3

Answers

Answer:

Option (4) is correct.

Step-by-step explanation:

We need to show that [tex]5^{3/2}[/tex] is equivalent to radical [tex]\sqrt{5^3}[/tex].

We can do it as follows :

[tex]\sqrt{5^3} =(5^3)^{\dfrac{1}{2}}\\\\=5^{\dfrac{3}{2}}[/tex]

Hence, the correct option is (4).

Answer:

last two options

Step-by-step explanation:

Which measurements are for a rectangle with an area of 16 square units?


4 units wide, 2 units long


2 units wide, 6 units long


4 units wide, 3 units long


2 units wide, 8 units long

Answers

Answer:

2 Units wide , 6 units long

El triple del mayor de tres números pares consecutivos, más 6 es igual al doble del menor. Encuentra el número mayor. Porfaaaa :(

Answers

Answer:

-14. Aunque podría estar equivocado. Espero poder ayudar

Step-by-step explanation:

Evaluate each expression using the value w=4, a=2, and h=5
Equation is:
6w+2a

Answers

Answer:

6w + 2a = 28

Step-by-step explanation:

the expression given, 6w + 2a, contains no variable h, so it's best to just ignore that h = 5.

first, plug in the values for w and a. you can do this in whatever order you want, but i'll start with w for this example.

plug in 4 for w.

6w + 2a

6(4) + 2a

now plug in 2 for a.

6(4) + 2a

6(4) + 2(2)

after plugging in the values, your expression is 6(4) + 2(2).

all that's left is to simplify. again, this can be done in whatever order you prefer, but i'm going to start with 6(4).

6(4) + 2(2)

24 + 2(2)

continue simplifying by multiplying 2(2).

24 + 2(2)

24 + 4

now add 24 + 4.

24 + 4 = 28

so, when w = 4 and a = 2, 6w + 2a = 28.

you can check the answer by plugging those values for a and w back into the completed equation.

6w + 2a = 28

6(4) + 2(2) = 28

24 + 4 = 28

28 = 28

since both sides of the equation are equal, that means that your answer of 28 is correct! :)

i hope this helps! have a great day <3

The perimeter of a shape shows a car racing track, how far does a car travel in a race which consists of 23 laps 1.2km , 1.2 km 1.2km

Answers

Answer:

110.4km

Step-by-step explanation:

1 lap is equal to 4.8

4.8×23=110. 4

(Need someone to confirm)

8. Which of the following Mathematical expressions is equivalent to a cubed of a number x increased by
ten" ?
A. 3x + 10
B. 10x3
C. x3 – 10
D. x3 + 10​

Answers

Answer:

B

Step-by-step explanation:

Adigital option is one in which the payoff depends in a discontinuous way on the asset price. The simplest example is the cash-or-nothing option, in which the payoff to the holder at maturity T is X1{ST>K} where X is some prespecified cash sum. Suppose that an asset price evolves according to the binomial model in which, at each step, the asset price moves from its current value Sn to one of Snu and Snd. As usual, if T denotes the length of each time step, d < erT < u. Find the time zero price of the above option. You may leave your answer as a sum.

Answers

Answer:

[tex]V_{0} = e^{-rt}[/tex] ∑ [tex]uPdx^{(1-p)} *S_{o}[/tex]  

Step-by-step explanation:

The Payoff to the holder at maturity T = X1{ST > K}, where X = pre-specified cash sum.

Current value of asset price = Sn  after evolvement of asset price in reference to binomial model

Hence at every  step value changes to SnU and Snd

where ; d < e^rΔT < u  and Δ T = length of each step

u = ups

d = downs

Determine the time zero price of the above option

First we will find the price after each period

After one period :

when the price goes up, Sn + ΔT = Su

when the price goes down, Sn + ΔT = Sd

After  period two

For Su

when price goes up, Sn +2ΔT = Su2

when price goes down, Sn +2ΔT = Sud

For Sd

when  price goes down, Sn +2ΔT = Sd2

when price goes up, Sn +2ΔT = Sdu

To get the time zero price we will have to apply the same procedure in reverse position den get the sum pf all ups and downs which is

sum of all ups and downs = [tex]e^{-rT}[/tex]∑ [tex]uPd^{(1-p)}[/tex]

[tex]V_{0} = e^{-rt}[/tex] ∑ [tex]uPdx^{(1-p)} *S_{o}[/tex]  

GUYS I WILL GIVE BRAINLIEST IF U HELP ME PLS

What is the value of |26| - |-4| ?

Answers

Answer:

22

Step-by-step explanation:

26=26

-4=4

26-4=22

Question
What is the height of a triangle with an area of 893 square inches and a base of 38 inches?

Answers

Answer:

the height of the triangle is 47 inches

At a used bookstore, Cindy bought 2 paperback books for $1.75 and some children's books for $0.75 each,
including tax. She spent a total of $5.75. How many children's books did Cindy buy?
A. 3
B. 4
C. 5
D. 7
Ο Α
B
ос
D

Answers

C. 5 bc u jus gotta add it on the calculator

Can someone please help me I don’t understand

Answers

Answer:

The ship is traveling at 25 mph

Step-by-step explanation:

12.5/0.5=25

25/1=25

37.5/1.5=25

The speed is constant (25) so the ship is moving at 25 mph

Other Questions
Do the ratios 4/12 and 10/30 form a proportion? yes or no can someone help me plz Help ASAP Ill give you brainlest The Romans started out as a1: a direct democracy.2: a monarchy.3: republic, or representative democracy. Find the perimeter of the figure.9 ft9 ft9 ft9 ft30 ftperimeter:ft At Garcia's Bike Rentals, it costs $45 to rent a bike for 8 hours. How many hours of bike use does a customer get per dollar? Whats the slope and y intercept? 20 points plus brainliest For each graph, decide whether or not it is a function. What can I do to add more detail "Don't be afraid" by Conan O'Brien ? Why did Thomas Jefferson oppose Hamiltons national bank?He thought it would be too weak.He thought it was unconstitutional.He wanted a more powerful government.He believed in the implied powers of the Constitution. please help me with this for brainliest Which part of the brain stem controls the heart rate and respiratory rate?ponsthalamusmedulla oblongatamidbrain A ring-shaped region is shown below. Its inner radius is 8m, and its outer radius is 11m. 8m 11m Find the area of the shaded region. Use 3.14 for . Do not round your answer. Cogswell Printers purchased a four year insurance policy on May 1, Year 2 for $12,000,effective immediately. The company expensed the full cost of the policy in Year 2. Theadjusting journal entry required at December 31, Year 2 will include a:________a. Credit to prepaid insurance of $9,000b. Debit to insurance expense of $3,000c. Credit to insurance expense of $2,000d. Debit to prepaid insurance of $10,000e. None of the above he nucleus of 8Be, which consists of 4 protons and 4 neutrons, is very unstable and spontaneously breaks into two alpha particles (helium nuclei, each consisting of 2 protons and 2 neutrons). (a) What is the force between the two alpha particles when they are 6.60 1015 m apart? N (b) What is the initial magnitude of the acceleration of the alpha particles due to this force? Note that the mass of an alpha particle is 4.0026 u. m/s2 1. Ma seur est (grand) et elle a les cheveux (roux). 2. Mon cousin Chan a les cheveux (brun) et (court). 3. Nathalie est (joli). Elle n'est pas (laid). 4. Mon cousin est (naif). Il n'est pas (vieux). 5. Ma soeur est (fier). Son fils est (beau) 6. LE (nouveau) tudiant dans la classe de Chan est (curieux). Which two words are the closest antonyms?Press enter to interact with the item, and press tab button or down arrow until reaching the Submit button once the item is selectedA intuitive and mystifyingB edible and digestibleC premise and conceptD commentary and testimony 12 hours to 15 hours, what is the percent of change PLS NEED DONE ASAP 10 MINUTES TILL DUE If OSHA's regulations are not obeyed, what can OSHA doto the people who are responsible? (Select two answers.)Make them move to a different state.Fire them.Fine them.Take them to court for committing a crime.Make them create a Web site.