You’re planning to buy a house and you want to have $35,000 to put as a down payment. If you have $20,000 today and you’re able to receive 12% interest rate for investing the money, how long will it take you to have enough money for the down payment saved?

Answers

Answer 1

It will take approximately 6.24 years to have enough money for the down payment saved.

How to calculate how long will it take you to have enough money for the down payment saved

We can use the formula for compound interest to solve this problem:

A = P(1 + r/n)^(nt)

where:

A = the amount of money we want to have (in this case, $35,000)

P = the initial amount we have (in this case, $20,000)

r = the annual interest rate (in this case, 12%)

n = the number of times interest is compounded per year (let's assume it's compounded monthly, so n = 12)

t = the number of years we're investing for (this is what we want to find)

Substituting the values we know:

$35,000 = $20,000(1 + 0.12/12)^(12t)

Simplifying:

1.75 = (1 + 0.01)^(12t)

Taking the natural logarithm of both sides:

ln(1.75) = 12t ln(1.01)

Dividing both sides by 12 ln(1.01):

t = ln(1.75) / (12 ln(1.01))

Using a calculator:

t ≈ 6.24 years

Therefore, it will take approximately 6.24 years to have enough money for the down payment saved.

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Related Questions

Write two numbers that multiply to the value on top and add to the value on bottom.
8
8

6
−6
×
×
+
+

Answers

a * b = -70
a + b = -9......a = -9 - b

b(-9 - b) = -70
-b^2 - 9b + 70 = 0
(-b + 5)(b + 14) = 0

-b + 5 = 0
5 = b

b + 14 = 0
b = -14

ur numbers are -14 and 5

-14 * 5 = -70
-14 + 5 = -9

Between 7 am and 11 am the temperature in Antartica increased by 8.4 C. If the temperature at 11 am was -28.3 degrees, what was the temperature at 7 am?

Answers

Answer:

the temperature at 7 am was -36.7 degrees.

Step-by-step explanation:

Let's denote the temperature at 7 am by "x". Since the temperature increased by 8.4 C between 7 am and 11 am, we can set up the equation:

x + 8.4 = -28.3

Subtracting 8.4 from both sides, we get:

x = -36.7

Therefore, the temperature at 7 am was -36.7 degrees.

1. Josh said that the square root of 100 is a perfect square and a perfect cube. Is Josh correct? Explain your reasoning. ​

Answers

Josh is incorrect because 100 is perfect square not a perfect cube.

We have the number 100.

Now, factorising the number 100 as

100 = 2 x 2 x 5 x 5

100= (2 x 5)  x ( 2x 5)

100 = 10 x 10

As, 100 can be factorised as 10 x 10 which shows 100 is prefect square of 10.

But 100 is not a perfect cube because for the cube we need pair of three number.

Thus, Josh is incorrect.

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A lottery game contains 28 balls numbered 1
through 28. What is the probability of choosing
a ball numbered 29?

Answers

The probability of choosing a ball numbered 29 is among the 28 balls numbered 1 through 28 is 0

Probability: Calculating the probability of choosing a ball

From the question, we are to calculate the probability of choosing a ball numbered 29

From the formula for probability

P(A) = Number of favorable outcomes to A / Total number of possible outcomes

From the given information,

"A lottery game contains 28 balls numbered 1 through 28"

This means there are only 28 balls and they are numbered from 1, 2, 3, up until 28.

Now,

We are to determine the probability of choosing a ball numbered 29. Since there is no ball numbered 29,

Number of favorable outcomes = 0

Total number of possible outcomes = 28

Thus,

Probability of choosing a ball numbered 29 = 0/28

Probability of choosing a ball numbered 29 = 0

Hence,

Probability of choosing a ball numbered 29 is 0

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What is the mean of 10, 10, 9, 9, 10, 8, 9, 10, 8, 0

Answers

Answer:

83

Step-by-step explanation:

Add them all together and then divide by 10 (which is the number of digits there are)

Answer:9.125

Step-by-step explanation:

how many flowers spaced every 6 inches are needed to surround a circular garden with a 18-foot radius?

Answers

The number of flowers needed is 226

What is circumference of a circle?

The circumference is the perimeter of a circle or ellipse. The circumference is the outer body of a circle and it can also be called perimeter of a circle.

The circumference of a circle is expressed as!

C = 2πr , where r is the radius.

the radius of the garden is 18ft

C = 2 × 3.14 × 18

C = 113.04

This means the perimeter of the garden is 113.04

For a space of 6 inches, the flower needed is calculated as;

113.04 × 12/6 ( since 1 foot is 12 inches)

= 113.04 × 2

= 226 flowers ( nearest whole number)

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Please help me find the length of OP. (See attached picture)

Answers

The length of OP in the given circle figure is 2.

We know that the area of a sector which obtain 'A' degree at center in a circle with radius 'r' is given by,

A = (A/360)*πr²

Here length of OP represents the radius of the circle with center O.

Let OP = R.

The area of the whole circle will be = πR²

Given that the sector which intends an angle of 72 degrees in center has area 4π/5.

According to the condition,

(72/360)* πR² = 4π/5

R²/5 = 4/5

R² = 4

R = 2 [since length cannot be negative so the negative value of square root is ignored.]

Hence the length of OP is 2.

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PLEASE HELP QUICK!! algebra here is screenshot

Answers

Answer:

the answer to the question provided is y = x

Which of the following explains why this inequality is true?

7 3/8 × 4/5 < 7 3/8

The answers I have to choose from are:

A. When 7 3/8 is multiplied by a number greater than 1, the product is more than 7 3/8

B. When 7 3/8 is multiplied by a number greater than 1, the product is less than 7 3/8

C. When 7 3/8 is multiplied by a number less than 1, the product is more than 7 3/8

D. When 7 3/8 is multiplied by a number less than 1, the product is less than 7 3/8.

Answers

The correct option is B: The result of multiplying 7 3/8 by a number larger than 1 is less than 7 3/8.

Explain about the term mixed fractions:

Once kids have a firm grasp on right fractions, they are exposed to mixed numbers and improper fractions.

Divide the numerator and denominator to create a mixed fractions from an incorrect fraction. The solution to this problem is the whole number portion; the leftover portion is the numerator; its denominator stays the same.

We can convert the two fractions to decimal form in order to compare them.

7.375 is equivalent to 7 3/8, and

4/5 is equivalent to 0.8.

7.375 multiplied by 0.8 results in:

7.375 × 0.8 = 5.9

Since the result is 5.9, which is less than 7.375, it follows that 7 3/8 multiplied by 4/5 is less than 7 3/8.

Thus, the result of multiplying 7 3/8 by a number larger than 1 is less than 7 3/8.

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Josh is looking for the best deal on a refrigerator that has a wholesale price of $549. Help him compare the price of the
refrigerator at two different stores by completing the following.
(a)
(b)
Josh then looks at the refrigerator in a department store that marks up the refrigerator's wholesale price 50%. But
because of a customer loyalty program, he would receive a 10% discount off the in-store price. Ignoring tax, how
much would he pay for the refrigerator at this store?
(c)
Josh goes to a superstore that marks up the refrigerator's wholesale price 40%. Ignoring tax, how much would he
pay for the refrigerator at this store?
$0
Check
Select the true statement.
O Josh would pay more for the refrigerator at the superstore.
O Josh would pay more for the refrigerator at the department store.
O Josh would pay the same amount for the refrigerator at the department store and at the superstore.
Search
Save For Later
© 2023 McGraw Hill LLC. All Rights Reserved. Terms of Use

Answers

b) Josh would pay $741.15 for the refrigerator at the department store with 10% discount.

c)  The true statement is: Josh would pay more for the refrigerator at the superstore.

(b) If the department store marks up the wholesale price of the refrigerator by 50%, then the price at the store would be:

Wholesale price + (50% x Wholesale price) = $549 + (0.5 x $549) = $823.50

If Josh would receive a 10% discount off the in-store price, then the price he would pay would be:

In-store price - (10% x In-store price) = $823.50 - (0.1 x $823.50) = $741.15

(c) If the superstore marks up the wholesale price of the refrigerator by 40%, then the price at the store would be:

Wholesale price + (40% x Wholesale price) = $549 + (0.4 x $549) = $768.60

Therefore, Josh would pay $768.60 for the refrigerator at the superstore.

Comparing the prices, we can see that Josh would pay less for the refrigerator at the department store after factoring in the discount:

Price at department store = $741.15

Price at superstore = $768.60

So the true statement is: Josh would pay more for the refrigerator at the superstore.

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A 52 foot ladder is set against the side of a house so that it reaches up 48 feet. If Jevonte grabs the ladder at its base and pulls it 3 feet farther from the house, how far up the side of the house will the ladder reach now? (The answer is not 45 ft.) Round to the nearest tenth of a foot

Answers

The ladder will reach up the side of the house to a height of approximately 47.1 feet.

We can use the Pythagorean theorem to solve this problem. Let x be the distance between the base of the ladder and the house after Jevonte pulls the ladder 3 feet farther from the house. Then, we have a right triangle with legs x and 48 feet, and hypotenuse 52 feet (the length of the ladder).

Using the Pythagorean theorem, we have:

x² + 48² = 52²

Simplifying, we get:

x² + 2304 = 2704

x² = 400

x = 20

Therefore, Jevonte pulls the ladder 3 feet farther from the house, so the ladder is now 23 feet away from the house. The ladder will reach up the side of the house to a height of:

√(52² - 23²) = 47.1 feet (rounded to the nearest tenth)

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For the following exercises, convert the angle measures to degrees.
9π/5 b) - π/3
(round to two decimal places)

Answers

a) The measure of 9π/5 radians in degrees is approximately 324 degrees.

b) The measure of -π/3 radians in degrees is approximately -60 degrees.

To convert the given angle measures from radians to degrees, we can use the formula:

angle in degrees = (angle in radians) × (180/π)

a) To convert 9π/5 radians to degrees, we can substitute the given value in the above formula as:

angle in degrees = (9π/5) × (180/π) ≈ 324 degrees (rounded to two decimal places)

b) To convert -π/3 radians to degrees, we can substitute the given value in the above formula as:

angle in degrees = (-π/3) × (180/π) ≈ -60 degrees (rounded to two decimal places)

In general, we can convert an angle measure from radians to degrees by multiplying it by 180/π. Since π is an irrational number, the conversion factor 180/π is an irrational number as well. Therefore, when we round the result to two decimal places, we are actually approximating the true value of the angle measure.

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Describe the transformation of f(x) to g(x).
A. f(x) is shifted up 1 unit to g(x).
B. f(x) is shifted down pi/2 units to g(x).
C.f(x)is shifted up pi/2 units to g(x).
D. f(x) is shifted up 2 units to g(x).

Answers

The transformation of f(x) to g(x) is (a) f(x) is shifted up 1 unit to g(x).

Describing the transformation of f(x) to g(x).

From the question, we have the following parameters that can be used in our computation:

The functions f(x) and g(x)

In the graph, we can see that

The graph of g(x) passes through y = 1The graph of f(x) passes through y = 0

So, we have

Difference = 1 - 0

Evaluate

Difference = 1

This means that the transformation of f(x) to g(x) is (a) f(x) is shifted up 1 unit to g(x).

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Oak and Maple streets are parallel to each other. Main Street has a traffic
light at (5, 1) and is perpendicular to Oak and Maple. What is the equation
of the line representing Main Street?
Oak St.: y =
A. Y
1
22
+3 Maple St.: y = 22
C. y = -2x + 11
B.y=2x-9
D. y = -2x + 15
+6

Answers

The equation of the line representing Main Street is option C. y = -2x + 11

How did we arrive at this equation?

The slope of the parallel lines is ½. The Main Street is perpendicular to Oak and Maple. So, the slope of Main Street is -2.

[The product of slopes of perpendicular Lines is -1.)

y - 1 = -2 (x -5)

y - 1 = -2x +10

y = -2x + 10 + 1

y = -2x + 11

Therefore, the best choice is option C. y = -2x + 11

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Since Main Street is perpendicular to Oak and Maple, its slope will be the negative reciprocal of the slope of Oak and Maple. Let's first find the equation of Oak Street.

We don't have enough information to determine the equation of Oak Street, so we need to make an assumption about its equation. Let's assume that Oak Street passes through the point (0,3) and has a slope of 2 (since the options suggest that Oak Street has a positive slope).

Using the point-slope form of a line, we have:

y - 3 = 2(x - 0)

y - 3 = 2x

y = 2x + 3

Now we can find the slope of Maple Street by noticing that it is parallel to Oak Street. Since parallel lines have the same slope, Maple Street also has a slope of 2.

To find the equation of Main Street, we need to use the fact that it passes through the point (5,1). Using the point-slope form of a line, we have:

y - 1 = -1/2(x - 5)

y - 1 = -1/2x + 5/2

y = -1/2x + 7/2

Therefore, the equation of the line representing Main Street is y = -1/2x + 7/2. The answer is (D).

Out of 600 people sampled, 42 had kids. Based on this, construct a 95% confidence interval for the true population proportion of people with kids.
Use GeoGebra to calculate! Give your answers as decimals, to three places

Answers

Answer:

So we can be 95% confident that the true proportion of people with kids in the population is between 0.044 and 0.096.

Step-by-step explanation:

To construct a confidence interval, we need to use the formula:

CI = p ± zsqrt((p(1-p))/n)

Where:

CI = confidence interval

p = sample proportion (in this case, 42/600 = 0.07)

z = the z-score corresponding to the desired level of confidence (in this case, 1.96 for a 95% confidence interval)

n = sample size (in this case, 600)

Plugging in the numbers, we get:

CI = 0.07 ± 1.96sqrt((0.07(1-0.07))/600)

Simplifying this, we get:

CI = 0.07 ± 0.026

Therefore, the 95% confidence interval for the true population proportion of people with kids is:

0.044 ≤ p ≤ 0.096

The question is done below has square roots and exponents. Pretty easy.

Answers

Answer:  D.  -1

Step-by-step explanation:

Your equation:

[tex]\sqrt[4]{(\sqrt[3]{64}) ^{2} } =(\frac{1}{2} )^{x}[/tex]       >We are going to work from the inside first then out

                                   The cube root of 64 is 4 because 4*4*4=64

[tex]\sqrt[4]{(4) ^{2} } =(\frac{1}{2} )^{x}[/tex]            > 4² = 4*4=16

[tex]\sqrt[4]{(16) } =(\frac{1}{2} )^{x}[/tex]           > the 4th root of 16 is 2 because 2*2*2*2=16

[tex]2 =(\frac{1}{2} )^{x}[/tex]                   > if you have the same bases you can set the

                                   exponents equal.  They are not the same but we

                                    are going to make them the same.  

[tex]2^{1} =(\frac{1}{2} )^{x}[/tex]                  > 2 is the same as 2^1,  i can make the bases the

                                   same if I can make the 2 a reciprocal.  That

                                   happens when I take the negative exponent of the

                                   number

[tex](\frac{1}{2} )^{-1} =(\frac{1}{2} )^{x}[/tex]             >Now that my bases are the same, I can make the

                                exponents =

-1 = x

If sin X degree equals 4/5, what is the value of B?
B=4
B=5
b=6
b=7

Answers

The value of B is 6 when the value of sin x degrees equals to 4/5.

In the given triangle diagram, the opposite side of x = 3b

The hypotenuse of the given triangle = 22.5

Given triangle is a right-angled triangle, in trigonometry, we know that in a right-angled triangle the sin x = opposite side of x / hypotenuse side

So, sin x = 3b/22.5

But, the given value is 4/5. So,

3b/22.5 = 4/5

3b = 90/5

3b = 18

b = 18/3

b = 6

From the above explanation, we can conclude that the value of b is 6.

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find the length of the segment and round to the nearest tenth if necessary

Answers

Answer:

14

Step-by-step explanation:

line from center to chord bisect chord

so x = 14

In problem # 14 solve for y.

Answers

The required value of y is 14 units for the given right triangle.

14. It is required to find the value of y.

According to the attached figure, we have a right triangle that has:

Length of AB = x units

Length of BC = 7 units

Length of AC = y units

∠ABC = 90°

∠BAC = 30°

As per the sine ratio, it can be written as follows:

sin 30° = BC/ AC

1/2 = 7/y

Apply the cross-multiplication, and we get

y = (7)(2)

y = 14 units

Therefore, the required value of y is 14 units for the given right triangle.

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Describe the graph proportional relationship represented by the equation y=5.5x

Answers

y=5.5x represents a proportional relationship between two variables, where y increases or decreases by a constant factor as x increases or decreases by one.

I need assistance please.


Your Assignment




Mr. Paulsen challenges Olivia and Angelica to move figure ABCDE onto figure A"B"C"D"E" using a series of two different transformations. They give two different answers.
Answer the questions to investigate ways to transform ABCDE.
1. Olivia finds a combination of two different transformations that moves ABCDE onto A"B"C"D"E". What is one way she might have done this? (3 points)








2. Angelica reflects ABCDE over the y-axis and translates it up 8 units. Does her transformed figure match A"B"C"D"E"? If not, describe how her transformed figure compares to A"B"C"D"E". (3 points)





3. Michael says he can move ABCDE onto A"B"C"D"E" with one transformation by translating ABCDE diagonally so that it moves 8 units up and 10 units right. Is he correct? Explain why or why not. (4 points)

Answers

Olivia could have used a combination of a rotation and a translation to move ABCDE onto A"B"C"D"E".

Angelica's transformed figure will not match A"B"C"D"E" because reflecting ABCDE over the y-axis will change the order of the letters in the figure.

No, Michael is not correct.

How to explain the transformation

Translating ABCDE diagonally by 8 units up and 10 units right will move each point in ABCDE the same distance horizontally and vertically, which will change the shape of the figure.

In order to match A"B"C"D"E", the transformation must preserve the order of the letters and the angles between the segments.

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Ayudenme a resolver esos 2 problemas, son inecuaciones, ya tengo la respuesta, falta solucion

Answers

The solution set for each rational inequality:

Case 1: - 9 ≤ x < - 5

Case 3: Every real number except x = 1.

How to solve a rational inequality

In this problem we find two cases of rational inequality, whose solution sets can be found by using algebra properties and sign laws. Now we proceed to solve on each case:

Case 1

(3 · x + 7) / (x + 5) ≥ 5

(3 · x + 7) / (x + 5) - 5 ≥ 0

[(3 · x + 7) - 5 · (x + 5)] / (x + 5) ≥ 0

(- 2 · x + 18) / (x + 5) ≥ 0

- 2 · (x - 9) / (x + 5) ≥ 0

The inequality is positive for - 9 ≤ x < - 5.

Case 3

(- x² - 1) / (- x² + 2 · x - 1) > 0

[(- 1) · (x² + 1)] / [(- 1) · (x² - 2 · x + 1)] > 0

(x² + 1) / (x² - 2 · x + 1) > 0

(x² + 1) / (x - 1)² > 0

The inequality is positive for all real number except x = 1.

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On the map, , the distance is represented by a scale of 1:5000. If the distance between two buildings is shown as 3 cm on the map, then what is the actual distance between the two buildings in meter?

HELP ME PLEASE!!!!!!!!!!
Anyways, I can only offer 10 points!

Answers

The total distance between the buildings is 150 meters. In the event a map placed one is to 5000 scales then it projects one unit on the map represents 5000 units in the actual world.

We can apply this ratio to alter the distance on the map to the actual distance between the buildings or objects in the given case that the distance is shown as 3 centimeters then the actual distance in meters is followed 1 centimeter on the map represents 5000 centimeters in the real world.

1 cm on the map = 5000 cm in the actual world

3 cm on the map = (3 x 5000) cm in the actual world
= 15000 cm in the actual world
To alter cm to meters, we need to can apply division by 100 since there are 100 cm in a meter. So, the actual distance between the two buildings is:
15000 cm / 100 = 150 meters
The real distance between the two buildings is 150 meters.
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What is the area of the shaded part of the figure if =14
ft?

Use 3.14
to approximate π

Answers

The area of the shaded part is 42.14 ft² .

How to find the area of the shaded part of the figure?

Area of the shaded part of the figure = area of square - area of quarter circle

Area of shaded part of the figure = s² - 1/4πr²

Where s = 14 ft and r = 14 ft

Substitute into the formula:

Area of shaded part = 14² - 1/4(3.14)(14²)

                                  = 42.14 ft²

Therefore, the area of the shaded part is: 42.14 ft² .

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Complete Question

Check image

Which is a recursive formula for this geometric sequence?


-18

, -14

, -12

, -1, . . .

Answers

The recursive formula for the geometric sequence is given as follows:

[tex]a_1 = -\frac{1}{8}[/tex][tex]a_n = 2a_{n - 1}[/tex]

What is a geometric sequence?

A geometric sequence is a sequence of numbers where each term is obtained by multiplying the previous term by a fixed number called the common ratio q.

The first term of the sequence is given as follows:

[tex]a_1 = -\frac{1}{8}[/tex]

Each term is the previous term multiplied by two, hence the common ratio is given as follows:

q = 2.

Then each term is the previous term multiplied by two, and the recursive rule is given as follows:

[tex]a_n = 2a_{n - 1}[/tex]

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The table shows the finishing times for each of the four swimmers on the men’s 100 meter freestyle relay US Olympic team in 2008. The team’s average time is 47 seconds. Estimate the team’s finishing time, in seconds, using cluster estimation.

Answers

Using cluster estimation, the team's finishing time is 188 seconds.

How to get the team's finishing time?

We are given that the Team's average time is 47 seconds which means all players finishes in 47 seconds.

The Cluster Estimation means a method used to estimate sum & product when the numbers that we are adding or multiplying cluster near to a same number .

Here, all given time cluster near to the average time i.e., 47 seconds.

So, the team's finishing time will be:

= 47 + 47 + 47 + 47

= 4 × 47

= 188 seconds

Therefore, the team's finishing time is 188 seconds.

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please help me with this problem

Answers

We will use the laws of logarithm to simplify the equations Then evalute the value of x and put it in the second equation to find yHence x=9 and y=1/9

Answer:

X = 81

Y = 729

Step-by-step explanation:

Basically I simplified each expression by making both logarithms as one then converting it from logarithm to exponential (I hope you know how to do it, you must).. I then obtained 2 final equations labeled as equation 1 and equation 2. From there on its just Maths but I hope you understand what I did

Find the areas of the trapezoids.

Answers

Answer is 36. Formula is 1/2 (b1+b2)h. Your base 1 is 4 and base 2 is 8, and your height is 6. Those equal 72, and 72/2 is 36

Find the side lengths of each triangle.

Answers

Answer:

9) 36     36  and   36 (all three sides equal)

10) 3.1    3.1  and  3.3  (two sides equal)

Step-by-step explanation:

#9

This is an equilateral triangle so all three sides are equal
Expressions for two of the sides are 6y and 4y + 12

Set these expressions equal to each other and solve for y:
6y = 4y + 12
6y - 4y = 12
2y = 12
y =6

So the side with expression 6y becomes 6 · 6 = 36

Since it is an equilateral triangle, each of the three sides is 36

#10
This is an isosceles triangle with side 2x + 1.7 = x + 2.4

Solve for x:
2x + 1.7 = x + 2.4

2x - x = 2.4 - 1.7
x = 0.7

So the side with x + 2.4 = 0.7 + 2.4 = 3.1 same as the side with 2x + 1.7

The third side with 4x + 0.5 = 4(0.7) + 0.5 = 2.8 + 0.5 = 3.3

So the sides of this triangle are 3.1, 3.1 and 3.3

In ΔSTU, t = 260 cm, u = 850 cm and ∠S=166°. Find the area of ΔSTU, to the nearest square centimeter.

Answers

Answer:

1,110

Step-by-step explanation:

it's that because I added it all up in got thatv

Other Questions
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