Alan deposited $300 in an account that pays 6% interest compounded continuously. Approximately how long will it take for Alan’s money to triple?

(Use formula A=Pe^rt where A is the accumulation amount, P is the initial amount, r is the annual rate of interest, and t is the elapsed time in years.)

Show your work for credit

Answers

Answer 1

9514 1404 393

Answer:

  18.3 years

Step-by-step explanation:

You want ...

  A/P = 3 = e^(rt) . . . for r = 0.06

Taking the natural log, this gives ...

  ln(3) = 0.06t

  t = ln(3)/0.06 ≈ 18.31

It will take about 18.3 years for the value to triple.


Related Questions

How to get the area of the trapezoid

Answers

Answer:

50

Step-by-step explanation:

The formula for the area of a trapezoid is a+b/2h. a is the top of the trapezoid (5). b is the bottom of the trapezoid(15). h is the height of the trapezoid(5). First you add 5 and 15 together to get 20. Then you divide by 2 to get 10. Now you do 10 x 5 to get 50 as your answer. 5+15/2 = 10(5) = 50

A phone company offers two monthly plans. Plan A costs $10 plus an additional $0.15 for each minute of calls. Plan B costs $19 plus and additional $0.10 for each minute of calls.

For what amount of calling do the two plants cost the same?

What is the cost when the tow plans cost the same?

Answers

Answer:

Step-by-step explanation:

A phone company offers two monthly plans. Plan A costs $10 plus an additional $0.15 for each minute of calls. Plan B costs $19 plus and additional $0.10 for each minute of calls.

For what amount of calling do the two plants cost the same?

How far will a skier travel in 2 1/2 minutes? Explain how you figured it out

1 minute= 60 seconds

Answers

3600 meters 60 seconds would be 1440 traveled

and 1440 + 1440 + 720= 3600

Hope this helps :)

Which expression represents the following calculation?
Add 3 to the quotient of 8 divided by 6.
(8 + 6) + 3
(8 + 6) = 3
(8 + 3) = 6
6+ (3 * 8)

Answers

Answer:

[tex](8 \div 6) + 3[/tex]

Step-by-step explanation:

Required

The equivalent expression

To do this, we take it one step at a time.

First, the quotient of 8 divided by 6;

This means 8 divided by 6: [tex](8 \div 6)[/tex]

3 added to it;

The expression becomes: [tex](8 \div 6) + 3[/tex]


Three (3) people share a car for a period of one year and the mean number of kilometres
traveled by each person is 152 per month
How many kilometres will be travelled in a year?​

Answers

Answer:

456

Step-by-step explanation:

It is shared by 3 people so it will be multiplied by 3.

Answer:

5472

Step-by-step explanation:

If the mean between three people is 152 kilometers per month, the distance travelled in a month is 152 * 3 = 456.

Then we multiply 456 by 12 to get the number of km travelled in a year.

456 * 12 = 5472

10 points
Which equation should you solve to find x?

Answers

Answer:

B.

Step-by-step explanation:

Using SOHCAHTOA,

sin 24 = 4/10

cos 24 = x/10

tan 24 = 4/x

Answer: B.

Option B. is correct. Using cosine formula the equation cos 24° = [tex]\frac{x}{10}[/tex] is used to find value of 'x'.

What is cosine?

The ratio of the "adjacent side of a right angle triangle to the hypotenuse" is called cosine and given by the symbol 'cos'.

According to the question,

Angle of Right angle triangle is 24°

Adjacent = x

Opposite = 4

Hypotenuse = 10

In order to value of 'x' only if using cosine formula.

Formula for cosine = [tex]\frac{adjacent}{hypotenuse}[/tex]

= [tex]\frac{x}{10}[/tex]

Hence, the equation cos 24° = [tex]\frac{x}{10}[/tex] is used to find value of 'x'.

Learn more about cosine here

https://brainly.com/question/20839703

#SPJ2

There are 6 shipping boxes that each contain 36 kg of merchandise from a toy store. Before the boxes are loaded onto a delivery truck, the same amount of additional merchandise is added to each box. The total weight of all of the boxes is 258 kg. How much additional weight was added to each box?

Answers

Answer: 7 kg

Step-by-step explanation:

If the equation y = |x| is graphed and then
moved up 3 units on the y-axis, what will be
the equation of the new graph?

Answers

Answer:

Step-by-step explanation:

The new equation will be

y = abs(x) + 3

I have made a graph to show you this.

The red graph is y = abs(x)

The blue graph is y = abs(x) + 3

You need only look at the point 0,0 to see what happened. On the red graph (0,0) is the lowest point. When you add 3 to get the lowest point, you should notice that the lowest point is now (0,3)

help!

Write an equation for the line on the graph below:

Answers

Answer:

y = 3

Step-by-step explanation:

If you find the values of all the points of the line, it has y as 3.

Feel free to mark this as brainliest :D

Stephen, Gavin and Jim share
some sweets in the ratio 3:1:2.
Stephen gets 24 sweets. How many
sweets are there altogether?

Answers

Answer:

There are 48 sweets altogether.

Step-by-step explanation:

Ratio: 3:1:2

Stephen: 24 sweets

24/3 = 8

Fill in ratio.

24:8:16

24 + 8 + 16 = 48

Answer:

48 sweets

Step-by-step explanation:

Stephen : Gavin : Jim

3 : 1 : 2

We can say that this means the total amount of sweets get split between the 3 of them into 6 equal parts ( 3 + 1 + 2).

If Stephen gets 24 sweets, this means

3 parts = 24

So to find 1 part, divide 24 by 3.

1 part = 8 sweets

Now we can find the total by multiplying this by 6.

6 parts = 8 x 6 = 48 sweets.

Determine if the following statements are true or false, and explain your reasoning. If false, state how it could be corrected. (a) If a given value (for example, the null hypothesized value of a parameter) is within a 95% confidence interval, it will also be within a 99% confidence interval. true false

Answers

Answer:

True

Step-by-step explanation:

Margin of error of a confidence interval:

The margin of error of a confidence interval has the following format:

[tex]M = z\frac{s}{\sqrt{n}}[/tex]

In which z is related to the confidence level(the higher the confidence level the higher z is), s is related to the standard deviation and n is the size of the sample.

A higher confidence level leads to a larger margin of error, that is, a wider interval. The interval expands around it's lower and upper bounds, which means that if a value is part of a lower confidence interval(such as 95%), it will be part of the higher(such as 99%), and the answer to this question is true.

What does growth mean in math

Answers

more ... Where a value increases in proportion to its current value. Such as always doubling.

Find the volume of the cylinder?

Answers

Answer:

1520.53

Step-by-step explanation:

Hope it helps u

Please mark as brainliest

Thank You

I need help with all of these ASAP thank you so much

Answers

Answer:

C

Step-by-step explanation:

Functions meet the vertical line test:

a vertical line will intersect the graph at  most at one point

C doesn't pass the vertical line test and is therefor not a function

Fill in the missing monomials: 49y4x6= (_______)2

Answers

Answer:

7y²x³

Step-by-step explanation:

when taking an exponent to an exponent multiply them

(7y²x³)² = 49y⁴x⁶

What is the diameter

Answers

Answer:

From J to K is the diameter

FREE BRANLIEST PLEASE ANSWER WITH CORRECT EQUATIONS

Answers

Answer:

c.153 degrees

Step-by-step explanation:

hope it helps

Linear pairs are supplementary

m<ABD+27=180m<ABD=180-27m<ABD=153°

Professor Stats has 40 students in her statistics class. 24 of the students are male. If she randomly selects 6 of her students at random, without replacement, the probability of selecting 4 men in the sample is

Answers

Answer:

the answer is 332

Step-by-step explanation:

quizlet

# form the greatest and smallest 4 digit number repetition of digits is allowed

1) the number is an even number and 2)the number is an odd number​

Answers

Answer:

1) The smallest is 1000, and the greatest is 9998.

2) The smallest is 1001 and the greatest is 9999.

Step-by-step explanation:

Four digit numbers:

The set of four digit numbers is: {1000, 1001, ...., 9998, 9999}

Even numbers:

End in 0, 2, 4, 6, 8

Odd numbers:

End in 1, 3, 5, 7, 9

1) the number is an even number

The smallest is 1000, and the greatest is 9998.

2)the number is an odd number​

The smallest is 1001 and the greatest is 9999.

Which is an equivalent scale factor of Mr. Barrow's height to the height of the power pole?
A. 162:18
B. 6:54
C. 18:162
D. 54:6

Answers

9514 1404 393

Answer:

  C. 18:162

Step-by-step explanation:

Both B and C are the same scale factor, and both correctly express the ratio of the shorter height to the longer one.

The ratio of choice C is directly obtained from the figure, so is probably the best choice.

Find the exact value
Sin(300-45)

Answers

Answer:

sin ( 300 - 45 )

Step-by-step explanation:

sin (300 - 45 )

= - 0. 965

= - 0. 97

Can someone please help?

Answers

Answer:

It is closer to 7,000 than 8,000

it is closer to 7000 than 8000

Last week, Becky went to dance class 4 times. Each class was 3/2 hours. This week, Becky went to dance class 5 times. Each class was 1 hour which week did Becky spend more total time in dance class

Answers

Answer:

Last week

Step-by-step explanation:

last week because, the class that week was only 1 hour and last weeks was 3/2 an hour

PLEASE ANSWER THIS
PLEASE URGENT WORK
I M CRYING

Answers

Answer:

b=69(alternate angle)

b=37(alternate angle)

cotx= is also equal to

Answers

[tex] \huge\frak{Answer:-}[/tex]

[tex] \rm{cot \: x = cos \: x \: sin \: x}[/tex]

_____________

[tex]\huge \mathtt \purple{Answer:-}[/tex]

[tex] \sf \red{cot \: x \: = \: cos \: x \: sin \: x}[/tex]

____________

√4x²-20x+25=5-2x

HELP PLEASE!!! P.S the entire equation 4x²-20x+25 is under the square root

Answers

Answer:

The equal is valid for x≤ 5/2

Step-by-step explanation:

sqrt(4x²-20x+25)=5-2x

Square both sides

(sqrt(4x²-20x+25))^2=(5-2x)^2

Foil the term on the right (5-2x)(5-2x) = 25 -10x-10x+4x^2 = 25 -20x+4x^2

(4x²-20x+25)=25-20x+4x^2

The left side is equal to the right side

We need to check for extraneous solutions

The break point is 5-2x =0

5 =2x

x =5/2

Check x < 5/2

Let x=0

sqrt(4x²-20x+25)=5-2x

sqrt(25)=5

True

Check x=5/2

sqrt(4x²-20x+25)=5-2x

sqrt(4(25/4)-20*5/2+25)=5-2(5/2)

sqrt(25-50+25)=5-5

0=0

True

Check x>5/2

Let x=10

sqrt(4x²-20x+25)=5-2x

sqrt(4*100-20*10+25)=5-2*10

sqrt(400-200+25)=5-20

sqrt(225) = -15

15 does not equal -15

False

The equal is valid for x≤ 5/2

Where would (2,-4) go on the coordinate plane?

Answers

Answer:

in the 4th quadrant

Complete the comparison 5+4. A.9+1. B.10+0.C.5-4.D.15-4

Answers

Answer:

A.5+4<9+1

B. 5+4<10+0

C. 5+4>5-4

D. 5+4=15-4

Step-by-step explanation:

A. 9<10

B. 9<10

C. 9>1

D9=9

Answer:

A=10>5+4

B=10>5+4

C=1<5+4

D=11>5+4

Step-by-step explanation:

The accompanying table shows the value of a car over time that was purchased for 14100 dollars, where x is years and y is the value of the car in dollars. Write an exponential regression equation for this set of data, rounding all coefficients to the nearest thousandth. Using this equation, determine the value of the car, to the nearest cent, after 15 years.

Answers

Answer:

equation: 14506.226(0.870)^x

answer: 1796.15

Step-by-step explanation:

Plugging in the tables into your calcuator

a= 14506.226

b= .870

y=ab^x

y= 14506.226(0.870)^x

= 1796.15

The equation of the exponential regression is [tex]\rm y = 14100 \ e^{-0.087x}[/tex]. And the value of a car after 15 years is $ 3,823.53.

What is an exponent?

Exponential notation is the form of mathematical shorthand which allows us to write complicated expressions more succinctly. An exponent is a number or letter is called the base. It indicates that the base is to raise to a certain power. X is the base and n is the power.

The accompanying table shows the value of a car over time that was purchased for 14100 dollars, where x is years and y is the value of the car in dollars.

The exponential regression equation will be given as

[tex]\rm y = A_o e^{kx}[/tex]

Where A₀ is the coefficient of exponential regression and k is the constant.

For x = 0, the value of y will be $ 14100. Then we have

[tex]\rm 14100= A_o e^{k*0}\\\\ A_o \ \ \ \ = 14100[/tex]

Then the equation will be

[tex]\rm y = 14100 \ e^{kx}[/tex]

For x = 1, the value of y will be $12,929. Then we have

[tex]\rm 12929= 14100 e^{k*1}\\\\ e^k \ \ \ \ = 0.91695[/tex]

Taking ln both sides, then we have

[tex]\begin{aligned} \rm ln\ e^k &= ln \ 0.91695\\\\\rm k*ln \ e &= -0.087\\\\\rm k &= -0.087 \end{aligned}[/tex]

Then the equation will be

[tex]\rm y = 14100 \ e^{-0.087x}[/tex]

Then after 15, the value of a car will be

[tex]\rm y = 14100 \ e^{-0.087*15}\\\\\rm y = 14100 * 0.2712\\\\\rm y = 3823.53[/tex]

More about the exponent link is given below.

https://brainly.com/question/5497425

WRITE THE SOLUTION TO THE FOLLOWING SYSTEMS
HURRY ILL GIVE BRAINLIEST!!!!!!!

Answers

Answer:

1)     (2,4)

2)    (5,-2)

Step-by-step explanation:

those are the points at which the lines cross making them the solutions to the equations

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