find the time required for an investment of $3000 to grow to $8000 at an interest rate of 7.5% per year, compounded quarterly ( round the answer to two decimal places)​

Answers

Answer 1

Answer:

13.20 years

Step-by-step explanation:

Investment P = $3000Final amount F =  $8000Interest rate r = 7.5% = 0.075Compound number n = 4Time t = ?

Formula:

F = P(1 + r/4)^(4t)

Solve for t:

8000 = 3000(1 + 0.075/4)^(4t)8/3 = 1.01875^(4t)4t log 1.01875 = log (8/3)4t = 0.42596 / 0.008067t = 1/4(52.80)t = 13.20

Related Questions

Aldo runs 4 miles in 30 minutes. At the same rate, how many miles would he run in 48 minutes?


HELP ANSWER FAST PLEASE

Answers

Answer:

miles/time = miles/time

miles/48 min = 4 mi/30 minmiles = 48(2/15)

miles = 96/15

miles = 6.4 miles

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

Step-by-step explanation:

geometry

please help!!

picture included

Answers

Answer:

x = 12

Step-by-step explanation:

Acvording to the intersecting chord theorem, the products of the line segments formed are equal to each other.

Therefore:

5*x = 10*6

5x = 60

Divide both sides by 5

5x/5 = 60/5

x = 12

HELP PLS!!!
120=x-523?

Answers

Answer:

-62760

Step-by-step explanation:

move 523 to the other side, making it positive
523+120=x
643=x

The slope of a line is – 3, and a point on the line is (4, -1).
What is the equation of the line expressed in slope-intercept form?

Answers

Answer:x=6

Step-by-step explanation:

13 points.First Come First Serve!!!!

Answers

(=0w0=) Little one, welcome! Aaliyah!

Solve for x, round to the nearest thousandth.​

Answers

Answer:

33

Step-by-step explanation:

hope this helps

Yesterday there were 40 problems assigned for math homework. Corey did 10% of the problems
incorrectly. How many did he get wrong?

Answers

Answer:

Step-by-step explanation:

The answer is 4 questions.

The 10% of 40 is 10×(40/100)

= 400/100

=4

Can someone teach me how to do this pleasseeee!

Answers

so the equation is 5-x3
x^3=x*x*x
so you have x=-2
That means y=5-(-2*-2*-2)
y=5-(-8) which gives y=13
Do this for every x and get the y

Answer:

y's go

13, 6, 5, 4, -3

Step-by-step explanation:

well so you have the equation y = 5 - x^3

you are given the x for all of them

y = 5 - (-2)^3

5 - (-8) = 13

y = 5 - 0^3

5 - 0 = 5

y = 5 - 1^3

5 - 1 = 4

y = 5 - 2^3

5 - 8 = -3

Select all statements that are true about bases and heights in a parallelogram

Answers

Answer:

hi

Step-by-step explanation:

1. The area formulas for a triangle and a parallelogram require multiplying base by height.

true

2 .A triangle and parallelogram with the same base and height will have the same area.

false

3. A rectangle and parallelogram with the same base and height will have the same area.

true

4. The area formula of a trapezoid requires finding the product of the bases.

false

5. The base of a triangle is always the shortest side.

false

Answer:

12

Step-by-step explanation:

Subtract the polynomials:
(1 Point)
f(x) = 10x4 + 2x² +1; 8 (x) = 3x4 + 3x + 11
O f (x) – 8(x) = 7x4 + 2x2 – 3x – 10
O f(x) – 8 (x) = 7x4 + 2x2 – 3x + 12
O f (x) – 8(x) = 7x4 + 2x2 + 3x + 12
O f(x) – 8(x) = 7x4 + 2x2 + 3x - 10

Answers

Answer: thats the answer

Step-by-step explanation:

How can the product of 5 and 0.3 be determined using this number line? Number line from 0 to 2.0 with tick marks at every tenth. An arrow goes from 0 to 0.3. Enter your answers in the boxes. Make_____ jumps that are each_____unit long. You end at______ , which is the product of 5 and 0.3.

Answers

Answer:

5      0.3     1.5

Step-by-step explanation:

you count by 3

To determine the product of 5 and 0.3 using the number line described, make 5 jumps that are each 0.3 units long, you end up at 1.5.

Since the distance between each consecutive tick marks is 0.3 ; we only need to jump 5 times starting from the 0 towards the right.

Hence, jumping five times towards the right by a distance of 0.3 each time gives a value of 1.5 on the final or end point which is also the product of 0.3 × 5

Learn more :https://brainly.com/question/18112348

What is the volume?

Answers

Answer: 108 cm^3

Step-by-step explanation:

2 x 5 x 8 = 80

7 x 2 x 2 = 28

80 + 28 = 108

Which of the following statements are equivalent?
x - y = 2 and x = y + 2

Answers

I’m not sure I understand the question. The equations you posted are equivalent. To take x - y = 2 to x = y + 2, you add y to both sides of the equation.

I’m happy to answer more if you let me know in the comments.

300 is 60% of what of number

Answers

Answer:

500

Step-by-step explanation:

your welcome!!!!!!!

Answer:

500 is the number

Step-by-step explanation:

Question 6 of 23
What is the slope-intercept equation of the line below?

Answers

i think its B , because if you connect the TWO dots forming a triangle its 3 up and 4 to the right making 3/4 as the slope and the Y intercept is 1 so y=3/4x +1

If 2(6 + 3x) + 1 = - 5 + 3(x - 1), what is the value of x?

Answers

Answer: x = -7

Step-by-step explanation:

2(6 + 3x) + 1 = - 5 + 3(x - 1)

(2) (6) + (2) (3x) + 1 = -5 + (3) (x) + (3) (-1)

12 + 6x + 1 = - 5 + 3x + - 1

( 6x ) + ( 12 - 1 ) = ( 3x ) + ( -5 + -3 )

6x + 13 = 3x - 8

6x + 13 - 3x = 3x - 8 - 3x

3x + 13 = -8

3x + 13 - 13 = -8 - 13

3x = -21

3x/3 -21/3

X = -7

12+6x+1= -5+3x-3
3x= -21
x= -7

(-14.2b - 97.35) + (6.76d - 118.7 - 3.4d )

Answers

Answer:

Hi! The answer to your question is -14.2b+3.36d-216.05

Step-by-step explanation:

Simplify the Expression.

Triangle ABC is similar to triangle FGH.
H
А
6 cm
B
12.5 cm
+
9 cm
5 c
15 cm
с
F
What is the value of x in centimeters?

Answers

Answer:

i can't understand the question but if you put a link I can figure it out

Athena sells plates at a deal of 5 for $10. If Athena sells 25 plates per every half hour, how much money will Athena make?

Answers

Answer:10*25=250

Step-by-step explanation:

The expression (y11)(y2)8 is equivalent to yx. What is the value of x?

Answers

DONT OPEN THE ANSWER ABOVE ITS A VIRUS. i will give an answer in the comments though

On this necklace the ratio of black beads to white beads is 1:4
How many more black beads do you need to
add to make the ratio of black to white 4:1 ?

Answers

16 sfnhfjgskyekrykrk

Answer:

16

Step-by-step explanation:

This is because the ratio of black to white can be set up as 1/4, for every one black bead there is 4 white so what is 1/4x that equals 4? simple, x=16 because 16/4 equals to 4 so it would be 4 black beads to 1 white bead.


Between which two consecutive integers is each number located on a number line?
7.81

Answers

Answer:

7;8

Step-by-step explanation:

7 < 7.81 < 8

How do you round 60.95 to the nearest whole number ? What will it become

Answers

it will become 61
because anything above 0.5 rounds up

Answer:

it would become 61

Step-by-step explanation:

the tenths place (.9) is greater or equal to five. if it follows the rule, the tens place (0) would increase by one.

in Enter a number into each box to create
an equation that has exactly no real solution.
3(2x+5)-X =

2) Enter a number into
each box to create an
equation that has exactly one real solution.
19x -(5x+9)+7=

Answers

Answer: 5X+15

The first one is

The second one is 2(7X+8)

select THREE expressions that are equivalent to 6 x + 1 − ( 3 x − 1 )

Answers

Answer:

3x+2 is your answer

Step-by-step explanation:

6 x + 1 − ( 3 x − 1 )

6x+1-3x+1

3x+2

Answer:

3x + 2

Step-by-step explanation:

Distribute

6 + 1 − 3 + 1

Add the numbers

6 + 2 − 3

Combine like terms

3x + 2

Please help I need it

Answers

Answer:

A. Yeah

Step-by-step explanation:

A. I think what that guy said is right

GEOMETRY!!! Will give brainliest

Answers

I think it’s square because there is a cross section on the two sides of the square that are parallel to each other :)
The cross section is a triangle

Pls answer and show work!!
Marcos can eat 9 redhots in 15
seconds. At this rate, how
many red hots can he eat in 90
seconds?

Answers

Answer:

54

Step-by-step explanation:

90 divided by 15 is 6

9 times 6 is 54

Mark me as brainliest if this helps!

Answer - 54 red hots

Step-By-Step Explanation

9 divided by 15 = 6

9 x 6 = 54

determine the solution using substitution y=3/2x-6 2y=7-4x

Answers

Answer:

x = 19/7 , y= -27/14

Step-by-step explanation:

(19/7, -27/14) x= 19/7 y=-27/14

Which list shows the runners in order by their completion times from fastest to slowest

Answers

Answer:

answer is D

Step-by-step explanation:

12+1/2=12.5          12+2/5=12.4

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