Sal invests $16,000 at age 35. He hopes the investment will be worth $320,000 when he turns 40. If the interest compounds continuously, approximately what rate of growth will he need to achieve his goal? Round to the nearest tenth of a percent.

Answers

Answer 1

59.9%

Sorry I don’t have time to explain in the middle of an exam

Answer 2

The rate of growth needs to be 59.9%.

The formula used to determine the future value of an investment when interest is compounded continuously is:

FV =  A x [tex]e^{r}[/tex] x N

A= amounte = 2.7182818 N = number of years r = interest rateFV = future value

$320,000 = $16,000 x [tex]e^{r}[/tex] x 5

Divide both sides by $16,000

20 = 5[tex]e^{r}[/tex]

Take the In of both sides

In(20) = 5r

Divide both sides by 5

r = 59.9%

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Related Questions

2.
The bus is 33.5 feet long. The city train is 45.9 feet longer than the bus. How long
is the city train?

Answers

Answer:

88.4

Step-by-step explanation:

33.5 + 45.9 = 88.4

The length of the city train is 79.4 feet.

What is an expression?

An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.

Example: 2 + 3x + 4y = 7 is an expression.

We have,

Length of the Bus = 33.5 feet.

Length of the City train:

= Length of the Bus + 45.9

= 33.5 + 45.9

= 79.4 feet.

Thus,

The city train is 79.4 feet.

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write down the cordinates of the point where the line with the equation is y=3x-5 crosses the y axis

Answers

Answer:

(0, -5)

Step-by-step explanation:

The answer is in the equation you gave for the line. In the formula for the equation of a line, y = mx + b, b is the y-intercept, and since because the y-intercept is shown in a graph in the form of (0,b), the answer is (0, -5).

Write the equation of the line that goes through (-2, 0) and (4,3).


A.) y=-1/2x
B.) y=1/2x+1
C.) y=2x+1
D.) y=x+1/2

Answers

Answer:

B

Step-by-step explanation:

I just put in in the desmos graphing calculator

Solve the simultaneous equations
5x-y=5
2y-x²=11
YOU MUST SHOW YOUR WORKING

Answers

Answer:

Correct Equations:-

[tex]\sf 5x-y=5 \\ \sf 2y-x=11 [/tex]

solution:-

[tex]\sf 5x-y=5\dots\dots(1)[/tex]

[tex]\sf -x+2y=11 \dots\dots (2)[/tex]

We use elimination method By multiplying eq (1) by 2 and eq (2) by 1 we get

[tex]{:}\longrightarrow[/tex][tex]\sf 10x-2y=5\dots\dots(3)[/tex]

[tex]{:}\longrightarrow[/tex][tex]\sf -x+2y=11\dots\dots (4)[/tex]

______________________Add eq (3) and eq (4)

[tex]{:}\longrightarrow[/tex][tex]\sf 4x=16 [/tex]

[tex]{:}\longrightarrow[/tex][tex]\sf x={\dfrac {16}{4}}[/tex]

[tex]{:}\longrightarrow[/tex][tex]\sf x=4 [/tex]

Substitute the value in eq (2)

[tex]{:}\longrightarrow[/tex][tex]\sf -4+2y=11[/tex]

[tex]{:}\longrightarrow[/tex][tex]\sf 2y=11+4 [/tex]

[tex]{:}\longrightarrow[/tex][tex]\sf 2y=15 [/tex]

[tex]{:}\longrightarrow[/tex][tex]\sf y={\dfrac {15}{2}}[/tex]

[tex]\therefore[/tex][tex]\sf (x,y)=(4,{\dfrac {5}{2}})[/tex]

Answer:

(3, 10 ) and (7, 30 )

Step-by-step explanation:

Given the 2 equations

5x - y = 5 → (1)

2y - x² = 11 → (2)

Rearrange (1) expressing y in terms of x

y = 5x - 5 → (3)

Substitute y = 5x - 5 into (2)

2(5x - 5) - x² = 11

10x - 10 - x² = 11 ← rearrange into standard form

x² - 10x + 21 = 0 ← in standard form

(x - 3)(x - 7) = 0 ← in factored form

Equate each factor to zero and solve for x

x - 3 = 0 ⇒ x = 3

x - 7 = 0 ⇒ x = 7

Substitute these values into (3) for corresponding values of y

x = 3 → y = 5(3) - 5 = 15 - 5 = 10 ⇒ (3, 10 )

x = 7 → y = 5(7) - 5 = 35 - 5 = 30 ⇒ (7, 30 )

50 POINTS! ONLY ANSWER IF KNOW! PLEASE HELP! CAPTURE BELOW

Answers

Answer:

84

It took a while

What is the solution to this equation?
–0.2(x – 20) = 44 – x

Answers

Answer: x=50

Step-by-step explanation:

Use the distributive property to multiply -0.2 by x-20.

-0.2x+4=44-x

Add x to both sides.

-0.2x+4+x=44

Combine -0.2x and x to get 0.8x.

0.8x+4=44

Subtract 4 from both sides.

0.8x=44-4

Subtract 4 from 44 to get 40.

0.8x=40

Divide both sides by 0.8.

x=40/0.8

Expand 40/0.8 approx 50 by multiplying both numerator and the denominator by 10.

X=400/8

Divide 400 by 8 to get 50.

x=50

Which number is greater than the absolute value of − 3 8 ?

Answers

Answer: i have no idea what number you tried to say but here are a few options for what it could be...

the absolute value of -3 is 3

the absolute value of 8 is 8

the absolute value of -3/8 is 3/8

the absolute value of -38 is 38

Step-by-step explanation:

absolute value means how far the number is from zero, it does not take into account whether the number is positive or negative

If m = 50, what is the value of the expression below?

0.44m + 23

A. 22
B. 45
C. 67
D. 117

SHOW YOUR WORK PLZSSSSSSSS

Answers

Answer:

B. is your answer dear

Step-by-step explanation:

0.44*50+23

22+23 = 45

hope you got it.

Which equation in slope-intercept form has a graph that passes through
the point (-3,6) and has a slope of 2 ?

Answers

Answer:

Step-by-step explanation:

y - 2 = 2(x + 3)

y - 2 = 2x + 6

y = 2x + 8

write an equation in slope-intercept form for the line with slope -3/5 and y-intercept -2. :))

Answers

Answer:

Step-by-step explanation:

Given m=-3/5 ; c = -2

y =mx + c

y= (-3/5)x -2

lol help please! y=?x+?

Answers

Answer:

y= 1/2x + -3

Step-by-step explanation:

it starts at -3, and climbs by 1/2 points every time. (remember, 1/2 can be read as rise/run. Rise one, run 2)

PLEASE HELPPP!!!! When Jason came to school he said he was the imposter in three of the sixteen games he played. Claire said she was the imposter in one-fourth of the games he played.

Who was the imposter more often?

Answers

Answer: Claire

Jason = 3/16

Claire = 4/16

Step-by-step explanation:

1/4 x 16 = 4

4/16

Los ingresos de una familia son el sueldo del padre de $ 560.400 y el aporte del hijo mayor de $280.600. El 34% de estos ingresos se destinan al pago del arriendo de la casa y el 50% de lo restante corresponde al costo de la alimentación de la familia.
1.- ¿Cuánto gasta esta familia en alimentación?
2.- ¿Qué porcentaje de los ingresos corresponden a los gastos de alimentación?

Answers

Answer:

ITS SPANISH ENGLSIH PLEZ

Step-by-step explanation:

13/10 ​ start fraction, 13, divided by, 10, end fraction of a number is what percentage of that number?

Answers

Answer:

1.3??

Step-by-step explanation:

Answer:

130%

Step-by-step explanation:

Let x be the unknown number.

of the unknown number = [tex]\frac{13}{10}[/tex] [tex]x^{}[/tex]= 1.3x

We need to find the [tex]\frac{13}{10}[/tex] of a number is what percent of that number.

%=[tex]\frac{new value}{Inital Value}[/tex] x 100

Substitute 1.3x for new value and x for initial value in the above formula.

%=[tex]\frac{1.3x}{x}[/tex]x 100

Cancel out the common factors.

%= 1.3 x 100

%= 130

Therefore, [tex]\frac{13}{10}[/tex] of a number is 130% of that number.

Which symbol makes the following number sentence correct?

4.567 _____ 4.576

=
>

Answers

Answer:

The answer is <

Step-by-step explanation:

Nothing

If n ∥ m, which of the following statements are true? Select all that apply.

Answers

Answer:

c

Step-by-step explanation:

becuase 20+60 is 80

Please help!
Find all the missing angles ??

Answers

Answer:

A 62°

B 118°

C 62°

D 118°

E 50°

F 58°

G 120°

H 120°

I 120°

J 60°

K 60°

L 60°

M 120°

N 120°

O

P 60°

Q 35.5°

R 49°

S 35.5°

T 109°

U 71°

V 109°

W 60°

What number is missing in this equation?

(-8.7) • (-10) = ?

18.7

-18.7

87

-87

Answers

Answer:

C. 87

Step-by-step explanation:

(-8.7) • (-10) = 8.7 • 10 = 87

Correct option is C

Answer:

87

Step-by-step explanation:

what is 24% as a fraction?

Answers

24

___

100

yesssa above is right

Answer: 6/25 or 0.24! :)

help please 6th grade math foolish answers will be reported i will give brainliest

Answers

9514 1404 393

Answer:

  7 square feet per student

Step-by-step explanation:

To find "A per B", divide the quantity of A by the quantity of B. It can help to keep the units with the numbers.

Here, you want area per student, so divide area by students:

  area per student = (357 ft²)/(51 students) = 7 ft²/student

The relationship is 7 square feet per student.

After accelerating for 20 seconds, a DeLorean sports car has a wide range of speeds that it can achieve, depending on traction. The distribution of speed follows an approximately normal distribution with a mean of 80 mph and a standard deviation of 7 mph. What percentage of the trials will give the DeLorean a speed between 66 mph and 87 mph?

Answers

Answer:

81.859%

Step-by-step explanation:

We solve the question using z score formula

z = (x-μ)/σ, where

x is the raw score

μ is the population mean = 80 mph

σ is the population standard deviation = 7 mph

For x = 66 mph

z = 66 - 80/7

z = -2

Probability value from Z-Table:

P(x = 66) = 0.02275

For x = 87 mph

z = 87 - 80/7

z = 1

Probabilith value from Z-Table:

P(x = 87) = 0.84134

The probability of the trials will give the DeLorean a speed between 66 mph and 87 mph is calculated as:

P(x = 87 mph) - P(x = 66 mph)

0.84134 - 0.02275

= 0.81859

The percentage of the trials will give the DeLorean a speed between 66 mph and 87 mph?

100 × 0.81859

81.859%

What is the value of g(-4)?

Answers

The value of g(-4) is 1. The correct option is C

What is a Piece-Wise Function?

A function that has a different sub-function for different intervals of the domain is called  Piece-Wise Function

The functions for the different interval is

g(x)= [tex]\rm \sqrt[3]{x+5}[/tex] , x ≤ -4

     = -x² +11 , x > -4

The value of g(-4) will be determined by using g(x)= [tex]\rm \sqrt[3]{x+5}[/tex]

Substituting the value x = -4

g(x) = [tex]\rm \sqrt[3]{-4+5}[/tex]

g(x) = ∛1

g(x) = 1

Therefore, The value of g(-4) is 1. The correct option is C

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What is the image of (-7,5) after a diliation by a scale factor of 2 centered at the origin?

Answers

Answer:

The dilation (centered at O with a scale factor of 2) of ΔABC = ΔA'B'C' making ... After a dilation, the pre-image and image have the same shape but not the same size. ... 5. distance is NOT preserved (lengths of segments are NOT the same in all ... of dilation (-4,-9), move 16 units up and 4 units to the right to find C' at (0,7).

Step-by-step explanation:

hope this helps

If th3 coordinate point is dilated by a factor of 2, then the resulting coordinate will be at (-14, 10)

Given the coordinate point (x, y), if this coordinate is dilated by a factor "k", the resulting coordinate will be at (kx, ky)

Note that each of the coordinates was multiplied by a scale factor

For the given coordinate (-7, 5), if this coordinate point is dilated by a factor of 2, then the resulting coordinate will be at (-14, 10)

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Given that polygon ABCD≅ polygon EFGH, identify the congruent corresponding part for CD¯¯¯¯¯.

Answers

Answer:

Create a single variable linear equation that has no solution. Solve the equation algebraically to prove that it does not have a solution.

Create a single variable linear equation that has one solution. Solve the equation algebraically to prove that there is one distinct solution for the equation.

Create a single variable linear equation that has infinitely many solutions. Solve the equation algebraically to prove that there is an infinite number of solutions for the equation

Step-by-step explanation:

help please. it's urgent ​

Answers

Here u go a full detailed solution

i dont know how to find x

Answers

Answer:

not enough info, make another question with the problem attached

Step-by-step explanation:

M is the midpoint of AB and MB=50

Answers

Answer:

What we have to find?

.....

Middle School
Mathematics

Find x.

A. 8
B. 12​

Answers

Answer:

17²=15²+x²

289=225+x²

288-225=x²

64=x²

x=6

Answer:

8

Step-by-step explanation:

By Pythagoras theorem,

(hypotenuse)² =  (altitude)² + (base)²

(17)² = x² + (15)²

(17)² - (15)² = x²

289 - 225 = x²

x² = 64

x = √64

x = 8

hope this helps you!

Lucia invests $5000 at a rate of 4.5% per year compound interest. Calculate the value of her investment at the end of 7 years.​

Answers

The value of her investment at the end of 7 years is $11804

How to determine the value?

The given parameters are

Principal, P = $5000

Rate, r = 4.5%

Time, t = 7 years

The value is then calculated as:

Value = P * P(1 + r)^t

So, we have:

Value = 5000 + 5000 * (1 + 4.5%)^7

Evaluate the expression

Value = 11804

Hence, the value of her investment at the end of 7 years is $11804

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amy is 3 years older than beth and five years younger thrn jo. if beth is b years, how old is jo, in terms of b.

Answers

Jo is 3+ 5 = 8 years older than Beth and 5 years older than amy
The answer is b + 8
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