You deposit $500 in an investment account. The rate of growth is 6% a year. If you make no further deposits or withdrawals, and the investment is allowed to grow uninhibited, how long will it take for your investment to reach $1,500? Round to the nearest tenth.
A. 18.3 years
B. 45.1 years
C. 27.6 years
D. 8.0 years

Answers

Answer 1
Try B it might be correct and double check!
Answer 2

With the given compound interest of 6% per year to reach the investment at $1500, it will take 18.3. years thus option (A) is correct.

What is compound interest?

Compound interest is applicable when there will be a change in principal amount after the given time period.

For example, if you give anyone $500 at the rate of 10% annually then $500 is your principle amount. After 1 year the interest will be $50 and hence principle amount will become $550.

As per the given,

Principle amount P = $500

Rate of interest r = 6% annually

Total investment = P(1 + r)^T

1500 = 500(1 + 0.06)^T

300 = 1.06^T

Take natural logs on both sides

ln300 = T ln1.06

T = 18.3 years

Hence "With the given compound interest of 6% per year to reach the investment at $1500, it will take 18.3. years".

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Related Questions

Need help with the answer??

Answers

angle B is teh answer

100% sure !

Plz mark me brainliest

Thare are 2 yellow 3 pink and 5 blue. What is the possibility of drawing two pink marbles if the first one is placed back in the bag before the second draw?​

Answers

Answer:

3/10

Step-by-step explanation:

The table represents the balance of Fernando’s loan, y, over a period several months, x. He used technology to create the scatter plot shown and determine the best fit equation to model the data: y = -440.91x + 22,060.70. Determine how long it will take to reach the given balances.

Answers

Answer:

The balance of the loan will be approximately $15,000. - Month 16

The balance of the loan will reach $0. -  Month 50

If you know how to solve this, Please answer it. Thank You

The first one to answer the question right, will get Brainlist!

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Answers

Step-by-step explanation:

f[g(X)]

=f(X+5)

=(x+3)+5

=x+8

Ans: fg(x)=x+8

Step-by-step explanation:

If you know how to solve this, Please answer it. Thank You

The first one to answer the question right, will get Brainlist!

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Someone please Help!

Answers

180 cm i think, you have to multiply

4 1/2 divied 1 5/8 please help

Answers

Answer:

36/13 (2 10/13)

Step-by-step explanation:

Convert 4 1/2 into an improper fraction: 4 1/2 = 9/2

Convert 1 5/8 to an improper fraction : 1 5/8 = 13/8

Divide: Dividing 2 fractions is the same as multiplying the first fraction by the reciprocal of the second value (the numerator becomes the denominator and the denominator becomes the numerator). 13/8 is 8/13 as a reciprocal. Next multiply the 2 numerators. 9 x 8 = 72. Then multiply the denominators. 2 x 13 = 26. Which gives 72/26. Divide both numbers by 2 which gives 36/13. 36/13 as a mixed number is 2 10/13

Answer:

36/13 (2 10/13)

Step-by-step explanation:

:)

What is the distance between (-9, -6) and (-2,-2)?
Choose 1 answer:

I NEED HELP I DONT UNDERSTAND!!

Answers

Answer:

Step-by-step explanation:

there is a formula for finding distance,

distance = sqrt [ ( x2-x1)^2 + (y2-y1)^2 ]

where point P1 = (-9.-6)  

    in the form of (x1,y1)

and point P2 = (-2,-2)  

 in the form of (x2,y2)

then

distance = sqrt [ (-2-(-9))^2 + (-2-(-6))^2 ]

distance = sqrt [ (-2+9)^2 + (-2+6)^2 ]

distance = sqrt [  [tex]7^{2}[/tex] + [tex]4^{2}[/tex] ]

distance = [tex]\sqrt{65}[/tex]

you can leave it in the form of  [tex]\sqrt{65}[/tex] because that's the most accurate , but also can make a close approximation with  8.062257748

That's all the places my calculators goes out to, the numbers continue thou.

I need help answering this question I will give Brainlyiest to any one

Answers

Answer:

It is 21

Step-by-step explanation:

I took the test

Answer:

x = 147°

Step-by-step explanation:

x = 180° - 33°

x= 147 °

Listed below are amounts of arsenic in samples of brown rice from three different states. The amounts are in micrograms of arsenic and all samples have the same serving size. The data are from the Food and Drug Administration. Use a 0.05 significance level to test the claim that the three samples are from populations with the same mean. Assume that the distributions for each state are normal and that all variances are equal.

Arkansas 4.8 4.9 5.0 5.4 5.4 5.4 5.6 5.6 5.6 5.9 6.0 6.1
California. 1.5 3.7 4.0 4.5 4.9 5.1 5.3 5.4 5.4 5.5 5.6 5.6
Texas. 5.6 5.8 6.6 6.9. 6.9 6.9 7.1 7.3 7.5 7.6 7.7 7.7

Answers

Answer:

Texas Texas Texas is I think right

No, the claim that the three samples are from populations with the same mean is not correct and this can be determined by using the given data.

Given :

The amounts are in micrograms of arsenic and all samples have the same serving size. The data are from the Food and Drug Administration. Use a 0.05 significance level.

The Hypothesis test is given below:

Null Hypothesis: [tex]H_0:\mu_1=\mu_2=\mu_3[/tex]

Alternative Hypothesis: [tex]H_a:\mu_1\neq \mu_2\neq \mu_3[/tex]

For the F-test, the test statistics is given by:

[tex]F = \dfrac{MS_{\rm{between}}}{MS_{\rm{within}}}[/tex]

Now, substitute the values of known terms in the above expression.

[tex]F = \dfrac{15.8252}{0.6896}[/tex]

[tex]F = 22.95[/tex]

So, the p-value regarding the value of F is:

[tex]P-value=P(F>22.95)[/tex]

[tex]P-value = 1.0.9999[/tex]

[tex]P-value = 0.0001[/tex]

The Null Hypothesis is rejected because P-value is less than the significance value.

For more information, refer to the link given below:

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find the radian measure of the angle 55°​

Answers

Answer:

[tex]55 degree= \frac{\pi }{180}\times55=\frac{11\pi }{36} =0.9599 radians[/tex]

Step-by-step explanation:

[tex]180 degree= \pi radian\\1 degree= \frac{\pi }{180}\\55 degree= \frac{\pi }{180}\times55=\frac{11\pi }{36} =0.9599 radians[/tex]

What is the measure, in degrees, of angle b?

Answers

The top angle is the same as the bottom angle, since they are vertically opposite angles.

b+20=40

b=40-20

b=20

It is also 20 degrees.

Answer:

Step-by-step explanation:

angle b+20 degree=40 degree(being vertically oppoite angles)

angle b=40-20

angle b=20

therefore angle b=20 degree.

point a is at (-7 5) and point c is at (5 -1). find the coordinates of point b on line ab such that ab is 5 times as long as bc

Answers

Step-by-step explanation:

Let the coordinates of point b be (x,y).

Given the coordinates of a (-7,5) and c(5,-1)

Now according to question

ab = 5bc

using distance formula

[tex]\sqrt{(x+7)^2+(y-5)^2} =5\sqrt{(5-x)^2+(-1-y)^2}[/tex]

Solving we can get

[tex]x=-\frac{-11+\sqrt{-4y^2-10y+25}}{2},\:x=\frac{\sqrt{-4y^2-10y+25}+11}{2}[/tex]'

However, we do need either x or y coordinate of point b to find the other.

There are 6 shipping boxes that each ocontain 36 lbs 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 pounds.
How much additional weight was added to each box?

Answers

Answer:

7kg

Step-by-step explanation:

258 / 36 = 7.16

the nearest ten, 7.20

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If v=9i + 12j , find |v|​

Answers

Answer:

=12j + 9i

Step-by-step explanation:

some please help i’ll give brainliest

Answers

Answer:

Statement                     Reason

∠1 = ∠2                          Given

AP = BP                          Given

∠APD = ∠BPC                Vertical angles

Therefore, by ASA , ΔAPD ≅ ΔBPC

. If you roll two dice, what is the probability of rolling a not rolling a
double with a sum greater than 7? Give answer as a fraction in simplest
form. *

Answers

With two dice, you can get sums of between 2 and 12,

Find the equilibrium solutions. Enter your answer as a list of ordered pairs (A,L), where A is the number of aphids and L the number of ladybugs. For example, if you found three equilibrium solutions, one with 100 aphids and 10 ladybugs, one with 200 aphids and 20 ladybugs, and one with 300 aphids and 30 ladybugs, you would enter (100,10),(200,20),(300,30). Do not round fractional answers to the nearest integer.

Answers

It is that the o e the o it

The Required equilibrium solution are (400, 40) (500, 50) (600,60).



To find the equilibrium solutions and to enter answer as a list of ordered pairs (A,L), where A is the number of aphids and L the number of ladybugs.

What is equation?

equation is the relationship between variable and represented as y =ax+b    is example of polynomial equation.

since the equilibrium solution given by the expression


L = 10A
where A is the number of aphids and L the number of ladybugs.


And ordered pairs with equilibrium solution  of one with 400 aphids and 40 ladybugs, one with 500 aphids and 60 ladybugs and one with 600 aphids and 60 ladybugs  are (400, 40) (500, 50) (600,60).

Thus, The Required equilibrium solution are (400, 40) (500, 50) (600,60).

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Which type of car had the largest range in monthly sales? Explain how you came up with your answer.

Answers

Answer:

Can you please attach a picture of the question so I can help?

Step-by-step explanation:

PLEASE HELP Which is the least common multiple of 18, 36, and 45 A 90 B 180 C 450 D 900​

Answers

B

Least common multiple can be found by multiplying the highest exponent prime factors of 36 and 45.

solve and explain your reasoning (x+3)=-6​

Answers

Answer:

(x+3)=-6

x=-6-3

x=-9

Step-by-step explanation:

Hope it helps!

When side changes positive changes into negative.

quickly answer or ill take this question down

Answers

The cross sectional shape is a circle.

In a survey based on a random sample of high school seniors at Roosevelt High School,
60% of those surveyed said they do more than 2.5 hours of homework per day. Based on this
data which of the following conclusions are valid? (Choose 2)

A) Less than 60% of all seniors at Roosevelt do more than 2.5 hours of homework per day.

B) About 60% of seniors at Roosevelt do more than 2.5 hours of homework per day.

C) About 40% of all seniors at Roosevelt do less than 2.5 hours of homework per day.

D) 40% of seniors at Whitney do no homework.

Answers

A is the answer to your question!

Solve the system of equations using the substitution method.

{2x+8y=4x=−3y+5



Enter your answers in the boxes.

x=


y=

Answers

Answer:

[tex]x = 14[/tex]

[tex]y = -3[/tex]

Step-by-step explanation:

Given

[tex]2x + 8y =4[/tex]

[tex]x = -3y + 5[/tex]

Required

Solve

Substitute [tex]x = -3y + 5[/tex] in [tex]2x + 8y =4[/tex]

[tex]2(-3y + 5) + 8y =4[/tex]

Open bracket

[tex]-6y + 10 + 8y =4[/tex]

Collect like terms

[tex]-6y + 8y =4-10[/tex]

[tex]2y =-6[/tex]

Divide both sides by 2

[tex]y = -3[/tex]

Substitute [tex]y = -3[/tex] in [tex]x = -3y + 5[/tex]

[tex]x = -3 * -3 + 5[/tex]

[tex]x = 9+ 5[/tex]

[tex]x = 14[/tex]

PLEASE HELP

A bag hes 10 red marbles, 3 green marbles,
7 yelow marbles, and 5 blue merbles. What is
the probability of crowing a red marble and
then g, blue, marble without replacing the first?

Answers

Answer:

[tex]\frac{3}{5}[/tex]

Step-by-step explanation:

Probability is the chance of an event happening. One finds the probability of an event by using the following general formula,

[tex]\frac{desired}{total}[/tex]

In this case, the desired outcome is pulling whether a red or blue marble from the bag, the desired equals the sum of the number of red and blue marbles.

(red) + (blue)

= 10 + 5

= 15

The total number of marbles is the sum of all the number of marbles in the bag.

(red) + green)  + (yellow) + (blue)

= 10 + 3 + 7 + 5

= 25

Now substitute these values into the formula to find the probability, then simplify,

[tex]\frac{15}{25}[/tex]

Divide both the numerator and denominator by (5),

[tex]\frac{3}{5}[/tex]

What is the missing number?
The possible answers are -19, 19, 24 and -15​

Answers

Answer:

15 because it says -(-2) so that means it is negative in something so your answer will be 15

Step-by-step explanation:

The answer is -19

Explanation:

Let the unknown number be x

x - (-2) = -17
x + 2 = -17
x = - 17 - 2
x = -19

Can someone please help, ty!
Will mark brainliest!

Answers

Answer:

I think it is -31

Step-by-step explanation:

-4(5) -11 = -31

Answer:

-31

Step-by-step explanation:

First you substitute in 5 for all of the x in the equation, making

f(5) = -4(5) - 11

Then you just have to simplify from there.

f(5) = -20 - 11

f(5) = -31

how many different California license plates can be made if there has to be one number followed by three letters followed by three more numbers

Answers

Answer:

175,760,000 different California license plates can be made.

Step-by-step explanation:

Possible outcomes for each number of letter:

10 numbers(from 0 to 9) and 26 letters.

Format of the plate:

Number - letter - letter - letter - number - number - number

The numbers of possible outcomes are:

10 - 26 - 26 - 26 - 10 - 10 -10

How many different plates?

We multiply these values. So

10*26*26*26*10*10*10 = 175,760,000

175,760,000 different California license plates can be made.

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MATH




CONVERT EACH MEASUREMENT

25FT TO YARDS

SHOW STEPS ALL HOW YOU GOT THE ANSWER

Answers

Answer:

8.333... Yards.

Step-by-step explanation:

To convert feet to yards, divide the feet by 3.

[tex]\frac{25}{3} = \frac{25}{3}/8.333...[/tex]

To check work

Multiply 8.333... by 3.

8.333 · 3 = 24.999...

It Is Not Exactly 25 Because The 3 Is Infinite But It Is Enough To Prove Your Answer.

TT is an unending decimal. Find the
circumference of the circle below using
exact TT.
C = [?]TT
8
c=
2r

Answers

Answer:

C = 16 pi

Step-by-step explanation:

The circumference is given by

C = 2*pi*r

C = 2* pi*8

C = 16 pi

Answer:

Solution given:

radius [r]=8

Now

we have

circumference of circle=2πr=2*8*π=16π

16 is a required answer.

which of the following is not a solution of -2 is less than or equal to x less than 5​

Answers

Answer:

See Explanation

Step-by-step explanation:

Given

[tex]-2 \le x < 5[/tex]

Required

Which is not a solution

The options are not given. So, I will list out the solutions, instead.

We have:

[tex]-2 \le x < 5[/tex]

This implies that: x starts from -2 and ends at 4

[tex]x = \{-2,-1,0,1,2,3,4\}[/tex]

Any number outside the above is not a solution of [tex]-2 \le x < 5[/tex]

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