A loan of 28,000 is made at 4% interest, compounded annually. After how many years will the amount due reach 48000 or more?

Answers

Answer 1

Answer:

The time is 13.7 years.

Step-by-step explanation:

principal, P = 28000

Rate of interest , R = 4 % annually

Amount, A = 48000

Let the time is t.

Use the formula of the compound interest.

[tex]A = P\times \left ( 1+\frac{r}{100} \right )^t\\\\48000 = 28000\times \left ( 1+\frac{4}{100} \right )^t\\\\1.71 = 1.04^t\\\\log 1.71 = t log 1.04\\\\t =\frac{0.233}{0.017}\\\\t = 13.7 years[/tex]


Related Questions

5/√2+9/√8-2√50+√32 rationalise the denominator and simplify

Answers

The simplification of the expression is  [tex]\frac{15\sqrt{2} }{4}[/tex]

How to rationalize the denominator

First, find the factors of the number that ahs square root

Given,

= [tex]\frac{5}{\sqrt{2} } + \frac{9}{\sqrt{6} } - \frac{2}{\sqrt{50} } + \sqrt{32}[/tex]

Multiply the numerators by the surd of the denominators

= [tex]\frac{5 *\sqrt{2} }{\sqrt{2}*\sqrt{2 } } + \frac{9 *\sqrt{8} }{\sqrt{8}* \sqrt{8} } - \frac{2 *\sqrt{50} }{\sqrt{50 * \sqrt{50} } } + \sqrt{32}[/tex]

Multiply through and find their square root

= [tex]\frac{5\sqrt{2} }{2} + \frac{18\sqrt{2} }{8 } - \frac{10\sqrt{2} }{50} + 16\sqrt{2}[/tex]

To simply, we have

= [tex]\frac{5\sqrt{2} }{2}+ \frac{9\sqrt{2} }{4} + \frac{1\sqrt{2} }{5} + 16\sqrt{2}[/tex]

Find the LCM

= [tex]\frac{10\sqrt{2} + 45\sqrt{2}+ 4\sqrt{2} + 16\sqrt{2} }{20}[/tex]

Add through

= [tex]\frac{75\sqrt{2} }{20}[/tex]

= [tex]\frac{15\sqrt{2} }{4}[/tex]

Thus, the simplification of the expression is  [tex]\frac{15\sqrt{2} }{4}[/tex]

Learn more about surds here:

https://brainly.in/question/4594146

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A city has a property tax rate of 70 mills and an assessment level of 40%.
What is the effective property tax rate? Round your answer to the nearest
tenth of a percent.

Answers

Mill rate is a tax rate—the amount of tax payable per dollar of the assessed value of a property. Mill is derived from the Latin word millesimum, meaning thousandth. As used in property tax, 1 mill is equal to $1 in property tax levied per $1,000 of a property's assessed value.

Select the correct answer.
Which graph represents this equation?
Y=3/2x to the second -6x

Answers

Answer:

the answer is D

Step-by-step explanation:

First you make the y = 0 then you swap the sides

3/2x^2-6x=0 then you factor the expressions X * (3/2x-6)=0. when the product of factors 0, one of the factors are 0.  X=0 finally solve for the other X. 3/2x-6=0  X=0 X=4  

The National Center for Education Statistics would like to test the hypothesis that the proportion of Bachelor's degrees that were earned by women equals 0.60. A random sample of 140 college graduates with Bachelor degrees found that 75 were women. The National Center for Education Statistics would like to set α = 0.10. The conclusion for this hypothesis test would be that because the absolute value of the test statistic is __________________________________.

Answers

This question involves the hypothesis test for the proportion. First we build the hypothesis, then find the test statistic, and according to the test statistic, we get the following answer:

The conclusion for this hypothesis test would be that because the absolute value of the test statistic is less than the critical value of 1.645, we do not reject the null hypothesis that the proportion of Bachelor's degrees that were earned by women equals 0.60.

-------------------------------------------------------------------

The National Center for Education Statistics would like to test the hypothesis that the proportion of Bachelor's degrees that were earned by women equals 0.60

This means that at the null hypothesis, it is tested if the proportion is of 0.6, that is:

[tex]H_0: p = 0.6[/tex]

At the alternative hypothesis, we test if the proportion is different of 0.6, that is:

[tex]H_1: p \neq 0.6[/tex]

-------------------------------------------------------------------

Decision rule:

Two-tailed test(test if the proportion is different of a value), so we exclude the top and bottom 0.1/2 = 0.05, meaning that looking at the z-table, we find a critical value of [tex]|Z_c| = 1.645[/tex], and the decision rule is:

Accept the null hypothesis: [tex]|Z| < 1.645[/tex]

Reject the null hypothesis: [tex]|Z| > 1.645[/tex]

-------------------------------------------------------------------

Test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

0.6 is tested at the null hypothesis:

This means that [tex]\mu = 0.6, \sigma = 0.4[/tex]

75 out of a sample of 140:

This means that:

[tex]n = 140, \pi = \frac{75}{140} = 0.5357[/tex]

-------------------------------------------------------------------

Value of the test statistic:

[tex]z = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]z = \frac{0.5357 - 0.6}{\frac{\sqrt{0.6*0.4}}{\sqrt{140}}}[/tex]

[tex]z = -1.55[/tex]

So |z| = 1.55

-------------------------------------------------------------------

Decision:

The conclusion for this hypothesis test would be that because the absolute value of the test statistic is less than the critical value of 1.645, we do not reject the null hypothesis that the proportion of Bachelor's degrees that were earned by women equals 0.60.

For a similar example, you can check https://brainly.com/question/24166849

Convert:5.6 L INTO Milliters

Answers

Answer:

5600 ml

Step-by-step explanation:

1 L = 1000 ml

5.6 L = 5.6 × 1000 = 5600 ml

Michael says that the reciprocal of a number is always larger than the number. Show how Michael is wrong

Answers

Answer:

Step-by-step explanation:

Take example of 5/4.

Reciprocal= 4/5

5/4>4/5

so reciprocal of a no. may be greater than or equal to the original no.

Which exponential function has an x-intercept?

Answers

Answer:

y = a^x is an exponential function with an x intercept.

Step-by-step explanation:

y = a^x is the standard form of an exponential function.

What are the coefficients for the binomial expansion of (a + b)^3?

Answers

Answer:

coefficient of 1st, 2nd, 3rd and 4th term are 1, 3,3,1 respectively. (required coefficient)

Step-by-step explanation:

I'm Timed
Which situation could this expression represent?
6 + 15 ÷ 3

Michael has 6 stamps in his collection. He adds 15 more stamps to the collection. He divides the collection into 3 piles. How many stamps are in each pile?

Walter has 6 stamps in his collection. He divides the stamps evenly into 3 piles and adds 15 new stamps to one of the piles. How many stamps are in this pile?

Andy has 15 stamps in his collection. He divides the stamps evenly into 3 piles and adds 6 stamps to one of the piles. How many stamps are in this pile?

Brycen has 15 stamps in his collection. He adds 6 more stamps to the collection. He divides the collection into 3 piles. How many stamps are in each pile?

Answers

It would be C. Because PEMDAS. Division goes first in this equation. So it’d be 15 divided by 3 plus 6

Answer:

It's Micheal because he started with 6 and added 15 and he divided them into 3 piles

NOW ASAP PLEASE NEED FAST ANSWERRRRRRRR

Answers

Let's take any 2 points from the line.

1. (-4,-2)

2. (-2,-7)

[tex]slope \\ = \frac{Δy}{Δx} \\ = \frac{y_{2} - y_1}{x_{2} - x_1} \\ = \frac{ 7 - ( - 2)}{ - 2 - ( - 4)} \\ = \frac{5}{2} \\ = 2 \frac{1}{2} \\ = 2.5[/tex]

SEE QUESTION IN IMAGE

Answers

Answer:

b) 16.8 g

Step-by-step explanation:

The modal group is 10-20, as it has the greatest frequency of 27.

Estimated mode is calculated by formula:

EM = L + (f(m) - f(m-1))/(f(m) - f(m-1) + f(m) - (f(m+1))*w,

where

L-  lower class boundary of the modal group =10 fm-1 - frequency of the group before the modal group = 10 fm - frequency of the modal group =27 fm+1 - frequency of the group after the modal group = 19 w - group width = 10

Substitute values to get:

EM = 10 + (27 - 10)/(27 - 10 + 27 - 19)*10 = 16.8

the Marked price of an article is rupees 1600 if it is sold for rupees 1472 what is the discount rate​

Answers

Step-by-step explanation:

1600-1472=128

128/1600×100

Can somebody help me please!!!!!

Answers

Answer:

0

Step-by-step explanation:

g[f(x)] = x^2 - 3

= 3x^2

if gf(0) = 3(0)^2

= 0

James walks to a coordinate of (4, 5) and then to (1, 2) which joins the two coordinate in a straight line.Find the: (i) Gradient (m) of the line joining the two points. (ii) Equation of the line joining the two points.​

Answers

Answer:

gradient = slope = 1

Y =1X +1  is the equation

Step-by-step explanation:

x1 y1  x2 y2

4 5  1 2

   

(Y2-Y1) (2)-(5)=   -3  ΔY -3

(X2-X1) (1)-(4)=    -3  ΔX -3

   

slope= 1          

B= 1          

   

Y =1X +1    

Question 9 (5 points)
3
6
9
--
What's the approximate measure of one interior angle of the regular polygon shown?
12
A) 1,620°
>
15
B) 220°
C) 2.7°
18
D) 147.3°

Answers

Answer:

147.3

Step-by-step explanation:

this is an hendecagon there is 11 sides the total interior measure is 1,620 if you divide that by each side which would be 11 you get 147.272727 which would ultimately round up to be 147.3

SOMEONE HELP PLSSS

3. Which ratio would NOT be involved in the altitude or leg rule?

Answers

Answer:

AB/AD = AD/AC

Step-by-step explanation:

From the triangle given, we can get the required expression to calculate CD using the altitude theorem as shown:

AB/CB = CB/DB (Hypotenuse/Adjacent side using the similar triangle ABC and CDB)

AB/AC = AC/AD (Hypotenuse/Opposite side using the similar triangle ABC and ACD)

BD/CD = CD/AD (Adjacent/Opposite side using the similar triangle BCD and ACD)

Hence the odd one out will be option C AB/AD = AD/AC (since there is no altitude CD in the expression)

Answer:

AB/AD = AD/AC

Step-by-step explanation:

Had it on my quiz

Which is an equivalent equation solved for g? StartFraction A t Over 60 EndFraction equals g.= g StartFraction A Over 60 t EndFraction equals g. = g StartFraction 60 A Over t EndFraction equals g. = g 60At = g

Answers

Answer:

A. StartFraction A t Over 60 EndFraction equals g

g = At/60

Step-by-step explanation:

The goals against average (A) for a professional hockey goalie is determined using the formula A = 60 a equals 60 left-parenthesis StartFraction g Over t EndFraction right-parenthesis.. In the formula, g represents the number of goals scored against the goalie and t represents the time played, in minutes. Which is an equivalent equation solved for g?

A. StartFraction A t Over 60 EndFraction equals g

B. StartFraction A Over 60 t EndFraction equals g

C. StartFraction 60 A Over t EndFraction equals g. = g 60At = g

Given equation:

A = 60(g/t)

Where,

A = Average goal

g = number of goals scored against the goalie

t = the time played

Which is an equivalent equation solved for g?

A = 60(g/t)

Open parenthesis

A = 60g / t

Cross product

A * t = 60g

At = 60g

Divide both sides by 60

g = At/60

Answer:

At/60 = g

( option A )

HEEEEEEEEEEEEEEEEEEEELP

Answers

Answer:

5:30 PM

Step-by-step explanation:

35 mp ½ hour = 70 mph

245 miles ÷ 70 mph = 3½ hours

2PM + 3½ hours = 5:30 PM

can someone plz make a histogram for the numbers 60,60,65,71,72,75,80,88,92,95,100,152​

Answers

Answer:

lol sorry i don't know. but i would try my best to find your answer

(x^2+2x+1)+(-x^2+x+3)

Answers

Answer:

3x+4

Step-by-step explanation:

You have to combine like terms to get 3x+4.

find the trigonometric ratio tan m multiple choice

Answers

Answer:

a/b

Step-by-step explanation:

Tan = Opposite/Adjacent

Therefore, Tan M = a/b.

#4 i
WRITING Would you solve the equation 0.25x + 7 = {x-8 using fractions or decimals? Explain.

Answers

Answer:

7x3 is 21 so 22 Is the answer

One angle on the base of an isosceles triangle is 30°. What is the measure of its vertical angle?​

Answers

Answer:

120 degrees

Step-by-step explanation:

vertical angle of isoceles = 180 - 2(base angles) = 180 - 2(30) = 120

Answer:

isosceles triangle means both angle or sides equal so in this way

unknown angle + 30 + 30 = 180°

unknown angle+60=180

so unknown angle=120°

which is vertical angle

determine the equation of a perpendicular line to y= -3/5x + 14, y-intercept 8

Answers

9514 1404 393

Answer:

  y = 5/3x +8

Step-by-step explanation:

The slope of the perpendicular line is the opposite reciprocal of the slope of the given line. The given slope is -3/5, so the perpendicular slope is ...

  -1/(-3/5) = 5/3

That and the given y-intercept can be put into the slope-intercept equation ...

  y = mx + b . . . . . line of slope m and y-intercept b

  y = 5/3x + 8

2x(3x - 2) + (3x - 2)
let's writefollowing expression as product of their factor.​

Answers

Answer:

6 x ^2  −  x −  2

Step-by-step explanation:

Remove parentheses.

2 x  ( 3 x  −  2 ) +  3 x  −  2

Simplify each term.

6 x ^2  −  4 x  +  3 x  −  2

Add  − 4 x  and  3 x .

6 x ^2  −  x −  2

Answer:

(3x - 2)(2x + 1)

Step-by-step explanation:

Given

2x(3x - 2) + (3x - 2) ← factor out (3x - 2) from each term

= (3x - 2)(2x + 1) ← as a product of factors

please show me the steps to solve this

2n^2 = -144

Answers

Answer: [tex]\large \boldsymbol{} \pmb{6\sqrt{2} i}[/tex]

Step-by-step explanation:

[tex]\large \boldsymbol{} \bf i=\sqrt{-1} \\\\ 2n^2=-144 \\\\n^2=-72 \\\\n=6\sqrt{2} i[/tex]

[tex]\\ \sf\longmapsto 2n^2=-144[/tex]

[tex]\\ \sf\longmapsto n^2=\dfrac{-144}{2}[/tex]

[tex]\\ \sf\longmapsto n^2=-72[/tex]

[tex]\\ \sf\longmapsto n=\sqrt{-72}[/tex]

[tex]\\ \sf\longmapsto n=8.4i[/tex]

From deltamath.com please help I’m loss

Answers

Answer:

y(x)=2866.59*(1.06)^x

Step-by-step explanation:

Let the exponential equation be y=a*b^x. Using y(7) and y(4) we can find the value of b, y(7)/y(4)=b^3=4300/3619, b=1.06. Next, y(4)=a*(1.06)^4=3619, a=2866.59. The equation is y(x)=2866.59*(1.06)^x

27x + 24y= 4.5

1.5x + y =0.225

Answers

Answer:

x = 0.1, y = 0.075

Step-by-step explanation:

Given the 2 equations

27x + 24y = 4.5 → (1)

1.5x + y = 0.225 → (2)

Multiplying (2) by - 24 and adding to (1) will eliminate the y- term

- 36x - 24y = - 5.4 → (3)

Add (1) and (3) term by term to eliminate y

- 9x = - 0.9 ( divide both sides by - 9 )

x = 0.1

Substitute x = 0.1 into either of the 2 equations and solve for y

Substituting into (2)

1.5(0.1) + y = 0.225

0.15 + y = 0.225 ( subtract 0.15 from both sides )

y = 0.075

Answer:

the values for x AND y are 0.1 and 0.075 respectively

Which function is shown in the graph? A. y = (2 + x)/(1 - x) B. y = 5/(3 - x) c . y = (5x)/(1 + x) d. y = (5 + 3x)/(1 + x)

Answers

Answer:

I believe it's D

Step-by-step explanation:

You plug in 0 and you get 5 as your Y value

The function of the graph is y = (5 + 3x)/(1 + x), so the correct option is d.

What is graph?

A graph contains data of which input maps to which output.

Analysis of this leads to the relations which were used to make it.

If we know that the function crosses x axis at some point, then for some polynomial functions, we have those as roots of the polynomial.

The graph is first shifted to the right by 4 units and another one to the left by 1/2.

So, we have:

y = (5 + 3x)/(1 + x)

Hence, the function of the graph is y = (5 + 3x)/(1 + x)

Read more about function transformation at:

brainly.com/question/4289712

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M angle a=40° then m angle b=?​

Answers

Answer:

not enough info

Step-by-step explanation:

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