Approximately how long will it take for $700 to double if it is invested at 4% annual
interest, compounded continuously?
Round your final answer to the nearest whole year and do not label units.

Answers

Answer 1

Answer: 17 years

Step-by-step explanation:

Exponential equation for compund amount( compunded continuously):

[tex]A=Pe^{rt}[/tex] , where P= Principal value , r= rate of interest , t= time.

Given: A= 2P

r =4%= 0.04

To find : t

Substitute all values in the formula , we get

[tex]2P=Pe^{0.04t}\\\\\Rightarrow\ 2=e^{0.04t}[/tex]

Taking natural log on both sides

[tex]\ln2=\ln e^{0.04t }\\\\\Rightarrow\ 0.693147=0.04t\\\\\Rightarrow\ t=\dfrac{ 0.693147}{0.04}\\\\\Rightarrow\ t=17.3286\approx17[/tex]

hence, it will take 17 years (approx).


Related Questions

URGENT!!! From 120 to 140 find the percentage change

Answers

i believe it’s 16.6666666 but rounding should be 16.7:)
16% is the answer I think

Using the given information, match the transformed equation from a parent function of [tex]y=x^2[/tex] or [tex]y=x^3[/tex]

Question and choices below:

Answers

Step-by-step explanation:

The general form for a quadratic or cubic equation is:

y = a (x − h)ⁿ + k

If |a| is between 0 and 1, it's a vertical shrink.  If |a| is greater than 1, it's a vertical stretch.  If a is negative, there's a reflection over the x-axis.

h is the horizontal translation.  If h is positive, there's a translation to the right.  If h is negative, there's a translation to the left.  (Notice the expression in the parentheses is x − h, not x + h, so if it helps, rewrite the equation.)

k is the vertical translation.  If k is positive, there's a translation up.  If k is negative, there's a translation down.

f(x) = (x + 1)³ − 7

f(x) = 1 (x − -1)³ + -7

a = 1, h = -1, k = -7

This is y = x³ translated 1 unit to the left and 7 units down.

g(x) = -½ (x − 2)³

g(x) = -½ (x − 2)³ + 0

a = -½, h = 2, k = 0

This is y = x³ reflected over the x-axis, vertical shrink of ½, and translated 2 units to the right.

y = -(x − 4)³ − 2

y = -1 (x − 4)³ + -2

a = -1, h = 4, k = -2

This is y³ reflected over the x-axis, translated 4 units right and 2 units down.

Write the equation of the line that passes through the given points. ​(0,2) and( 2,11)

Answers

Answer:

9/2

Step-by-step explanation:

Find the slope of the line y = -2x +
2
Simplify your answer and write it as a proper fraction, improper fraction, or integer.

Answers

Answer:

The slope is -2

Step-by-step explanation:

In any equation that is in the form of this question, the slope is always the number next to x. An example could be y = 6x - 1, the slope would be 6. If we had y = -100x - 5, the slope would be -100.

Which method can you use to prove that the triangles are congruent

Answers

Answer:

HL

Step-by-step explanation:

It's a right triangle.

Answer: HL

Step-by-step explanation: because they are right triangles

I'LL GIVE BRAINLIEST! Which property of similarity can be used to prove triangles LKJ and ZYX are similar? A) SAS B) AA C) SSS D) Not enough information given

Answers

Answer:

B, because it’s Angle Angle, or (A,A)

The given triangles are similar by AA rule of similarity.

What is triangle similarity?

If two triangles have two pairs of sides in the same ratio and the included angles are also equal, then the triangles are similar.

Given are two triangles,

AA rule of similarity:

If any two angles of a triangle are equal to any two angles of another triangle, then the two triangles are similar to each other.

Here we see,

∠ K ≅ ∠ Y

∠ J ≅ ∠ X

Hence, we can say that, both are similar by AA rule.

For more references on similarity, click;

https://brainly.com/question/26451866

#SPJ2

Bruce drew a scale drawing of a house and its lot. The house's driveway, which is 17 feet
wide in real life, is 34 inches wide in the drawing. What scale did Bruce use for the drawing?

Answers

Answer:

1/6

Step-by-step explanation:

Convert 17 feet to inches. 17×12 = 204

204 inches to 34 inches.

204/34 = 6

Remember we are scaling down

204× 1/6 = 34

NVIDIA GeForce RTX 3080 10GB GDDR6X PCI Express 4.0 Graphics CarddO YOU AGREE WITH THIS STATMENT?

Answers

maybe I do

Step-by-step explanation:

or don't sjjajahausos

I personally like the GTX. I just grew up using it so it has a special place in my heart.

Sam and Jane must learn to spell certain words as part of their homework. The graph shows the number of words each one learns with respect to time. In how many minutes will they have learned to spell an equal number of words?

Answers

Answer:

5  minutes

Step-by-step explanation:

because the line intersects at 5 minutes and they each learned 60 words at 5

Answer:

5 minutes

Step-by-step explanation:

:)

the cost of a hotel room for 5 nights is $610. there is a 9.5% tax

Answers

Answer:

wrong it is 667.95

Step-by-step explanation:

Find the value of x in the following parallelogram

Answers

Answer:

x = 2

Step-by-step explanation:

5x - 6 = 3x - 2 (the two diagonals bisect each other)

2x = 4

x = 2

Topic: Polygons

If you like to venture further, feel free to check out my insta (learntionary). I'll be constantly posting math tips and notes! Thanks!

If im born in July 13th, 2007...how old will i be in 2025?

Answers

Answer:

18 years 0 months 0 days

Step-by-step explanation:

or 216 months 0 days

or 939 weeks 2 days

or 6,575 days

or 157,800 hours

or 9,468,000 minutes

or 568,080,000 seconds

Answer:

you will be 18!

Step-by-step explanation:

So if you are born In 2007 add 3 years to that. Now it's 2010 add 10 years to that. Now it is 2020. Now just add another 5 years to that and you get- 18!

16+4(c-5)=220 what is c

Answers

Answer:

c=205

Step-by-step explanation:

C=56
distribute the 4 in the parentheses then solve the equation

Nicholas hired a moving company. The moving company charged $400 for its services, and Nicholas gives the movers a 15% tip. How much does
Nicholas tip the movers?

Answers

Answer:

The Answer is $60.00

Step-by-step explanation:

i need help please
its pretty urgent

Answers

~A ~Because you multiply five times D equals 5D +5×1=5

Determine whether the lines given in each box are parallel, perpendicular, or neither
You can do it by page say page one or page two please need it by today

Answers

Answer/Step-by-sep explanation:

To determine whether the lines given in each box are parallel, perpendicular, or neither, take the following simple steps:

1. Ensure the equations for both lines being compared are in the slope-intercept form, y = mx + b. Where m is the slope.

2. If both lines have the same slope value, m, then both lines are parallel.

3. If the slope of one line is the negative reciprocal of the other, then both lines are perpendicular. That is, x = -1/x.

4. If the slope of both lines are not the same, nor the negative reciprocal of each other, then they are neither parallel nor perpendicular.

1. y = 3x - 7 and y = 3x + 1.

Both have the same slope value of 3. Therefore, they are parallel.

2. ⬜ [tex] y = -\frac{2}{5}x + 3 [/tex] and [tex] y = \frac{2}{5}x + 8 [/tex]

The slope of both lines are not the same, nor is the slope of one the negative reciprocal of the other. The slope of one is -⅖ and the slope of the other is ⅖. Therefore, they are neither parallel nor perpendicular.⬜

3. [tex] y = -\frac{1}{4}x [/tex] and [tex] y = 4x - 5 [/tex]

The slope of the first line, ¼, is the negative reciprocal of the slope of the second line, 4.

Therefore, they are perdendicular.

4. 2x + 7y = 28 and 7x - 2y = 4.

Rewrite both equations in the slope-intercept form, y = mx + b.

2x + 7y = 28

7y = -2x + 28

y = -2x/7 + 28/7

y = -²/7 + 4

And

7x - 2y = 4

-2y = -7x + 4

y = -7x/-2 + 4/-2

y = ⁷/2x - 2

The slope of the first line, -²/7, is the negative reciprocal of the slope of the second line, ⁷/2.

Therefore, they are perdendicular.

5.⬜ y = -5x + 1 and x - 5y = 30.

Rewrite the second line equation in the slope-intercept form.

x - 5y = 30

-5y = -x + 30

y = -2x/-5 + 30/-5

y = ⅖x - 6

The slope of both lines are not the same, nor is the slope of one the negative reciprocal of the other. The slope of one is -5 and the slope of the other is ⅖. therefore, they are neither parallel nor perpendicular.⬜

6.⬜ 3x + 2y = 8 and 2x + 3y = -12.

Rewrite both line equations in the slope-intercept form.

3x + 2y = 8

2y = -3x + 8

y = -3x/2 + 8/2

y = -³/2x + 4

And

2x + 3y = -12

3y = -2x -12

y = -2x/3 - 12/3

y = -⅔x - 4

The slope of both lines are not the same, nor is the slope of one the negative reciprocal of the other. The slope of one is -³/2 and the slope of the other is -⅔ therefore, they are neither parallel nor perpendicular.⬜

7. y = -4x - 1 and 8x + 2y = 14.

Rewrite the equation of the second line in the slope-intercept form.

8x + 2y = 14

2y = -8x + 14

y = -8x/2 + 14/2

y = -4x + 7

Both have the same slope value of -4. Therefore, they are parallel.

8.⬜ x + y = 7 and x - y = 9.

Rewrite the equation of both lines in the slope-intercept form.

x + y = 7

y = -x + 7

And

x - y = 9

-y = -x + 9

y = -x/-1 + 9/-1

y = x - 9

The slope of both lines are not the same, nor is the slope of one the negative reciprocal of the other. The slope of one is -1, and the slope of the other is 1, therefore, they are neither parallel nor perpendicular.⬜

9. y = ⅓x + 9 And x - 3y = 3

Rewrite the equation of the second line.

x - 3y = 3

-3y = -x + 3

y = -x/-3 + 3/-3

y = ⅓x - 1

Both have the same slope value of ⅓. Therefore, they are parallel.

10.⬜ 4x + 9y = 18 and y = 4x + 9

Rewrite the equation of the first line.

4x + 9y = 18

9y = -4x + 18

y = -4x/9 + 18/9

y = -⁴/9x + 2

The slope of both lines are not the same, nor is the slope of one the negative reciprocal of the other. The slope of one is -⁴/9, and the slope of the other is 4, therefore, they are neither parallel nor perpendicular.⬜

11.⬜ 5x - 10y = 20 and y = -2x + 6

Rewrite the equation of the first line.

5x - 10y = 20

-10y = -5x + 20

y = -5x/-10 + 20/-10

y = ²/5x - 2

The slope of both lines are not the same, nor is the slope of one the negative reciprocal of the other. The slope of one is ⅖, and the slope of the other is -2, therefore, they are neither parallel nor perpendicular.⬜

12. -9x + 12y = 24 and y = ¾x - 5

Rewrite the equation of the first line.

-9x + 12y = 24

12y = 9x + 24

y = 9x/12 + 24/12

y = ¾x + 2

Both have the same slope value of ¾. Therefore, they are parallel.

Will sells 35 L of milk in a day how many liters of milk will be sold if he has
to sell 125% more milk per day

Answers

Answer:

i think it is 43.75

Step-by-step explanation:

Either that or 39.375

(Sorry I couldn't answer in more detail. Please don't get mad at me)

Answer:78.75

1.25×35=43.75

43.75+35=78.75

I hope this is good enough:

Is this correct or wrong?

Answers

Answer:

It is correct :)

Step-by-step explanation:

Please answer correctly !!!!!!!!!!!!!!! Will mark brainliest !!!!!!!!!!!!!!!!!!!!

Answers

63 degrees cuz it’s vertical angles

find the slope given (2,-7) and (-1,6)​

Answers

Answer:

-0.77777777777778

Step-by-step explanation:

A team is selling discount cards as a fundraiser. The table shows the number of cards sold and the remaining amount of money needed.

Which word describes the slope of the line representing the data in the table?
zero
undefined
negative
positive

Answers

Answer:negative should be the answer

Step-by-step explanation:

Answer: Negative

Step-by-step explanation:

The y-int is going down because the money is decreasing.

What is the slope of the line with the following points?
Point A (10,6)
Point B (15, 10)

Answers

Answer:

4/5

Step-by-step explanation:

There are 3 basketball teams. Each team has 10 players. All of the teams are used to make 6 groups during practice. How many players are in each group.

Answers

5 players in each group

3x10=30.

30/6=5

Kona’s mother realized that her age is the difference of Kona’s age squared and four. If k represents Kona’s age, which expression represents Kona’s mother’s age?
k squared minus 4
k cubed minus 4
k squared + 4
k cubed + 4

Answers

Answer:

k squared minus 4/ A

Step-by-step explanation:

took the test

Answer:A. k squared minus 4

Step-by-step explanation:

A 12 oz glass of apple juice cost $2.20 at a store how much does each ounce of Apple juice cost

Answers

Answer: 18 cents or $0.18

Step-by-step explanation: you divide 2.20/12

Answer:

simple do $2.20 divide by 12 and you will get your answer

Step-by-step explanation:

$.10

The first five terms of an arithmetic sequence are 8, 13/2, 5, 7/2, and 2. Which function, f(x), could be used to describe the xth term of the sequence?

Answers

Answer:

f(x) = 8 - 1.5x

Step-by-step explanation:

Here, we want to write a function that can be used to describe the x th term of the sequence

Mathematically, this can be calculated by looking at the numbers in the sequence

The difference between each successive term

is -1.5 ( 6.5-8, 3.5 -5)

So the formula for then x th term will be;

f(x) = 8 - 1.5x

where x refers to the number of the term , for example the 4th term

Answer:

-1.5x+9.5

Step-by-step explanation:

-1.5(1)+9.5=8

-1.5(2)+9.5=6.5

-1.5(3)+9.5=5

and so on....

Use properties of operations to write an expression equivalent to the expression below.

p6+(q+8)

Answers

Answer:

q8+p6=14

Step-by-step explanation:

Answer:

Answer:14

Step-by-step explanation:

Use PEMDAS

what does x equal -x +5 = -4

Answers

Answer:

-9

Step-by-step explanation:

+number + +number = positive

-number + +number = negative

When you add a positive number to a negative number, the negative number will try to go down to 0 more

Solve the inequality. T/4 > 7

Answers

Answer:

T>28

Step-by-step explanation:

Multiply 4 to both sides to get your variable alone.

What is the slope-intercept form of the function described by this table?

Enter your answer by filling in the boxes.

y =| | x + | |

Answers

Answer:

y = - 3x + 4

Step-by-step explanation:

m = [tex]\frac{y_{2} -y_{1} }{x_{2} -x_{1} }[/tex]

y - [tex]y_{1}[/tex] = m( x - [tex]x_{1}[/tex] ) Point-slope form

y = mx + b  Point-intercept form

(1, 1)

(2, - 2)

m = (- 2 - 1 ) / (2 - 1) = - 3

y - 1 = - 3( x - 1 )

y = - 3x + 4

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