How long will it take 500 dollars to double if it is invested at 7% interest compounded semi-annually

Answers

Answer 1

Answer:

11 half years

Step-by-step explanation:

The formula for compound interest is

A = P(1+r/n)^(nt), with r representing the interest rate, n being the number of times interest is applied over the time period, and t being the amount of time periods.

If we make the time period a half year (so interest is compounded once per time period), n=2. Then, our interest rate is 7%, or 0.07 (to convert from percent to decimal, simply divide by 100). Our starting amount is 500, and we want it to double, making it 1000. Our formula is thus

1000 = 500 (1+0.07)^(t)

divide both sides by 500

2 = (1+0.07)^(t)

2 = (1.07)^(t)

Using logarithms, we can say that

[tex]log_{1.07} 2 = t[/tex]

and using a calculator, we get

10.24 = t

Since interest is only compounded once per time period, though, we have to round up to make sure it doubles, so t = 11


Related Questions

✓ 1 N 3 4 5 6 Conv A rectangular field is 300 meters long and 250 meters wide. What is the area of the field in square kilometers? Do not round your answer. 1000 millimet 100 centimet 10 decimet 1 decame 2 km Х X 5. ? 1 hectomei 1 ​

Answers

Answer:

75 km

Step-by-step explanation:

Area = Length × Width

= 300m and 250m

= 75000m

M to Km => ÷1000

= 75000m ÷ 1000

= 75 km #

Which shows the image of rectangle ABCD after the rotation () (W)?
13
VA
1
V

Answers

Answer:

Graph (1)

Step-by-step explanation:

Given rule for the rotation of a figure is,

A(x, y) → A'(-y, x)

This rule defines the rotation of point A by 90° counterclockwise about the origin.

Coordinates of point A → (-2, 0)

Coordinates of point C → (-1, 0)

Following the rule of rotation,

A(x, y) → A'(-y, x)

A(-2, 0) → A'(0, -2)

C(-1, 4) → C'(-4, -1)

Now search the image points from the graphs attached,

Graph (1) will be the answer.

Which Expression is equivalent to -2(x + 6) 2x + (-12) 2x + 12 2x + 6​

Answers

Answer:

-2x -8

Step-by-step explanation:

It can be shown that the line with intercepts (a, 0) and (0, b) has the following equation:
x/a + y/b= 1, a ≠ 0, b ≠ 0.

Use this result to write an equation of the line.

Point on line:

(−2, 4)

x-intercept: (a, 0)

y-intercept: (0, a)

(a ≠ 0)

Answers

The equation of the straight line is [tex]x+y=2[/tex].

Given:

The line with intercepts (a,0) and (0,b) has the equation [tex]\frac{x}{a} +\frac{y}{b} =1, a\neq 0, b\neq 0[/tex] Point on the line: (-2, 4)x-intercept: (a, 0)y-intercept: (0, a)[tex]a\neq 0[/tex]

To find: The equation of this line

It is given that a line with intercepts (a,0) and (0,b) has the equation [tex]\frac{x}{a} +\frac{y}{b} =1, a\neq 0, b\neq 0[/tex]

Now, it is given that the referred line has intercepts (a, 0) and (0, a). Then, using the above statement, the equation of this line can be written as,

[tex]\frac{x}{a} +\frac{y}{a}=1[/tex]. It is already given that [tex]a\neq 0[/tex]. So, we need not mention it again.

It is also given that the point (-2, 4) lies on this line. Then, the coordinates of this point must satisfy the equation of the line.

This implies that,

[tex]\frac{-2}{a} +\frac{4}{a} =1[/tex]

[tex]\frac{2}{a} =1[/tex]

[tex]a=2[/tex]

Now, put [tex]a=2[/tex] in the equation of the line, [tex]\frac{x}{a} +\frac{y}{a}=1[/tex] to get,

[tex]\frac{x}{2} +\frac{y}{2} =1[/tex]

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

So, the equation of the line is [tex]x+y=2[/tex].

Learn more about equations of straight lines here:

https://brainly.com/question/18879008

Find y when x = 4 (30 points)

Answers

Answer:

y = 54/25

Step-by-step explanation:

y = p×q^(x-1)

when x = 1 then y = 10

so,

10 = p×q^(1-1)

or, 10 = p×1

or, p = 10

when x = 6 then y = 0.7776

0.7776=p×q^(6-1)

or, 0.7776=p×q^5

or, 0.7776=10×q⁵

[0.7776 = 7776/10000 = 486/625]

or, 486/625 = 10×q⁵

or, 486/6250=q⁵

or, [tex] \frac{ \sqrt[5]{486} }{ \sqrt[5]{6250} } = q[/tex]

or, [tex]q = \frac{3 \sqrt[5]{2} }{5 \sqrt[5]{2} } [/tex]

or, q = 3/5

so, when x = 4

y = p×q^(x-1)

y = 10×(3/5)^(4-1)

y = 10×(3/5)^3

y = 10×27/125

y = 54/25

What is the median to 17,19, 20, 21, 22, 25, 29, 30, 32, 35

Answers

Answer:

23.5

Step-by-step explanation:

The median is the middle value when the numbers are put in order from smallest to largest

17,19, 20, 21, 22, 25, 29, 30, 32, 35

There are 10 numbers

17,19, 20, 21, 22,      25, 29, 30, 32, 35

The middle is between 22 and 25

(22+25)/2 = 47/2 =23.5

a company has decreased the weight of its boxes of macaroni by 8 %. if the new weight of the box is 13.1ounces, what was the original weight of the​ box?

Answers

Answer:

실례합니다 ?

Step-by-step explanation:

이것이 무엇을 의미하는 질문입니까?

회사는 마카로니 상자의 무게를 8% 줄였습니다. 상자의 새 무게가 13.1온스인 경우 상자의 원래 무게는 얼마였습니까? 오른쪽 ?

Answer:

x*0.92 = 13.1

x = 14.24

Step-by-step explanation:

Kara ate 2 7/9 of the raisins she packed. Which box shows the decimal equivalent of the amount of raisins she ate? Box A: 2.777 etc Box B: 2.79 Box C: 2.999 etc.

Answers

Answer:  Box A, 2.777

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

Explanation:

When using a calculator or long division, you should find that

7/9 = 0.7777...

where the 7s go on forever

So we can say that 7/9 = 0.777 approximately. You could argue that the last '7' would round up to an '8' and we could say 7/9 = 0.778; however, I'll stick to the first value so that it matches with the answer.

Since 7/9 = 0.777, this means 2 & 7/9 = 2 + 7/9 = 2 + 0.777 = 2.777 which is box A.

Answer:

A

Step-by-step explanation:

A research report claims that 20% of all individuals use Firefox to browse the web. A software company is trying to determine if the proportion of their users who use Firefox is significantly different from 0.2. In a sample of 200 of their users, 26 users stated that they used Firefox.

Required:
Using this data, conduct the appropriate hypothesis test using a 0.01 level of significance.

Answers

Answer:

Reject H0

Step-by-step explanation:

Z  = -2.474873734

 

survey (positive) 26

n (total) 200

p 0.2

 

p /point est. 0.13

POPULATION(min) 4000

np        >= 5 ? YES 40

n(1-p)  >= 5 ? YES 160

Sample is valid  

Confidence Level - "P" values  

99% 2.58

Confidence Interval - "P" values  

(0.0686 , 0.1914 )  

Reference=0.2 Reject H0

given the recursive formula below, what are the first four terms of the sequence

Answers

Answer:

c

Step-by-step explanation:

The first four terms are 17, 15, 13, and 11.

What is a function?

function is a relationship between inputs where each input is related to exactly one output.

Example:

f(x) = 2x + 1

f(1) = 2 + 1 = 3

f(2) = 2 x 2 + 1 = 4 + 1 = 5

The outputs of the functions are 3 and 5

The inputs of the function are 1 and 2.

We have,

f(n):

f(1) = 17

f(n) = f(n - 1) - 2 if n > 1

Now,

The first term is 17.

The second term.
f(2) = f(2 - 1) - 2

= f(1) - 2

= 17 - 2

= 15

The third term.

= f(3 - 1) - 2

= f(2) - 2

= 15 - 2

= 13

The fourth term.

f(4) = f(4 - 1) - 2
= f(3) - 2

= 13 - 2

= 11

Thus,

The terms are 17, 15, 13, 11

Learn more about functions here:

https://brainly.com/question/28533782

#SPJ2

what is the length of GN, given that figure LMNO is a square PLZ HELP!!!!!

Answers

Answer:

A. 4

Step-by-step explanation:

The diagonals are also congruent to each other. Diagonals of a square bisect each other. This implies that:

MO bisects LN, thereby dividing LN into two equal segments, LG and GN.

Thus, LG = GN.

Since the length of LG = 4, therefore:

GN = 4

Find the distance between (6,6) & (-6,2)
Round your answer to the nearest 100th

Answers

Answer:

65

Step-by-step explanation:

show your work and practic

Find the greatest number of students to whom 45 soccer balls and 60 tennis balls can be equally divided.

Answers

Answer:

15 students

Step-by-step explanation:

Find GCF of 45 and 60:

45 = 3*3*560 = 2*2*3*5

GCF(45,60) = 3*5 = 15

Soccer balls=45Tennis balls=60

Find Greatest common multiple or GCF

[tex]\\ \sf\longmapsto 45=3\times 3\times 5[/tex]

[tex]\\ \sf\longmapsto 60=2\times 2\times 3\times 5[/tex]

Now

[tex]\\ \sf\longmapsto GCF=3\times 5=15[/tex]

Write the quadratic function f(x) = x2 - 2x - 8 in factored form.
A) f(x) =(x - 4)(x - 2)
B) f(x) =(x + 4)(x - 2)
C) f(x) =(x - 4)(x + 2)
D) Rx) =(x + 4)(x + 2)

Answers

Answer:

Hello,

answer C

Step-by-step explanation:

[tex]f(x)=x^2+2x-8\\\\=x^2-4x+2x-8\\\\=x(x-4)+2(x-4)\\\\=(x-4)(x+2)\\\\Answer\ C[/tex]

Which of the following represents the factorization of the trinomial below?
- 4x3 - 4x2 +24 x
O A. -4(x2-2)(x+3)
B. -4(x2 + 2)(x+3)
O C. -4x(x + 2)(x+3)
D. -4x(x - 2)(x+3)

Answers

Answer:

D. -4x(x - 2)(x+3)

Step-by-step explanation:

We are given the following trinomial:

[tex]-4x^3 - 4x^2 + 24x[/tex]

-4x is the common term, so:

[tex]-4x(\frac{-4x^3}{-4x} - \frac{4x^2}{-4x^3} + \frac{24x}{-4x}) = -4x(x^2+x-6)[/tex]

The second degree polynomial can also be factored, finding it's roots.

Solving a quadratic equation:

Given a second order polynomial expressed by the following equation:

[tex]ax^{2} + bx + c, a\neq0[/tex].

This polynomial has roots [tex]x_{1}, x_{2}[/tex] such that [tex]ax^{2} + bx + c = a(x - x_{1})*(x - x_{2})[/tex], given by the following formulas:

[tex]x_{1} = \frac{-b + \sqrt{\Delta}}{2*a}[/tex]

[tex]x_{2} = \frac{-b - \sqrt{\Delta}}{2*a}[/tex]

[tex]\Delta = b^{2} - 4ac[/tex]

x² + x - 6

Quadratic equation with [tex]a = 1, b = 1, c = -6[/tex]

So

[tex]\Delta = 1^{2} - 4(1)(-6) = 25[/tex]

[tex]x_{1} = \frac{-1 + \sqrt{25}}{2} = 2[/tex]

[tex]x_{2} = \frac{-1 - \sqrt{25}}{2} = -3[/tex]

So

[tex]x^2 + x - 6 = (x - 2)(x - (-3)) = (x - 2)(x + 3)[/tex]

The complete factorization is:

[tex]-4x(x^2+x-6) = -4x(x - 2)(x + 3)[/tex]

Thus the correct answer is given by option d.

12 workers take 4 hours to complete a job. How long would it take 15 workers to complete the job?

Answers

Answer:

3.75

Step-by-step explanation:

Calculate 50% of 7.9 giving your answer to one decimal place?

Answers

Answer:

4.0

Step-by-step explanation:

50% means half.

Divide by 2.

7.9 ÷ 2 = 3.95.

Round to the tenths place.

4.0

I hope this helps!

pls ❤ and mark brainliest pls!

700,000 rounded to the nearest hundred thousand

Answers

Answer:

700,000

Step-by-step explanation:

700,000 is already a 100,000, therefore there is no rounding to do.

Answer:

700,000 is the answer

Step-by-step explanation:

write your answer in simplest radical form​

Answers

9514 1404 393

Answer:

  4√2

Step-by-step explanation:

In a 30°-60°-90° triangle, the ratio of side lengths is ...

  1 : √3 : 2

That is, the hypotenuse (c) is double the short side (2√2).

  c = 4√2

88%
19. What is the solution X in this equation? 2(3x - 7) + 4(3x + 2) = 6(5x+9) + 3

Answers

[tex]\\ \sf\longmapsto 2(3x-7)+4(3x+2)=6(5x+9)+3[/tex]

[tex]\\ \sf\longmapsto 6x-14+12x+8=30x+54+3[/tex]

[tex]\\ \sf\longmapsto 6x+12x-14+8=30x+57[/tex]

[tex]\\ \sf\longmapsto 18x+6=30x+57[/tex]

[tex]\\ \sf\longmapsto 30x-18x=6-57[/tex]

[tex]\\ \sf\longmapsto 12x=51[/tex]

[tex]\\ \sf\longmapsto x=\dfrac{51}{12}[/tex]

please help brainliest to correct answer

Answers

The first one is -4 and the second one is 6.

Answer:

Question for number 3 is -3

Question for number 4 is 6

Step-by-step explanation:

Brainless please

Please help me, by completing this proof!

Answers

Answer:

Step-by-step explanation:

                 Statement                                                 Reasons

1). Line PQ is an angle bisector of ∠MPN       D). Given

2). ∠MPQ ≅ ∠NPQ                                           A). Definition of angle bisector

3). m∠MPQ = m∠NPQ                                      F). Definition of congruent

                                                                               angles.

4). m∠MPQ + m∠NPQ = m∠MPN                    C). Angle addition postulate

5). m∠MPQ + m∠MPQ = m∠MPN                   G). Substitution property of

                                                                                equality

6). 2(m∠MPQ) = m∠MPN                                 B). Distributive property

7). m∠MPQ = [tex]\frac{1}{2}(m\angle MPN)[/tex]                               E). Division property of equality  

Is -1 rational or irrational

and is √3 + -1 Rational or irrational

explain if u can pls​

Answers

Answer:

-1: rational

√3 + -1: irration

Step-by-step explanation:

A rational number is negative, if its numerator and denominator are of the opposite signs.

Hope this helps <3

3/4 + 20 (2/5 x 4/7) ​

Answers

Answer:

i believe the answer is 5.3

SOVE, REDUCE TO LOWEST TEERMS SIMPLIFY IMPROPER FRACTIONSAS MIXED FRACTIONS

Answers

I don’t see a picture

1+9+40-40+40+10x2 equals what?

Answers

Answer:

70

Step-by-step explanation:

1+9+40-40+40+10*2

----------------------- 20

10+40-40+40+20

50 (-40+40 cancels out to 0) +20

50+20= 70

(Following PEMDAS)

Multiply, add, subtract.

if you were to instead go through it left to right, you would get 120, which is incorrect.

An automobile manufacturer has given its car a 46.7 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the actual MPG for this car since it is believed that the car has an incorrect manufacturer's MPG rating. After testing 150 cars, they found a mean MPG of 46.5. Assume the population standard deviation is known to be 1.1. A level of significance of 0.05 will be used. State the null and alternative hypotheses.

Answers

Answer: See explanation

Step-by-step explanation:

The null hypothesis H0: The null hypothesis states that there is no relationship between the two things that are being considered.

The alternative hypothesis is contradictory to H0 and it explains that there is a relationship between the two selected variables.

Based on the question, the null hypothesis H0 is that the rating of car is equal to 46.7 miles per gallon. μ = 46.7 MPG

The alternative hypothesis Ha is that the rating of the car is not equal to 46.7 Miles per gallon. μ ≠ 46.7 MPG

Complete the function table.
Input (n) Output (n-2)

Answers

Answer:  Choice C

This is because the input n = 2 leads to the output n-2 = 2-2 = 0

As another example: the input n = 4 leads to the output n-2 = 4-2 = 2

Whatever the input is, subtract 2 from it to get the output.

I WILL GIVE BRAINLEST FAST PLEASE ANSWER THE QUESTION IN THE IMAGE

Answers

Answer:

Cannot be determined

Step-by-step explanation:

We only know one angle and we could only compare one set of sides.

We do not have enough information to determine if the triangles are similar

Answer: D. Cannot be determined

Please help!!
A) In a movie, a mad scientist enlarges a cow to 100 times its normal size. How much stronger would its legs be than a normal cow?
B) How many times more would it weigh than a normal cow?
C) Can you see how results A and B would yield a cow that would collapse under its own weight?

Answers

Answer:

100 times everything.

Step-by-step explanation:

If the cow is 100 times larger than its normal size, obviously everything else should be 100 times stronger and heavier.

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