How long will it take for money to double if it is invested at 7% compounded monthly?

Answers

Answer 1
Use the rule of 72 for the monthly compound:
About 10.3 years
How Long Will It Take For Money To Double If It Is Invested At 7% Compounded Monthly?

Related Questions

In a certain armithmetic sequence , if -4 is the first term , and 10 is the third term, which term is 157?

Answers

Answer:

157 is the 24th term.

Step-by-step explanation:

We are given that in an arithmetic sequence, -4 is the first term and 10 is the third term. And we want to find the term number of 157.

Recall that the direct formula for an arithmetic sequence is given by:

[tex]\displaystyle x_n=a+d(n-1)[/tex]

Where n is the nth term, a is the initial term, and d is the common difference.

We know that the initial term a is -4. Hence:

[tex]x_n= -4 + d(n-1)[/tex]

Since 10 is the third term, n = 3:

[tex]\displaystyle x_{3}=10=-4+d(3-1)[/tex]

Solve for the common difference:

[tex]14=2d\Rightarrow d=7[/tex]

Hence, our direct formula is:

[tex]\displaystyle x_n=-4+7(n-1)[/tex]

To find the term number of 157, let 157 equal xₙ and solve for n. Hence:

[tex]\displaystyle (157)=-4+7(n-1)[/tex]

Therefore:

[tex]\displaystyle \begin{aligned} 161 &= 7(n-1) \\ 23 & = n-1 \\ n &= 24\end{aligned}[/tex]

157 is the 24th term.

The shiny silver mouse has a population mean size of 8.3 cm and and a population standard deviation of 1.2 cm. If one individual is sampled from the population what is the probability that it will be greater than 9 cm

Answers

Answer:

41.67%

Step-by-step explanation:

[tex]Z = \frac{x-\alpha}{\sigma}[/tex]     9-8.3 = 0.7/1.2 = 0.5833  1-0.5833 = 0.4167*10 = 41.67%

The probability of the individual sample which is greater then 9 cm is 0.2799601 .

What is probability?

'Probability is the extent to which an event is likely to occur, measured by the ratio of the favorable cases to the total number of cases possible.'

According to the given problem,

μ = 8.3 cm

σ = 1.2 cm

X ≈ N[tex](0,1)P(X < x )[/tex]

= P(Z = X - μ / σ)

here , X ≈ N (8.3 , [tex](1.2)^2)P(X > 9)[/tex]

= P[tex](Z > \frac{9-8.3}{1.2})[/tex]

⇒ P[tex](Z>0.583333)[/tex]

⇒ 1 - P[tex](Z<0.583333)[/tex]

⇒ 1 - 0.7200399 [ for greater surface area of the bell-curve ]

⇒ 0.2799601

Hence, we can conclude, the probability of individual sample is 0.2799601 .

Learn more about the probability here :brainly.com/question/23211929?#SPJ2

(ax=1/2x)+((-3/5)+21/5

Answers

The answer is X=-5/36

Quanto é 7 × 5/2????

Answers

la respuesta es. 35/2x


4. Construct a quadrilateral ABCD in which AB=BC=3.5cm, AD=CD= 5.2 cm and ^ABC= 120°.

Answers

9514 1404 393

Explanation:

The attachment shows such a construction. Here are the steps.

1. Draw circle B with radius 3.5 cm

2. Mark a point X on the circle and draw circle X with the same radius. Mark the intersection points of circles B and X as points A and C.

3. Draw circles A and C with radii 5.2 cm. Mark the intersection point as point D so that X is on segment BD.

4. Finish by drawing kite ABCD.

If f (x) = x^2+8 then what is f (x+2)?

Answers

Answer: [tex]x^2+4x+12[/tex]

Step-by-step explanation:

[tex]f(x)=x^2+8\\f(x+2)=(x+2)^2+8\\f(x+2)=x^2+4x+4+8\\f(x+2)=x^2+4x+12[/tex]

Kermit's favorite iced tea is made with 151515 tea bags in every 222 liters of water. Peggy made a 121212-liter batch of iced tea with 909090 tea bags. What will Kermit think of Peggy's iced tea?
A. It is too strong.
B. It is too weak.
C. It is just right.

Answers

Answer:

C. It is just right

Step-by-step explanation:

Kermit's Favorite iced tea:

Tea bags = 15

Water = 2 liters

Ratio of tea bags to water = 15 : 2

= 15/2

= 7.5

Peggy:

Tea bags = 90

Water = 12 liters

Ratio of tea bags to water = 90 : 12

= 90/12

= 7.5

C. It is just right

Kermit would think of Peggy's iced tea is just right

Answer:

c

Step-by-step explanation:

Write each question as a single logarithm (Picture attached)

Answers

Answer:

a.

[tex] log_{5}( {u}^{3 \times {v}^{4} } ) [/tex]

b.

[tex] ln( \frac{1}{( {x}^{2} - 2x + 1 } ) [/tex]

c.

[tex] log_{2}(x { \sqrt{3x - 2} }^{4} ) [/tex]

Ross resides in an apartment where houses are arranged horizontally. She resides at door number 3.if she want to visit her friend Martha at door number 7, how many house should she Cross?

Answers

Answer:

3 doors if we are excluding her own. 4 if we are not.

4, 5, 6. she does not pass 7, she enters 7.

3, 4, 5, 6. it could be argued she must first pass her own door.

that context changes the answer.

Suppose an annuity pays 6% annual interest, compounded semi-annually. You invest in this annuity by contributing $4,500 semiannually for 6 years. What will the annuity be worth after 6 years?

Answers

Answer:

$3240

Step-by-step explanation:

hope it is well understood

Answer: 59300

Step-by-step explanation:

can someone help me really please really need help please don't understand

Answers

9514 1404 393

Answer:

2/83/5

Step-by-step explanation:

1. The denominator of a fraction indicates how many (equal) pieces a quantity is divided into. When that quantity is 1 cake, and it is divided into 8 equal pieces, each piece is 1/8 of the cake, and there are 8 pieces, or 8/8 of the cake altogether. 8/8 = 1 entire.

When 2/8 of the cake is eaten, there are 8-2 = 6 pieces left, or 6/8 of the cake remains.

When an additional 4/8 of the cake is eaten, there are 6-4 = 2 pieces left, or 2/8 of the cake remains.

__

The fraction 2/8 can be written as the product of fractions ...

  [tex]\dfrac{2}{8}=\dfrac{1\cdot2}{4\cdot2}=\dfrac{1}{4}\cdot\dfrac{2}{2}[/tex]

We know that 2/2 = 1, and anything times 1 is that same thing, so the fraction 2/8 can be "reduced" to its equivalent, 1/4.

  [tex]\dfrac{2}{8}=\dfrac{1}{4}\cdot1=\dfrac{1}{4}[/tex]

As far as we can tell, this question does not ask you to reduce the fraction. Since we're counting 1/8 cake slices, and there are 2 remaining, it is reasonable to leave the fraction as 2/8.

____

2. The given fractions are 1/5 pound, so it is reasonable to think of the whole weight of the 1-pound box as 5/5 pound. Two parts are 1/5 pound each, so the part remaining after considering those is ...

  5/5 - 1/5 - 1/5 = (5 -1 -1)/5 = 3/5

The third item in the box is 3/5 pound.

Which triangle is ​△ABC​ similar to and why?






△ABC is similar to △DEF by ​AA Similarity Postulate​.

△ABC is similar to △GHI by ​AA Similarity Postulate​.

△ABC is similar to △JEL by ​AA Similarity Postulate​.

​△ABC​ is not similar to any of the triangles given.
NOTE: Figures are not drawn to scale.

Answers

Answer:

Question. Which triangle is △ABC similar to and why?

Answer.△ABC is similar to △JEL by AA Similarity Postulate.

Answer:

△ABC ≈△JEL

Step-by-step explanation:

△ABC is similar to △JEL by AA Similarity Postulate. (final answer)

Match each scenario with the type of correlation it shows

Answers

Yellow line- no correlation.
Blue Line- Positive
Green line- negative
Srry if wrong pls brainless

Michael invest $P at a rate of 3.8% per year compounded interest. After 30 years the value of this investment is $1,469. Calculate the value of P.​

Answers

Answer:

Step-by-step explanation:

The formula for this is

[tex]A(t)=P(1+r)^t[/tex] and we have everything but the P. Filling in:

[tex]1469=P(1+.038)^{30[/tex] and

[tex]1469=P(1.038)^{30[/tex] and

1469 = P(3.061403718) so

P = 479.85

A research center conducted a telephone survey of 2,000 adults to learn about the major economic concerns for the future. The survey results showed that 1,620 of the respondents think the future health of Social Security is a major economic concern. (a) What is the point estimate of the population proportion of adults who think the future health of Social Security is a major economic concern

Answers

Answer:

0.81

Step-by-step explanation:

Find the point estimate by dividing the number of respondents that thought it was a major economic concern by the total number of people in the survey:

1,620/2,000

= 0.81

So, the point estimate is 0.81

The null hypothesis and the alternate hypothesis are: H0: The frequencies are equal. H1: The frequencies are not equal. Category f0 A 10 B 30 C 30 D 10 State the decision rule, using the 0.05 significance level. (Round your answer to 3 decimal places.) Compute the value of chi-square. (Round your answer to 2 decimal place.) What is your decision regarding H0

Answers

Answer:

Reject H0

Step-by-step explanation:

Given :

H0: The frequencies are equal. H1: The frequencies are not equal

Category f0 A 10 B 30 C 30 D 10

Total f0 = (10 + 30 + 30 + 10) = 80

Expected frequency is the same for all categories :

Expected frequency = 1/4 * 80 = 20

χ² = Σ(observed - Expected)² / Expected

χ² = (10-20)^2 / 20 + (30-20)^2 /20 + (30-20)^2 / 20 + (10-20)^2 / 20

χ² = (5 + 5 + 5 + 5) = 20

Pvalue = 0.00017

Pvalue < α

What value of y will make the equation true?
√34 x Wy - 34
PLEASE HELP

Answers

Answer:

y = 34

Step-by-step explanation:

Given,

[tex] \sqrt{34} \times \sqrt{y} = 34[/tex]

[tex] = > \sqrt{34y} = 34[/tex]

[tex] = > 34y = {34}^{2} [/tex]

[tex] = > 34y = 34 \times 34[/tex]

[tex] = > y = \frac{34 \times 34}{34} [/tex]

=> y = 34 (Ans)

Aaron surveyed a group of students about the number of pets they own. He recorded the data in the dot plot below.

Answers

Answer:

Step-by-step explanation:

18,  count the dots. The number line aka 0-7 is just showing the number of possible pets a person could have

The diameter of a circle is 10 meters what is the angle of an arc 3pie meters long

Answers

Answer:

10 meaters yes these answer is correct

HELP ASAP! I have completed everything except for the last box. Can someone please help me on the last box. Thank you for your help!

Answers

Less than 20% of people

Answer:

2.35%

Step-by-step explanation:

According to the Empirical Rule,

71 - 79 and 79 - 87 are each 34% of the graph.

63 - 71 and 87 - 95 are each 13.5% of the graph.

55 - 63 and 95 - 103 are each 2.35% of the graph.

Hope this helps.

Write the equation of the line in fully simplified slope-intercept form.

Answers

Step-by-step explanation:

y — yı = m(x – xı) equation of a line

Points A(1,3) and B(2,1)

Slope (m) = (y2 – y1) / (x2 – x1)

(1 –3) / (2 – 1)

–2/1

–2

Thus, y –3 = –2 (x – 1)

y – 3 = –2x + 2

y –3 + 3 = –2x + 2 + 3

y = –2x + 5

find two factors of the first number such that their product is the first number and their sum is the second number. 24,10

Answers

Answer: the numbers are 6 and 4.

Step-by-step explanation: 6 times 4 equals 24

6 plus 4 equals 10

please help will give brainliest and points

i need this by tomorrow pleaseeee

Answers

Answer:

Step-by-step explanation:

Angle 1 and angle 2 are remote interior angles of angle 6 because angles 1 and 2 are on the inside and it is remote and across from angle six. You can also see this where angle 1 and angle 3 are remote interior angles of angle 5

So in turn angles 2 and 3 are remote interior angles of angle 4 for the same reasoning.

6 and 4
The remote interior angles are the two angles not adjacent to a certain exterior angle

Find the extreme values of f subject to both constraints. (If an answer does not exist, enter DNE.) f(x, y, z) = yz + xy; xy = 1, y^2 + z^2 = 25

Answers

Answer:

pls post pic of question can't understand ur question

Plz help me find x and show work​

Answers

Answer:

9^2 + 12^2 = x^2

81 + 144 = 225

225 ÷ 15 = 15

the answer for this question is 15

Step-by-step explanation:

What is the value of n?

4/5 < n/7 < 8/9
( n has to be greater than 4 but less than 8 )​

Answers

Answer:

n = 6

Step-by-step explanation:

If n/7 < 8/9, then n/7 < 1

n/7 < 1

n < 7

That leaves us with 5 and 6. With this, we use trial and error.

4/5 > 5/7 (not we want)

4/5 < 6/7 (what we want)

The answer is 6/7 or n = 6

Give the properties for the equation x2 + y2 + 8x - 2y +15 = 0
Radius √2 4 2​

Answers

Answer:

ind the center and radius of the sphere: x2 + y2 +z2-8x + 2y + 62+1 0 2) Find an equation of the sphere that passes through the point (6,-2, 3) and has center (-1,2, 1). Find the curve in which the sphere from #2 intersects the yz-plane. For #4-11, u : ? + j-2k 4) 2u +3v 5) Iv 6) uv and v-3i-2j + k 8) Ivxu 9) comp,v 10) proju 11) Find the angle between u and v 12) Find the scalar triple product of a, b, and c. If a (3, 1,2), b (-1,1,0), and c (0,0,-4) 13) Find the values of x such that (3,2, x) and (2x, 4, x) are orthogonal 14) Find two unit vectors that are orthogonal to both j + 2k and i-2j+3k 15) Find the acute angle between two diagonals of a cube 16) Find a vector perpendicular to the plane through the points A(1,0,0), B(2,0,-1) and C(1,4,3) 17) Find parametric equations for the line through (4,-1, 2) and (1, 1, 5) 18) Find parametric equations for the line through (-2, 2, 4) and perpendicular to the plane 2x-y+5z 12 19) Find an equation of the plane through (2, 1,0) and parallel to x + 4y -3z 1 20) Find an equation of the plane through (3, -1, 1), (4, 0, 2), and (6, 3, 1). 21) Show that the planes x y-z 1 and 2x 3y + 4z 5 are neither parallel nor perpendicular. Find the angle between the planes.

I need help solving this problem

Answers

Answer:

300

Step-by-step explanation:

Add 2/5, 3/10 and 1/2. Give your answer as a mixed number

Answers

Answer:

I hope this will help you

Please Help!
find the value of x
round to the nearest tenth as needed​

Answers

Answer:

237.9 yards

Step-by-step explanation:

90-23=67

cos 67⁰=x/610

x=610 cos 67

x= 610 x 0.39

x=237.9 yards

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