Use the following formula for compound interest. If P dollars is invested at an annual interest rate r (expressed as a decimal) compounded n times yearly, the amount A after t years is given by

A= P(1+ r/n)^nt

Required:
What rate of interest is required so that $1000 will yield $1900 after 5 years if the interest rate is compounded monthly?

Answers

Answer 1

Answer:

12.906%/year

Step-by-step explanation:

Given data

Principal= $1000

Final Amount= $1900

Time= 5 years

The compound interest formula is given as

A= P(1+ r/n)^nt

Solving for rate r as a decimal

r = n[(A/P)1/nt - 1]

r = 12 × [(1,900.00/1,000.00)1/(12)(5) - 1]

r = 0.12906

Then convert r to R as a percentage

R = r * 100

R = 0.12906 * 100

R = 12.906%/year


Related Questions

help what's the answer??

Answers

2 7/12 also known as 31/12
5 3/4 - 2/3 - 2 1/2
= 69/12 - 8/12 - 30/12
= 31/12

PLZ HELPPP I need to pass this!!

Answers

Answer:

x=-1

Step-by-step explanation:

the middlepoint is where its symetrical, and so you take the x part of the point. the point is (-1,4), and all we need is x, so you have x=-1

If a star is 5,699,999,999,999,999 meters from earth, how long does it take light to travel from earth to the star?

Answers

Answer

19.013.153,42629466 giây

Step-by-step explanati

van toc ánh sán  =299.792.458 m/s

s= v*t

t=s/v

t= 5.699.999.999.999.999/299.792.458= 19.013.153,42629466 giây

Consider all four-digit numbers that can be made from the digits 0-8 (assume that numbers cannot start with 0). What is the probability of choosing a random number from this group that is less than or equal to 4000

Answers

Answer:

The probability is:

P = 0.375

Step-by-step explanation:

First, we need to find the total number of four-digit numbers that can be made with the digits 0-8, such that the first digit can not be zero.

To do this, we first need to find the number of selections that we have, in this case, there are 4, one for each digit in our 4-digit number.

Now let's count the number of options that we have for each one of these selections:

first digit: we have 8 options (because the 0 can not be here)

second digit: we have 9 options (because now the zero can be taken)

third digit: we have 9 options

fourth digit: we have 9 options.

The total number of combinations is equal to the product of all the numbers of options, this is:

C = 8*9*9*9 = 5,832

Now we need to find how many of these are less or equal than 4000.

So now let's count the options again:

first digit: 3 options {1, 2, 3}

second digit: 9 options

third digit: 9 option

fourth digit: 9 options

Total number of combinations:

C' = 3*9*9*9 = 2,187

Here we should also count the combination for the number 4000 itself, as it was not counted in our previous calculation, then we have:

C' = 2,187 + 1 = 2,188 combinations.

The probability of randomly choosing a number that is smaller than or equal to 4000 will be equal to the quotient between the number of combinations that are smaller than or equal to 4000 (2,188 combinations) and the total number of combinations (5,832)

this is:

P = 2,188/5,832 = 0.375

A person invests $3,500 in an account that earns 7.5% interest compounded continuously. What is the value of the investment after 4 years?

Answers

I think it's: 4,674.14$

Answer:

A = $4724.36

Step-by-step explanation:

P = $3500

r = 7.5% = 0.075

t = 4years

n = 365

     [tex]A = P(1 + \frac{r}{n})^{nt}\\\\[/tex]

        [tex]=3500(1 + \frac{0.075}{365})^{365 \times 4}\\\\=3500(1.00020547945)^{365\times4}\\\\= 3500 \times 1.34981720868\\\\= 4724.36023037\\\\= \$ 4724.36[/tex]

i need help w this pls

Answers

Answer and Step-by-step explanation:

The answer is the second answer choice. y = 2x + 1

By looking at the graph, we see that there is a y-intercept at (0, 1), and it has a positive slope of 2.

#teamtrees #PAW (Plant and Water)

Solve the equation.
(X-5)(x + 7) = 0
X=
-D
(Use a comma 6 separate answers as needed.)

Answers

9514 1404 393

Answer:

  x = -7, 5

Step-by-step explanation:

The equation is written as a product equal to zero. The "zero product rule" tells us that a product is zero if and only if one or more factors are zero. Each factor will be zero when x takes on a value equal to the opposite of the constant in that factor.

  x -5 = 0   ⇒   x = 5

  x +7 = 0   ⇒   x = -7

The solutions to the equation are x = -7, 5.

Someone help please!!

Answers

Answer:

9 (a) [tex]d = \frac{\sqrt{e}}{\sqrt{3}}[/tex]

9 (b) [tex]d = \frac{\sqrt{7k}}{\sqrt{2}}[/tex]

Step-by-step explanation:

Hope this helped!

add negative 4 plus negative 6​

Answers

-10

thats it, thats what i know

If F(x)= 3x-2 and G(x)= x^2+8, what is G(F(x))?

Answers

Answer:

(3x-2)^2+8= 9x^2-12x+12

This is a 30-60-90 triangle. What is the measure of x? rationalize the denominator.

Answers

Answer:

[tex] x=\frac{[2] \sqrt {[21] }}{[3] }[/tex]

Step-by-step explanation:

Since, given is a 30°-60°-90° triangle.

[tex] \therefore \sqrt 7 = \frac{\sqrt3}{2} \times x[/tex]

[tex] \therefore 2\sqrt 7 = \sqrt3 \times x[/tex]

[tex] \therefore x=\frac{2\sqrt 7}{\sqrt 3}[/tex]

[tex] \therefore x=\frac{2\sqrt 7(\sqrt 3)}{\sqrt 3(\sqrt 3)}[/tex]

[tex] \huge \therefore x=\frac{[2] \sqrt {[21] }}{[3] }[/tex]

How would I solve this?

Answers

Answer:

20°

Step-by-step explanation:

perpendicular from the center on a chord of a circle always bisects the chord.

AR=BR

∴m arcAC=m arc BC=20°

HELP PLEASE WITH THESE IM SO LOST AND NEED HELP! 1-4!


Answers

Answer:

1.tenisha

2.1\5+1\3=1\×

3.n-12=1\3(n+2)

4.500×=120

EXPAND AND SIMPLIFY

Answers

Answer:

5⁴a²

Step-by-step explanation:

(5³a³)÷5a-¹×5-²a²

5³a³÷5a-¹×5-²a²

5³a³÷5¹-²×a-¹+²

5³a³÷5-¹a

5³a³/5-¹a

5³-(-¹)a³-¹

5⁴a²

Use algebra to solve 3x+4 = 1/x
The exact solutions are x=
Х

Answers

Answer:

Ignore the A before the ±, it wouldn't let me type it correctly.

[tex]x=\frac{2±\sqrt{7} }{3}[/tex]

Step-by-step explanation:

3x + 4 = 1 ÷ x

3x + 4 - 4 = 1 ÷ x - 4

3x = 1 ÷ x - 4

[tex]3x=\frac{1}{x} +\frac{x(-4)}{x}[/tex]

[tex]3x=\frac{1+x(-4)}{x}[/tex]

[tex]3x=\frac{1-4x}{x}[/tex]

[tex]x(3x)=x(\frac{1-4x}{x})[/tex]

x · 3x = - 4x + 1

3x² = - 4x + 1

3x² - (- 4x + 1) = 0

3x² + 4x - 1 = 0

Ignore the A before the ±, it wouldn't let me type it correctly.

[tex]x=\frac{-b±\sqrt{b^{2}-4ac } }{2a}[/tex]

a = 3

b = 4

c = - 1

[tex]x=\frac{-4±\sqrt{4^{2}-4((3)(-1)) } }{2(3)}[/tex]

[tex]x=\frac{-4±\sqrt{16-4((3)(-1)) } }{2(3)}[/tex]

[tex]x=\frac{-4±\sqrt{16+12 } }{2(3)}[/tex]

[tex]x=\frac{-4±\sqrt{28 } }{2(3)}[/tex]

[tex]x=\frac{-4±\sqrt{(2)(14) } }{2(3)}[/tex]

[tex]x=\frac{-4±\sqrt{(2)(2)(7) } }{2(3)}[/tex]

[tex]x=\frac{-4±\sqrt{2 } \sqrt{2}\sqrt{7} }{2(3)}[/tex]

[tex]x=\frac{-4±2\sqrt{7} }{2(3)}[/tex]

[tex]x=\frac{-4±2\sqrt{7} }{6}[/tex]

Two separate equations

[tex]x=\frac{-4+2\sqrt{7} }{6}[/tex]

[tex]x=\frac{2+\sqrt{7} }{3}[/tex]

[tex]x=\frac{-4-2\sqrt{7} }{6}[/tex]

[tex]x=\frac{2-\sqrt{7} }{3}[/tex]

Write the equation of the circle with center C(-5,8) and radius = 7

Answers

Answer:

( h + 5 )^2 + ( y - 8 ) ^2 = 49

Step-by-step explanation:

Equation of a circle:

( x - h )^2 + ( y - k )^2 = r^2

Where ( h , k ) = center and r = radius

We are given that the circle has a center at ( -5 , 8 ) meaning that h = -5 and k = 8

We are also given that the circle has a radius of 7 meaning that r = 7

Now that we have identified each variable we plug the values into the equation

( h - (-5)^2 + ( y - 8 )^2 = 7^2

Our final step is to simplify

we get that the equation of the circle is

( h + 5 )^2 + ( y - 8 ) ^2 = 49

By the way ^ means exponent

What number must you add to complete the square? x^2+26x=11

Answers

Answer:

[tex] {x}^{2} + 26x = 11 \\ x = 0.4 \: and \: - 26.4[/tex]

Assuming p: she is beautiful,q :she is clever,the verbal form of ~p^ (~q) is she is beautiful but not clever. she is beautiful and clever she is not beautiful and not clever.she is beautiful or not clever.​

Answers

Answer:

C. she is not beautiful and not clever.

Step-by-step explanation:

A. she is beautiful but not clever. B. she is beautiful and clever

C. she is not beautiful and not clever.

D. she is beautiful or not clever.

p: she is beautiful

q :she is clever

~p^ (~q) in verbal form

~p = she is not beautiful

~q = she is not clever

~p^ (~q) = she is not beautiful and not clever.

C. she is not beautiful and not clever.

There are 200 students in a particular graduate program at a state university. Of them, 110 are female and 125 are out-of-state students. Of the 110 females, 70 are out-of-state students. If two of these 200 students are selected at random, what is the probability that both of them are out-of-state students?

Answers

There’s a probability of five of them going out of state

Type the correct answer in each box. Functions h and K are inverse functions, and both are defined for all real numbers Using this relationship, what is the value of each function composition?
(h o k) (3)=
(k o h)(-4b) =​

Answers

Answer:

(h o k) (3) = 3

(k o h) (-4b) = -4b

Step-by-step explanation:

An inverse function is the opposite of a function. An easy way to find inverse functions is to treat the evaluator like another variable, then solve for the input variable in terms of the evaluator. One property of inverse functions is that when one finds the composition of inverse functions, the result is the input value, no matter the order in which one uses the functions in the combination. This is because all terms in a function and their inverse cancel each other and the result is the input. Thus, when one multiplies two functions that are inverse of each other, no matter the input, the output will always be the input value.

This holds true in this case, it is given that (h) and (k) are inverses. While one is not given the actual function, one knows that the composition of the functions (h) and (k) will result in the input variable. Therefore, even though different numbers are being evaluated in the composition, the output will always be the input.

evaluate g(x)=x/x-3, if g(1/2)

Answers

Answer:

-1/5

Step-by-step explanation:

g(x) = x/(x-3)

Substituting x = 1/2 in g(x),

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

= 1/2/(1/2-6/2)

= 1/2/(-5/2)

= 1/2 ÷ - 5/2

= 1/2 x -2/5

= - 1/5

Step-by-step explanation:

here is your answer

here is your answer

In a math class, there are 6 students with brown hair, 8 students with black hair, and 9 students with blonde hair? One student is selected at random. What is the sample space? *
Brown, black .
Black, blonde.
Brown, black, blonde.
Brown, blonde.

Answers

Answer:  C) Brown, black, blonde.

Explanation:

The sample space is simply the list of possible outcomes. We list all the hair colors possible in this class.

A company manufactures two products. Market research and available resources require the following
constraints:

• The number of units of product A manufactured, 2, is at most 500 units more than twice the number
of units of product B. y.

• The square of the company's profit is equal to the sum of 35 times the number of product A units
sold and 50 times the number of product B units sold.

If the company expects weekly profits to exceed $22,500, which pair of inequalities represents these
constraints?

will give brainliest + 50 points :)

Answers

The inequalities that represent these constraints are x ≤ 500 + 2y and 35x + 50y > 22500²

What is an equation?

An equation is an expression that shows the relationship between two or more numbers and variables.

Let x represent the number of product A and y represent the number of product B, hence:

x ≤ 500 + 2y        (1)

Also:

35x + 50y > 22500²    (2)

The inequalities that represent these constraints are x ≤ 500 + 2y and 35x + 50y > 22500²

Find out more on equation at: https://brainly.com/question/2972832

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if a loaf of bread coast £1.52 how much change will you get from £10 if you buy 4loaves ​

Answers

Answer:

Balance will be £3.92

Step-by-step explanation:

Cost of  1 loaf = £1.52

Therefore, cost of 4 loaves = 4 x 1 . 52 = £6.08

So if you pay with £10 your balance will be = 10.00 - 6.08 =  £3.92

The solution is  £ 3.92

The amount of money after the purchase of 4 loaves of bread is given by the equation A = £ 3.92

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data ,

Let the equation be represented as A

Now , the value of A is

The total amount of money = £ 10

The cost of one loaf of bread = £ 1.52

Now , the number of loaves of bread = 4 loaves

So , the cost of 4 loaves of bread = 4 x cost of one loaf of bread

Substituting the values in the equation , we get

The cost of 4 loaves of bread = 4 x 1.52

The cost of 4 loaves of bread = £ 6.08

The amount of money after the purchase A = total amount of money - cost of 4 loaves of bread

Substituting the values in the equation , we get

The amount of money after the purchase A = £ 10 - £ 6.08

The amount of money after the purchase A = £ 3.92

Therefore , the value of A is £ 3.92

Hence , the amount is £ 3.92

To learn more about equations click :

https://brainly.com/question/19297665

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Of the animals at a pet show, 3/8 were cats and 4/8 were dogs. The rest of the animals were rabbits. What fraction of the animals were rabbits?

Answers

Answer:

1/8 Of the animals are rabbits.

Step-by-step explanation:

3/8 Cats + 4/8 Dogs = 7/8

1/8 Is all you have room left for so 1/8 would be rabbits.

Answer:

1/8.

Step-by-step explanation:

Fraction of rabbits = 1 - (3/7 + 4/8)

= 1 - 7/8

= 8/8 - 7/8

= 1/8.

Help please which option

Answers

Answer:

Step-by-step explanation:

-1<x<3.   I hope it helpful!

4n-6 in as a undistributed expression

Answers

Answer:

2( 2n-3)

Step-by-step explanation:

4n-6

2*2 n - 2*3

Factor out the greatest common factor

2( 2n-3)

Find the missing segment in the image below

Answers

the missing segment is 25
The missing segment is 25

Select the correct answer.
What is the solution to this equation?
log3 (4x) – 2log3x =2

A. 36
B. 9/4
C. 4/9
D. 1/36

Answers

9514 1404 393

Answer:

  C.  4/9

Step-by-step explanation:

There are a couple of ways you can do this.

  [tex]\log_3{4x}-2\log_3{x}=2\\\\\log_3{4}+\log_3{x}-2\log_3{x}=2\\\\\log_3{4}-2=\log_3{x}\\\\4\cdot3^{-2}=x\qquad\text{take antilogs}\\\\\boxed{x=\dfrac{4}{9}}\\\\\textsf{or}\\\\\dfrac{4x}{x^2}=3^2\qquad\text{take antilogs}\\\\\dfrac{4}{9}=x\qquad\text{cancel $x$, multiply by $\dfrac{x}{9}$}[/tex]

What are the rational roots of f(d) = 5d - 6 + d-8?

Answers

5d - 6 + d - 8 = 0

6d - 14 = 0

6d = 14

d = 14/6

d = 2 and a third

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