Suppose you deposit $4000 in a savings account that pays interest at an annual rate of 3.1% compounded continuously How many years will it take for the balance in your savings account to reach $5625.41?

15 Minutes Remaining

Answers

Answer 1

The number of years it takes for the balance in your savings account to reach $5625.41 is 11 years

How to calculate compound interest

The formula for calculating compound interest is expressed as;

A =P(1+r)^t

Given the following

A =  $5625.41

P = $4000

r = 0.031

Substitute the given parameters into the formula to have:

$5625.41 = 4000(1.031)^t
1.4063525 = (1.031)^t
t = ln(1.4063525)/ln(1.031)

t = 0.34074/0.03052

t = 11 years

Hence the number of years it takes for the balance in your savings account to reach $5625.41 is 11 years

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Related Questions

2. You need to use 2/3 of a can of pizza sauce to make a pizza. The
can contains 1 lb 2 OZ of sauce. How many ounces do you need
for the pizza?
I really need this now I’ll give a bunch of points

Answers

Answer:

Step-by-step explanation:

The can contains 1 pound + 2 oz

1 pound = 16 oz

1 can = 16oz + 2oz

1 can = 18 oz

2/3 can = 18 oz * 2/3

2/3 can = 18 oz/1 * 2/3

Multiply the numerator * numerator divide by (denominator * denominator)

2/3 can = 36 / 3

2/3 can = 12 oz.

You could do this by cancelation, but you may not know that yet.

Madeline uses this scale model of a design she plans to paint on a wall. She uses the key 1 cm = 1. 5 ft. One gallon of paint will cover 400 square feet of wall. How many gallons of paint will Madeline use? Enter your answer as decimal in the box.

Answers

The amount of paint required by Madeline will be 0.8325 gallons

What amount of paint will be required by Madeline?

Given that

[tex]1cm=1.5ft[/tex]

We will first find the area of the wall

Area of the wall = Area of trapezoidal shape+ Area of triangular shape

Area of trapezoid = [tex]\dfrac{a+b}{2} \times h[/tex]

a= 4cm

b=14cm

h=10cm

putting this values

[tex]A=\dfrac{4+14}{2} \times 10[/tex]

[tex]A=90cm^{2}[/tex]

Area of triangular shape=  [tex]\dfrac{1}{2} \times width\times height[/tex]

width=14cm

height=8cm

putting the values

[tex]A=\dfrac{1}{2} \times 14\times 8=58cm^{2}[/tex]

[tex]Total area of the wall= 90+58=148cm^{2}[/tex]

since we have

[tex]1cm=1.5ft[/tex]

[tex]148cm^{2} = 148\times (1.5)^{2} =333 ft^{2}[/tex]

Now

[tex]1gallon = 400ft^{2}[/tex]

so for  [tex]333 ft^{2}[/tex]  amount of paint in gallons required will be

[tex]1ft^{2} =\dfrac{1}{400} gallons[/tex]

[tex]333ft^{2} =\dfrac{333}{400} gallons=0.8325gallons[/tex]

Thus the amount of paint required by Madeline will be 0.8325 gallons

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really need help on this

Answers

Answer:

9

Step-by-step explanation:

[tex] \sqrt{3 {}^{4} } =( 3 {}^{4} ) {}^{ \frac{1}{2} } = {3}^{2} = 9[/tex]

the answer would be 9
3x3x3x3 = 81
square root of 81 is 9

0.075538 to 2 decimal place
0.081770 to 3 significant figure

Answers

Answer:0.08

0.0818

Step-by-step explanation:

Can the sides of a triangle have lengths 3.4, 11.6, and 12.6?

Answers

ANSWER: No; 11. SOLUTION: The sum of the lengths of any two sides of a triangle must be greater than the length of the third side.

What is the GCF of 16s3t, 40s5, and 68t2?
4
4s3t
8
8s3t

Answers

Answer:

4

Step-by-step explanation:

What would be the correct notation for the following line

Answers

Answer:

Its A :))

Step-by-step explanation:

Multiply. Assume p, q, and r are greater than or equal to zero, and write your answer in the simplest form.
radical 11p^4 q^3 r · 2 radical 385p^4 r

Answers

Answer:

[tex]{22p^4qr\sqrt{35q[/tex]

Step-by-step explanation:

I am interpreting what you wrote as  [tex]\sqrt{11p^4q^3r} \cdot2\sqrt{385p^4r}[/tex], sorry if that's not what you meant!

We rewrite [tex]385[/tex] as [tex]5 \cdot 7 \cdot 11[/tex]. Since the radicals have the same index, the expression can be written as

[tex]\sqrt{11p^4q^3r} \cdot2\sqrt{385p^4r}=2\sqrt{11p^4q^3r\cdot5\cdot7\cdot11p^4r}[/tex].

Multiplying like terms, the expression simplifies to

[tex]2\sqrt{5\cdot7\cdot11^2p^8q^3r^2}\\[/tex].

Taking out the perfect square factors, [tex]11^2, p^8, q^2,[/tex] and [tex]r^2,[/tex] we get

[tex]2\cdot11p^4qr\sqrt{5\cdot7q[/tex], or

[tex]\boxed{22p^4qr\sqrt{35q}}[/tex].

[tex]\begin{align*}\\\sqrt{11p^4q^3r} \cdot\sqrt{385p^4r}=\sqrt{11p^4q^3r\cdot5\cdot7\cdot11p^4r}\\=\sqrt{11^2p^8q^3r^2}\\\end{align*}[/tex][tex]\begin{align*}\sqrt{5*4}\\\end{align*}[/tex]

100 POINTS FOR CORRECT ANSWERS

Answers

Answer:

1. Polynomial

2. Not a polynomial

3. Not a polynomial

4. Not a polynomial

5. Not a polynomial

6. Not a polynomial

Step-by-step explanation:

Answer:

  the first three are polynomials; the remainder are not

Step-by-step explanation:

A polynomial is a sum of terms with non-negative integer powers of the variables.

The first three expressions are all polynomials; the last three are not.

__

The rational expression with a variable in the denominator is a "rational function", but is not a polynomial. The expressions containing |x| and √x are not expressions that have x to an integral power.

The coefficients of the polynomials we generally deal with are usually integers or fractions. However, there is no requirement that they be rational or real. The second expression is still a polynomial even though it has irrational coefficients.

Select all equations that are equivalent to 8 + 3x = -2(11)

a. 8 + 3x 2(11)
b. 8+3x/2 = -11
c. -8 -3x = 2(11)
d. 2(8+3x) = -4(11)
e. 11x = -22

Answers

Answer:

HERE

Step-by-step explanation:

All equations equivalent to 8+3x = -2(11) are:

2(8+3x) = -4(11) and -8 - 3x = 2(11)

please mark brainliest!

This composite figure is made up of three simpler shapes. What is the approximate area of the figure? Use 3.14 for pi.
A. 33.56 square inches
B. 33.28 square inches
C. 27.28 square inches
D. 39.56 square inches​

Answers

Check the picture below.

[tex]\stackrel{\textit{\Large Areas}}{\stackrel{rectangle}{(5)(3)}~~ + ~~\stackrel{triangle}{\cfrac{1}{2}(4)(3)}~~ + ~~\stackrel{semi-circle}{\cfrac{1}{2}\pi (2)^2}}\implies 15~~ + ~~6~~ + ~~2\pi \stackrel{using~\pi =3.14}{\implies 27.28}[/tex]

can someone help me with this question please

Answers

Answer: I feel like it’s d..

Step-by-step explanation:

Rewrite the following equation in slope intercept form. 7x - 20y = -11

Answers

Answer:

y=7/20x+11/20

Step-by-step explanation:

7x-20y=-11

20y=7x-(-11)

20y=7x+11

y=7/20x+11/20

Solve the equation by completing the square.

X^2 – 12x = 13

First we add (-12/2)^2 to both sides to get

x^2 - 12x + 36 = 49.

Then square root each side and solve.

A. {46, 55}

B. {-15, 27}

C. {-1, 13}

D. {-21, 33}

Answers

Answer:

C

Step-by-step explanation:

x² - 12x + 36 = 49

(x - 6)² = 49

now taking the square root

x - 6 = 7

x = 13

the second solution is (remember, sqrt(a²) = ±a)

-(x - 6) = 7

-x + 6 = 7

-x = 1

x = -1

sort the sequences according to whether they are arithmetic, geometric, or neither.

Answers

Step-by-step explanation:

I am not sure what you mean by "sort". that would mean to bring them into a certain sequence.

I think you mean "categorize".

the first one is arithmetic.

the added constant is -4.2

98.3 - 4.2 = 94.1

94.1 - 4.2 = 89.9

...

the second one is neither.

it looks like first to be arithmetic with the added constant of -1.

1 - 1 = 0

0 - 1 = -1

but then

-1 - 1 = -2 and not 0.

the third is geometric.

the ratio or multiplication factor is 2.

1.75 × 2 = 3.5

3.5 × 2 = 7

...

the fourth is arithmetic.

the added constant is 1.2.

-12 + 1.2 = -10.8

-10.8 + 1.2 = -9.6

...

the fifth is geometric.

the ratio of multiplication factor is -1.

-1 × -1 = 1

1 × -1 = -1

...

if you really need to sort them (change their positions in that 5 elements list), then

the 1st and 4th are arithmetic (to be put into the top 2 spots).

the 3rd and 5th are geometric (to be put into the next 2 spots).

the 2nd is neither (last spot).

A={-3-2, -1, 0}
B={0,2,3,4,5}
A U B

Answers

Answer:

-3,-2,-1,0,2,3,4,5

hope it helps

What is the 83rd term of the arithmetic sequence an=9,11,13,15,17,19

Answers

Answer:

173

Step-by-step explanation:

substitute and calculate

10. Given the kite at the right, DF=7 inches and Area=42 inches square.
What is the length of EG?
A. 7 in
B. 12 in
C. 14 in
D. 16 in

Answers

1/2 * 7* eg equal to 42
Eg equal to 12 inches

here is the question​

Answers

Answer:

1) -6.4

2)71

3)15.4

An office supply company is shipping a case of
wooden pencils to a store. There are 64 boxes of
pencils in the case. If each box of pencils weighs
2.5 ounces, what is the weight, in pounds, of the
case of wooden pencils?

Answers

Pencils and easers hope ya how

I NEED HELP!
Find the volume.

Thanks!

Answers

Answer:

364

Step-by-step explanation:

Hello, you can use the formula which is [tex]v=lwh/3[/tex]

Area x base x height
(13cm x 6cm) x 14cm
=672cm

what is -2y-8=-2x in slope intercept form

Answers

Answer:

y= x-4

Step-by-step explanation:

slope-intercept form is y=mx+b

-2y-8=-2x   move the 8 over to the other side

-2y=-2x-8   divide whole equation by negative 2

this should give you, y=x-4

What is the y-intercept of the equation y=10,000(0. 97)x ?



10,000



1



0. 97



0


PLEASE HELP ASAPPPP (THIS IS QUESTION 15) ALSO CONSUMER MATH

Answers

Answer:

Step-by-step explanation:

The y intercept, is when x=0, and so it is 10000(0.97)^0 = 10000

Leon evaluated the expression
Negative one-half(–4a – 6) + a2 for a = 8.

Answers

Answer:

[tex]26[/tex]

Step-by-step explanation:

[tex](-4a - 6) + a2[/tex]

[tex]a=8[/tex]

Let's Substitute a with 8:

[tex]-4\times \:8-6+8^2[/tex]

[tex]26[/tex]

9 is 3 less than a number n in standard form

Answers

Answer:

9=n-3

Step-by-step explanation:

Please help with this question

Answers

160cm
Because since the formula is
V=1/3(Base Area) x h
V= 1/3 24 x h
1/3 of 24 is 8
V= 8 x h
Then height is 20cm
V = 8 x 20
V = 160

What is a corner of a kitchen counter?

Answers

Answer:

vertices

Step-by-step explanation:

The corner of a shape or object is the vertices

if CE=5, YF=21 and XZ=15, determine and state the perimeter of triangle CFX.

Answers

The perimeter of the triangle CFX is the sum of lengths CF, FX and XC

The perimeter of the triangle CFX is 82 units

How to determine the perimeter of triangle CFX

The given parameters are:

CE=5, YF=21 and XZ=15

Points E, Y and Z are the median of the triangle CFX.

This means that:

CF = 2 * CE

FX = 2 * YF

XC = 2 * XZ

The perimeter of triangle CFX is then calculated as:

Perimeter = CF + FX + XC

This gives

Perimeter = 2 * CE + 2 * YF + 2 * XZ

So, we have:

Perimeter = 2 * 5 + 2 * 21 + 2 * 15

Perimeter = 82

Hence, the perimeter of the triangle CFX is 82 units

Read more about the perimeters at:

https://brainly.com/question/24571594

Solve the simultaneous equations
2x-3y = 4
4x - y = 13
3 marks

Answers

Answer:

X=7/2 Y=1

Step-by-step explanation:

4X-Y=13

4X-13=Y

2X-3(4X-13)=4

2X-12X+39=4

-10X+39=4

-10X=4-39

-10X=-35

X=7/2(-35/10)

Y=4(7/2)-13

Y=14-13

Y=1

The solution of the two given linear equations will be equal to X=7/2 Y=1

What is an equation?

It is defined as the relation between two variables, if we plot the graph of the linear equation we will get a straight line.

The solution of the linear equation is as follows:-

4X  -  Y   =    13

4X  -  13   =   Y

2X   -   3  (   4X  -  13  )   =    4

2X   -   12X   +    39   =    4

-10X   +    39  =  4

-10X  =    4  -   39

-10X    =    -35

X   =    7/2   (  -35  /   10   )

Y   =   4  (  7/2  )  -   13

Y   =  14  -  13

Y  =   1

Therefore the solution of the two given linear equations will be equal to X=7/2 Y=1

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#SPJ2

hi pls help will mark as brainlist ​

Answers

5x^2+3xy-25x-15y= 5x^2-25x+3xy-15y=
5x(x-5)+3y(x-5)=
= (x-5)(5x+3y)

Answer:

(5x + 3x) (x -5)

Step-by-step explanation:

Factor a GCF from the expression, if possible.

Factor a Trinomial, if possible.

Factor a Difference Between Two Squares as many times as possible.

If the equation is in the form a2-b2, factor it to (a+b)(a-b). Equations with two variables factor differently than basic quadratics. For any equation a2-b2 where a and b do not equal 0, the equation factors to (a+b)(a-b). For example, the equation 9x2 - 4y2 = (3x + 2y)(3x - 2y).

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