What is the number of years it will take the investment to double? if Moe invests $ 7,500 in an account that pays 2.4% interest compounded monthly. Round your final answer to two decimal places.

Answers

Answer 1

Answer:

  28.91 years

Step-by-step explanation:

The investment value is multiplied each year by the factor ...

  (1 +r/12)^12

  = (1 +0.024/12)^12 = 1.002^12 ≈ 1.024265768

When the investment is multiplied by this factor for x years, the multiplication factor becomes 1.024265768^x. We want to know the value of x that makes this equal to 2:

  2 = 1.024265768^x

  log(2) = x·log(1.024265768) . . . . . take logarithms

  x = log(2)/log(1.024265768) ≈ 28.91

It will take 28.91 years for the investment to double at 2.4% compounded monthly.


Related Questions

1. How many high fives will alan get in 30 seconds?
2. The maximum function is ......
The minimum function is .......
The amplitude of the function is .......
The Midline of the function is .......
The Period of the function is ......
3. Using the information given write a Trigonometric function for the situation below (Where x is time and f(x) represents the distance between Jose and Alan)
4. What makes trigonometric functions useful? (don't mention triangles) 5. Why are trigonometric functions periodic?​

Answers

I guess 24 in 30sec on completing one round each

Answer:

1) [tex]Six[/tex]

Step-by-step explanation:

1)     [tex]30\ seconds\div5\ seconds=6\ seconds[/tex]          [tex]\left\{every\ 5\ seconds\ one\ time\right\}[/tex]

I am going to work on the other several tonight/tomorrow and will post when I get them done.

4) height = 18 in; radius = 12 in
=
=
Volume=

Answers

Answer:

the answer is 13yd

Step-by-step explanation:

you have to devide and have to mutlpy

someone help me solve it step by step please​

Answers

Given the following equation, I’m guessing you want to have it in y= format so that’s what I’ll do.
4x + 6y -y^2 +5 -2x^2= 0
Now isolate y to one side
-2x^2 + 4x + 5 = y^2 -6y
Now unfortunately this is as much as you can really simplify. Am I supposed to be solving for something else?

May you guys please help me on this one

Answers

Answer:

y maximum is at 1 for both the points (4,1) and (-4,1)

Step-by-step explanation:

help me please, im stuck on this question

Answers

Answer:

4.95/1.1 = 4.5 approximately 5 bags

Urgent! Need HELP pls don't scam me and answer all questions

Answers

Answer:

450 in²119 ft³

surface area of rectangular prism :

2 ( length * width + length * height + width * height )

2 ( 15 * 10 + 15 * 3 + 10 * 3 )

2 ( 225 )

450 in²

volume of triangular prism :

( base * height * length ) ÷ 2

( 7 * 4 * 8.5 ) ÷ 2

119 ft³

let n (AUB)=32n(B)=16and n(ANB)9 find n (A)​

Answers

Answer:

32

Step-by-step explanation:

n(A∪B)=n(A)+n(B)−n(A∩B)−−−−−−−(1)

Given n(A)= ? we represent with x

n(B)= 16

n(A∪B) = 32

Substituting in equation 1 to get n(A)

32  = n(A) + 9 − 9

⇒n(A) = 32 − 0

n(A)  = 32

to confirm this we put the values into the formula below

n(A∪B)=n(A)+n(B)−n(A∩B)−−−−−−−(1)

32 =  32 + 9 - 9

Answer:

  n(A) = 25

Step-by-step explanation:

The relation between cardinality of two sets and that of their union and intersection is ...

  n(A∪B) = n(A) +n(B) -n(A∩B)

  32 = n(A) +16 -9 . . . . . use the given information

  25 = n(A) . . . . . . . . . subtract 7

If you answer my question, you will get points

What is the second smallest prime number

Answers

Answer:

3

Step-by-step explanation:

3 is the second smallest prime number.

The second smallest prime number is 3

What are prime numbers:

 ⇒ numbers that are divisible only by itself and '1'

    ⇒thus they are numbers that have exactly two factors, itself and one

The first prime number is 2, not 1, because 1 doesn't have two factors. Thus, the second prime number is 3.

Hope that helps!

ASAPPP HELP
PLEASE!!!!!!

Answers

Answer:

-36/7

Step-by-step explanation:

-4/7 x 9

-4 x 9/ 7

That’s how I got -36/7

As an estimation we are told £3 is €4.
Convert €44.80 to pounds.
Give your answer rounded to 2 DP.

Answers

Answer:

x= 59.73

HOPE IT HELPSSSS

.pleaseeeee helppppp​

Answers

Answer:

6

Step-by-step explanation:    i just looked it up

Answer:

6gallons

Step-by-step explanation:

there are 48 pints in 6 gallons

Please give brainliest!!!! Thank you

help me ASAP...

no links

Answers

Answer:

2 , 3 , 1 , 4

Step-by-step explanation:

Best way to convert fractions to decimals without a calculator is to look at denominator.

divide 100 by the denominator.

take your answer and multiply the numerator by that number.

put a decimal in front of answer

example : [tex]\frac{7}{20}[/tex]

100 divided by 20 is 5

5 times 7 is 35

place a decimal in front of answer

.35

Please help ! This homework is due tn :( Please answer number 3. If u know any other answers to any of the other questions let me know !

Answers

Rodney ordered their cards correctly

If you convert all of the values to decimals, you get

0.0345, 0.029, and -0.05, and you can see that they are in order from greatest to least

Vocabulary Use a vocabulary word to complete the sentence.
An__________ fraction names the
same region, part of a set, or part of a segment.

Answers

The answer is equivalent fraction.

fast help me please and thank you​

Answers

Answer:

c

Step-by-step explanation:

-3-- or just + -3 * -1 since xy are not separated by anything so its multiplication

What is the median of this data set? {29, 22, 23, 31, 29, 29, 22, 23} Enter your answer in the box.

Answers

Answer:

The median is 26

Step-by-step explanation:

A "median" is equivalent to, when the terms are arranged in the proper order, whichever term is in the "middle".

So- first, arrange the terms in ascending order.

[22, 22, 23, 23, 29, 29, 29, 31]

There are an even number- eight- terms in total, so we will take the average of the two "middle" terms.

(29+23)/2; 29 and 23 are the "middle" terms, and there are two of them.

(52)/2 = 26

Therefore, the median is 26.

I hope this helped! :)

Answer:

The answer is 26 hope this helps:DD

Step-by-step explanation:

Answer for: K12 5.03 Quiz: Median

A teacher asks four students the question, “Can a triangle have more than one right angle, and why?” The table lists the students’ responses.

Answers

Considering the sum of the internal angles of a triangle, it is found that the correct student is Paige.

What is the sum of the internal angles of a triangle?

The sum of the three internal angles of a triangle is of 180º, and none of the angles can be zero.

Hence, a triangle can have at most one right angle(angle of 90º), and researching the question on the internet, the student who states this is Paige.

More can be learned about the sum of the internal angles of a triangle at https://brainly.com/question/25215131

There are 150 people ina golf club.a) there are 50%more men than women in the golf club. How many mena nd how many women are ther in the golf club.

Answers

The percentage computed shows that the number of women is 60 while men are 90.

How to calculate percentage?

Let the number of women be represented by x.

Since there are are 50% more men than women in the golf club, the number of men will be:

= x + (50% × c)

= x + 0.5x

= 1.5x

Therefore, 1.5x + x = 150

2.5x = 150

x = 150/2.5

x = 60

Number of women = 60

Number of men = 1.5x = 1.5 × 60 = 90

Learn more about percentages on:

https://brainly.com/question/24304697

NO LINKS!!!

A security camera in a neighborhood bank is mounted on a wall 9 feet above the floor. What angle of depression should be used if the camera is to be directed to a spot 6 feet above the floor and 12 feet from the wall? ​

Answers

Answer: Approximately 14.03624 degrees

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

Explanation:

One way to draw out the diagram is shown below.

Focus on the right triangle.

tan(angle) = opposite/adjacent

tan(x) = 3/12

tan(x) = 0.25

x = arctan(0.25)

x = 14.03624

Side note: arctangent is the same as inverse tangent denoted as [tex]\tan^{-1}[/tex]

HELP ME!!!! PLEASE (I have Points)

Answers

Answer:

yes pick .98 l

Step-by-step explanation: .

2.
Write an expression to show...
Six times the quotient of thirty-two and
eight, increased by seven

Answers

Answer:

[tex]6*\frac{32}{8}+7[/tex]

Step-by-step explanation:

The required expression, six times the quotient of thirty-two and

eight, increased by seven, is given as x = 6(32/8) + 7.

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

Here,
Let the expression equal to x,
According to the question,
Six times the quotient of thirty-two = 6(32 /8)
Increased by seven = 6(32 /8) + 7
X = 6(32 /8) + 7

Thus, the required expression, six times the quotient of thirty-two and

eight, increased by seven, is given as x = 6(32/8) + 7.

Learn more about simplification here:

https://brainly.com/question/12501526

#SPJ2

(32 divided by 4)+(3x4)

Answers

Answer:

20

Step-by-step explanation:

the answer is 20

Pls mark me as the Brainliest!!!
Have a good day :)

Why f([tex]\pi[/tex]) = 0 and f '([tex]\pi[/tex]) = 3

When [tex]\lim_{x \to \\\pi } \frac{f(x)}{x-\pi} = 3[/tex]

Answers

Answer:

  application of L'Hopital's rule to the presumed indeterminate form yields this conclusion

Step-by-step explanation:

This is a reverse application of L'Hopital's rule for determining the limits involving indeterminate forms.

When the expression evaluated at the limit is 0/0, then L'Hopital's rule tells you the limit can be found from n'/d', where n and d are the numerator and denominator of the original expression, respectively.

We can see that x-π = 0 at x=π, so we assume that f(π) = 0 as well, and the expression n/d = f(x)/(x-π) evaluates to the indeterminate form 0/0.

The derivatives are ...

  n' = f'(x)

  d' = 1

Then we have the limit as ...

  lim{x→π) = n'/d' = f'(π)/1 = 3   ⇒   f'(π) = 3

The conclusion f(π)=0 and f'(π)=3 follows from L'Hopital's Rule.

What decimal place does the digit "2" occupy in the number 432,079?
hurry pleaseee i need help

Answers

Answer: Thousand

The 4 is in the hundred thousand

The 3 is in the ten thousand

The 2 is in the thousand

The 0 is in the hundred

The 7 is in the tens

The 9 is in the ones

make a number line and mark the points that represent the following values of x. x<1/3 and x>0?


PLEASE HELP

Answers

We can write the two given inequalities as:

0 < x < 1/3

And the graph of it can be seen below.

How to graph the inequalities?

Here we want to graph the inequalities:

x < 1/3

x > 0.

To do it, we can rewrite the inequality as:

0 < x < 1/3.

To graph this, we need to work with a number line. First, we will mark both of the ends of the inequality, that is x = 0 and x = 1/3, both will be graphed with open circles, which means that these points are not solutions. Then, we need to shade the region between these points.

The graph can be seen below.

If you want to learn more about inequalities, you can read:

https://brainly.com/question/18881247

Find the area of the circle.

Circle: r = 8.2 cm

Answers

Answer:

211.33cm²

Step-by-step explanation:

22/7×8.2²

=211.3257143

=211.33 to 3 d.p

The first user who answer is correct :)

I need someone to find the answer this question involves mathematics and paper

no links that you

Answers

the second one because i solved it

Answer:

[A] 3 1/2

Step-by-step explanation:

[tex]\mathrm{Given}[/tex]

[tex]4\frac{5}{8}-1\frac{1}{8}[/tex]

[tex]\mathrm{Subtract\;Whole\;numbers}[/tex]

[tex]4-1=3[/tex]

[tex]\mathrm{Combine\;fractions}[/tex]

[tex]\frac{5}{8}-\frac{1}{8}=\frac{4}{8}=\frac{1}{2}[/tex]

[tex]=3+\frac{1}{2}[/tex]

[tex]=3\frac{1}{2}[/tex]

Hence, the answer is [A] 3 1/2

~Lenvy~

These tables represent a quadratic function with a vertex at (0, 3). What is the average rate of change for the interval from x = 8 to x = 9?

Answers

Answer:

-17

Step-by-step explanation:

I think hopes help

Rewrite in simplest terms: -8(-2a+4a-8)-7a

Answers

Answer:

-23a + 64

Step-by-step explanation:

-8(-2a + 4a - 8) - 7a

First combine like terms

-8(2a - 8) - 7a

Then distribute

-16a + 64 -7a

Combine like terms

-23a + 64

Solve for d.

d/9 = 27


d = 243

d = 3

d = 36

d = 18

Answers

Answer:

d=243

Step-by-step explanation:

[tex] \frac{d}{9} = 27[/tex]

Multiply both sides by 9

D= 243.

To test it:

[tex] \frac{243}{9} = 27[/tex]

Calculator verifys it.

Hope that helped ;)

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