How long will it take to double your money if you invest in an account that pays 8% interest, compounded continuously

Answers

Answer 1

The time that would be taken for the money to double is 9 years.

How long would it take to double the money?

Given that a compound interest has to do with the type of interest that is charged both on the principal and on the interest. We know that the principal is the money that was invested.

Let the principal be P and let the time taken be t. Let us now apply the formula;

A = P(1 + r)^n

Where A = 2P and r = 0.08

2P = P(1 + 0.08)^n

2P/P = (1.08)^n

2 = (1.08)^n

ln2 = nln1.08

n = ln2/ln1.08

n = 0.693/0.077

n = 9

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Related Questions

Last week, a candy store sold 6 13 pounds of white chocolate. It sold 4 times as much milk chocolate as white chocolate.


How many more pounds of milk chocolate were sold than white chocolate at the candy store last week?

A)19
B)19 2/3
C)18
D)18 2/3

Answers

b is the correct answer for the following question

Answer: 25 1/3

Step-by-step explanation:

A sporting goods store manager was selling a ski set for a certain price. The manager offered the markdowns​ shown, making the​ one-day sale price of the ski set ​327$. Find the original selling price of the ski set.

Answers

Answer:$583.93 is the original price

Smith forecasts that interest rates will rise over a 5-year period according to a force of interest function given by delta = .08 + .025t/(t+1) for 0<=t<=5.

Answers

Step-by-step explanation:

if p(A)=0.17, p(B)=0.42 and p(AorB)=0.59, are A and B mutually exclusive

5) A woman drinks 8 bottles of water in 2 days. How many bottles of water would she drink in 4 days?

Answers

6 water bottles in 4 days

X:
6. A two-story building measures 21 feet from
the ground. A scale model shows the building
to be 3 inches tall. How many inches would an
84-foot building be in the model?
height:

Answers

Answer:

12 inches

Step-by-step explanation:

Let be "x" the top inches (in the model) of a eighty four foot building.

According to the information provided in the exercise, we be aware of that the top of a two-story establishing is 21 toes and in the scale model its top is 3 inches.

Knowing this, we can set up the following proportion: 3/21=x/84

The final step is to get to the bottom of for "x" in order to calculate its value.

find using substitution method

Answers

Answer:

x = 4 ; y = -1

Step-by-step explanation:

y = -2x + 7

x + 2(-2x+7) = 2


x -4x + 14 = 2

-3x = 2 -14

-3x = -12

-3/-3 x = -12/-3

x = 4


y = -2* 4 + 7

y = -8 + 7

y = -1

solve for x;
2/7 x + 1/5 x=51

Answers

Answer:

x = 105

Step-by-step explanation:

To solve for x, we simply need to isolate it:

[tex]\frac{2}{7}x+\frac{1}{5}x=51\\ \frac{17}{35}x=51\\ x=105[/tex]

whats 28.2 × 4.42= in decimal form? lol

Answers

Answer:

124.644

Step-by-step explanation:

28.2*4.42=124.644.

Answer:

28.2 × 4.42= 124.644

and in non-decimal it's 124644 removing 3 decimal places

Step-by-step explanation:

Brainiest, please

thank you

please help

Our class is studying the effects of mindfulness on mental health. To help with data collection, we will have the support of ten grade 9, eleven grade 10, twelve grade 11 and thirteen grade 12 students. Showing your calculations,how many different groups of 12 volunteers can we make if:

a) the group must have the same number of students from each grade?

b) the group must have at least two grade 9 students? [2A]

c) the group must have James and Lucy (both grade 11 students) in it? [2A]

Answers

The number of groups, using the combination formula, for each case, is given as follows:

a) Same number of students from each grade: 1,245,816,000

b) At least two grade nine students: 31,650,886,995.

c) James and Lucy are in it: 2,481,256,778.

What is the combination formula?

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, obtained by the following formula, involving factorials.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

For item a, the groups are taken as follows:

3 students from grade 9, from a set of 10.3 students from grade 10, from a set of 11.3 students from grade 11, from a set of 12.3 students from grade 12, from a set of 13.

Hence the number of groups is:

[tex]C_{10,3}C_{11,3}C_{12,3}C_{13,3} = \frac{10!}{7!3!} \times \frac{11!}{8!3!} \times \frac{12!}{9!3!} \times \frac{13!}{10!3!} = 120 \times 165 \times 220 \times 286 = 1,245,816,000[/tex]

For item b, the total number of groups, without considering the restriction, is:

[tex]C_{46,12} = \frac{46!}{12!34!} = 38,910,617,655[/tex]

The number of groups with none students from grade 9 is:

[tex]C_{36,12} = \frac{36!}{12!24!} = 1,251,677,700[/tex]

The number of groups with one student from grade 9 is:

[tex]C_{10,1}C_{36,11} = 10 \times \frac{36!}{11!25!} = 6,008,052,960[/tex]

Using complementary events, the number of groups with at least two grade 9 students is:

38,910,617,655 - (1,251,677,700 + 6,008,052,960) = 31,650,886,995.

For item c, considering Jamie and Lucy in it, the remaining 10 students are taken from a set of 44, hence:

[tex]C_{44,10} = \frac{44!}{10!34!} = 2,481,256,778[/tex]

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Solve the equation: u^6 − 49 u^4 = 0 .

Answers

The given equation solved for u is u = 7 or u = -7

Solving an equation

From the question, we are to solve the given equation.

The given equation is

u^6 − 49 u^4 = 0

First, we will write the equation properly

The given equation written properly is

u⁶ - 49u⁴ = 0

Now,

To solve the equation, we will determine the value(s) of the variable. The variable in the given equation is u.

Thus,

We will solve for u

u⁶ - 49u⁴ = 0

Add 49u⁴ to both sides of the equation

u⁶ = 49u⁴

Divide both sides by u⁴

u⁶/u⁴ = 49u⁴/u⁴

u² = 49

Then,

u²- 49 = 0

u² - 7² = 0

Factorize by applying the rule for difference of two squares

(u + 7)(u - 7) = 0

Then,

u + 7 = 0 OR u - 7 = 0

u = -7 OR u = 7

Hence, the value of u is -7 OR 7

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NO LINKS!! Please help me with the Segment Proofs Part 2​

Answers

Answer:

1. Given.

2. Definition of congruent segments.

3. Segment Addition Postulate.

4. Substitution Property of Equality.

5. Transitive Property of Equality.

6. Subtraction Property of Equality.

7. Definition of congruent segments.

Step-by-step explanation:

Statement 1

[tex]\overline{AB} \cong \overline{CD}; \; \overline{CE} \cong \overline{AE}[/tex]

Reason:  Given.

Statement 2

[tex]AB=CD; \;CE=AE[/tex]

Reason:  Definition of congruent segments.

Congruent segments are segments that have the same length.

Statement 3

[tex]AE+EB=AB; \; CE+ED=CD[/tex]

Reason:  Segment Addition Postulate.

A line segment divided into smaller pieces is the sum of the lengths of all those smaller segments.

Statement 4

[tex]CE+EB=CD[/tex]

Reason:  Substitution Property of Equality.

For all numbers a and b, if a=b, then a may be replaced by b in any equation or expression.

Statement 5

[tex]CE+ED=CE+EB[/tex]

Reason:  Transitive Property of Equality.

For all numbers a, b and c, if a=b and b=c, then a=c.

Statement 6

[tex]ED=EB[/tex]

Reason:  Subtraction Property of Equality.

For all numbers a, b and c, if a=b, then a-c=b-c.

Statement 7

[tex]\overline{ED} \cong \overline{EB}[/tex]

Reason:  Definition of congruent segments.

Congruent segments are segments that have the same length.

A candy company sells peanut brittle and almond bark. The information for both types of candy is shown.

graph labeled Peanut Brittle with x axis labeled weight in ounces and y axis labeled cost in dollars with a line from point 0 comma 0 going through 10 comma 10


Almond Bark
Weight (ounces) 2 6 14
Cost (dollars) 3 9 21


Determine how much more one candy costs per ounce than the other candy.
Peanut brittle costs $0.50 more per ounce than almond bark.
Almond bark costs $0.50 more per ounce than peanut brittle.
Peanut brittle costs $0.33 more per ounce than almond bark.
Almond bark costs $0.33 more per ounce than peanut brittle.

Answers

The difference between the cost of one candy per ounce and the other candy is that: Almond bark costs $0.50 more per ounce than peanut brittle.

How to determine the cost of candy?

Mathematically, a direct proportion can be represented the following mathematical expression:

y = kx

Where:

x represents the weight in ounces of a candy.y represents the cost in dollars of a candy.k represents the constant of proportionality.

Next, we would determine the constant of proportionality (k) for each candy as follows:

For Peanut Brittle, we have the following:

Constant of proportionality (k) = 10/10

Constant of proportionality (k) = 1.0

For Almond Bark, we have the following:

Constant of proportionality (k) = 3/2

Constant of proportionality (k) = 1.5

Next, we would determine the difference in cost:

Difference in cost = 1.5 - 1.0

Difference in cost = $0.50.

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A deck of cards contains RED cards numbered 1,2,3,4,5 and BLUE cards numbered 1,2,3,4,5,6. Let R be the event of drawing a red card, B the event of drawing a blue card, E the event of drawing an even numbered card, and O the event of drawing an odd card. Drawing the Red 3 is an example of which of the following events? Select all correct answers.

Answers

The probability of drawing the Blue 4 is an example of .R′f.E′

Red cards = 1,2,3

Blue cards =1,2,3,4,5,6

Pr(R) =  Drawing a red card = 3/9 = 1/3

Pr(B)= Drawing a blue card = 6/9 = 2/3

Pr(E) = Drawing an even card = 4/9

Pr(O) = Drawing an odd number card = 5/9

Probability of drawing the blue 4 ? = Pr(blue, 4) = 1/9

From the options

(A) R or O = Pr(R) + Pr(O)  = 1/3 + 1/9 = 8/9 ........(Not equal to 1/9)

(B) B and O = Pr(B) × Pr(O) =  2/3 × 5/9 = 10/21......(Not equal to 1/9)

(C) R or E = Pr(R) + Pr(E) = 1/3 + 4/9 = 7/9.......(Not equal to 1/9)

(D) R and O = Pr(R) + Pr(O) = 1/3 × 5/9 = 5/27.......(Not equal to 1/9)

(E) R'. E' = 1-Pr(R)-1-Pr(E) =

                1-1/3 =2/3- 1-4/9 =5/9

               2/3-5/9 = 1/9......( equal to 1/9).

Hence, the probability of drawing the Blue 4 is an example of .R′f.E′

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Disclaimer: the question given by you is incomplete, the solution is done as per a similiar question which is

A deck of cards contains RED cards numbered 1,2,3 and BLUE cards numbered 1,2,3,4,5,6. Let R be the event of drawing a red card, B the event of drawing a blue card, E the event of drawing an even numbered card, and O the event of drawing an odd card.Drawing the Blue 4 is an example of which of the following events? Select all correct answers.Select all that apply:a.R OR Ob.B AND Oc.R OR Ed.R AND Oe.R′f.E′

The half-life of radium is 1690 years. If 30 grams are present now, how much will be present in 720 years?

Answers

Answer:

22.3 gm

Step-by-step explanation:

720 is this many half lives :   720 / 1690

   so there will be this much left   30 gm ( 1/2)^(720/1690) = 22.3 gm

2. A local grocery store received 240 turkeys the week prior to Thanksgiving. On Sunday,
they sold 3/8 of them. How many turkeys were sold on Sunday? Solve the problem
using the Draw a Diagram strategy.

Answers

The number of  turkeys that they sold on Sunday is 90 turkeys

Total number of turkeys = 240

On Sunday, they sold 3/8 of them

The fraction of turkeys they sold on Sunday = 3/8

To find the number of turkeys that they sold on Sunday we have to find the 3/8 fraction of 240

Then,

The number of turkeys that they sold on Sunday = Total number of turkeys × The fraction of turkeys they sold on Sunday

Substitute the values in the equation

The number of turkeys that they sold on Sunday = 240 × 3/8

= 240 × 0.375

= 90 turkeys

Hence, the number of  turkeys that they sold on Sunday is 90 turkeys

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Choose a variable, write a inequality, and solve the inequality.

The sum of a number and -2 is no more than 6

Answers

Answer: 4

Step-by-step explanation:  your going to divide -2 by 1 and you get 2 then add 4 and you get 6 pls give me brainliest :)

Resolve:
1:3a + 2a
2:-5b -7b
3:-a² -9a²
4:3a^x-²^+5a^x-²
5:18x - 11x
6:5a - 8a + a -6a + 21a​

Answers

[tex] \bold{1: 3a + 2a \: = 5a}[/tex]

[tex]\bold{2: - 5b - 7b = - 12b}[/tex]

[tex]\bold{3: - a {}^{2} - 9 a{}^{2} = - 10a {}^{2}}[/tex]

[tex]\bold{4: 3a {}^{x - 2} + 5a {}^{x - 2} = 8a {}^{x - 2}}[/tex]

[tex] \bold{5: 18x - 11x = 7x}[/tex]

[tex]\bold{6: 5a - 8a + a - 6a + 21a = 13}[/tex]

The reduction of similar terms is an operation that aims to convert two or more similar terms into a single term.

In these cases you must add or subtract either addition, subtraction or subtraction and addition, using the law of signs.

[tex]\begin{gathered} \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: {\bold{Law \: of \: signs: }} \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: + \times + = + \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: - \times + = - \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: + \times - = - \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: - \times - = + \end{gathered} [/tex]

Suppose a population was 5000 in 2010 and grew to 6000 by 2015. What is the annual
percentage rate of growth?
A. 20%
B. 3.7%
C. 8.2%

Answers

If a population was 5000 in 2010 and grew to 6000 by 2015. What is the annual percentage rate of growth is 9.6%

The initial population was 5000

The population in 2015 is 6000

let the rate of growth be r

aₙ = arⁿ-¹

6000 = 5000 r⁵⁻¹

6000/5000 = r⁴

6/5 = r⁴

r = 1.2⁻⁴

r = 0.48

r = 48%

the annual percentage rate of growth 48/5 = 9.6

Therefore, if a population was 5000 in 2010 and grew to 6000 by 2015. What is the annual percentage rate of growth is 9.6%

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find the slope of the line passing through the points (-2,2) and (-5,5)

Answers

Answer:

The slope of the line passing through the points [tex](-2, 2)[/tex] and [tex](-5, 5)[/tex] is equal to: [tex]-1[/tex]

Step-by-step explanation:

The slope of a line can be found with the following formula

[tex]m=\frac{y_2 - y_1}{x_2 - x_1}[/tex]

Where [tex]x_2 > x_1[/tex]

Then substituting the values ​​with the given ones we have

[tex]m=\frac{y_2 - y_1}{x_2 - x_1} = \frac{2-5}{-2-(-5)}=\frac{-3}{-2+5}=\frac{-3}{3} =-1[/tex]

So the slope of the line passing through the given points is [tex]-1[/tex]

(-3,6), (0,3), (-1,2), and (2,-1) all lie on a line. Find the Slope of the Line. Make Sure You Do Number 11 On The Paper!

Answers

to get the slope of any straight line, we simply need two points off of it, let's use those two from the picture below

[tex](\stackrel{x_1}{-3}~,~\stackrel{y_1}{6})\qquad (\stackrel{x_2}{-1}~,~\stackrel{y_2}{2}) \\\\\\ \stackrel{slope}{m}\implies \cfrac{\stackrel{rise} {\stackrel{y_2}{2}-\stackrel{y1}{6}}}{\underset{run} {\underset{x_2}{-1}-\underset{x_1}{(-3)}}} \implies \cfrac{-4}{-1 +3} \implies \cfrac{ -4 }{ 2 } \implies - 2[/tex]

Suppose you invest $2000 in equipment to put pictures on T-shirts. You buy each T-shirt for $4. After you have placed a picture on a shirt, you sell it for $20. How many T-shirts must you sell to break even?

Answers

Answer:

25

Step-by-step explanation:

2000/4=500

500/20=25

Answer: 125

Step-by-step explanation: you see if you take your 20$ you ern of of selling a shirt then the price you buy it for 4$ then defied it by 2000$ you get 125.

A line passes through the point (2, 7) and has a slope of 5. Write an equation in slope-intercept form for this line.​

Answers

Answer: y = 5x - 3

Step-by-step explanation:

It is a line, so its formula is y = mx + b.

Slope(m) = 5Y-intercept(b) =

         [tex]y=5x+b\\7=5(2)+b\\7=10+b\\b=7-10=-3[/tex]

Therefore, the formula is y = 5x - 3.

Answer:

y=5x-3

Step-by-step explanation:

For the piecewise function, find the values h(-5), h(0), h(5), and h(9).
- 3x-13, for x < -5
h(x) = 5,
h(0) =
h(-5) = (Simplify your answer.)
=(Simplify your answer.)
(Simplify your answer.)
(Simplify your answer.)
=
h(5)=
X+ 7,
h(9) =
for 5≤x<5
for x ≥ 5
2

Answers

Answer:

h(-5) = 5, h(0) = 5, h(5) = 12, h(9) = 16

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

The given function is the combination of three lines:

h(x) = - 3x - 13, for x < - 5,h(x) = 5, for - 5 ≤ x < 5,h(x) = x + 7, for x ≥ 5.

The values of the function at the given points are:

h(-5) = 5, corresponds to second equation,h(0) = 5, same as above,h(5) = 5 + 7 = 12, corresponds to third equation,h(9) = 9 + 7 = 16, same as above.

The table shows a set of points on a line.
y
6
5
4
3
What is the slope of the line?
X
-6
-3
0
3

Answers

The slope of the line is -3 and the equation of the line formed by the points is y + 3x = 6.

From the table we can see that the line passes through the points:

(-6,6) ,(5,-3) ,(4,0) and (3,3) .

Let us consider any two points on the line (4,0) and (3,3) .

We know that the slope of the line can be found by using the intercept formula

Hence slope = (3-0) / (3-4) = 3/ -1 = -3

Now the equation of the line is :

y - 3 = -3(x-3)

or, y - 3 = -3x +9

or, y + 3x = 6

The letter m is frequently used to represent the slope of an object that resembles a line in the plane that contains the x and y axes. The slope is defined as the difference in two independent locations along the line expressed in y coordinate less by the equivalent difference in x coordinate.

Therefore slope of the line is -3.

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what does (cot0)(sin0)(sec0) simplify to

Answers

Answer: c. 1

Step-by-step explanation:

[tex]\displaystyle\\(cot\theta)(sin\theta)(sec\theta)=\\\\\frac{cos\theta}{sin\theta}(sin\theta)\frac{1}{cos\theta} =\\\\\frac{cos\theta (sin\theta)(1)}{sin\theta(cos\theta)}=\\\\1[/tex]

Ken, Mike, and Ariel are eating out at their favorite restaurant. They each order a sandwich combo and plan to split the bill evenly. The service they receive at the restaurant is amazing, so they decide to leave a 30% tip. Their bill total is $50.88 before tax. If Florida’s sales tax is 6%, how much will each person pay? Round your answer to the nearest hundredth.

Answers

Each individual paid the sum of $23.4 including state tax at the restaurant

Percentage

In mathematics, a percentage is a number or ratio that can be expressed as a fraction of 100. If we have to calculate percent of a number, divide the number by the whole and multiply by 100. Hence, the percentage means, a part per hundred. The word per cent means per 100. It is represented by the symbol “%".

In the problem, their total bill is $50.88 and they gave a 30% tip

We should fid 30% of 50.88

0.3 * 50.88 = $15.264

30% of $50.88 is $15.264

If we add this up and then find the state tax to it.

15.264 + 50.88 = 66.144.

Find 6% of 66.144 to determine the state tax.

0.06 * 66.144 = 3.96864

The total amount spent is 66.144 + 3.96864 = 70.11264

We can divide this equally amongst the three people to get the individual payment = 70.11264/3 = 23.37088

Rounding this to the nearest cent, we have 23.4.

We can say each person paid $23.4 at the end of the day

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1. Write the radical below in the simplest radical form. Decimals are not allowed.
√175
2. Write the radical in simplest radical form. Decimals not allowed
√5/12
number 2 is a fraction btw

Answers

The simplest radical form of the radicals given are:

1. The simplest radical form of √175 is 5 √7.

2. The simplest radical form of √5 / 12 is √5 / 12.

First, let us understand the radical:

A radical can also be called a surd. A surd is an irrational number. We say that it is irrational because it can not be expressed as a terminating decimal.

1.

We are given:

√175

We need to write in the simplest radical form.

175 can be written as:

175 = 5 * 5 * 7

√175 = √ 5 * 5 * 7

√175 = √ 5 * 5 * √7

√175 = 5 √7

So, the simplest form of √175 is 5 √7.

2.

We are given:

√5 / 12

We need to write in the simplest radical form.

√5 / 12 is already in the simplest form.

So, the simplest form of √5 / 12 is √5 / 12.

Thus, the simplest radical form of the radicals given are:

1. The simplest radical form of √175 is 5 √7.

2. The simplest radical form of √5 / 12 is √5 / 12.

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1/3 of the guests choose beef

5/12 choose chicken

69 are vegeterian

How many guests are at the wedding

Answers

The number of guests at the wedding is 276.

How to calculate the number of guests?

Since 1/3 of the guests choose beef and 5/12 choose chicken, the fraction for vegetarian will be:

= 1 - (1/3 + 5/12)

= 1 - 3/4

= 1/4

Therefore, let the total number of guests be x.

This will be illustrated as:

1/4 × x = 69

0.25x = 69

Divide

x = 69 / 0.25

x = 276

Therefore, there are 276 guests.

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Evaluate the following algebraic expression:
64-9p when p = 7
O 14
O 63
O 36
01

Answers

Answer:

63 is the answer.

Step-by-step explanation:

9p=9xp, p=7, so 9x7=63. ;)

Juan invested $110,000, 10 years ago at 8% compound quarterly. how much has he accumulated?

use the MS Excel FV function ​

Answers

Answer:

Below

Step-by-step explanation:

The equation ( you need to commit to memory) is:

FV = PV ( 1+i)^n      FV = future value    PV = present value(110 000)

                               i = decimal interest per PERIOD = .08 /4 = .02

                                 n = # of periods = 40  (it is a quarterly period by 10 yrs)

FV = 110 000 ( 1 + .02)^40 =  242 884 .36 dollars

Other Questions
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