An investment of $100 is now valued at $149.18 the interest rate is 8% compounded continuously about how long has the money been invested

Answers

Answer 1

question: An investment of $100 is now valued at $149.18 the interest rate is 8% per year, compounded continuously about how long has the money been invested

Answer:

5.2 years

Step-by-step explanation:

Applying

A = P(1+R/100)ⁿ.......................... Equation 1

Where A = amount, P = principle, R = rate, n = time.

From the question,

Given: A = $149.18, P = $100, R = 8%

Substitute these values into equation 1 and solve for n

149.18 = 100(1+8/100)ⁿ

149.18/100 = (1+8/100)ⁿ

1.4918 = (1+0.08)ⁿ

1.4918 = (1.08)ⁿ

Taking the Logarithm of both side

Log(1.4918) = Log(1.08)ⁿ

Log(1.4918) = nLog(1.08)

n = Log(1.4918)/Log(1.08)

n = 0.1737/0.0334

n = 5.2 years.


Related Questions

A clothing store advertises that its prices are only 10% above cost. What is the store's profit on a coat that is advertised for $160?

Answers

Answer: $16

Explanation: 10% of $160 is $16

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Find the value of tan theta, if cos theta= 4/5; 0< theta < 90​

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Answer:

I'm almost positive that A and D are wrong but please don't kill me if I'm wrong

Step-by-step explanation:

Which expression is equivalent to 3x - (2x + 4) + 5?
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Answers

Answer:

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Step-by-step explanation:

3x - (2x + 4) + 5

3x - 2x - 4 + 5

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A) x = 15

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90 = 5x + 15

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< P is 90°

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2x + 3

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Answer:

DF≅YZ

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XW≅TH

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Step-by-step explanation:

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A zip line starts on a platform that is 40 meters above the ground. The anchor for the zip line is 198 horizontal meters from the base of the platform. How long is the zip line? help grifjin

Answers

Answer:

Solution given:

perpendicular distance =height [p]=40m

base or horizontal distance [b]=198m

Hypotenuse or zip line [h]=?

Now

By using Pythagoras law

h²=p²+b²

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h=√40804

h=202m

So the Zip line is 202m long.

A hiker has 2 pairs of hiking shoes, 3 shirts, and 5 pairs of shorts to choose from. How does the number of combinations of shoes, shirts, and shorts change as the
hiker adds a new pair of shorts to his collection? Explain.
If the hiker adds
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which is
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Answers

Answer: 12

Step-by-step explanation:

There are 12 different combinations

If you base it off of the 2 pairs of shoes, each one goes over each shirt twice, and each pair of shorts will go over once

An ice cream shop offers 6 different flavors of ice cream and 11
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Answers

Answer:

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Step-by-step explanation:

Since these two events are independent, multiply the two probabilities together:

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Answers

Answer:1.85+x=5.30

Step-by-step explanation: ez

Answer:

1.85 + x = 5.30

Step-by-step explanation:

It started of at 1.85 meters

After awhile it has reached a height of 5.30

If x represents the meters the tree has grown then x + 1.85 will equal 5.30 as the tree started off at 1.85 meters and reached a height of 5.30

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Answers

to get the perimeter of a circle you need to use the formula 2xpix r
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Answer:

C

Step-by-step explanation:

Sine equals opposite over hypotenuse, which would be y/19. To find y multiply by 19 to get y=19sin33°

Correct answer: 19cos33°

The values given are 19 (hypotenuse), y (adjacent side), and the angle (33°)

The formula for cosine is adjacent side divided by the hypotenuse

After plugging in the values given into the formula cosx=ad/h, we have:

Cos33°=y/19 Here, we need to isolate the Y

And, the final result is
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So, the correct answer is the letter D

HELP! THIS IS DUE TODAY, and i will mark brainlest!

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Answer: The first one:

The graph is a function because each input has exactly one output.

Please mark brainliest.  Hope this helps.

Is 3 a solution to 3x + 5 = 5x + 6 - 2

Answers

Answer:

no

Step-by-step explanation:

it's X= 0.5

group like terms

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simplify the equation

-2x = -1

divide through by the coefficient of X

x = 0.5

Regina owns a book store. She sold 87, 94, 91, and 84 books on the first 4 days of this week. Regina wants to have a mean of 90 books sold after 5 days NEED IT FAST

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Answer:

If Regina wants a mean of 90, she needs to sell 94 books on the 5th day.

In the diagram, the measures of 23 and 27 are 45°. The measure of Z5 is 135º. Are lines cand d parallel? e 1. 2 3 d 6 5 7 8​

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Answer is A angles 3 and 7 are congruent

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Answer:

Step-by-step explanation:

In Earth’s atmosphere, the speed of sound can be approximated using partial variation. The speed of sound is approximately 331 m/s at 0°C and approximately 343 m/s at 20°C.
Jenny yells out “Hello” in a canyon when the air
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Given the info, we can do 343-331=12 and 20-0=20. Then divide both by 2 to get a ratio of 6:10. This indicates that if temperature is 10, speed will be 6 m/s. I order to get the distance, multiply 6 m/s by 1.4 s, the unit s (second) cancels out and the answer is 8.4 m.

Mrs. Thomas has two rolls of garden edging that are each 96 inches long.

She wants to make two new flower beds in her back yard. Each flower bed

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Answers

Answer:

A) The total length of each edging in her scale drawing would be 19.2 centimeters.

B) Square or rectangle

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angle β=  36.87 degrees

height=  32 inches

base= 24 inches

hypotenuse 40 inches.

Step-by-step explanation:

Part A:

If the roll edging is 96 inches long and the scale chosen is

5inches = 1 cm

96inches /5= 19.2cm

The total length of each edging in her scale drawing would be 19.2 centimeters.

Part B:

The quadrilaterals such rectangle square right  trapezoid have a pair of 90 degrees angles.

If we choose a square shape then all sides must be equal. And we have a length of 19.2 centimeters.

Dividing 19.2 by 4  gives 4.8 cm for each side.

Figure A  shows a square and has 4 sides equal and 4 right angles.

If we choose a rectangle shape then 2 sides must be equal. We have a length of 19.2 centimeters.

Suppose the length is 2 times more than the width

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Figure B shows a rectangle  and has 2 sides equal and 4 right angles.

It depends on which quadrilateral you wish to choose.

Part C:

Using Pythagorus theorem if the base and altitude are given then the hypotenuse can be found out using the following formula.

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c²= 6.4² +4.8²

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c= √64 = 8

The third side must be equal to 8 centimeters.

Using the formula

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Answers

Answer:

8,000 pounds

Step-by-step explanation:

1 US ton = 2,000 pounds

[tex]\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}[/tex]

8000 pounds.

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Thanks Hope it helps.

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Answers

Answer:

£189

Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

24

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Answers

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y=.5x-2

Step-by-step explanation:

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2=.5(8)+b

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Answer:

hope it helps

stay safe healthy and happy.

Please help will mark brainliest

Answers

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Step-by-step explanation:

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Answers

Answer: 6 hours

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Answers

the base is 6ft of the billboard

Find the area of the trapezoid

Answers

Answer:

45

Step-by-step explanation:

5) A bag contains eight red
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Answers

Answer:

P(B,R) = 24.490%

Step-by-step explanation:

P(B,R) = 6/14 x 8/14 which can be simplified to become 12/49 or 24.490%

1 Pound = 16 ounces
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Answers

[tex]\huge{\textbf{\textsf{{\color{navy}{An}}{\purple{sw}}{\pink{er}} {\color{pink}{:}}}}}[/tex]

38 ounces.

Thanks.Hope it helps.

Answer:

32 ounces........

..

Step-by-step explanation:

.................
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