An investment of $8500 increases in value by 4.5% every year. How long until the investment
reaches about $17,323. Round to the nearest whole year

Answers

Answer 1

Answer:

At an interest rate of 4.5% compounded annually, it will take 16.17 years to reach $17,323.-

Step-by-step explanation:

Giving the following information:

Present Value (PV)= $8,500

Future value (FV)= $17,323

Interest rate (i)= 4.5%

To calculate the time required for the investment to reach the objective, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)  

n= ln(17,323/8,500) / ln(1.045)

n= 16.17 years

At an interest rate of 4.5% compounded annually, it will take 16.17 years to reach $17,323.-


Related Questions

Not sure if i already asked this one! Math help please :)

Answers

Answer:

Hello again!

Original coordinates: 5, -2

New coordinates: 0, 4

Heres a picture demonstration to find the new coordinates. How I moved 5 left and 6 up

Hope that helps!

Please help on this...
Fine the perimeter and the area of this.

Answers

Answer:

p = 18 in

a = 25 in²

Step-by-step explanation:

perimeter = sum  of the sides

p = 4 1/3 + 5 1/3 + 8 1/3

p = 18 in

Area = 1/2 * base * height

a = 1/2 * 8 1/3 * 6

a = 1/2 * 50

a = 25 in²

Answer:

[tex]p=18\:\mathrm{in},\\A=25\:\mathrm{in^2}[/tex]

Step-by-step explanation:

The area of a triangle is given by [tex]A=\frac{1}{2}\cdot b\cdot h[/tex]. By definition, the base and height must intersect at a [tex]90^{\circ}[/tex] angle.

In this diagram, we notice that the lengths [tex]8\frac{1}{3}[/tex] and [tex]6[/tex] intersect at a [tex]90^{\circ}[/tex], so we can use them as the base and height of the triangle, respectively.

Therefore, the area of the triangle is equal to:

[tex]A=\frac{1}{2}\cdot 6\cdot 8\frac{1}{3}=3\cdot \frac{25}{3}=\boxed{25\:\mathrm{in^2}}[/tex].

The perimeter is simply the sum of all sides of the triangle. Thus, we have:

[tex]p=4\frac{1}{3}+8\frac{1}{3}+5\frac{1}{3}=4+8+5+1=\boxed{18\:\mathrm{in}}[/tex]

A coin is tossed twice. Let Z denote the number of heads on the first toss and W the number of heads on the second toss. If the coin is unbalanced and a head has a 40% chance of occurring, find

Answers

Answer:

0.64

Step-by-step explanation:

Prob ( Head ) = 40% = 0.4 , Prob ( Tail )  = 1 - 40% = 60% = 0.6

4 outcomes =  (Head Tail) , (Tail Head) , (Head Head) , (Tail , Tail)

Prob (Atleast one head) = Pr (Head Tail) + Pr (Tail Head)  + Pr (Head Head)

(0.4) (0.6) +  (0.6) (0.4) = 0.24 + 0.24 + 0.16 = 0.64

A chemist mixes 25 milliliters of a solution that is 44% acid with 225 milliliters of pure acid.
(a) How many milliliters of acid are in the resulting
mixture?
milliliters
(b) What percentage of the resulting mixture is acid?

Answers

Answer:  a) 236 ml  b) 94.4 %

Step-by-step explanation:  a) in 44 % solution there is 0.44 · 25 ml = 11 ml.

Total volume of acid is 225 ml + 11 ml = 236 ml

b) vol-% of acid is 236 ml /(225 ml + 25 ml) · 100 % = 94.4 %

The milliliters of acid that are in the resulting mixture is 236 millimeters and the percentage of the resulting mixture is acid is 94.4%.

a. The milliliters of acid are in the resulting mixture will be:

= 225 ml + (44% × 25ml)

= 225ml + (0.44 × 25ml)

= 225ml + 11ml

= 236ml

b. The percentage of the resulting mixture that is acid will be:

= [(236ml / (25ml + 225ml)] × 100

= (236ml/250ml) × 100

= 94.4%

Read related link on:

https://brainly.com/question/24017475

Lawns by Brawns uses 13 ounces of fertilizer for 6.5 acres. Assume the company is fertilizing 0.5 of an acre. How much fertilizer does it need

Answers

13 for 6.5
X for 0.5
0.5/6.5*13=1
1 ounce for 0.5 arce

Amount of fertilizers required for 0.5 acres = 1 onces.

What is unitary method?

Unitary method is a process with the aid of which we discover the fee of a unmarried unit from the cost of multiple units and the cost of a couple of gadgets from the fee of a unmarried unit. it's far a method that we use for most of the calculations in math.

The technique wherein first we discover the fee of one unit after which the price of the desired wide variety of devices is known as the Unitary method.The formula for unitary approach is to find the price of a unmarried unit after which locate the value of extra or fewer devices by way of multiplying their quantity with the value of a unmarried unit.

In case we are having the cost of multiple items with us, then we are able to genuinely divide the entire cost with the quantity of units to get the price of 1 unit and this technique is known as the unitary method. In easy terms, the unitary method is used to locate the cost of a unmarried unit from a given multiple.

Unitary approach is the technique via which we discover the value of a unmarried unit from the value of multiple units and then use this price to locate the cost of the specified wide variety of devices. cost of many devices.

explanation;

13 0nces of fertilizers required for 6.5 acres

for 1 acres land = 13 / 6.5
onces of fertilizers required = 2 onces  

for 0.5 acres = 2 *0.5 = 1 onces of fertilizers required.

Hence required fertilizers = 1 onces.

Learn more about unitary method here:-https://brainly.com/question/24587372

#SPJ2

ddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd x/8+3=12

Answers

?????????????????????????

PLEASE ANSWER 10 POINTS
what is the probability of rolling either a two or a three on a six sided number cube

Answers

Therefore the Probability of a 3 as the outcome, is ( 1/6 ). Or you can type in.. There are 6 sides on the number cube, each with an equal probability of being a specific outcome.
I don’t know search it up

Find the circumference of the pizza 18in to the nearest hundredth. circumference: about in.

Answers

Answer:56.55

Step-by-step explanation:

2 x pi x radius which is half of 18 so 9 is about 5.487 and rounded to the nearest hundredth is 56.55.

In ΔSTU, s = 98 inches, t = 92 inches and u=70 inches. Find the measure of ∠U to the nearest 10th of a degree.

Answers

Answer: is 43.1

Step-by-step explanation:

Find the sum of the first 21 terms of the sequence 5,9, 13, 17, 21, ...

Answers

21(5+85)/2= 21•45= 945

Using π = 3.14, find the area of a circle with a radius of 16.

Round your answer to the nearest hundredth.

Answers

29 because the original answer would have been 28.26

Gail works for Ice Cream To-Go. She needs to fill the new chocolate dip cones completely with vanilla ice cream, so that it is level with the top of the cone. Gail knows that the radius of the inside of the cone top is 25 millimeters and the height of the inside of the cone is 129 millimeters.

Using 3.14 for , how much vanilla ice cream will one chocolate dip cone hold when filled to be level with the top of the cone?

Answers

Answer:

In other words, they want you to find the volume of the cone.

Volume of a cone=1/3 (pi * radius^2 *h)

Volume=1/3 [3.14* (22)^2 * 120]

Volume=1/3 (3.14*484*120)

Volume=1/3 (182371.2)

Volume= 182371.2/3

Volume=60790.4

The volume of the cone is 60790.4mm^3

But that is not the final answer. Since liquid is measured in litres, You need to convert it to millilitres. So the answer is that one chocolate dip cone can hold a maximum of 60.9704 milliliters  

Step-by-step explanation:

Hope this helps


‼️‼️‼️‼️

NO LINKS NO LINKS

PLEASE HELP WILL GIVE BRAINLIEST

Answers

Answer:

D: 50 Square Units

Step-by-step explanation:

Answer:

the answer is D :50

Step-by-step explanation:

goodluck:)

5. Jon Metcalf signed a 253-day simple interest note for $7700 with a bank that uses exact interest. If the rate is 10 3/4% find the maturity value.

Answers

Answer:

8281.72

Step-by-step explanation:

Given:

Principal, P = 7700

Rate, r = 10 3/4 % = 43/4 % = 0.1075

Time, t = 253 days = 253/ 360

Using the relation :

A = P(1 + rt)

A = maturity value

A = 7700(1 + 0.1075*253/360)

A = 7700(1 + 0.0755486)

A = 7700(1.0755486)

A = 8281.7243

A = 8281.72

write a trigonometric expression for the refracted angle and write the refracted angle in terms of distance d and material width w

Answers

Answer: The Diagram of the refracted angle is attached below

answer :  ∅ = cos^-1 ( w/d )

Step-by-step explanation:

The trigonometric expression for the refracted angle  

with respect to ; Distance ( d )  and width ( w )

Cos ∅ = Adjacent / Hypotenuse ----- ( 1 )

where; adjacent = W . Hypotenuse = d

back to equation 1

Cos ∅ = w / d

∅ = cos^-1 ( w/d )

WILL GIVE BRAINLIEST!!!!
Plot the image of quadrilateral ABCD under a reflection across line L.​

Answers

Answer:

See image

Step-by-step explanation:

I clicked submit and it was right

Also dude I remember doing this and struggling before

if 2 X + 1 ,2 x-1 and 3 X + 4 are in AP find the value of x​

Answers

Answer:

x = - 7

Step-by-step explanation:

Given that the terms are in AP , then

a₃ - a₂ = a₂ - a₁ , substitute values

3x + 4 - (2x - 1) = 2x - 1 - (2x + 1) ← distribute and simplify both sides

3x + 4 - 2x + 1 = 2x - 1 - 2x - 1

x + 5 = - 2 ( subtract 5 from both sides )

x = - 7

In a survey of randomly selected 3,900 family-owned businesses with revenues exceeding $1 million a year, it was found that 1,911 of them had no strategic business plan. a) Use a 90% confidence interval to estimate the proportion of family-owned businesses without strategic business plans. Give an interpretation of this interval. (5 Points) b) Would a 99% confidence interval be wider or narrower than the one you calculated in part (a)

Answers

Answer:

a) The 90% confidence interval to estimate the proportion of family-owned businesses without strategic business plans is (0.4768, 0.5032). This means that we are 90% sure that the true proportion of all family-owned businesses without strategic business plans is between these two values.

b) Wider

Step-by-step explanation:

Question a:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the z-score that has a p-value of [tex]1 - \frac{\alpha}{2}[/tex].

In a survey of randomly selected 3,900 family-owned businesses with revenues exceeding $1 million a year, it was found that 1,911 of them had no strategic business plan.

This means that [tex]n = 3900, \pi = \frac{1911}{3900} = 0.49[/tex]

90% confidence level

So [tex]\alpha = 0.1[/tex], z is the value of Z that has a p-value of [tex]1 - \frac{0.1}{2} = 0.95[/tex], so [tex]Z = 1.645[/tex].

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.49 - 1.645\sqrt{\frac{0.49*0.51}{3900}} = 0.4768[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.49 + 1.645\sqrt{\frac{0.49*0.51}{3900}} = 0.5032[/tex]

The 90% confidence interval to estimate the proportion of family-owned businesses without strategic business plans is (0.4768, 0.5032). This means that we are 90% sure that the true proportion of all family-owned businesses without strategic business plans is between these two values.

Question b:

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

The higher the confidence level, the higher the value of z, thus the higher the margin of error and the interval is wider. Thus, a 99% confidence interval is wider than a 90% confidence interval.

What is the formula for the volume of a sphere with radius /?

Answers

Answer:

B is the correct answer.......

Answer:

The answer is B. [tex]\frac{4}{3}[/tex][tex]\pi[/tex][tex]r^{3}[/tex].

A theater has 35 seats in the first row. Each row has four more seats than the row before it. Which expression represents the number of seats in the nth row?

Answers

Answer:

35x4

Step-by-step explanation:

Identify the consequences (i.e., increase, decrease, no change) that the following procedures are likely to have on bias and sampling error in an experimental study. Assigning treatments to subjects alphabetically Increase sample size Calculating power Applying every treatment to every experimental unit in random order Using a sample of convenience instead of a random sample Testing only one treatment group without a control Using a balanced design Informing the human participants of which treatment they will receive

Answers

Answer:

A) Bias: Increase

Sampling error: No change

B) Bias: No change

Sampling error: Increase

C) Bias: No change

Sampling error: No change

D) Bias: Increase

Sampling error: No change

E) Bias: Increase

Sampling error: No change

F) Bias: Increase

Sampling error: No change

G) Bias: No change

Sampling error: Decrease

H) Bias: Increase

Sampling error: No change

Step-by-step explanation:

A) Assigning treatments to subjects alphabetically: In this method, treatments are not assigned randomly but alphabetically and thus, it leads to an increase in bias because it's possible that one letter may be favoured over the other. Whereas, sampling error will not change because there's no effect on the sample size.

Thus;

Bias: Increase

Sampling error: No change

B) Increase sample size: In this method, it's only the probability of sampling error that will be increased because the more the sample, the higher the room for error.

Thus;

Bias: No change

Sampling error: Increase.

C) Power is the probability of rejecting the null hypothesis when the alternative hypothesis is true.

Now, this has no effect on the bias or sampling error.

Bias: No change

Sampling error: No change

D) Applying every treatment to every experimental unit in random order: In this there is possibility of an increase in bias because it's possible that some units may or may not have as much treatment as others. But it doesn't affect sampling. Thus;

Bias: Increase

Sampling error: No change

E) Using a sample of convenience instead of a random sample: In this method, there is a high risk of an increase in bias because the sample was selected conveniently instead of randomly. Thus;

Bias: Increase

Sampling error: No change

F) Testing only one treatment group, without a control group; In this method, since there is no control group, there is high probability of an increase in bias but it doesn't affect sampling error.

Thus;

Bias: Increase

Sampling error: No change

G) Using a balanced design; In this method, it means we will not have any bias as the result will be very fair, however it means there would be less of sampling error due to the fair nature of the design. Thus;

Bias: No change

Sampling error: Decrease

H) Informing the human participants of which treatment they will receive; In this method, since the human participants are informed of which treatment they would receive they could alter their responses which would lead to an increase in the bias. Whereas, it would have ko effect on the sampling error. Thus;

Bias: Increase

Sampling error: No change


PLSSSS HELLPPPPP!!!

Answers

Answer: B, D, and F

Step-by-step explanation:

Hi, so for this question, the phone bill is in an equation. Before doing this problem, make sure to understand what the 2 and 56 mean. The problem says that c is the monthly charge, and m is the number of minutes. This means that 2 is the number of dollars required to pay when you use the phone for one minute. So 2 dollars per minute. The 56 is basically the fee that is just charged for using the phone bill. Meaning that even if you don't use the phone at all, you will still need to pay 56 dollars.

By understanding those info, it should be easier to answer.

For A, it is not correct. if you look, although 2*4 is 8 dollars, but you need to add 56 for the monthly bill. (I think when they say 'your bill' they mean the monthly bill).

For B, it is correct. Like I said before, the 56 dollars is there no matter how long you use the phone.

For C, it is not correct. This isn't hard to understand since if B is correct, C is probably not, and vise versa. And the 56 dollars is missing.

For D, it is correct. As I said before, the 2 represents the amount of dollars for one minute.

For E, it is not correct. (Contradicts the previous answer and each minute costs 2 dollars).

For F, it is correct. When you use 2 minutes, the equation is 2*2+56 which is 60 dollars.

Hopefully this helps!

B and F
All u need to do is substitute the numbers given in the possible solutions into the general equation.

What does it mean when the result of solving a linear equation is x = 0?

a.
no solution
c.
the equation must be wrong
b.
zero is a valid solution
d.
like terms were not combined correctly


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

a.no solution

Step-by-step explanation:

The solution x = 0 means that the value 0 satisfies the equation, so there is a solution. “No solution” means that there is no value, not even 0, which would satisfy the equation. ... If you substitute these values into the original equation, you'll see that they do not satisfy the equation

PLZ Help ASAP I Dont understand​

Answers

2 y determinant is the answer

If the graph of a linear equation is translated 4 units down, which statement best describes the change to the equation?


A.The y-intercept of the equation is decreased by 4.
B.The y-intercept of the equation is increased by 4.
C.The slope is changed by a factor of −4
D.The slope is changed by a factor of 4.

Answers

The answer is A
The slope is not affected. The y-intercept does not increase.

The slope is not affected. The y-intercept does not increase. The correct option is A.

What is coordinate geometry?

A coordinate plane is a 2D plane that is formed by the intersection of two perpendicular lines known as the x-axis and y-axis. A coordinate system in geometry is a method for determining the positions of the points by using one or more numbers or coordinates.

A translation in mathematics moves a shape left, right, up, or down but does not turn it. The translated (or image) shapes appear to be the same size as the original shape, indicating that they are congruent. They've just moved in one or more directions.

Given that if the graph of a linear equation is translated 4 units down. The slope remains unaffected. The y-intercept does not grow.

To know more about coordinate geometry follow

https://brainly.com/question/18493427

#SPJ6

9. Simplify 1/2 (4a + b) - 1/4 (4a + b)

А. a
B. a + 1/4 b
C. 2a + 1/4 b
D. 2a - b

Answers

B: a+ 1/4b Hope this helps!

B. [tex]a + \frac{1}{4} b[/tex] ✅

Step-by-step explanation:

[tex] \frac{1}{2} (4a + b) - \frac{1}{4} (4a + b) \\ = \frac{4a + b}{2} - \frac{4a + b}{4} \\ = \frac{2(4a + b)}{2 \times 2} - \frac{4a + b}{4} \\ = \frac{8a + 2b}{4} - \frac{4a + b}{4} \\ = \frac{8a + 2b - 4a - b}{4} \\ = \frac{4a + b}{4} \\ = \frac{4a}{4} + \frac{b}{4} \\ = a \: + \frac{1}{4} b[/tex]

[tex]\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘[/tex]

Write the equation in slope-intercept form for the line that has slope 8 and
y-intercept of 2.

Answers

Answer:

y = 8x + 2

Step-by-step explanation:

Slope interrcept form is

y = mx + b

m is the slope = 8

b is the y-intercept = 2

y = 8x + 2

Find the distance between the points A and B given below.
(That is, find the length of the segment connecting A and B.)
Round your answer to the nearest hundredth.
B
А
1 unit

Answers

Answer:

i dont know sorry

Step-by-step explanation:


Suppose you save $1 the first day of a month, $4 the second day, $16 the third day, and so on. That is, each day you save four times as much as you did the day before. What will you put aside for savings on the seventh day of the month?

Answers

Answer:

$ 4096 on the 7th day

Step-by-step explanation:

From the amount earned for the first 3 days it's 1 , 4 , 16 , .... We realize it increases exponentially.

So therefore:

Day 1 =4⁰

Day 2=4¹

Day 3=4²

Day 4=4³

Day 5=4⁴

Day 6=4⁵

Day 7=4⁶

Therefore on day 7 he saves 4⁶ which is $4096

Here is a list of numbers:
3,16, 7, 19, 1, 12, 3,9,16,12
State the median.

Answers

Answer:

10.5

Step-by-step explanation:

Answer:

Step-by-step explanation:

3,16, 7, 19, 1, 12, 3,9,16,12

First list in ascending order:

= 1 3 3 7 9 12 12 16 16 19

The median is the mean of the middle 2 numbers:

Median = (9 + 12) / 2 = 10.5.

Other Questions
what is the domain of the function? can someone please help me Question 6Match each description with the correct picture.1. Secant and tangent with the vertex outsideII. two secants with the vertex insideIII, two tangents with the vertex outsideIV. two secants with the vertex outsideABDLAIL BTICIV. DBLCII. DHILAIV. BLDII CIV. A52021 Iluminate Education Inc. PLease hurry, ill give brainliest if i can, NO LINKS TO ANWSERS!!!!! if Mike can tune 4 cars in 3 hours. How many cars can Mike tune in 8 hours? How does the fight between Ender and Bonzo end?the teachers break them upEnder winsBonzo winsEnder and Bonzo are both knocked out Simplify the following Someone please help me Ill give out brainliest please dont answer if you dont know an initial investment of $9000 grows at an annual interest rate of 5% compounded continuously. how long will it take to double the investment? HELP AND QUICK What is the area of the shape above?A 6 square inchesB 28 square inchesC 32 square inchesD 38 square inches Is anyone good at chemistry if so Is it possible could someone help me please NO LINKS I REPEAT NO LINKS Help plsIs either x = 7 or x = 9 a solution to 23 >19?A. Neither is a solution.B. They are both solutions.C. x = 7 is a solution, but x = 9 is not.D. x = 9 is a solution, but x = 7 is not Why is the status of Grete's and Gregor's relationship important to the plot of The Metamorphosis. An entrepreneur is someone who develops a business around an innovation. They manage the business and assume the risk for its success.O TrueO False Which of the following statements correctly describes a kingdom in the DomainEukarya?A Kingdom Protista includes single-celled organisms that lack nuclei.B Kingdom Animalia includes multicellular organisms that make their own food.C Kingdom Plantae includes multicellular organisms that can move independently.D Kingdom Fungi includes organisms that get energy by absorbing materials in theirenvironment. Please help me on maths What did the Soviet Union gain from crisis? What did it lose? HELP FAST PLEASE JUST ANSWER FONT EXPLAIN Evan's playroom is 4 m by 3 m. The area of the room is:o 7 m07 m2O 12 mO 12 m2 The ___ is a cold and mostly treeless biome covering about one-fifth of Earths land surface. Question 3 options: tundra taiga desert deciduous forest