How long will it take Eniola to save $5,000 if she started with $500 and found a rate of 6. 2%? Round to the nearest whole number

Answers

Answer 1

Answer:

38.28 years

Step-by-step explanation:

The computation of the time period is shown below:

Given that

RATE = 6.2%

PV = $500

PMT = $0

FV = $5,000

The formula is shown below:

= NPER(RATE;PMT;-PV;FV;TYPE)

After applying the above formula, the time period is 38.28 years

Hence, in order to save $5,000 it would take 38.28 years


Related Questions

Olivia has a beaded necklace business. She can make 12 necklaces in 2 hours. How long will it take her to make 9 necklaces?

Answers

Answer:

1.5hours

Step-by-step explanation:

can anyone help me with this please ive been stuck on this for the longest

Answers

Answer:

step by step solution:

(r/p)(9) = (9+1)²/(9-4) = 100/5 = 20

(q.s)(3) = (-2(3)+7).(3(3)² - 5(3)) = 1×12 = 12

(q/r)(-1) = (-2(-1) + 7)/(-1+1)² = 9/0 = Undefined

(t + s)(4) = -(4)² + 4(4) + 9 + 3(4)² -5(4) = -16 + 16 +9 + 48 - 20= 37

(s o p)(8) = s(p(8)) = s(8-4) = s(4) = 3(4)² -5(4) = 48 - 20 = 28

(q o t)(7) = q(t(7)) = q(-(7)² + 4(7) + 9) = q(-12) = -2(-12) + 7= 24+7 = 31

(r o u)(1) = r(u(1)) = r(1+6) = r(7) = (7+1)² = 64

(t o s)(0) = t(s(0)) = t(0) = 9

(u-p)(-3) = (-3)³ + 6(-3) - (-3) + 4 = -27 -18 + 3 + 4 = -38

(u o r)(-2) = u(r(-2)) = u((-2+1)²) = u(1) = 1 + 6 = 7

(q o q)(6) = q(q(6)) =q (-2(6) + 7) = q(-5) = -2(-5) + 7 = 17

END

Pls help me
AND

PLS FOLLOW THE RULES

TROLL FOR POINTS= REPORT

FIRST AND CORRECT ANSWER= BRAINLIEST

( NO LINKS ) at all

Answers

Pythagorean Theorem: a^2 + b^2 = c^2

a = 23 m

b = 11 m

c^2 = (23 m)^2 + (11 m)^2 = 650 m^2

c = sqrt(650 m^2) = 25.5 (rounded to nearest tenth)

Solve for value and variable. Be sure to write a proportion

Please give full explanation that would be helpful.

Answers

Answer:

Step-by-step explanation:

Basic propotionality theorem: If a line is drawn paralle to one side of a triangle and intersect other two sides in distinct points, then the line segment divide the two linesin same ratio.

[tex]\sf \dfrac{LP}{PN}=\dfrac{LO}{OM}\\\\\dfrac{x+12}{5}=\dfrac{22}{8}\\\\\text{cross multiply,}\\\\[/tex]

8*(x + 12) = 22*5

8x + 8*12 = 110

 8x + 96 = 110

        8x = 110 - 96

        8x = 14

          x = 14/8

          x = 1.75

Is (-6, -7) a solution to this system of equations?

y = 4x + 9
y = 2x + 5

Yes or no

Answers

Answer:

The answer is no

*View the attached graph to check your answer graphically.*

Step-by-step explanation:

y = 4x + 9

y = 2x + 5

For this problem, I will be using substitution, since the both equations are already in the slope-intercept form, and it's a little easier than the elimination method.

First, I will substitute the first equation, for y, into the second equation:

y = 4x + 9

y = 2x + 5

4x + 9 = 2x + 5

Next, subtract 2x from both sides to isolate x:

4x + 9 = 2x + 5

-2x      -2x

2x + 9 = 5

Then, subtract 9 from both sides:

2x + 9 = 5

     - 9  - 9

2x = -4

Now, divide both sides by 2:

2x = -4

/2    /2

x = -2

Now, we find the value of y, by substituting -2 for x:

y = 2x + 5

y = 2(-2) + 5

y = -4 + 5

y = 1

(x, y) ==> (-2, 1)

Check your answer using (-2, 1):

y = 2x + 5

1 = 2(-2) + 5

1 = -4 + 5

1 = 1

This statment is correct

y = 4x + 9

1 = 4(-2) + 9

1 = -8 + 9

1 = 1

This statment is also correct

Check your answer using  (-6, -7):

y = 2x + 5

-7 = 2(-6) + 5

-7 = -12 + 5

-7 = -7

This statment is correct

y = 4x + 9

-7 = 4(-6) + 9

-7 = -24 + 9

-7 = -15

This statment is NOT correct

Therefore, no (-6,-7) is NOT a solution to this system of equations.

*View the attached graph to check your answer graphically.*

Hope this helps!

Answer:

no

Step-by-step explanation:

What is the following product?
3V24•3V45 3V69 4(3V6) 6(3V5) 6(3V10)

Answers

Answer:

option 3

Step-by-step explanation:

6(3√5)

When plotting an ordered pair, X comes before Y

Answers

Answer:

True

Step-by-step explanation:

I always remember it, over then up

If you had a coupon for $0.50 off the price for one of your items, would this change your answer for which is a better buy? Give an example

Answers

Answer: yes it would change my answer for what is a better buy

Step-by-step explanation: if you buy a $1.98 large soda for 50¢ off you’ll have a $1.48 soda that is only 30¢ more but the size is significantly larger

a cone has a volume of 1144.53 cubic inches. the base of the cone has a radius of 9 inches. what is the height of the cone? record your answer to the nearest tenth of an inch. Use 3.14 for pie

Answers

Answer: 13.5 in

Step-by-step explanation:

The formula for the volume of a cone is: V = π*r^2*(h/3).

Therefore, when the given numbers are plugged in, it becomes:

1144.53 = (3.14)(9^2)(h/3).

Solving this for h, we get the answer of 13.5 in

You decide to put $2,000 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rate of 4% per year and is compounded monthly,
how long does it take until you have $3.000 without depositing any additional funds?

Answers

Answer:

12.5 years = 216 months

Step-by-step explanation:

4% of 2000= $80

1000/80=12.5

It will take 12.5 years to make $1000 on its own without adding additonal funds.

Please help with this question I have been stuck on it for so long

Answers

Answer:

Step-by-step explanation:

If i is 300 times as much as k, then i=300k.

So we have k(something)=300k -> that something is 300

If 2a+2/a=4, what is the value of 2a^2+2/a^2

Answers

Answer:

4

Step-by-step explanation:

2a + 2 / a = 4

2a + 2 = 4a

4a - 2a = 2

2a = 2

a = 1

2a² + 2 / a²

a = 1

2(1²) + 2 / 1²

2 + 2 / 1

4

In circle C with m \angle BCD= 46m∠BCD=46 and BC=3BC=3 units, find the length of arc BD. Round to the nearest hundredth.

Answers

The length of arc of the given circle, to the nearest hundreth, is: 2.41 units.

What is the Length of an Arc?

Length of arc = ∅/360 × 2πr, where the radius of the circle is r, and the reference angle is ∅.

We are given the following:

Radius (r) = 3 units

Reference angle (∅) = 46°

Plug in the values into the length of arc formula:

Length of arc = 46/360 × 2π(3)

Length of arc = 2.41 units.

Therefore, the length of arc of the given circle, to the nearest hundreth, is: 2.41 units.

Learn more about length of arc on:

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Which expression has a value of 13? (2 points)

a
(20 ÷ 4) − 4 + 3 x 2
b
(18 ÷ 2) + 6 ÷ 6 + 3
c
(16 ÷ 4) + 3 x 4 − 1
d
(10 ÷ 2) − 3 + 4 x 2

Answers

Answer:

it is option B that is correct

Step-by-step explanation:

use BODMAS

B- Brackets

O-order

D-division

M-multiplication

Addition

Subtraction

ABC is a straight line. BD=BC Angle ADB=80° Angle BDC=20° Work out the size of the angle marked x. Give reason for your answer. ​

Answers

Answer:

hai

Step-by-step explanation:

Pak Awi mau beli jam tangan Rolex hulk submarine dengan harga 300jt. Dia mau beli 2 tahun lagi

dengan asumsi harga jam naik 2% / tahun. Future Value

Uang pak awi sekarang hanya 100jt, berapa yang harus pak awi tabung tiap bulan nya agar 2 tahun lagi

dia bisa beli jam tangan tersebut, jika bunga tahunan adalah 15% / tahun (pajak = 10%) ??? Present

value. Future value. Present value annuity.

Bunga di terima per bulan, dan tetap di gulung.

Ya Berapa yang dia tabung tiap bulan

-pakai tabel

Keisha received a $90 gift card for a coffee store. She used it in buying some coffee that costs $8.47 per pound. After buying the coffee, she had $47.65 left on her card. How many pounds of coffee did she buy?

Answers

Subtract to find how much was spent on coffee:

90 - 47.65 = 42.35

Divide what was spent by the price per pound:

42.35 / 8.47 = 5

They bought 5 pounds of coffee

Alice has a total of 12 dimes and nickels. She has 2 more nickles than dimes

Answers

She has five dimes and seven nickels with a total of $.85

The total number of nickles that Alice has got for this case is 14. The total amount of money from those nickle and dimes that Alice hold is $1.9

What are nickles, dimes, quarters and cents?

A dollar is further divided into some majorly used parts as:

A cent = 100th part of a dollar = $1/100 = $0.01A nickle= 20th part of a dollar = $1/20 = $0.05A dime = 10th part of a dollar = $1/10 = $0.10A quarter = 4th part of a dollar = $1/4 = $0.25

How to form mathematical expression from the given description?

You can represent the unknown amounts by the use of variables. Follow whatever the description is and convert it one by one mathematically. For example if it is asked to increase some item by 4 , then you can add 4 in that item to increase it by 4. If something is for example, doubled, then you can multiply that thing by 2 and so on methods can be used to convert description to mathematical expressions.

For this case, we're specified that:

Alice has a total of 12 dimes and nickels.She has 2 more nickles than dimes

Suppose that she has got 'x' nickles.

Then, as it is given that she has 2 more nickles than dimes, therefore, we get:

number of nickles = 2 + number of dimes

x = 2 + 12 = 14

Thus, Alice has got  12 dimes and 14 nickles.

1 dime = $0.1 12 dime = [tex]12 \times 0.1 = \$1.2[/tex]

Similarly, we have:

1 nickle = $0.0514 dime = [tex]14 \times 0.05 = \$0.7[/tex]

Thus, the total amount of money she got is $1.2 + $0.7 = $1.9

Thus, the total number of nickles that Alice has got for this case is 14. The total amount of money from those nickle and dimes that Alice hold is $1.9

Learn more about forming equations here:

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Anona poured 5.6 cups of
water into her dog's water bowl
this morning. If her dog drinks 27 fluid ounces of the water,
how many fluid ounces of water
will be left in the bowl?

Answers

Answer:

Step-by-step explanation: 5.6 would be the add on to 27 so since it included the key word '' left'' you'd substract the two and you'd get your answer, just use calculator. You got this!!!

Go sub to clan fbib !!!!!

Jorge has 24 ounces of baking powder to use for baking loaves of bread. If each loaf of bread requires 1/4 of an ounce of baking powder, how many loaves of bread will Jorge be able to bake?

loaves of bread

Answers

Jorge has 24 ounces of baking power to use.
If each loaf of bread needs 1/4 which is equivalent to 0.25. He would be able to bake 96 loaves of bread


24/0.25= 96 loaves of bread

Yosef found this relationship between the quantities in the table.

x
1
2
3
4
5
y
80
160
240
320
400

Multiply x by 8 to get y.

Which error did Yosef make?
Yosef should have added 80 to the x-values to get the y-values.
Yosef should have added 8 to the x-values to get the y-values.
Yosef should have multiplied the x-values by 40 to get the y-values.
Yosef should have multiplied the x-values by 80 to get the y-values.

Answers

Yosef should have multiplied the x-values by 80 to get the y-values.

Functions and tables

Tables are told used to arrange ungrouped data.

From the given table, we can find the equation by using the coordinate points (1, 80) and (1, 160)

Find the equation of the line

The standard equation of a line is  y = mx + b

m is the slope

b is the y-intercept

Slop = 160-80/2-1

Slope = 80

For the y-intercept

160 = 80(2) + b

b = 0

The required equation is y = 80x

This means that Yosef should have multiplied the x-values by 80 to get the y-values.

Learn more on equation of a line here: https://brainly.com/question/13763238

Answer:

A

Step-by-step explanation:

What is the correct answer for this?

Answers

Answer:

2.744 cubic milimeters

Step-by-step explanation:

Here,

Length ( l ) = 1.4 mm

Base ( b ) = 1.4 mm

Height ( h ) = 1.4 mm

l = b = h = 1.4 mm = a

To find : Volume

This shape is a cube.

Formula : -

Volume of cube = a³

Volume of cube

= 1.4³

= 1.4 x 1.4 x 1.4

= 2.744 cubic milimeters

[tex] \huge\fbox\orange{ANSWER} [/tex]

[tex] \mathsf \purple{v = l \times w \times h}[/tex]

[tex] \mathsf \pink{v = 1.4 \times 1.4 \times 1.4}[/tex]

[tex] \mathsf \purple{v = 2.744 {mm}^{3} }[/tex]

2.74 cubic millimeters

is 17/8 and 1/2 a proportional

Answers

Answer:

No

Step-by-step explanation:

If you simplify 17/8;

You'd get 2 1/8, and that is not proportional to 1/2.

Answer:NO

Step-by-step explanation:

17 is a prime number hence can't be simplified.

⇒ 17/8 can't be simplified

System of Equations- pls help with the following problem


Solve the System of equations x = -2 ; y = 3 .(Choose from a,b, or c. Show your work step by step).

a) x+y=1


2x+y=5





b) x+2y = 4


x +y = 1




c) x-y=-5


x+y= 11



Pls show your work as I want to understand how to solve this type of equation.

Answers

Answer:

b no.is the correct answer.

Can somebody please help this is due very soon

Answers

Your answer is

 Slope = -1.000/2.000 = -0.500x-intercept = 7/1 = 7.00000y-intercept = 7/2 = 3.50000

Step-by-step explanation:

The triangular right prism shown below has a triangular base whose perimeter is 22.4 inches and whose area is 15.2 inches. If its height is 9.7 inches, then which of the following is its volume in cubic inches?

Answers

The volume of a triangular right prism whose area is 15.2 inches and height is 9.7 inches is  147.44 in³

What is volume?

Volume is the amount of space occupied by a three dimensional shape or object.

The volume of a triangular prism is given by:

Volume = Area of triangular base * height.

Hence, for a triangular right prism whose area is 15.2 inches. If its height is 9.7 inches:

Volume = 15.2 * 9.7 = 147.44 in³

The volume of a triangular right prism whose area is 15.2 inches and height is 9.7 inches is  147.44 in³

Find out more on volume at: https://brainly.com/question/12410983

In factorization, when you are factoring out a number, how do you know like which sign to out with it. Like if I’m factoring out 2 from a bracket. Which sign do I put with it ?

Answers

There’s no sign in factorization

Find the value of x

(14x - 13)
(4x + 13)°
(6x + 2)

Answers

Answer:

Step-by-step explanation:

as i think it is triangle which means the sum of interior angle 180

14x+13+4x+13+6x+2=180

24x+28=180

24x=152

x=6.2

Help...........................

Answers

It has a ratio of 1:4, meaning for every x, you'd get 4 from your y

4 1/5 tons = how many ponds

Answers

Answer:

Step-by-step explanation:

21/5*2000=  21*400= 8,400 pounds

Answer:

[tex]\displaystyle 8400\:lbs.[/tex]

Explanation:

On United States Imperial [Customary] System, there is one ton in two thousand pounds. So, because we are going from a bigger unit of measurement to a smaller unit of measurement, we multiply the quantity of tons by two thousand:

[tex]\displaystyle \boxed{8400} = 2000[4\frac{1}{5}][/tex]

I am joyous to assist you at any time.

Consider this scaled figure of a swimming pool. The dimensions of the original pool are 24 feet wide by 36 feet long. A rectangle has a width of 6. 4 feet and width of question mark feet. Use the measurements of the original and of the scaled figure to find the scale factor and the missing length. What is the scale factor? What is the missing length of the scale model?.

Answers

The scale factor used for scaling the actual rectangular pool was 4/15 and the length of the scaled rectangle is 9.6 feet.

How to calculate the scale factor?

Suppose the initial measurement of a figure was x units.

And let the figure is scaled and new measurement is of y units.

Since the scaling is done by multiplication of some constant, that constant is called scale factor. Let that constant be 's'.

Then we have:

[tex]s \times x = y\\s = \dfrac{y}{x}[/tex]

Thus, scale factor is the ratio of the new measurement to the old measurement.


For this case, we're specified that:

Dimensions of the original pool = 24 feet wide by 36 feet long

The scaled rectangle's dimension: 6.4 feet width and L feet length (we assume the length be L units).

So, in scale drawing, 24 feet was converted to 6.4 feet. Let the scale factor be 's', then:

[tex]6.4 = s \times 24\\\\s = \dfrac{6.4}{24} = \dfrac{4}{15}[/tex]

Thus, since length is also scaled by same factor(as the whole figure is scaled by constant scale factor assumingly), we get:

Scaled length = s times original length

[tex]L = \dfrac{4}{15} \times 36 = 9.6 \: \rm feet[/tex]

Thus, the scale factor used for scaling the actual rectangular pool was 4/15 and the length of the scaled rectangle is 9.6 feet.

Learn more about scale factors here :

https://brainly.com/question/8765466

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