If an amount of $25,000 is deposited into a saving account at an interest rate 4%, compounded semi-annually, how long will it take to accumulate on this account $28,500? The function describing your balance is M(n) =25,000(1+0.04/2)^2n, where n is time in years. 20 points and WILL GIVE BRAINLIEST!

Answers

Answer 1

It will take 3.3 years to accumulate $28,500  on this account

According to the compound amount formula expressed as:

[tex]A=P(1+\frac{r}{n} )^{nt}[/tex]

P is the principal = $25,000

A is the amount = $28,500

r is the rate in decimal = 4% = 0.04

n = 2 (semi annualy)

Substitute the given parameters into the formula as shown:

[tex]28,500=25,000(1+\frac{0.04}{2} )^{2t}\\1.14=(1+0.02)^{2t}\\1.14 = (1.02)^{2t}\\ln1.14 = 2tln1.02\\2t=\frac{ln1.14}{ln1.02}\\2t= \frac{0.13103}{0.01980}\\2t= 6.6177\\t = 3.30yrs[/tex]

Hence it will take 3.3 years to accumulate $28,500  on this account

learn more on compound interest here: https://brainly.com/question/18456266


Related Questions

Math expert please simplify this I am confuse thanks you

Answers

Answer:

11

Step-by-step explanation:

39 - 6 / 3

= (39 - 6) / 3

= 33 / 3

= 11

Answer:

a-2

Step-by-step explanation:

(3a-6)/3 You can factor the numerator to 3(a-2) so you have

[tex]\frac{3(a-2)}{3}[/tex]

simply divide by the 3->

a-2

4/5a - 8 = a + 2 solve for a

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Answer:

a=-50

Step-by-step explanation:

you throw a football straight up into the air with a speed of 12.2m/s. How high those the ball go?

Answers

Answer:

7.6m

hope this helps :)

what is 7/9÷1/3 plz help thanks​

Answers

Answer:

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

Step-by-step explanation:

Alrighty, when dividing fractions there is a trick called "keep, change, flip".

Step 1: Keep- Keep the first fraction the same

[tex]\frac{7}{9}[/tex]

Step 2: Change- Change the division sign to a multiplication sign

[tex]\frac{7}{9} *[/tex]

Step 3: Flip- Flip the second fraction (the reciprocal)

[tex]\frac{1}{3} --->\frac{3}{1}[/tex]              [tex]\frac{7}{9} * \frac{3}{1}[/tex]

Then, you multiply straight across

[tex]\frac{7}{9} * \frac{3}{1} = \frac{21}{9}[/tex]

Now, we simplify

[tex]\frac{21}{9} = \frac{7}{3} = 2\frac{1}{3}[/tex]

-4= 6 + b I need help in this question

Answers

-4=6+b

Subtract 6 on both sides.

-10=b

The final answer is b=-10.

Hope this helped!! :)

2x-3y=5.5
What is the solution to the system of equations shown above

Answers

Answer:

⸻⸻⸻⸻⸻

Solving

2X + 3Y = 5.5

⸻⸻⸻⸻⸻

Simplifying

2X + 3Y = 5.5

⸻⸻⸻⸻⸻

Solving for variable 'X'.

Move all terms containing X to the left, all other terms to the right.

⸻⸻⸻⸻⸻

Add -3y to each side of the equation.

2x + 3y + -3y = 5.5 + -3y

⸻⸻⸻⸻⸻

Combine terms: 3y + -3y = 0.

2x + 0 = 5.5 + -3y

2x = 5.5 + -3y

⸻⸻⸻⸻⸻

Divide each side by 2.

x = 2.75 + -1.5y

⸻⸻⸻⸻⸻

Simplifying.

x = 2.75 + -1.5y

⸻⸻⸻⸻⸻

plz help with my math plz!!!!

Answers

Step-by-step explanation:

This is an isosceles triangle because in an isosceles triangle angles opposite to each of the equal sides must also be equal. Since the diagram shows 2 equal angles we can say its isosceles.

So 3(x+2) = 24

8= x+2

x = 6

Answer:

x = 6

Step-by-step explanation:

The triangle given is an isosceles triangle.

Which means, the two sides and the two angles will be the same.

One of the sides is 24.

The other is 3 ( x + 2 )

Hence, we will get this equation.

24 = 3 ( x + 2 )

24 = 3x + 6

24 - 6 = 3x

18 = 3x

6 = x

Thus, x = 6.

I hope it helps.

Express 4/20 as a percentage.​

Answers

Answer:

20%

Step-by-step explanation:

Express 4/20 as a percentage.​

4/20 = 1/5

100 * 1/5 = 20%

Answer:

20%

Step-by-step explanation:

Hey there,

[tex]\frac{4*5}{20*5}[/tex]

[tex]\frac{20}{100}[/tex]

= 20%

Hope this helps you.

Let me know if you have any other questions :-)

Cuál es la altura (h) del velero

Answers

The answer is 8.72, the question is on the internet

Utilizando propiedades de triángulos rectángulos, veremos que la altura h es igual a 4.28m

Lo primero que debemos notar es que tenemos un triangulo rectángulo. En el podemos ver un ángulo de 55°.

El cateto adyacente tiene una longitud de 3m, y queremos obtener la longitud del cateto opuesto.

Podemos usar la relación trigonométrica:

Tan(θ) = (cateto opuesto)/(cateto adyacente)

Reemplazando los valores que conocemos, obtendremos:

Tan(55°) = h/3m

Tan(55°)*3m = h = 4.28m

La altura h del velero es 4.28m

Sí quieres aprender más, puedes leer:

https://brainly.com/question/22050734

A rectangular field is ten times as long as it is wide. If the perimeter of the field is 1100 feet, what are the dimensions of the field?

Answers

Answer:

Length = 500, Width = 50

Step-by-step explanation:

EQUATION:

2(10x) + 2x = 1100

20x + 2x = 1100

22x = 1100

x=50

Simplify the liner expression
−2/3a+1/8−1/6a−3/4

Answers

This is how far you can simplify it

help me with this calculation
(X-1).(1-x)

Answers

[tex](x-1) (1-x)\\\\=(x-1)(-1)(x-1)\\\\=-(x-1)^2\\\\=-(x^2- 2x +1)\\\\=-x^2+2x-1[/tex]

Find the average of the following numbers: 55.1, 67.9, 59.2, 64.1, 61.8, 62.7. Round
your answer to one decimal place *
Your answer

Answers

Answer:

61.8

Step-by-step explanation:

[tex] \frac{55.1 + 67.9 + 59.2 + 64.1 + 61.8 + 62.7}{6} [/tex]

61.8 is the answer to 55.5 576

Which equation represents a circle whose center is (3,-1) and whose radius is V6?​

Answers

Step-by-step explanation:

(Pie)r^2 that is the area of a circle

Help help help help help help help

Answers

Answer:

(1,1)0that is the answer I think

Answer:

A = 1,1 B = 4,2 C = 2,4

Explanation:

90 cw (270 ccw) - Same y, opposite x.

180 - opposite x, opposite y

270 cw (90 ccw) - opposite y, same x

Graph the set of real numbers on a number line. {x|-3 < x and x< 1}

Answers

Answer:

9

Step-by-step explanation:

8000000000000

9

0

9

7. Veronica brought her turtle out of its aquarium for 15 minutes every
night for 7 days. How many total minutes did she bring her turtle
out of its aquarium? Write another scenario that uses the same numbers.



Help me plz I know the answer, but I need help writing another scenario that uses the same numbers.

Answers

Answer:

Brittany took a 15 minute walk every morning for 7 days. How many minutes did she walk for?

Step-by-step explanation:

You might be able to use this.

I need help. Im in 6th grade and I'm so confused. IT IS SAYING I NEED TO UPGRADE TO SEE THE ANSWER> NOO

Answers

Answer:

i can help with the problem

I need help with b .

Answers

Answer:

Finding a common denominator is the same as finding a common multiple. You can multiply the denominators by each other, or list out the multiples of each denominator. Multiplying by others' unique factors gives the least common denominator.

In Martin's class of 20 students, 4 students report that social studies is their favorite class and 75% of the students report that PE is their favorite class. Show your work to explain how to determine whether more students prefer social studies or PE. (5 points)
pls Help!

Answers

Answer:

More students like PE

Step-by-step explanation:

100÷20=5

1 student = 5%

4×5=20

20% students favourite is social studies

75%>20%

Convert 7% as decimal

Answers

7% as a decimal woul be 0.07

If you have any doubt leave a comment

Answer:

Your answer is 0.07.

7% = 0.07

Simplify the expression.5(z+4)+5(2−z)

Answers

Answer:

30

Step-by-step explanation:

Hope this helps!!! :))

A hiker starts at an elevation of 12 feet above sea level. She descends 43 feet into an
underground cave to explore. While exploring, she slips and slides 17 feet further down
into the cave. Write an expression that can be used to model this situation and evaluate
it to determine her location below sea level.

Answers

Answer:

if its asking for final depth it is 48 fert below sea level

Step-by-step explanation:

43 + 17= 60

12 - 60 = 48

Elias is making copies of a business meeting agenda. He needs one copy per person. If there are 3 representatives from each department attending, and there are 9 departments total, how many copies does he need to make?

Answers

Answer:

27 copies

Step-by-step explanation: since there are 3 representatives for each department and there are 9 then you multiply 9 and 3 to get your answer.

The number of fish in a lake decreased by 15% between last year and this year. This year, there were 51 fish in the lake. What was the population last year? Consider creating a tape diagram, to help you make sense of the situation.​

Answers

Answer:

234

Step-by-step explanation:

the d of c e rt rt egr yr oigj rethoy ejtheruot  utheoig  eoigh eoijg oeijrg ioetjg eroitj e eiotj  ertioj wet df fv 1q3r  2396 e059i58 the end oej etejg rtyehr

The answer to your question is 7.65.

đối với hai bài toán ước lượng cho u p

Answers

Chuong2: ƯỚC LƯỢNG THAM SỐ, môn thống kê ứng dụng

What is an equation of the line that passes through the point (4, −1) and has
slope −5?

Answers

Answer:

y + 1 = -5(x - 4)

General Formulas and Concepts:

Algebra I

Point-Slope Form: y - y₁ = m(x - x₁)

x₁ - x coordinate y₁ - y coordinate m - slope

Step-by-step explanation:

Step 1: Define

Identify variables.

Point (4, -1) → x₁ = 4, y₁ = -1

Slope m = -5

Step 2: Find Equation

Substitute in variables [Point-Slope Form]:                                                    y - -1 = -5(x - 4)Simplify:                                                                                                             y + 1 = -5(x - 4)

Heeeeelllllllppppppp

Answers

1.

[tex]y=\frac{5}{3} x-2[/tex]

2.

[tex]y=-2x+2[/tex]

3.

[tex]y=x+5[/tex]

4.

[tex]y=\frac{1}{4}x[/tex]

4(4 + 7x) + x 2 -6x +5

Answers

Factoring this equation would get you (x+21)(x+1)

68% of US adults have very little confidence in newspapers you randomly select 10 US adults find the probability that the number of US adults who have very little confidence in newspapers is (a) exactly five, (b) at least six, (c) less than four.

Answers

Answer:

A) 12.29%

B) 81.33%

C) 1.55%

Step-by-step explanation:

This is a binomial model, and I assume you're meant to use a calculator to solve.

A)

This is what I have in my notes for the binompdf function:

binompdf(n, p, x) - find the probability of exactly x successes in n trials given p probability

That is exactly what we want in this case, we're looking for exactly 5 people who meet the conditions (successes) given n trials and p probability.

Using a calculator:

binompdf(10, 0.68, 5) ≈ 0.1229

That means you have about a 12.29% chance to randomly select exactly 5 adults who have little confidence in newspapers.

B)

For this one, use the binomcdf function:

binomcdf(n, p, x) - find the probability of x or fewer successes in n trials given p probability

In this case, we're looking for more, not less. However, you can think of the probability of getting more than 6 as just the probability of not getting less than 6.

With a calculator:

binomcdf(10, 0.68, 5) ≈ 0.1867

That means you have about an 18.67% chance to randomly select 5 or less people. We're looking for more though. As said above, the probability of getting 6 or more is just the probability of not getting 5 or less. To find the probability of something not happening, just subtract the probability from 1.

1 - 0.1867 = 0.8133

An 81.33% chance to randomly select at least 6 adults who have little confidence in newspapers.

C)

Same as the above, I don't see a need to explain it all again. Use binomcdf:

binomcdf(10, 0.68, 3) = 0.0155

Notice I used 3 rather than 4. binomcdf calculates x or fewer, or 'rather less than or equal to'. We want just 'less than 4', and that means 'less than or equal to 3'.

That's a 1.55% chance to select less than 4 adults with little confidence in newspapers.

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