Michelle wants to make a long-term investment. She wants to triple an initial investment of
$2,000. If she invests at a simple interest rate of 12% per year, approximately how long will it
take her principal to triple?

Answers

Answer 1

Answer:

It will take approximately 17 years

Step-by-step explanation:

Let the initial investment be x

The investment plus the principal yields 3x

The interest is thus 3x-x = 2x

Formula for simple interest is;

I = PRT/100

R is rate = 12%

T is time = ?

x =$2,000 which is the principal

2x = x * 12 * T/100

2 = 12t/100

12t = 200

t = 200/12

t = 16.67 which is approximately 17 years


Related Questions

is today harry styles' birthday?

Answers

yesss i think so i saw a vid

Answer:

yes

Step-by-step explanation:

To be able to go on a trip to South America, Salma decides to save for 2 years. She opens a savings account with $700 . The account pays simple interest at an annual rate of 5% . She doesn't make any more deposits.

(a) How much total interest will Salma earn?

(b) What will the total amount in the account be (including interest)?

Answers

Answer:

(a) I'm pretty sure it's $71.75

(b) the total would be $771.75 if i calculated it right...

look at screenshot and answer question

Answers

Answer:

32x +20

Step-by-step explanation:

Answer:

32x+20

Step-by-step explanation:

If you use distributive property you would multiply each number by 4. 4 times 8x is 32x and 4 times 5 is 20, and when you put those together you get 32x+20!

I hope this helps, and have a great day!

Please help!!!!! I've been stuck for a while

Answers

Answer:y=2x

(Slope=2)

Step-by-step explanation:

The ratio is 1 to 2y is to times x y=2x

Pleasse Helppp Asapppp.

Answers

Answer:

77 degrees

Step-by-step explanation:

supplementary angles add up to 180 degrees

subtract 103 from 180 to get 77 degrees

What is 6/87 of 45638???????

Answers

Answer:

3,147.44828

Step-by-step explanation:

[tex] \frac{6}{87} \: of \: 45638 \\ \\ = \frac{6}{87} \times 45638 \\ \\ = 6 \times 524.574713 \\ \\ = 3,147.44828[/tex]

what is the other endpoint of a segment with one endpoint at(-3, 8) and the midpoint at (7, 1)?​

Answers

Answer: The other point is (17, -6).

Step-by-step explanation:

Midpoint (x,y) of the line segment joining (a,b) and (c,d) is given by :-

[tex](x,y) =(\dfrac{a+c}{2}, \dfrac{b+d}{2})[/tex]

Here, we need to find the other endpoint of a segment with one endpoint at(-3, 8) and the midpoint at (7, 1).

Let other point be (a,b), then

[tex](7,1)=(\dfrac{-3+a}{2},\dfrac{8+b}{2})\\\\\Rightarrow\ \dfrac{-3+a}{2}=7\ \text{ and }\dfrac{8+b}{2}=1\\\\\Rightarrow\ -3+a = 7\times2 \text{ and } 8+b=1\times2\\\\\Rightarrow\ -3+a=14\text{ and }8+b=2\\\\\Rightarrow\ a=14+3, \ \ \ b= 2-8\\\\\Rightarrow\ a=17, b= -6[/tex]

hence, the other point is (17, -6).

what is w/6+ 5/8= -1 3/8

Answers

Answer:

-15/2 exact form

-7.5 decimal form

-7 1/2 mixed number form

Step-by-step explanation:

Answer:

-13.5

Step-by-step explanation:

w / 6 + 5/8 = -13/8

w / 6 = -13/8 - 5/8

w / 6 = -18/8

w = -18*6/8

w = -13.5

help please will give brainliest PLEASE


I accidentally chose that​

Answers

Answer:

I think its the third one but i might be wrong

Step-by-step explanation:

How many ounces are equal to 7 pounds?

Answer: 112 ounces

Answers

Answer:

Why did you7 ask a question then anwser it yourself

Step-by-step explanation:

find missing side length

Answers

Answer:

D 28

Step-by-step explanation:

plz follow me and marke me brainlist

help help help help help help help help

Answers

Answer:

[tex]x^{2} +5x[/tex]

Step-by-step explanation:

A = length x width

l = x + 5

w = x

A = x(x + 5)

[tex]A=x^{2} +5x[/tex]

Let sin(2x)-sin(x)=0, where 0 ≤ x < 2pi. What are the possible solutions for x?

Answers

Step-by-step explanation:

sin2x - sinx = 0

2sinxcosx - sinx = 0

(Double Angle Formula)

sinx(2cosx - 1) = 0

Either sinx = 0 or cosx = 1/2.

When sinx = 0,

x = 0 or x = π.

When cosx = 1/2,

x = π/3 or x = 5π/3.

Hence the solutions are

x = 0, x = π/3, x = π or x = 5π/3.

Which statement is false?
A. Every rational number is also an integer.
B. No rational number is irrational.
C. Every integer is also a rational number.
D. Every irrational number is also real.

Answers

iI think that c because it is inside the integers are inside the rationals

!!PLEASE HELP!!!!!! x=___

Answers

Answer:

12

Step-by-step explanation:

help me if correct i will mark branliest

Answers

Answer:

c = 17

Step-by-step explanation:

a^2 + b^2 = c^2

= 8*8 + 15*15

= 64 + 225

= 289

= 289 SQUARED

= 17

Answer:

i THINK it is 15. im so so so super sorry if im wrong-have a nice day!

Step-by-step explanation:

MMMM THE MODERATORS ARE MAKING ME FLIPPING ANGRY! I NEED SOMEONE TO ANSWER MY QUESTION PLEASE .

Answers

Answer:

780

Step-by-step explanation:

So 5% is 39 so 5% x 20 is 100% do the same with the 39 so do

39 x 20 = 780

Beth and Kayla are selling flower bulbs for a school fundraiser. Customers can buy packages of tulip bulbs and bags of daffodil bulbs. Beth sold 7 packages of tulip bulbs and 9 bags of daffodil bulbs for a total of $269. Kayla sold 7 packages of tulip bulbs and 2 bags of daffodil bulbs for a total of $136. Find the cost each of one package of tulip bulbs and one bag of daffodil bulbs.

Answers

Answer:

the cost each of one package of tulip bulbs and one bag of daffodil bulbs is $14 and $19 respectively

Step-by-step explanation:

The computation of the cost of each of one tulip package bulbs and one bag of daffodil bulbs is shown below:

Let us assume the tulip bulbs be x

And, the daffodil bulbs be y

According to the question

7x + 9y = $269.........(1)

7x + 2y = $136..........(2)

Now subtract equation 2 from equation 1

7y = $133

y = $19

Now put the value of y in any of the above equation

7x + 9($19) = $269

7x = $269 - $171

x = $14

Hence, the cost each of one package of tulip bulbs and one bag of daffodil bulbs is $14 and $19 respectively

Find the slope of the line from a graph! Will Give brainliest :)

Answers

Answer:

-4

Step-by-step explanation:

because the line is going from top to bottom it is negative

you take the rise ( the Y value) / the run (the X Value)

the Y and X value can be pulled from any two points

Which statement best describes what happens when k is changed from 2 to – 3

Answers

where are the statements

explain why 1/6 hour + 1/3 hour =1/2 hour​

Answers

Answer:

1/6+1/3

=3+6/6×3

=9/18

=1/2

Step-by-step explanation:

Hope you find this helpful!

Answer: It does because 1/3 is equal to 2/6. in order to add them, they have to have the same denominator. and if you add 2/6 to 1/6, you get 3/6. 3/6 is also equal to 1/2, if you divide both sides by 3.

Step-by-step explanation:

what is the radius if the circumference is 1.0

Answers

Answer:

r = 0.16

Step-by-step explanation:

C = 2·π·r

1 =  2·π·r

1/2 =  π·r

0.5 =  π·r

0.5 / 3.14 = r

0.16 = r

Mai bought gas for her car.

Gas cost $2.95 per gallon
Mai bought 8.2 gallons
What was the total cost for Mai's gas?

Express the answer as dollars.cents.

Only 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, . , -, and / are allowed in your answer.
Answers that are mixed numbers must be entered as an improper fraction or decimal.

Answers

fjfuvtjfihhhcjgchgifygcifuvggg IG fi

The cost of a new television is $948. If the value of the television decreases by 4.5% every year, which function models the value of this new television x years after it was purchased?

Answers

Answer:

t(x) = 948(0.955)^x

Answer:A

Step-by-step explanation:

The ratio of males to females at a party is 3 : 5

There are 12 more females than males.

How many people are at the party?

Answers

if there are 12 more females and the ratio is two up in favour of females that means that 1 equals to 6, so there are 30 females and 18 males. (30 + 18 = 48)

Answer:

48

Step-by-step explanation:

Given ratio of males to females at a party is 3 : 5.

Let the numbers of males and females be 3x and 5x respectively.

According to the given description:

No of females = No of males + 13

Therefore,

5x = 3x + 12

5x - 3x = 12

2x = 12

x = 12/2

x = 6

No of people at the party

= 3x + 5x

= 8x

= 8*6

= 48

Can the sides of a triangle have lengths 3, 7, and 15?

Answers

No because the positive length of a triangle would be 3, 7, 7 because the third side length must be greater than 4 and smaller than 8 so there for 7 would fit. So your answer is no.

Two pieces of ribbon, one with a length of 63 inches and another with a length of 42 inches are cut into pieces of equal length without remainder. Find the greatest possible length that the pieces can be.

Answers

Answer

224 over 567

Step-by-step explanation:

Answer:

21

Step-by-step explanation:

the greatest possible length that the two ribbons would be when the ribbons are divided by their lowest common multiple.

The lowest common multiple of 63 is 3. 63/3 = 21

The lowest common multiple of 42 is 2 = 42/2 = 21

The sum of two numbers is 10. Their difference is 6. What are the two numbers? ​

Answers

Answer: 8 and 2

Step-by-step explanation:

this is simple, since we only have 10 numbers to work with. i just kept experimenting with numbers until i got one that had a difference of 6. no strategy, just brain power. hope this helps! xoxo

Answer:

So negatove numbers are gonna be impossible becuase we know that the highest we can go is -10+20=10 but it’ll give a whole different difference when subtracted.

And it can’t be greater then 10 becuase if you do add them it won’t be 10

SO it has to be between 1-10

So what equals 10?

5/5

2/8

8/2

6/4

4/6

3/7

7/3

Now 5 and 5 is out cause if subtracted its 0

2/8  and 8/2 works, if added you get 10 but when subtracked the way for 8/2 from left to write it’ll give 6 which is the only one which will give.

final answer the two numbers are 8 and 2

Evaluate the function. g(x) = 3x^2 – 2x + 5 Find f(2)​

Answers

Answer:

13

Step-by-step explanation:

Replace X with 2

Evaluate the function. g(x) = 3x^2 – 2x + 5 Find f(2)​

g(x) = 3(2)^2 – 2(2) + 5

Next conduct PEMDAS

Exponents are first so solve 2^2 which is 2 x 2 = 4

g(x) = 3(4) – 2(2) + 5

Next step is multiplication multiply 3 x 4 and 2x2

g(x) = 12 – 4 + 5

conduct adding and subtracting left from right

g(x) = 13

How many kilometers are there in 4 miles?

Hint: 1 mi ≈ 1.6 km

Round your answer to the nearest tenth.

Answers

There are 6.4 Kilometers in 4 miles
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