Mr. and Mrs. Williams hope to send their daughter to college in twelve years. How much money should they invest now at an interest rate of 8.5% per year,
compounded continuously, in order to be able to contribute $9000 to her education?

Answers

Answer 1

[tex]~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$9000\\ P=\textit{original amount deposited}\\ r=rate\to 8.5\%\to \frac{8.5}{100}\dotfill &0.085\\ t=years\dotfill &12 \end{cases} \\\\\\ 9000=Pe^{0.085\cdot 12}\implies 9000Pe^{1.02}\implies \cfrac{9000}{e^{1.02}}=P\implies 3245.35\approx P[/tex]


Related Questions

Find the 10th term, 18, 72,288,...

Answers

Step-by-step explanation:

a = 18

n = 10 th term

difference (d) = 72-10 = 62

an ( n th term ) = a + (n-1)d

a10 ( 10 th term = 18 + (10-1)62

= 18 + 9×62

= 18 + 558

10 the term = 576

How many more quarters does
Tommy need before he has $3.00
in quarters?


Answers

Tommy needs 3 more quarters to have a total of $3.00

to get to a library you must travel 1/2 mi down one street, 3/5 mi down another street and 1 1/10 mi down a third street. How many miles did you travel total to get to the library?

Answers

Answer:

11/5mi or 2.2mi

Step-by-step explanation:

1/2 +3/5 +11/10 =11/5mi

Hey there!

0.5 + 0.6 + 1.1 = 2.2

Total miles = 2.2mi

Please help solve this SAT math problem. I have 4 more like these so need help with this so that I can solve the rest by myself. Thank you.

Answers

The notation just means

(f/g)(-4) = f(-4) / g(-4)

If f(x) = x² + 2 and g(x) = 1 - 3x, then

f(-4) = (-4)² + 2 = 16 + 2 = 18

g(-4) = 1 - 3 (-4) = 1 + 12 = 13

and so

(f/g)(-4) = 18/13

find the horizontal asymptote for y= 5x/x+6 .
y = 0
y = −6
none
y = 5

Answers

Answer:

[tex]y = 5[/tex]

Step-by-step explanation:

Given function:

[tex]y=\dfrac{5x}{x+6}[/tex]

[tex]\implies y=5 \left( \dfrac{x}{x+6}\right)[/tex]

[tex]\textsf{As }x \rightarrow +\infty, \ \dfrac{x}{x+6} \rightarrow1[/tex]  

[tex]\implies y\rightarrow5[/tex]

[tex]\textsf{As }x \rightarrow -\infty, \ \dfrac{x}{x+6} \rightarrow1[/tex]  

[tex]\implies y\rightarrow5[/tex]

As [tex]x[/tex] approaches infinity and negative infinity, [tex]y[/tex] approaches 5 (but never gets there).    Therefore, the horizontal asymptote is [tex]y=5[/tex]

Find the missing number if the average is 8.8 and _____
A) 4
B) 8
C) 12
D) none of the above

Answers

Answer:

none of the above

Step-by-step explanation:

Let us call x the smallest integer. Because the next two numbers are consecutive even integers, we can call represent them as x + 2 and x + 4. We are told the sum of x, x+2, and x+4 is equal to 72.

x + (x + 2) + (x + 4) = 72

3x + 6 = 72

3x = 66

x = 22.

This means that the integers are 22, 24, and 26. The question asks us for the product of these numbers, which is 22(24)(26) = 13728.

The answer is 13728.

100 POINTS! ! !
Exploiting will be reported.


Chase deposits $6,604.80 into a savings account that pays a simple annual interest rate of 3.22%. How much interest will he earn after 4 years?

SHOW WORK and will give brainlist.

Answers

Answer:

$850.69824

Step-by-step explanation:

simple interest formula : (principal * rate of interest * time)/100

(6,604.80 * 3.22 * 4)/100

$850.69824

Answer:

$850.70 (nearest cent)

Step-by-step explanation:

Simple interest formula:   A = P(1 + rt)

where:

A = final amountP = principal (initial balance)r = annual interest rate (in decimal form)t = time (in years)

Given:

P = $6,604.80r = 3.22% = 0.0322t = 4 years

Substituting given values into the formula, and solving to find A:

⇒ A = 6604.8(1 + 0.0322 · 4)

       = 6604.8(1.1288)

       = $7455.50 (nearest cent)

Therefore, to find the amount of interest earned, subtract the principal from the final amount:

⇒ I = A - P

     = 7455.50 - 6604.80

     = $850.70 (nearest cent)

Two students each write a function, C(n), that they think can be used to find the number of circles needed to make the nth figure in the pattern shown.

Use the drop-down menus to explain why each function does or does not represent the number of circles needed to make the nth figure in the pattern.

Answers

The function that can be find used to find the number of circles needed to make the nth figure in the sequence is (C + 1) + 4.

How to calculate the sequence?

The sequence can be illustrated through the function (C + 1) + 4 where C is the previous number. For the third picture, the number of circles will be:

= (C + 1) + 4

= 5 + 4

= 9

The fourth term will be:

= 9 + 4

= 13

Therefore, each figure uses 4 circles more than the previous one.

Learn more about sequence on:

https://brainly.com/question/6561461

Answer:

Step-by-step explanation: This function can be used to find the number of circles needed to make the nth figure in the pattern.

Each figure uses 4 more circle(s) than the previous figure because an additional circle is added to the top, bottom, left, and right sides.

the other half i got incorrect.

The polynomial below is a perfect square trinomial of the form A^2 - 2AB + B^2

9x^2 - 12x + 4

A. True

B. False

Answers

Answer:

True

Step-by-step explanation:

[tex]9x^2-12x +4 \\\\=(3x)^2 - 2\cdot 3x \cdot 2+2^2\\\\=(3x-2)^2[/tex]

=
If f(x) is an exponential function where f(-2) = 25 and f(7) = 85, then find the
value of f(14), to the nearest hundredth.
=
Exponential from two points

Answers

The exponential function f(x) can represent growth or decay

The value of f(14) is 226.07

How to determine the value of f(14)?

The given parameters are:

f(-2) = 25 and f(7) = 85

An exponential function is represented as:

f(x) = ab^x

So, we have:

ab^-2 = 25

Also, we have:

ab^7 = 85

Divide both equations.

This gives

b^9 = 3.4

Take the 9th root of both sides

b = 1.15

Recall that:

ab^7 = 85

This gives

a* 1.15^7 = 85

Solve for a

a = 31.95

So, the exponential function is:

f(x) = 31.95 * 1.15^x

Substitute 14 for x

f(14) = 31.95 * 1.15^14

f(14) = 226.07

Hence, the value of f(14) is 226.07

Read more about exponential functions at:

https://brainly.com/question/11464095

Helppppp!!! 50 pts!

Translate the sentence into an equation.

Three times the sum of a number and 5 is 7.

Use the variable C for the unknown number.

Answers

Answer:

3(C + 5) = 7

Step-by-step explanation:

Let C = unknown number

The sum of a number and 5:

C + 5

Three times the sum of a number and 5:

3(C + 5)

Three times the sum of a number and 5 is 7:

3(C + 5) = 7

To solve

Use the distributive law:  a(b + c) = ab + ac

⇒ 3C + 15 = 7

Subtract 15 from both sides:

⇒ 3C = -8

Divide both sides by 3:

⇒ C = -8/3

Le the number be c

Sum of a number and c means c+53times that means 3(c+5)

So

The expression is

3(c+5)=7

On solving

3c+15=73c=-8c=-8/3

Help me pls
Question 4 Part B (2 points): In part A you factored f(x) = 9m2 + 3m - 2. What are the x intercepts of this function? SELECT ALL THAT APPLY.

A.
m = -1/3

B.
m = 1/3

C.
m = -2/3

D.
m = 2/3

E.
m = 3

F.
m = -3

G.
m = 6

H.
m = -6

Answers

We need zeros

[tex]\\ \rm\Rrightarrow 9m^2+3m-2=0[/tex]

[tex]\\ \rm\Rrightarrow 9m^2-3m+6m-2=0[/tex]

[tex]\\ \rm\Rrightarrow 3m(3m-1)-2(3m-1)=0[/tex]

[tex]\\ \rm\Rrightarrow (3m-2)(3m-1)=0[/tex]

m=2/3mm=1/3

Find the average of this set of numbers.28, 26, 21, 13
A) 22
B) 20
C) 19
D) none of the above

Answers

Answer:

A

Step-by-step explanation:

26 + 28 = 54

54 + 21 = 75

75 + 13 = 88

88 / 4 = 22

Answer is A

Answer: 22

Step-by-step explanation: Add all of the numbers in the data set: 28+26+21+13= 88

Then divide 88 by 4: 22

If we randomly select 2 students at a time and record their drinking habits, what is the probability that both students drink

Answers

Answer:

1 liter

Step-by-step explanation:

x2by 100%8hdofux27675 868*uhf

What is the result when you combine only the constants in the following expression?
3a-6b+3-7a+ 10

Answers

-4a, -6b + 13 would be the answer
The answer would be: -4a -6b +13
The breakdown:
Numbers in expression; 3a,-7a,-6b,10,3.

3a-7a = -4a
-6b = -6b
10+3 = 13
+++
=
- 4a - 6b + 13

Hope that helps you!

If tanθ= 2 find cotθ using identities. This is in quad. 1.

Answers

Answer: 1/2

Step-by-step explanation:

Find the value of y and z

Answers

[tex]\qquad\qquad\huge\underline{{\sf Answer}} \huge♨[/tex]

In the given figure, NQ acts as a diameter and since diameter subtends 90° at the arc of the circle, so we can conclude that ~

[tex]\qquad \sf  \dashrightarrow \:3y = 90 \degree[/tex]

[tex]\qquad \sf  \dashrightarrow \:y = 90 \degree \div 3[/tex]

[tex]\qquad \sf  \dashrightarrow \:y = 30 \degree [/tex]

Now, Let's use Angle sum property of Triangle to solve for z :

[tex]\qquad \sf  \dashrightarrow \:4z + 3y + 50 \degree = 180 \degree[/tex]

[tex]\qquad \sf  \dashrightarrow \:4z +90 \degree + 50 \degree = 180 \degree[/tex]

[tex]\qquad \sf  \dashrightarrow \:4z = 180 \degree - (50 \degree + 90\degree)[/tex]

[tex]\qquad \sf  \dashrightarrow \:4z = 180 \degree - (140\degree)[/tex]

[tex]\qquad \sf  \dashrightarrow \:4z = 40 \degree[/tex]

[tex]\qquad \sf  \dashrightarrow \:z = 40 \degree \div 4[/tex]

[tex]\qquad \sf  \dashrightarrow \:z = 10 \degree [/tex]

I hope you understood the procedure, you can ask me in comments if you have any doubts.

If 18% of a number is 24, find 3% of that number. You must show your work in the work space.

Answers

Answer:

hello

18 % =  24

3 % = ( 3 x 24 ) / 18 = 4

Step-by-step explanation:


An airplane flies with a constant speed
of 840 km/h. How far can it travel in
1 hour?

Answers

Answer:

  840 km

Step-by-step explanation:

The speed expression ...

  840 kilometers per hour

means the plane files 840 kilometers in each hour.

In 1 hour, it will travel 840 km.

write an equation for the graph below in the terms of x

Answers

y= -3/2x
Because of rise over run so the rise is positive three and the run is negative 2 since it goes towards the negative direction

Work out the length of X.
25 cm
х
24 cm
The diagram is not drawn accurately.
0
cm

Answers

Answer:

By Pythagoras theorem

H^2=P^2+B^2

25^2=x^2+24^2

625=x^2 + 576

625-576=x^2

49=x^2

x^2=49

x=√49

x=7cm

Hope this helps uhh

What is the area of the blue shaded region in the figure?

Answers

Answer:

B. 90 in²

Area of white triangle

3×4/2

12/2 = 6 in²

Area of blue triangle

12×16/2

192/2= 96in²

96in² - 6in² = 90 in²

Reflections on a Coordinate Plane

Answers

Answer:

The reflection coordinates of JKL would be:

J (3,7)

K (2,3)

L (-1,5)

The reflection coordinates of MNP would be:

M (8,-6)
N (2,-4)
P (8,-4)

Step-by-step explanation:

Find the domain and range of the function shown.

Please help I’ll mark brainliest thank you.

Answers

Answer:

A

Step-by-step explanation:

Remember domain is input and range is output.

Input: All real numbers

Output: [0, infinity)

A

Can someone please help me

Answers

(x-2)(2x+1)
On the x-axis y=0
x-2 = 0 or 2x + 1 = 0
x= 2 or 2x = -1
x= 2 or x = -1/2
Therefore the intercepts are
(2,0) and (-1/2 , 0)

Answer : 2nd Option

Can somebody please help me

Answers

Answer: C

Step-by-step explanation:

This is just a straight definition - for a normal distribution, the percent within 2 standard deviations of the mean is about 95.44%.

prove that it is congruent​

Answers

Answer:

The dashes on the side lengths mean that they are equal in length
⇒ PQ = RP

The triangles share one side PS

The figure also states that m∠QPS = m∠RPS

Therefore, the triangles are SAS congruent since they have two pairs of congruent sides and a congruent included angle.

y=1/2x+2 y=1/3x+2 solve for graphing ​

Answers

Answer:

I plotted it out on the graph and here it is:

A company promises to release a new smartphone model every month. Each model's battery life will be 5% longer than the previous model's. If the current model's battery life is 663.0 minutes, what will the latest model's battery life be 7 months from now?​

Answers

Answer:

895.05

Step-by-step explanation:

5% of 663 is 33.15, so times 33.15 by the 7 months and the answer to that is 232.05 then add that to the current battier life.

The answer is 895.05

HELP PLS!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

D: 699

E: 582.5

F: 116.5

2. 1398

3. 13048

Step-by-step explanation:

Hope this helps!

Other Questions
Some schools do not let let students bring their cell phones to school. do you think this is a good idea? (70-90) word. qbasic program to convert Nepali rupees into paisa What is the length of a line segment with endpoints 3, 2, and -3, -4, in the simplest radical form Please help!what polynomial must be added to 5x^3 + 4x 3 so that the sum is x^2 x 1? Easy math 2 pictures Can someone please help me with this Find the area of the figure Which people, other than the actors, participated in Greek plays? 3. describe the three types of formed elements.4. understand how leukocytes, nonspecific chemical defenses, inflammation and fever contribute to our second line of defense against pathogens.5. what are the different types of leukocytes and their functions?6. which leukocytes are involved in the second line of defense?7. describe the three types of cells that kill extracellularly.8. list and describe the nonspecific chemical defenses of the second line of immune defense.9. understand the steps of the inflammatory response.10. describe the relationship between gram-negative bacteria and fever.11. describe three characteristics of the epidermis that make it an intolerable environment for most microorganisms.12. describe the physical components of the nonspecific 1st line of immune defense.13. describe the chemical components of the nonspecific 1st line of immune defense.14. how does the 1st line differ from the 2nd line of immune defense? (make sure to give a detailed response that states basically what both line of defense do.)15. describe each of the nonspecific chemical defenses of the 2nd line of immune defense.16. describe the cellular components of the nonspecific 2nd line of immune defense.17. name and differentiate between the different types of granulocytes and agranulocytes.18. describe the major events in the inflammatory response including the stimuli, physiologic reactions and symptoms.19. describe the events that give rise to macrophages. If someone didnt go to court for a fine or a law suit what would happen? acar start from rest and go with velocity of 4m/s for 4second what is acceleration of car Use an equation to solve.What is 60% of 400? Help!! I'm stuck on these questions.. what does 10.44 x 2.5 equal? Which part of the body is the maxilla bone located?. What do you think would happen if someone wanted to get rid of an entire race or religion in today's world? Can you explain if you know the answers!!8. Which of the words in the following sentence can be eliminated withoutchanging the meaning?The construction project downtown will be finished in approximately one yearfrom now.O A. downtownO B. construction projectO C. approximatelyD. from now What does a 'dead' battery mean chemically? a) q > 1 b) q < 1 c) q = 1 d) q = k e) q/k = 0 HELP ITS DUE IN 5 MINS PLSSS Name at least one negative affect that is the result of clearing areas of a rainforest. Suppose you deposit $2,500 in a savings account that pays interest at an annual rate of 6%. If no money is added or withdrawn from the account, answer the following questions,a. How much will be in the account after 3 years?b. How much will be in the account after 18 years?c. How many years will it take for the account to contain $3,000?d. How many years will it take for the account to contain $3,500?