Rachel invests $25,000 at age 25. She hopes the investment will be worth $125,000 when she turns 50. If the interest compounds continuously, approximately what rate of growth will she need to achieve her goal? Round to the nearest tenth of a percent.

Answers

Answer 1

The rate of growth will she need to achieve her goal is 2.8%

The formula for finding the compound amount is expressed as:

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

P is the amount invested = $25000

t is the time in years = 25 years

A is the amount = $125000

r is the rate in %

Substitute the given parameters into the formula to have:

[tex]125000 =25000(1+r )^{25}\\5 =(1+r)^{25}\\log5=25log(1+r)\\log(1+r)=\frac{log5}{25} \\log(1+r)=0.02796\\1+r = e^{0.02795}\\1+r=1.0283\\r = 1.0283 -1\\r = 0.0283\\[/tex]

Hence the rate of growth will she need to achieve her goal is 2.8%

Learn more about compound amount here: https://brainly.com/question/18442810


Related Questions

use a calculator to find the square for 7.6​

Answers

Answer:

Using a calcuator, [tex]7.6^{2} =57.76[/tex]

Answer:

Hey mate....

Step-by-step explanation:

This is ur answer....

Shows me 57.76 well....

Hope it helps!

Brainliest pls!

Follow me! ♧

A kayak is originally priced at $130. The online retailer vives a Discount and the kayak is now priced at $65. Enter the porcentaje Discount for the cost of the kayak

Answers

Answer:

50% decrease

Step-by-step explanation:

130-65 = 65

65/130 = 0.5

0.5 x 100 = 50

The discount was 50% off

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10
11
12
13
An international company has 21.100 employees in one country. If this represents 23.9% of the company's employees, how many employees does it have in
total?

Answers

ok then I don't understand well but I think its 45.10.00


If I paid 1/7 of the total bill and the remainder of the bill was $114, how much did I pay?

l

Answers

See answer attached in photo. I drew it out

4.
Identify the vertex of the parabola.



A. . (0, 1)

B. (1, 0)

C. (−1, 0)

D. (0, −1)

Answers

Answer:

B. (1, 0)

Step-by-step explanation:

1,0 should be the vertex for this parabola

...................................................................................................................................................

1,0 should be the correct answer

Answer:

B. (1, 0)

Step-by-step explanation:

The vertex is the point where the two lines meet. In this instance, that is at the point (1, 0).

Is it possible for a fifth degree polynomial function with
integer coefficients to have no real zeroes?

Answers

if a polynomial function is given with degree and and and is even then it is possible toe have all complex zeros as complex zeros come in pairs in conjugated pairs, so we would always have two times the number of pairs given us and even degree.

Please help me ASAP please olease

Answers

Answer:

x=100 degree's

Step-by-step explanation:

Its 100 degrees because you add 80 and 20 degrees and because I think they might be called congruent angles.

Answer:

pretty sure it's just 100, just add 80 and 20, angles are opposite of each other.

Solve for r.
4r–3r=20
r=

Answers

Answer:

20

Step-by-step explanation:

4r - 3r = 20

r = 20

There you go.

Answer:

r = 20

Step-by-step explanation:

Let's solve your equation step-by-step.

4r − 3r = 20

Step 1: Simplify both sides of the equation.

4r − 3r =20

4r + −3r =20

(4r + −3r) =20 (Combine Like Terms)

r = 20

Hope this helps

The radius of a circle is 5 ft. Find its circumference in terms of pi

Answers

Answer:

10 pi

Step-by-step explanation:

circumference of the circle equals = 2π R = 2*pi* radius

so circumference = 2*5*π = 10π = 10 pi (in terms of pi)

Answer:

The formula for the circumference of a circle is C = 2πr, where "C" is the circumference, "π" is pi (approximately equal to 3.14), and "r" is the radius.

Given that the radius of the circle is 5 inches, we can substitute this value into the formula to find the circumference:

C = 2πr

C = 2π(5)

C = 10π

Therefore, the circumference of the circle is 10π inches.

Find the slope of the line that goes through the points (4,-3) and (5,0)

Answers

Answer:

the slope of the points (4,-3) and (5,0) is 3

Step-by-step explanation: I used the formula y2-y1 over x2-x1 will give you the answer hope this helped!

Answer:

[tex]\boxed {\boxed {\sf m=3}}[/tex]

Step-by-step explanation:

We are asked to find the slope of the line that passes through (4, -3) and (5,0).

The slope is the number that tells us the steepness and direction of a line. It is the rise over run, or the change in y over the change in x.

[tex]m= \frac{ \Delta y}{\Delta x} = \frac{y_2-y_1}{x_2-x_1}[/tex]

In the slope formula, (x₁, y₁) and (x₂, y₂) are the points the line passes through. The points we are given are (4, -3) and (5,0). If we match the value with its corresponding value, we see that:

x₁ = 4 y₁ = -3x₂ = 5 y₂ = 0

Substitute the values into the formula.

[tex]m= \frac{0 - -3}{5-4}[/tex]

Solve the numerator. Remember that 2 back to back subtraction signs become an addition sign.

0--3 = 0+3=3

[tex]m= \frac{3}{5-4}[/tex]

Solve the denominator.

5-4 =1  

[tex]m= \frac{3}{1}[/tex]

Divide.

[tex]m=3[/tex]

The slope of the line is 3.

Find the median salary of nurses in Illinois : $72500, $52000 , $88500 , $73300 , $112000

Answers

Answer:

the correct answer is $74,560 but since that's not declared go with 73300

the total whole numbers less than 1539 divisible by 12​

Answers

Answer:

the ancwer is 1536

Step-by-step explanation:

i used a coculater

Which is the algebraic expression for "two times the sum of a number and four'?

*Someone save me.*​

Answers

Answer:

2(x+4)

Step-by-step explanation:

Solve the problem using a system of equations: The difference of the squares of two numbers is 15. The difference of twice the square of the first number and the square of the second number is 30. Find the numbers.
(__,__),(__,__)

Answers

The numbers which hold true for the situation modelled in the task content are; (-√15, 0) and (+√15, 0).

Which numbers hold true for the situation?

The system of equations which model the situation is;

x²- y² = 15

2x² - y² = 30.

Hence, by subtracting equation 1 from 2; we have;

x² = 15

x = ±√15.

and hence by substitution; the value of y is;

(√15)² + y = 15

y = 0.

Hence, the required values of the numbers are;

(-√15, 0) and (+√15, 0).

Read more on system of equations;

https://brainly.com/question/14323743

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If p and q vary inversely and p is 15 when q is 17, determine q when p is equal to 51

Answers

Step-by-step explanation:

q is inversely to p and we need to add k as the constant..

then find value of k by sub the value of p and q

after that sub the value of k and p to find q

If a/(a+b) = 37/40 Find a/(a-b)​

Answers

a/(a+b) = 37/40

(a+b)/a = 40/37

a/a + b/a = 40/37

1 + b/a = 40/37

b/a = 40/37 - 1

= 3/37

1 - b/a = 34/37

(a-b)/a = 34/37

a/(a-b) = 37/34

Good Luck

if someone helps me with dis ill give u brainliest​

Answers

Answer:

(25, 30) = 150 ,300 450

(15, 24) = 120 225 300

Step-by-step explanation:

Prime Factorization of 15 is:

3 x 5 => 3^1 x 5^1

Prime Factorization of 24 is:

2 x 2 x 2 x 3 => 2^3 x 3^1

Prime Factorization of 25 is:

5 x 5 => 5^2

Prime Factorization of 30 is:

2 x 3 x 5 => 2^1 x 3^1 x 5^1

Please hurry, will mark brainliest if you answer correctly

Answers

Answer:

10

Step-by-step explanation:

according to BODMAS

6÷2=3

3+3=6

4^2=16

16-6=10

16.00 is the correct answer


Translate the English phrase into an algebraic expression: four times the difference of v and one.

Answers

Answer:

4(v-1)

Step-by-step explanation:

the answer is 4(V-1)

Answer:

the answer is 4(v-1)

7 inches 6 inches and 6 inches make a triangle?

Answers

Answer:

^

Step-by-step explanation:

The left and right sides of the triangle must be 6 and the bottom must be 7. This creates an equilateral triangle where 2 sides are equal.

Original price of shorts $53.95 Discount 30% Tax:4.5%

Answers

Answer:157.35

Step-by-step explanation: multiply then add the tax

Arranging the real number in ascending order -8,2,0,9,-10

Answers

Hello,

- 10, - 8, 0, 2, 9

The ascending order is always : negative numbers, zero, positive numbers

Answer:

-10, -8, 0, 2, 9

A vehicle purchased for $25000 depreciates at a constant rate of 5% per year. Determine the approximate value of the vehicle 12 years after purchase. Round to the nearest whole number.​

Answers

Answer:

$13,509.

Step-by-step explanation:

After each year the vehicle is worth 95% of the previous value.

95% = 0.95.

So after 12 years the approximate value

= 25000 * 0.95^12

= $13,509.

Help me please ill mark you brainly

Answers

Answer:

The first one is -6x The second one is 18a to the power 3

Step-by-step explanation:

Solve
-16+ 20

A. -36

B.-4

C. 4

D. 36

Answers

Answer:

C: 4

Step-by-step explanation:

We can rearrange the numbers:

[tex]-16+20=+20-16=20-16=4[/tex]

Answer:

C. 4

Step-by-step explanation:

-16+20 equals 4 becase:

-16 is under zero, and if we add 20 to that, it will take 16 of that 20 to fill up the negative part, and the rest part remaining will be 4. So that four will add up to be the positive number!

Thank You! Please Mark Me Brainliest!

The measure of an angle is 68.2°. What is the measure of its supplementary angle?​

Answers

Answer:

x = 111.8°

Step-by-step explanation:

Supplementary angles are angles that add up to 180 degrees. Let x be the supplementary angle:

[tex]68.2+x=180\\x=111.8[/tex]

what number multiplied by 5 9 has a product of 1

Answers

I think the answer is five

The perimeter of a triangle is 71 cm. If the longest side of the triangle is 8 cm longer than five times the shortest side and the third side is 7 cm less than four times the shortest side. How long is the longest side of the triangle?

Answers

Answer:

43 cm

Step-by-step explanation:

If the longest side of the triangle is 8 cm longer than five times the shortest side

5s + 8

the third side is 7 cm less than four times the shortest side

4s - 7

The perimeter of a triangle is 71 cm

s + (4s - 7) + (5s + 8) = 71

Combine like terms

10s + 1 = 71

Subtract 1 from both sides

10s = 70

divide both sides by 10

s = 7

---------------------------------

How long is the longest side of the triangle

5s + 8

5(7) + 8

35 + 8

43

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A store is having a sale on trail mix and jelly beans. For 3 pounds of trail mix and 8 pounds of jelly beans, the total cost is $31. For 5 pounds of trail mix and pounds of 2 jelly beans, the total cost is 12. Find the cost for each pound of trail mix and each pound of jelly beans.

Answers

Answer:

trail mix costs 1.00 per pound

jelly beans costs 3.50 per pound

Step-by-step explanation:

t = cost of trail mix

b = cost of jelly beans

3t+8b = 31

5t+2b = 12

Multiply the second equation by -4

-4(5t+2b = 12)

-20t+-8b = -48

Add this to the first equation

3t+8b = 31

-20t+-8b = -48

-------------------------

-17t = -17

Divide by -17

t = 1

Now we can find b

3t+8b = 21

3(1) +8b = 31

3+8b =31

Subtract 3

8b = 31-3

8b = 28

Divide by 8

b = 28/8

b = 7/3

b = 3.50

Let trail mix be x and jelly beans be y

The equations are

3x+8y=31-(1)5x+2y=12-(2)

Multiplying (1) by 1 and (2) by 4

3x+8y=31---(3)20x+8y=48--(4)

Subtracting

[tex]\\ \sf\longmapsto -17x=-17[/tex]

[tex]\\ \sf\longmapsto x=1[/tex]

Putting in eq(2)

[tex]\\ \sf\longmapsto 5(1)+2y=12[/tex]

[tex]\\ \sf\longmapsto 2y=7[/tex]

[tex]\\ \sf\longmapsto y=7/2[/tex]

The question is in the picture.

Answers

Answer:

[tex]x^{3r-18}[/tex]

Answer:

[tex]x^{3r-18}[/tex]

Step-by-step explanation:

[tex]\frac{1}{x^{18-2r} } x^{r} =\frac{x^{r} }{x^{18-2r} }[/tex]

[tex]=x^{r-(18-2r)} =x^{r-18+2r}[/tex]

[tex]=x^{3r-18}[/tex]

Hope this helps

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