a person invests 6500 dollars in a bank. the bank pays 6.75% interest compounded semi-annually. to the nearest tenth of a year, how long must the person leave the money in the bank until it reaches 15700 dollars?
A = P(1+r/n)^nt

Answers

Answer 1

Answer:

t=13.28382 ≈ 13.3 years

Answer 2

It takes 13.3 years to amount $15700 from the principal $6500.

Given that, a person invests 6500 dollars in a bank. the bank pays 6.75% interest compounded semi-annually.

What is the compound interest?

Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.

The formula used to find the compound interest = A = P(1+r/n)^nt

Now, 15700 =6500(1+6.75/2×100)^2t

⇒ 15700/6500=(1+6.75/200)^2t

⇒ 15700/6500=1.03375^2t

⇒ 2.415=1.03375^2t

Take the logarithm of both sides of the equation to remove the variable from the exponent.

Exact Form:

t=ln(2.415)/2ln(1.03375)

Decimal Form:

t=13.28141707

≈ 13.3 years

Therefore, it takes 13.3 years to amount $15700 from the principal $6500.

To learn more about the compound interest visit:

https://brainly.com/question/14295570.

#SPJ2


Related Questions

Can please someone do this❗️

Answers

Answer:

7 is 50 , 8 is84, 9 is 45, 10 is 135, 11 is 155 and 12 is 80

Step-by-step explanation:

A quality-conscious disk manufacturer wishes to know the fraction of disks his company makes which are defective. Step 1 of 2: Suppose a sample of 2346 floppy disks is drawn. Of these disks, 1971 were not defective. Using the data, estimate the proportion of disks which are defective. Enter your answer as a fraction or a decimal number rounded to three decimal places.

Answers

Answer:

The proportion of disks which are defective is 0.16.

Step-by-step explanation:

The proportion of defective disks is the number of defective disks in the sample divided by the size of the sample.

In this question:

2346 disks.

1971 not defective, so 2346 - 1971 = 375 defective.

[tex]p = \frac{375}{2346} = 0.16[/tex]

The proportion of disks which are defective is 0.16.

Solve 4c + 10 = 2. A. c = 2 B. c = -3 C. c = 3 D. c = -2

Answers

Answer:

d.c=-2

Step-by-step explanation:

Answer:  A. c=-2

Step-by-step explanation:

4c + 10 = 2

4c = -8

c = -2

PLEASE JUST HELP ITS ACTUALLY AN EMERGENCY I WILL GIVE 3K ON BLOXBURG FOR THIS

Answers

cut off the topright rectangle so there are 2 rectangles.

That will make it look like this

2x3=6

            +

5x3=15

            =

21

            The area of that shape would be 21 square feet

21 square ft                                                                                                                                              

u got 3K i only got 1K cuz i be spending it on my house and emotes and food ;-;

                                                                                                                                                                                                                                                                                                                             

Write this equation in standard form y=3x+10

Answers

Answer:

to standard form

3x-y = -10

P.S 26 is not the answer I tried it I need help :(

Answers

Answer:

52.........................

Answer:

A

Step-by-step explanation:

(2x + 6)° = 32°.........(Alternate angles are equal)

2x° = 32°- 6°

2x° = 26°

x. = 26 ÷ 2

x. =. 13°

PLEASE GIVE BRAINLIEST....

In ΔRST, s = 3.5 cm, r = 5.4 cm and ∠R=49°. Find all possible values of ∠S, to the nearest 10th of a degree.

Answers

Answer:

29.3

Step-by-step explanation:

Sin(49)/5.4 = Sin(S)/3.5

Cross multiply.

0.4891636168

Sin^-1(0.4891636168) = 29.28562335

Round to nearest tenth.

29.3

Sarah is solving for X by the process of completing the square for the following problem..

2x^2+16x-12=0

She got to this point below - type the number that goes in the (?) spot

(x+?)^2=22

Answers

Answer:4

Step-by-step explanation: Since she did it by completing the square, then you must do the same thing to get the same form so you can see what that number is.

So first subtract the constant which is -12 so we need to add twelve to get the constant on the other side. So we now have 2x^2+16x=12

The constant of the x^2 must be 1 so we need to divide by 2 on every term to get x^2+8x=12

So to make it so to get a perfect factor we need to divide the x factor by 2 so we get 4.

So the answer is 4 cause it is a perfect factor so were going to get 4 on both factors.

Answer:

4

Step-by-step explanation:

x²+2(x)(?)+?²=22

multiply by 2 because the coefficient of the higher degree in the first equation is 2

2x²+2(2(x)(?))+2(?²)-2(22)=0

2x²+4x(?)+2?²-44=0

Comparison

4x(?)=16x

?=4

2?²-44=-12

So, 2?²=-12+44

2?²=32

?²=16

?=4

Steven paid $60 for 3 cardio dance workout classes. He’s trying to set up an equation to help him find the cost of each class. What should Steven put in the blank of the following equation? c=$___÷3?

Answers

Answer:

c=$60/3.  $20 dollars per class.

Step-by-step explanation:

what is the value of angle x?​

Answers

Answer:

x=66

Step-by-step explanation:

Hello There!

∠BAC ≅ ∠CDB because in a parallelogram opposite angles are congruent

So all we have to do is solver for ∠BAC

Remember the sum of the triangles angles is 180 so to find ∠BAC

we subtract the given angles (83 and 31) from  180

180-83-31=66

so ∠BAC = 66

like stated before

∠BAC≅∠BDC so if ∠BAC = 66 then x also equals 66

Answer:

x = 66

Step-by-step explanation:

x = 66 degree

Diego has run 4/5 of a race distance. He has run 7 2/3 ​

Answers

Your question is incomplete, but I am guessing that it reads something like:

“Diego has run 4/5 of a race distance. He has run 7 2/3 miles. How long is the race? Or “how many miles does he have left?”

How long is the race? = 9 7/12 miles

4/5x = 7 2/3
4/5x = 23/3
x = 23/3 • 5/4
x = 115/12
x = 9.58333
x = 9 7/12 miles

How many miles does he have left? = 1 1/12 miles


1/5 • 115/12 = 115/60 = 1.916666
= 1 55/60 = 1 11/12 miles


Let me know if I didn’t guess your question correctly and I will try to help more.

Need help with this asap!!

Answers

Answer:

≈ 53.7° (Option 3)

Step-by-step explanation:

In the figure given above , the lengths of other two sides (excluding hypotenuse) are known to us. So , it would be convenient to use 'tan'.

Length of side opposite to angle 'x' = 15 cm

Length of side adjacent to angle 'x' = 11 cm

Using 'tan' formula - [tex]\tan x = \frac{Side \: opposite \: to \: x}{Side \: adjacent \: to \: x}[/tex] , lets solve this.

[tex]=> \tan x = \frac{15}{11}[/tex]

Using inverse tan function , lets find x.

[tex]=> x = {\tan}^{-1}(\frac{15}{11} )[/tex] ≈ 53.74°

HELP ASSAP I NEED TO FINISH THIS TEST AND TIS THE LAST ONE

Answers

Answer:

a=4

b=5

Step-by-step explanation:

Sally has a clock with a minute hand that extends to the clock's edge. The 10 points
minute hand is 5.25 inches long. What is the CIRCUMFERENCE of the
clock? *Hint* the minute hand is the radius. *
16.485 inches
32.97 inches
about 86.55 inches
None of the above

Answers

Answer:

no se ingles así que no se pero te doy gracias por los puntos

HELPP DUEE BY 1pm PACIFIC HELP ASAPP

Answers

I can try and help, 36 = 3 (4.5 + x), whichif you distribue, you get 36 = 13.5 + 3x, and if you solve from there, you get 22.5 = 3x, then your answer, 7.5 = x

WILL GIVE BRAINLIST PLS HELP Find x. Round your answer to the nearest tenth.

Answers

Answer:

i think x= 13.5

Step-by-step explanation:

Laura wants to learn more about her new high school. Which of the following is a statistical question Laura could ask?

A. What is the address of the school
B. Who is the principal
C. How old are the students at the school
D. Does the high-school have a jazz band

Answers

Answer:

D.

Step-by-step explanation:

There is no explanation

The answer is D. There is or should not be not explaining on this question


2x+ 1/X-3+x/x-3+4/x-3

Answers

answer is below lmk if it’s correct or wrong

Halle hires a limousine at a rate of $35.40 per
hour. If she uses the limousine for 5 hours, what
will her bill for the limousine be? [7.RP.1]

Answers

177$ because you would take the hourly rate and multiply it by your amount of time.

Answer:

$177

Step-by-step explanation:

35.40 * 5 = 177 you multiply 35.40 with 5

Aretha had 9 pencils. She gave her
sister 1/3 of the pencils. How many
pencils did Aretha give her sister?

Answers

Answer:

3

Step-by-step explanation:

9 divided by 3 is 3

A study on the latest fad diet claimed that the amounts of weight lost by all people on this diet had a mean of 23.4 pounds and a standard deviation of 6.8 pounds. Step 1 of 2 : If a sampling distribution is created using samples of the amounts of weight lost by 63 people on this diet, what would be the mean of the sampling distribution of sample means

Answers

Answer:

The mean of the sampling distribution of sample means would be of 23.4 pounds.

Step-by-step explanation:

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

What would be the mean of the sampling distribution of sample means?

By the Central Limit Theorem, the population mean, that is, of 23.4 pounds.

In a town, 65% of people had high speed internet in their homes. If the population of the town is 80,000, how many
people do not have access to high speed internet in their homes?
Show work

Answers

100%-65%=35% then 35% of 80,000 is 80,000 times 0.35, which is 28,000

Mac Cosmetic sells a lip gloss for $15.50, but it only costs the company $6 to make it what is the percentage markup on the lip gloss?

Answers

Answer:

158%

Step-by-step

$15.50 - $6 = $9.50 < Profit

Now To find The Percentage of the markup on the lip gloss?

You Divide $9.50  by $6 And You Will Get This 1.58333333333

For A Percent You Move The Decimal Point Back Two Spots And You Get

158%

I Hope You Understand and i hope i helped you

yo sorry xDDDDD ok dis real 1

Answers

Answer:

96 dozen (or/aka) 1152 cupcakes

Step-by-step explanation:

I hope this is right, if not I'm very sorry just bad at math.

What is 0.11 / 22.77

Answers

Answer:

is your answer

0.00483091

Step-by-step explanation:

Could someone please solve?

Answers

Answer:

a) y=4

b) x=8

Step-by-step explanation:

we know the a line is on point 4 on the y axis. So it would be y=4

The second one is the same. line b is on the point 8 on the x axis, so x=8

Question 2 of 20 -
2020-2021 T-Mat
What is the area of the shape below?
6 yd
4 yd
5 yd
9 yd

Answers

Answer:30

Step-by-step explanation:

Tara and Mallory are practicing their passing at a volleyball practice. Tara bumps the ball from a height of 3 feet above the ground with an initial upward velocity of 12 feet/second. at the same time, mallory serves the ball from a height of 3.25 feet above the ground with an initial upward velocity of 9 feet/second.

if x represents the number of seconds since each ball is passed and y represents the height of the ball, which system of equations models the projectile motion of the two balls? recall that the acceleration due to gravity is -32 feet/second

Answers

Answer:

The system of equation that models the projectile of the two balls is option;

C. y = -16·x² + 12·x + 3

y = -16·x² + 9·x + 3.25

Step-by-step explanation:

The general equation for vertical (upward) motion under gravity is presented as follows;

h - h₀ = u·t + 1/2·g·t²

Where;

h = The final height reached

h₀ = The initial height

u = The initial velocity

g = The acceleration due to gravity ≈ -32 feet/second

t = The time taken

We can rewrite the above equation with different letters for the variables as follows;

h = y,

h₀ = y₀, and

t = x

Therefore, we have;

y - y₀ = u·x - 1/2 × 32 × x²

y = u·x - 1/2 × 32 × x² + y₀ = u·x - 16· x² + y₀

y = u·x - 16· x² + y₀ = -16·x² + u·x + y₀

y = -16·x² + u·x + y₀

For Tara, we have;

u = 12 feet/second

y₀ = 3 feet

Therefore, we get;

y = -16·x² + 12·x + 3

For Mallory, we have;

u = 9 feet/second

y₀ = 3.25 feet

Therefore, we get;

y = -16·x² + 9·x + 3.25

The correct option is therefore;

y = -16·x² + 12·x + 3

y = -16·x² + 9·x + 3.25

Which expression is equivalent to 6x^2+16x-6

Answers

The answer is (2x+6)(3x-1)

Meggie starts with 100$ in her account.she wants to deposit 5$ per week . write an equation in slope intercept form to represent this situation

Answers

Answer:

y = 5x + 100

Step-by-step explanation:

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