an initial investment of $9000 grows at an annual interest rate of 5% compounded continuously. how long will it take to double the investment?

Answers

Answer 1

Answer:

20 years

Step-by-step explanation:

9000/ 100= 900 = 10%

900/2= 450

450 x 2= 900

900 x 10= 9000

Now we multiply 10 by 2 because we doubled the value of our 450 into a 900 and now we get 20.

Answer 2

Compound interest is the interest that is made from the principal and the interest as well in consecutive years.

The number of years it will take to double the investment is 15 years.

What is compound interest?

Compound interest is the interest that is made from the principal and the interest as well in consecutive years.

We have,

Principal = $9000

Rate = 5%

The formula is given as:

A = p [tex](1 + \frac{R}{100} )^{n}[/tex]

n = number of years

Double the investment:

Amount = 2 x 9000 = 18000

Now,

18000 = 9000 [tex](1 + \frac{R}{100} )^{n}[/tex]

2 = [tex](1 + 0.05)^{n}[/tex]

2 = [tex]1.05^{n}[/tex]

Taking log on both sides.

[ log a² = 2 log a ]

log 2 = n log 1.05

0.30 = n 0.02

n = 0.30 / 0.02

n = 15

Thus,

The number of years it will take to double the investment is 15 years.

Learn more about compound interest here:

https://brainly.com/question/28710847

#SPJ2


Related Questions

25 points! Please help!

Answers

Answer: 15 minutes

Explanation:

Answer:

17.5(D)

Step-by-step explanation:

So, lets see:

Every 5 minutes, Raul answers 22 questions.

The test has 77 questions.

We must figure out the time it takes to answer all 77 questions.

To do this, lets first divide the total questions by the questions answered per 5 minutes:

77 / 22

=

3.5

I got 3.5 knowing that 3x22 is 66, and half(0.5) of 22 is 11, and 11 plus 66 is 77.

So, the 3.5 is how many times he answrs 22 questions in five minutes.

To make a bit more sense, basically we have to multiply the 5 minutes by the 3.5:

3.5*5

=

17.5

We know that 3 times 5 is 15. Half(0.5) of 5 is 2.5, so 15+2.5 is 17.5.

So the answer is that for the 77 quesitons, it takes 17.5 minutes

HOPe this helps!

Can someone help me out my math grads are bad

Answers

Answer:

First answer: 5x+8x+9+3+4

Second answer: 13x+16

First answer would be 5x+8x+9+3+4
Second one would be 13x+16

Z OO
Which of the following statements are true? Check all that apply
The distance covered on a two hour bloyole ride depende on the bike'e rate of
speed Al 10 mph, the rider will cover 20 miles. Al 18 mph, she will cover 30
miles
A. Distance(16) = 30
B. Distance(30) = 16
C. Distance(20) = 10
D. Distance(10) = 20

Answers

Answer:

Step-by-step explanation:

A. Distance(16)= 30

There are 4 green marbles and 2 red marbles in the jar. You just randomly draw one by one without replacement and stop when you get the first red marble. Let X be the number of green marbles you draw when you stop. Get the probability distribution of X and find the expectation of it

Answers

Answer:

Then the probability distribution is:

P(0) = 1/3

P(1) = 4/15

P(2) = 1/5

P(3)  = 2/15

P(4) = 1/15

The expected value for X is:

EV = 1.33...

Step-by-step explanation:

We have a total of 6 marbles in the jar.

The probability of getting a red marble in the first try  (X = 0) is equal to the quotient between the number of red marbles and the total number of marbles, this is:

P(0) = 2/6 = 1/3

The probability of drawing one green marble (X = 1)

is:

First, you draw a green marble with a probability of 4/6

Then you draw the red one, but now there are 5 marbles in the jar (2 red ones and 3 green ones), then the probability is 2/5

The joint probability is:

P(1) = (4/6)*(2/5) = (2/3)*(2/5) = 4/15

The probability of drawing two green marbles (X  = 2)

Again, first we draw a green marble with a probability of 4/6

Now we draw again a green marble, now there are 3 green marbles and 5 total marbles in the jar, so this time the probability is 3/5

Now we draw the red marble (there are 2 red marbles and 4 total marbles in the jar), with a probability of 2/4

The joint probability is:

P(2) = (4/6)*(3/5)*(2/4) = (2/6)*(3/5) = 1/5

The probability of drawing 3 green marbles (X = 3)

At this point you may already understand the pattern:

First, we draw a green marble with a probability 4/6

second, we draw a green marble with a probability 3/5

third, we draw a green marble with a probability 2/4

finally, we draw a red marble with a probability 2/3

The joint probability is:

P(3) = (4/6)*(3/5)*(2/4)*(2/3) = (2/6)*(3/5)*(2/3) = (1/5)*(2/3) = (2/15)

Finally, the probability of drawing four green marbles (X = 4) is given by:

First, we draw a green marble with a probability 4/6

second, we draw a green marble with a probability 3/5

third, we draw a green marble with a probability 2/4

fourth, we draw a green marble with a probability 1/3

Finally, we draw a red marble with a probability 2/2 = 1

The joint probability is:

P(4) = (4/6)*(3/5)*(2/4)*(1/3)*1 = (1/5)*(1/3) = 1/15

Then the probability distribution is:

P(0) = 1/3

P(1) = 4/15

P(2) = 1/5

P(3)  = 2/15

P(4) = 1/15

The expected value will be:

EV = 0*P(0) + 1*P(1) + 2*P(2) + 3*P(3) + 4*P(4)

EV = 1*(4/15) + 2*( 1/5) + 3*( 2/15) + 4*(1/15 ) = 1.33

So we can expect to draw 1.33 green marbles in this experiment.

WILL GIVE BRAINLIEST

Answers

Answer:110 degrees

Step-by-step explanation:

A pool in the shape of a rectangular prism has a length of 12 m, a width of 6 m, and a depth of 1.5 m. Find the volume of water needed to fill the pool.

Answers

Answer:

108 m^3

Step-by-step explanation:

The volume of a rectangular prism is the product of all its sides. 12 * 6 * 1.5 = 108

42 cubes of side 8cm are packed into a cuboid
64cm by 40cm by 24cm. How many more
cubes are needed to completely fill the cuboid?​

Answers

Answer:

multiply it

Step-by-step explanation:

thats it

Solve for
x. Round to the nearest tenth, if necessary.

Answers

Answer:

Step-by-step explanation:

take 18 degree as reference angle

using cos rule

cos 18=adjacent/hypotenuse

0.95=x/27

0.95*27=x

25.65=x

25.7=x

Tenley makes stained glass windows. She used this piece of stained glass in one of the windows. How many right angles does this piece of stained glass appear to have?

Answers

Answer:

I think its 0

Step-by-step explanation:

6+4*{3+7}=

um i need help

Answers

Answer:

46

Step-by-step explanation:

6+4×10=6+40

6+40=46

A rectangular garden has an area of 154 square feet. If its width is 11 feet, what is its length?

Answers

Answer:

[tex]Width = 14feet[/tex]

Step-by-step explanation:

Given

[tex]Area = 154[/tex]

[tex]Width = 11[/tex]

Required

The length

Area is calculated as:

[tex]Area = Length * Width[/tex]

Make Width, the subject

[tex]Width = \frac{Area}{Length}[/tex]

So, we have:

[tex]Width = \frac{154}{11}[/tex]

[tex]Width = 14feet[/tex]

Which of the pairs of angles are vertical angles and thus congruent? ∠A and ∠G ∠A and ∠B ∠C and ∠F ∠D and ∠H

Answers

Answer:

∠A and ∠G is the pair of vertical angles.

Step-by-step explanation:

From the figure attached,

Two lines 'm' and 'n' are two parallel lines. These lines intersect a horizontal line 'l'.

Since, "Pair of opposite angles formed at the point of intersection are the vertical angles and equal in measure."

Therefore, Opposite angles ∠A ≅ ∠G, ∠B ≅ ∠H, ∠C ≅ ∠E and ∠D ∠F are the vertical angles.

From the given options,

∠A and ∠G is the pair representing the pair of vertical angles and thus congruent.

Answer:

∠A and ∠G

Step-by-Step Explaination:

I did it on

E

D

G

E

N

U

I

T

Y

What is the perimeter of the shape?
- 12 feet
-14 feet
-26 feet
-38 feet

Answers

Answer:

26 ft

Step-by-step explanation:

find the vertex of the graph of the following quadratic equations y= -3x^2 -12x-13

Answers

by using the rule -b/2a —> 12/-6= -2

Answer:

Step-by-step explanation:

The vertex is a point. The x value is defined as x = - b / 2a where

a = -3

b = - 12

x = - -12/ 2* -3

x = 12 / - 6

x = -2

what is y when x = - 2?

y = -3(-2)^2 - 12(-2) - 13

y = -12 + 24 - 13

y  = -1

Does the graph agree? It should

The equation is written as

y = -3(x + 2)^2 - 1

The line shown below has the equation y = 2/3x-1
The highlighted point has coordinates (-4.3).

Answers

Answer:

Step-by-step explanation:

ask cymath it will help you with any mathmatical problem

Can someone please answer= 20 points
Below is a geometric sequence, what numbers CANNOT be apart of the sequence? Select all that apply.
F(1)=___
F(2)=-16
F(3)=___
F(4)=-256

a.-4
b.4
c.64
d.-64
e,1024
f.-1024

Pls give explanation if possible...

Answers

The answer is c can’t give explanation

15) My bag contains two books each of weight kg and 3/7 folders each of weight
kg. What is the total weight of my bag5/21? What fraction of the total weight
21
are books?​

Answers

Answer:

thx for the points MWAH!

Step-by-step explanation:

50 POINTS!!!
Given the point (18, -10), apply the rule and tell the image after the translation as an ordered pair with no spaces.

(x,y) --> (x - 11, y - 9)


[no ridiculous answers or links or i will report]

Answers

Answer:

(7,-19)

Step-by-step explanation:

(x,y) --> (x - 11, y - 9)

Substitute x=18 and y = -10 into the translation

(x,y) --> (18 - 11, -10 - 9)  

             (7,-19)

Find mCFD
O 180°
O 276°
O 307°
O 53°

Answers

9514 1404 393

Answer:

  307°

Step-by-step explanation:

The measure of arc CFD is the measure of the whole circle, less the measure of arc CD. The measure of arc CD is the difference between the measures of arc CE and DE. Arc CE has the same measure as arc BF, so we have ...

  arc CFD = 360° -(arc BF -arc ED)

  arc CFD = 360° -132° +79°

  arc CFD = 307°

_____

Arcs BF and CE are of equal measure because their central angles are vertical angles, hence congruent.

If A = –2p + 7 and B = p2 + 3p – 5, find an expression that equals A – 3B in
standard form.

Answers

Answer:

-3p^2 - 11p + 22

Step-by-step explanation:

A - 3B becomes (-2p + 7) - 3*(p^2 + 3p - 5).

Perform the indicated multiplication, obtaining:

                            (-2p + 7) - 3p^2 - 9p + 15, and then:

                              -2p + 7 - 3p^2 - 9p + 15, or (combining like terms):

                             

                                 -3p^2 - 11p + 22

From a hot-air balloon, Meena measures a 37° angle of depression to a landmark
that's 1865 feet away, measuring horizontally. What's the balloon's vertical distance
above the ground? Round your answer to the nearest hundredth of a foot if necessary.

Answers

Answer:

The balloon is 1405.38 feet above the ground.

Step-by-step explanation:

tan 37 = opp/adj = x/1865

tan 37/1 = x/1865

1865 tan 37 = x

x=1405.378303...≈1405.38

Question in screenshot

Answers

Answer:

See below

Step-by-step explanation:

[tex]y = {u}^{ \frac{3}{2} } \\ \\ \therefore \: \frac{dy}{du} = \frac{3}{2} {u}^{ \frac{3}{2} - 1 } = \boxed{\frac{3}{2} {u}^{ \frac{1}{2}} } \\ \\ u = 8x + 3 \\ \\ \frac{du}{dx} = 8.1 + 0 = \boxed{8}[/tex]

One term of a geometric sequence is a4=135. The common ratio is r=3. Write an explicit rule for the nth term.

Answers

Answer:

[tex]a_{n} = 5 * 3^{n-1}[/tex]

Step-by-step explanation:

To find the nth term of a geometric sequence, you have the general formula:

[tex]a_{1} *r^{n-1}[/tex]

where a1 is the first term and r is the common ratio. In order to find the 4th term, we can substitute what we have(n is 4 because we are looking for the fourth term):

135 = [tex]a_{1} * 3^{4 - 1}[/tex]

135 = [tex]a_{1} * 3^3[/tex]

135 = [tex]27a_{1}[/tex]

[tex]a_{1} = 5[/tex]

Now, we can substitute the first term back in:

[tex]a_{n} = 5 * 3^{n-1}[/tex]

Express 848.41 m in millimeters

Answers

Answer: 848410 millimeters

Move the decimal three places to the right.

A tutoring company would like to understand if most students tend to improve their grades (or not) after they use their services. They sample 220 of the students who used their service in the past year and ask them if their grades have improved or declined from the previous year. Write the null and alternative hypotheses in words.

Answers

Answer:

Null hypothesis :

Grades have not improved for a majority of students

Alternative hypothesis :

Grades have improved for a majority of students

Step-by-step explanation:

The null and alternative hypothesis for this scenario who see the null hypothesis take a midpoint between improvement and decline ; which can be expressed as ;

H0 : p = 0.5

This means that the performance of students is at a centre point where it could swing either way (decline or improve).

To test of grade has improved students, the, the proportion of f students who have proved should be greater. Which is what the test intends.

H1 : p > 0.5

can anyone help me with this pls

Answers

D should be your answer :)

The increasing annual cost (including tuition, room, board, books and fees) to attend college ) to attend college has been widely discussed in many publications including Money magazine. The following random samples show the annual cost of attending private and public colleges. Data are in thousands of dollars.

Private Colleges
53.8 42.2 44.0 34.3 44.0
31.6 45.8 38.8 50.5 42.0

Public Colleges
20.3 22.0 28.2 15.6 24.1 28.5
22.8 25.8 18.5 25.6 14.4 21.8

Required:
a. Compute the sample mean (in thousand dollars) and sample standard deviation (in thousand dollars) for private colleges.
b. What is the point estimate (in thousand dollars) of the difference between the two population means?

Answers

Answer:

a) The sample mean is of 42.7 thousand dollars.

The standard deviation is of 6.38 thousand dollars.

b) The point estimate of the difference between the two population means is of 20.4 thousand dollars.

Step-by-step explanation:

a. Compute the sample mean (in thousand dollars) and sample standard deviation (in thousand dollars) for private colleges.

Sample mean is the sum of all values divided by the number of values. So

[tex]M = \frac{53.8 + 42.2 + 44.0 + 34.3 + 44.0 + 31.6 + 45.8 + 38.8 + 50.5 + 42.0}{10} = 42.7[/tex]

The sample mean is of 42.7 thousand dollars.

Sample standard deviation is the square root of the sum of the difference squared between each number and the mean, divided by the number of values. So

[tex]S = \sqrt{\frac{(53.8-42.7)^2 + (42.2-42.7)^2 + (44.0-42.7)^2 + (34.3-42.7)^2 + (44.0-42.7)^2 + (31.6-42.7)^2 + (45.8-42.7)^2 + (38.8-42.7)^2 + (50.5-42.7)^2 + (42.0-42.7)^2}{10}} = 6.38[/tex]

The standard deviation is of 6.38 thousand dollars.

b. What is the point estimate (in thousand dollars) of the difference between the two population means?

First, we have to find the sample mean for public colleges, and then subtract the sample mean of private colleges by the sample mean of public colleges. So, for public colleges:

[tex]M = \frac{20.3 + 22.0 + 28.2 + 15.6 + 24.1 + 28.5 + 22.8 + 25.8 + 18.5 + 25.6 + 14.4 + 21.8}{12} = 22.3[/tex]

Point estimate of the difference:

42.7 - 22.3 = 20.4

The point estimate of the difference between the two population means is of 20.4 thousand dollars.

(a) 34 is 85% of what number?

Answers

Answer:

[tex]40[/tex]

hope this helps you.

Can I have the brainliest please?

csc^ 2 theta- csc^ 2 theta sec^ 2

Answers

Answer:

-csc²θ(tan²θ)

Step-by-step explanation:

csc²θ-csc²θ(sec²θ)

-csc²θ(-1+sec²θ)

-csc²θ(tan²θ)

solve this: - 4 h = 32​

Answers

Answer:

o

Step-by-step explanation:

-4h=32

h=32/-4

h=-8

stay safe healthy and happy.

Answer:

h=-8

Step-by-step explanation:

-4h=32

Isolate h by dividing -4 on both sides

h=32/-4

Simplify

h=-8

If this helps please mark as brainliest

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