Ashleigh wants to double her money. She put $5,000 in a bank account that pays 4% compounded continuously. How long will it take her to double her money? (Round to

Answers

Answer 1

Answer:

approximately 17.3 years

Step-by-step explanation:

Answer 2

Compound interest is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

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

The formula used to find continuously compounded is:

t = log (A/P) / r

The time it will take to double her money is 17.329 years.

What is compound interest?

It is the interest we earned on the interest.

The formula for the amount earned with compound interest after n years is given as:

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

P = principal

R = rate

t = time in years

n = number of times compounded in a year.

We have,

P = $5,000

r = 4%

Amount = 2 x 5000 = $10,000

n = infinite number of times.

Now,

Solve the equation for t

The formula used to find for continuously compounded is:

t = log (A/P) / r

t = log (10,000.00/5,000.00) / 0.04

t = 17.329 years

Thus,

The time it will take to double her money is 17.329 years.

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Related Questions

Sam has 3 bottles of water. Together, sam and Dave have at most 12 bottles of water

Answers

Answer:

Dave has 9 bottles of water

Step-by-step explanation:

12-3=9

Theo budgets $154 for karate classes. He buys a karate uniform, called a dogi, for $12. If it costs $8 to attend each karate class, which inequality below represents the number of classes, c, that Theo can take? 17 ≤ c 18 ≥ c 17 ≥ c 18 ≤ c

Answers

Answer:

17 ≥ c

Step-by-step explanation:

the only one that seems right but i could be wrong

please help its hard btw

Answers

Answer:

4213

Step-by-step explanation:

go to the numbers that pop out and do it backwards.

Find the slope of each line.

The slope of your line is __
so the rate is $__ per week.

The slope of your friend's line is __
so the rate is $__ per week.

How much more money does your friend save each week than you?

Your friend saves $__ more.

I'll do 15 points this time.

Answers

Slope of your line is 20, rate of change is 20, slope of friends line is 15, rate of change is 15, she saves 5 more bucks each week,

Each quadrilateral below is a parallelogram. Find the missing measures

Answers

Answer:

[tex]ST=3[/tex], [tex]VT=10[/tex], [tex]m[/tex]∠[tex]V=48[/tex]°, [tex]m[/tex]∠[tex]T=132[/tex]°

Step-by-step explanation:

In a parallelogram, opposite sides are congruent and therefore have the same length. Thus, [tex]ST=RV=3[/tex] and [tex]VT=RS=10[/tex].

Similarly, opposite angles in a parallelogram are congruent and therefore have the same measure. Thus, [tex]m[/tex]∠[tex]V=m[/tex]∠[tex]S=48[/tex]° and [tex]m[/tex]∠[tex]T=m[/tex]∠[tex]R=132[/tex]°. Hope this helps!

Rewrite the expression in the form z^n

Answers

Answer:

[tex] {z}^{ \frac{1}{2} } [/tex]

Step-by-step explanation:

[tex] \huge \sqrt[5]{ {z}^{4} {z}^{ - \frac{3}{2} } } \\ \\ = \huge \sqrt[5]{ {z}^{4 - \frac{3}{2} } } \\ \\ = \huge \sqrt[5]{ {z}^{ \frac{8 - 3}{2} } } \\ \\ = \huge \sqrt[5]{ {z}^{ \frac{5}{2} } } \\ \\ = \huge {z}^{ \frac{5}{2} \times \frac{1}{5} } \\ \\ = \huge {z}^{ \frac{1}{2} } [/tex]

A diagram of a swimming
pool is below. The width of
the pool is 25 m, find the
length of the actual pool?
7.5 cm
15 cm

Answers

the correct answer is 50


7.5×2 = 15

25×2 = 50

A shirt is on sale for $15.75. This is 15% off the original price. What was the original price of the shirt?

$18.11

$13.39

$17.25

$18.53

Answers

Divide sale price by (1 - percent of discount):

15.75 / (1- 0.15) =

15.75 / 0.85 = 18.53

Answer = $18.53

Answer:

18.53

Step-by-step explanation:

18.53*0.15≈2.7795

Rounded = 2.78

18.53-2.78=15.75

Sumaya is using two different strings of Christmas lights to decorate her house.one string flashes every 10 seconds.the other one string flashes every 15 seconds.when Sumaya turns on the lights they flashes at the same time.work out how long it will be before they flash again at the same time.use the LCM to help you work out your answer​

Answers

Answer: 30 seconds

Step-by-step explanation:

From the question, we are informed that one string flashes every 10 seconds while the other one string flashes every 15 seconds.

The number of minutes that it'll take before they both flash again at the same time will be gotten by calculating the LCM of 10 and 15. This will be:

10 = 10, 20, 30, 40, 50 ...

15 = 15, 30, 45, 60, 75 ....

We can see that the lowest common multiple of 10 and 15 is 30. Therefore, the answer is 30.

They'll both flash again at same time in 30 seconds.

Can you simply these fractions?

Answers

Here is your answer. Hope it helps

pls help!! and show your work. i'm confused on it

Answers

Answer:

2.3×10/10=23/10=2 3/10 is mixed number

so basically, decimal points are tenths, hundredths, thousandths, etc. In this number, we have a digit in the ones place, and the tenths place. Decimals are based of 10. So, 0.3 would equal to 3/10, be it is 3 of 0.1 or 1/10. We cannot simply 3/10 because they only have a common factor of 1. So the final answer would be 2 3/10.

If using the method of completing the square to solve the quadratic equation
x²– 20x + 24 = 0, which number would have to be added to "complete the
square"?

Answers

x²-20x + 24 = 0

x²-20x = 24

x²-20x + 100 = 24 + 100

(x-10)² = 76

x = -2 √(19) + 10
x = 2 √(19) + 10

Tell whether -2 is a solution of the
inequality 6g – 14 > - 21

Answers

Answer:

3(4g + 6) = 2(6g + 9)

Distribute 3 and 2 inside their respective parentheses.

12g + 18 = 12g + 18

Step-by-step explanation:

(2g+3)(5g^2-6)

        or  (5g^2-6)(2g+3)

Determine whether the expression is a polynomial. If it is a polynomial state the degree of the polynomial
3z^2 - 5z + 11

Answers

The expression is a polynomial and and the degree of the polynomial(quadratic equation) is 2.

What is a polynomial expression?

A polynomial expression is an algebraic expression that takes the form [tex]\mathbf{ax^{n > 1}+bx+c}[/tex]. It consist of variables, arithmetic operator, non-integers and coefficient.

A quadratic equation is a form of polynomial equation due to the fact that it comprises of a power of x for which x is a non-negative integer. However, the degree of a quadratic equation is 2.

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The value of Melissa's Jeep is $28,000 and is depreciating at a rate of 14% per year. Use an exponential function to find the value of the Jeep after 6 years. Round to the nearest cent. *

Answers

Answer:

$12,088

Step-by-step explanation:

Value = $28,000

Rate, r = 14% = 0.14

Time = 6 years

Using an exponential function :

A = Pe^-rt

P = initial value

A = final worth

A = 28000*e^-(0.14*6)

A = 28000 * e^-0.84

A = 28000 * 0.4317105

A = 12087.894

Worth after 6 years = $12,088

This recipe makes 12 flapjacks.
How much of each ingredient is needed to make 30 flapjacks by following this recipe?

Recipe: Makes 12 flapjacks
140 g margarine
120 g sugar
100 mL syrup
240 g oats
50 g raisins

Answers

Ingredients for 30 flapjacks:

margarine = 350g

sugar : 300g

syrup :250g

oats :  600g

raisins : 125g

What are the ingredients needed for 30 flapjacks?

The first step to determine the amount of ingredients needed to make one flapjack.

Ingredients for one flapjack:

margarine = 140 / 12

sugar : 120 / 12

syrup : 100 / 12

oats : 240 / 12

raisins : 50 / 12

Ingredients for 30 flapjacks:

margarine = (140 / 12) x 30 = 350g

sugar : (120 / 12 ) x 30  = 300g

syrup : (100 / 12) x 30 = 250g

oats : (240 / 12) x 30 = 600g

raisins : (50 / 12) x 30 = 125g

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I need help with math

Answers

Answer: 15
Answer: c +5 is the same as c+5 and 2 of (c+5) equals 30, so 30/2 will equal the price of 1 pizza.

Answer:

The answer is $10

Step-by-step explanation:

c+5 multiplied by 2 is 2c+10=30 subtract ten to get 2c=20 divide by 2 and get your answer c=10

please help i’m trying to get my math grade up lol

Answers

Answer:

a)

Step-by-step explanation:

2(6x)=12x

2(5x)=10x

=22x

2(-4)=-8

22x-8

2 (6x - 4 + 5x)
= (2)(6x - 4 + 5x)
= (2)(6x) + (2)(-4) + (2)(5x)
= 12x - 8 + 10x
= 22x - 8
So The Answer Is 22x - 8

Hope This Helped You.

Determine whether the sequence is arithmetic. If it is, determine the common difference.
--12, 10, 32, 54,...

Answers

Answer:

The sequence is arithmetic

Step-by-step explanation:

Here we want to determine the sequence is arithmetic

If the sequence was arithmetic, the difference between the terms would be constant

We have this as;

10-(-12) = 22

32-10 = 22

54-32 = 22

As we can see, the difference is constant and so we have it that the sequence is arithmetic

A = (1,5)
C = (1.75, 2.5)
B = (?)

Answers

B would be 5.5 and the other number would be 2.75 if I’m wrong I’m sorry

Find the sales tax. Then find the total cost of the item.
Sales Tax
Selling Price Rate of Sales Tax Sales Tax
$50.00
4%
?
The sales tax is $
The total cost is $​

Answers

Answer:

Tax = $2.00, cost of item = $52.00

Step-by-step explanation:

Multiply 50(.04) = $2.00, then add $50 + $2 = $52

Answer:

Sales tax 2.00, Total cost=52.00

Step-by-step explanation:

50 x .04=2 sales tax

50+2=52 total price

Of those who like to fish, what percent are ages 13-18?

Answers

Answer:

B.) 42.9

Step-by-step explanation:

The percent that we are trying to find out is 12/28

I know this because if you add the 12 and 16 which is the total amount of people given then it leaves us with an amount of 28 people. Since we are trying to find the percent of the number of people who like fish we have to divide the total by 12 (the number of people who like fish)

Anyways 12 divided by 28 = 42.857etc.

If we simplify this then that gives us our answer of B.) 42.9

B. 42.9%
trust me it’s right

Please help will give brainlest

Answers

The answer is x=3
I hope this helps

Pleaseee helppp answer correctly !!!!!!!!!!!!!!! Will mark Brianliest !!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

2t+2u+2v+4w

Step-by-step explanation:

Add up all of the terms

Find the value of x
*giving brainliest*

Answers

Answer:

I think is x=13.5

Step-by-step explanation:

Answer:

i think 13.2 but not sure

Help????? 5 rate its due at 8:00 hehee.....

Answers

An equation has to have a equal sign. So all with a equal sign. If there’s no equal sign it’s a expression.

6 times a number is 27 less then the square of that number find the positive soloution

Answers

Answer:

9

Step-by-step explanation:

n2-27=6n

Than n (exponet) 2 - 27 - 6n = 0

Now factor (n-9)(n+3)=0

2. What does Decay means?
O To increase more and more.
O To get lesser and lesser.
O To multiply.
O To get higher.

Answers

To get lesser and lesser

Lori bought some cookies for $2 each and muffins for $3 each. She bought twice as
many muffins as cookies and spent $16. How many cookies did Lori buy?

Answers

Answer:

2 cookies

Step-by-step explanation:

let c represent cookies, m represent muffins. set up a system of equations:

2c+3m=16

m=2c

(the top equation shows that cookies are $2 each, and muffins are $3, and that the total cost is $16. the bottom equation shows that Lori bought twice as many muffins as cookies).

then solve the system of equations by substitution, substituting 2c for m in the top equation:

2c+3(2c)=16

2c+6c=16

8c=16

c=2

this means that lori bought 2 cookies.

Answer:

2 cookies

Step-by-step explanation:

let c = no. of cookies

2c = no. of muffins

The cost for c cookies is 2c since each cookie was $2

and the cost of 2c muffins is 3(2c) = 6c since each muffing was $3

The total cost = 2c + 6c = 16

                                 8c  = 16

                                   c = 2

So, she bought 2 cookies and 4 muffins

Please hurry I’m having trouble on this question

Answers

Answer:

c

Step-by-step explanation:

Answer:

B. Y = 1.5x

Step-by-step explanation:

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