How long will it take your money to double if you put $500 into an account compounded quarterly at 2.9%?

Answers

Answer 1
Answer: About 24 years

=======================================================

Work Shown:

A = P*(1+r/n)^(n*t)

1000 = 500*(1+0.029/4)^(4*t)

1000 = 500*(1.00725)^(4*t)

1000/500 = (1.00725)^(4*t)

2 = (1.00725)^(4*t)

log(2) = log( 1.00725^(4*t) )

log(2) = 4*t*log( 1.00725 )

4*t*log( 1.00725 ) = log(2)

t = log(2)/( 4*log( 1.00725 ) )

t = 23.9881659971072 The value is approximate

t = 24 when rounding to the nearest full year

It takes approximately 24 years to double your money.


Related Questions

An experimenter conducted a study of the relation of size in a particular species of bird to behavioral displays of dominance. The results for the first four birds observed were as follows:

Bird Size: 14 18 14 10
Bird Behavior: 74 82 74 70

Required:
a. Change the variable names to Bird Size and Bird Behavior
b. Make a scatter plot.
c. Compute the correlation

Answers

Answer:

Scatterplot is attached below

Correlation Coefficient = 0.0973

Step-by-step explanation:

Bird Size: 14 18 14 10

Bird Behavior: 74 82 74 70

The Correlation Coefficient, R = 0.973 ; which gives a very strong positive correlation between variable, x bird size and y, Bird Behavior.

m and n are parallel lines cut by a transversal.
What is the value of x + y?

Answers

Answer:

180°

Step-by-step explanation:

It will be answer ...............

What is the mode of 7 3 3 6 3 7

Answers

Answer:

3

Step-by-step explanation:

3,3,3,6,7,7

the mode is the number the occurs the most and 3 is there 3 times so it is the mode

Answer:

3

Step-by-step explanation:

Since 3 occurs the most in the set of data, it is the mode.

Mode: The mode is the value that appears most frequently in a data set.

I hope this helps! Have a great day! :)

Aaron bought 7 packs of balloons for the party. There were 50 balloons in each bag. 40 of the total number of balloons were yellow. How many balloons were not yellow?

Answers

Answer:

[tex]total \: balloons = (50 \times 7) \\ = 350 \: balloons \\ none \: yellow \: balloons = 350 - 40 \\ = 310 \: none \: yellow \: balloons[/tex]

Answer:

310

Step-by-step explanation:

The equation that we would use to solve this problem is 7 × 50 - 40 = b

(b is the number of non-yellow balloons)

Since Aaron bought 7 packs of balloons with 50 balloons in each pack, we would need to multiply 7 and 50 to find the total amount of balloons that he bought.

7 × 50 = 350.

Now we subtract 40 (the total number of yellow balloons) from 350 (the total number of balloons), to find the amount of balloons that are not yellow.

350 - 40 = 310

No Links/Incorrect Answers = Report
First to get the question correct get's brainliest.

Answers

I calculated this myself, and I got the answer 3/4, but I'm trash at explaining long problems. So here is what I found to help explain it. It's not a link.

"If (p, r) lies on the line y = x + b, then

r = p + b…. (1)

If (2p, 5r) lies on the line y = 2x + b, then

5r = 2(2p) + b

or 5r = 4p + b…. (2)

Subtracting equation (1) from (2), we get

5r - r = 4p + b - p - b

4r = 3p or r/p = 3/4"

Since I don't believe in plagiarism here's the person who is a life saver at explaining things.

(Mohammad Faizan)

PS. I really did try to explain it myself, only to give myself a headache, so please don't be mad and report me. I only wanted to help.

Answer:

a

Step-by-step explanation:

prove that cosA-cos2A+2/3sinA-sin2A=1+cosA/sinA​

Answers

Answer:

I don't know the answer

plss ask some one else

Subract 7x-9 from 2x^2 - 11

Answers

Answer:

2x²–7x–2

Step-by-step explanation:

[tex] = 2 {x}^{2} - 11 - (7x - 9) \\ = 2 {x}^{2} - 7x - 2[/tex]

HELP ME AND GIVE ME THE ANSWER I DONT NEED U TO EXPLAIN ANYTHING JUST HURRY UP

Answers

Answer:

x = 9.1

Step-by-step explanation:

can y’all follow me on ig because i need help with a lot of math problems. they3nvyy.m

Answers

Answer:

Okay, just ask on here maybe

Is pop or country your favorite type of music?

Change This into a neutral question

Answers

I like both but I tend to choose pop! :)

which expression is equal to 45 x 4-7: 4-2?

Answers

Answer:

12

Step-by-step explanation:

if x equals to 6 than

6+6=12

Help plsssssssssssss i have little time left before this is due

Answers

Answer:

(-5, 5)

Step-by-step explanation:

Which equation represents the relationship between X and Y shown in the table?

Answers

Answer:

y= 2x-3

Step-by-step explanation:

to find the slope you use rise over run to get 2. to check to see the correct equation replace x with any of the x values in the chart and if you get the same y values as the chart then your equation is correct.

Construct an equation for the expression: 3 less than 2 times a number is 7. Show the solution to the equation and prove your solution to be true through your work.

Answers

Answer:

5 x 2 -3 = 7

Step-by-step explanation:

i mean.... thats all

a school has 60 girls and 90 boys. the ratio of girls to boys​

Answers

Answer:

60:90

Step-by-step explanation:

The ratio of girls (G) to boys (B) is 2 : 3.

Let the girls be represented by G.Let the boys be represented by B.

Given the following data:

Number of girls = 60 girlsNumber of girls = 90 boys

In this exercise, you're required to find the ratio of girls (G) to boys (B). In order to do this, we would divide the two values to the least.

[tex]G : B = 60 : 90[/tex]

Dividing both sides by 30, we have;

[tex]G : B = \frac{60}{30} : \frac{90}{30} \\\\G : B = 2 : 3[/tex]

Therefore, the ratio of girls (G) to boys (B) is 2 : 3.

Read more: https://brainly.com/question/12212308

pepe the pog pog pog pog pog

Answers

Answer:

c

Step-by-step explanation:

Answer:

B. 10

Step-by-step explanation:

4, 11, 6, 9, 23, 24, 6, 19

4, 6, 6, 9, 11, 19, 23, 24

9 + 11 = 20

20 ÷ 2 = 10

Help please first person to answer it right gets Brainliest

Answers

Answer:

its the first one

Step-by-step explanation:

Please don't give me a wedsite

Answers

Answer:

2/21

Step-by-step explanation:

easy math have fun!!!

Answers

Answer:

A = 12

Step-by-step explanation:

First you need to get the length from the perimeter, the formula is l= p/2 - w

After using the formula, you would get 6 for length. The formula for the area of a rectangle is a = lw, so you would multiply 6 and 2 which would give you 12 as your answer.

I apologize if I made any grammar mistakes or if it is unclear.

Answer:

I got area is 12 too

Step-by-step explanation:

2x2=4 because 2 widths

16-4 to find the 2 lengths added up

12÷2 to find the length

6x2=12 because length times width

how to solve -x^2-2x+1

Answers

Answer:

Common factor

Factor by grouping

Factor by grouping

2

2

+

1

-x^{2}-2x+1

−x2−2x+1

1

(

2

+

2

1

)

{\color{#c92786}{-1(x^{2}+2x-1)}}

−1(x2+2x−1)

Solution−

-1(x²+ 2x-1 )

⅔ x 6/7 ÷ 8/14 help please​

Answers

Answer:

1

Step-by-step explanation:

[tex]\frac{2}{3} *\frac{6}{7}[/tex] ÷ [tex]\frac{8}{14}[/tex]

= [tex]\frac{2}{3} *\frac{6}{7} *\frac{14}{8}[/tex]

=[tex]\frac{2}{3} *\frac{6}{7} *\frac{7}{4}[/tex]

=[tex]\frac{2*6*7}{3*7*4}[/tex]

=[tex]\frac{84}{84}[/tex]

=1

Hi! The answer is 1.

2/3 * 6/7 = 4/7

4/7 / 8/14 = 1

PLEASE HELP ASAP IM GIVING BRAINLIST TO THE BEST ANSWER!

Which of the following equations describes the line shown below? Check all
that apply.

(-2,4)

(-4-8).

A. Y- 8 = 6(x-4)
B. y+ 4 = 6(x-2)
C. y - 4 = 2(x + 2)
D. Y+ 4 = 2(x-2)
E. y. 4 = 6(x + 2)
F. y+ 8 = 6(x+4)

Answers

Answer:

E. y - 4 = 6(x+2) is the answer

slope:

m = -8-4/-4+2 = 6

Formula:

y - ys1 = m(x - xs1)

hope this helps!

Step-by-step explanation:

What is the z score associated with sleeping 503 minutes per night

Answers

Answer:

you need to mutiply zero meana503 neary by 500

In the figure below, EC || AB. Find the length of EC.

Select the best choice from the answers provided.
A.) 12.5
B.) 18
C.) 25
D.) 39.6

Answers

Answer:

Letter a)

Step-by-step explanation:

quizlet

In a psychology class, 60 students have a mean score of 96.9 on a test. Then 19 more students take the test and their mean score is 71.3.

What is the mean score of all of these students together? Round to one decimal place.
Help please, and thank you! C:

Answers

Answer:83.3

Step-by-step explanation:

20 men can complete a piece of work in 24 days how many men should be subtracted to finish the work in 32 days?

Answers

Answer:

5 men should be subtracted.

Step-by-step explanation:

This question is solved by proportions, using a rule of three.

As these measures(number of men needed and time) are inversely proportional, we multiply the lines instead of cross multiplication.

How many men should be working to complete the work in 32 days?

20 men - 24 days

x men - 32 days

Then

[tex]32x = 20*24[/tex]

[tex]x = \frac{20*24}{32}[/tex]

[tex]x = 15[/tex]

How many men should be subtracted?

There are 20 to complete in 24 days.

15 are needed to complete in 32 days.

20 - 15 = 5

5 men should be subtracted.

I’ll give brainliest or whatever it’s called

Answers

I think it’s -3+-5=-8. I’m not for sure though.

someone please help me

Answers

Answer:

the answer is 35 mi

Step-by-step explanation:

28 squared = 784

21 squared = 441

784+441 = 1225

Square root of 1225 is 35

Carson = C

Hanford = H

Ridgewood = R

CR²=CH²+HR² <=>

<=> CR²=28²+21²=1225 <=> CR=√1225=35


A point is chosen at random in the circle.
What percent of the time will the point be in
the square?
Round to the nearest tenth of a percent.
1 in.
[ ? ]%
Enter

Answers

Answer:

78.5%

Step-by-step explanation:

the percent of time the point will land in the square can be determined by dividing the area of the square by the area of the circle

A(circle) = 3.14(1)²

A(circle) = 3.14

A(square) = side squared

if radius of square is 1 inch then each side is 2 inches

A(square) = 2²

A(square) = 4 inches

3.14/4 = 78.5%

HELPP IMA GIVE YOU 15 POINTS
For which data-generating process would a binomial distribution be an appropriate model?

A.flipping a coin to decide whether test subjects should use their left or right hand


B.randomly choosing a letter of the alphabet to pick the first names of test subjects


C.spinning a three-part spinner to decide whether each trial subject should be a child, an adult, or a senior


D.spinning a four-part spinner to decide whether survey customers should be from eastern, southern, midwestern, or western states

Answers

Answer:

A. flipping a coin to decide whether test subjects should use their left or right hand

Step-by-step explanation:

Since a coin has two outputs: heads or tails, it it has a binomial distribution

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