If you deposit $5000 into an account paying 8.25% annual interest compounded
semiannually, how long until there is $9350 in the account?

Answers

Answer 1

Answer:

2 t

2 t

2 t

2 t

0.0825 9350 5000 1

2

9350 5000(1.04125)

1.87 1.04125

log(1.87) log(1.04125 )

log1.87 (2t)(log1.04125)

log1.87 2t

log1.04125

15.48512579 2t

t 7.7

Step-by-step explanation:

the answer is 7.7

Answer 2

there will be $9350 in the account after 7 years and 9 months.

What is compound interest?

The interest earned on savings that are computed using both the original principal and the interest accrued over time is known as compound interest. A = P(1 + r/n)^nt, where P is the principal balance, r is the interest rate, n is the number of times interest is compounded annually, and t is the number of years, is the formula for compound interest.

Given, If you deposit $5000 into an account paying 8.25% annual interest compounded semiannually.

To calculate time until there is $9350 in the account.

So,

From the general formula of Compound interest:

A = P(1 + r/n)^nt,

where P is the principal balance,

r is the interest rate,

n is the number of times interest is compounded annually,

and t is the number of years,

In our case,

A = 9350

p = 5000

r = 8.25

n = 2

Thus,

9350 = 5000(1 + 8.25/2%)^2*t

(1 + 8.25/2%)^2*t = 9350/5000

t = 7 years 9 months

Therefore, there will be $9350 in the account after 7 years and 9 months.

Learn more about compound interest here:

https://brainly.com/question/29335425

#SPJ6


Related Questions

A pair of shoes is on sale for 80% of the original price. The sale prive is $60. What was the original price?

Answers

Answer:

75

Step-by-step explanation:

You will set the equation up as part/whole = percent/100 and when you replace it with your numbers you get 60/x = 80/100 now you cross multiply and do 60*100 = 80 * x and you get 6,000 = 80x now you divide both sides by 80 then you get 75 was the original price

Write the phrase as a numerical or algebraic expression:
3 added to n

Answers

The expression will be 3 + n
3+n is the right answer

Which expression is equivalent to 4/5x+ 1 1/5

Answers

Answer:

Easy

Step-by-step explanation:

2

Answer:

2/5 (2x+3)

Step-by-step explanation:

no need to thank me

he tallest tree in the forest is 55 feet. How many inches tall is the tree?

Answers

Answer:

Step-by-step explanation:

660 inches

the tree is 660 inches tall. thx for points

Evaluate the function
Find g(10) if g(x) = 10x – 8

Answers

Answer:

g(10)=92

Step-by-step explanation:

g(x)=10x-8

To find g(10), substitute x with 10

g(10)=10(10)-8

g(10)=100-8

g(10)=92

I hope this helps!

Will give Brain please help!!

Answers

Answer:

Yes these are similar

Step-by-step explanation:

Yes they both are similar !!!!!

2. Find the midpoint of PQ.

Answers

Answer:

c) (-2, -1)

Step-by-step explanation:

to find the midpoint of a line, u have to average its coordinates.

Coordinates of P = (2,6)

Coordinates of Q = (-6, -8)

The formula for finding the midpoint is this:

[tex](\frac{x_{1}+x_{2} }{2}, \frac{y_{1}+y_{2} }{2 } )[/tex]

this basically means u average the points. So for the midpoint's x coordinate, it'll be (2-6)/2 = (-4)/2 = -2

midpoint's y coordinate = (6-8)/2 = (-2)/2 = -1

Therefore, the coordinates of the midpoint are (-2, -1), option c

hope this helps!

Answer:

C

Step-by-step explanation:

Remark

Just eye balling the answer it looks to me like the midpoint is (-2,-1). Of course Eyeballing it is not the way to do math, but it tells you where it is approximately.

Given Points

P: (2,6)

Q: (-6,-8)

Solution

midpoint = (x1 + x2)/2, (y1 + y2)/2

midpoint = (2 + - 6)/2, (6 - 8)/2

midpoint = (-4/2, -2/2)

midpoint = (-2,-1)

The value of y varies directly with x. When y = 75, X = 3. What is the value of y when * is is 21​

Answers

Answer:

7

Step-by-step explanation:

21 / 3 = 7

I hope this helps u! :D

Find each difference. If you get stuck, consider drawing a number line diagram.

9 − 4

4 − 9

9 − ( - 4 )

- 9 − ( - 4 )

- 9 − 4

4 − ( - 9 )

- 4 − ( - 9 )

- 4 − 9

Answers

1)5
2)-5
3) 13
4)-5
5)-13
6)13
7)5
8)-13

Only one answer is correct help

Answers

Answer:

9/8 - 2/3 = 11/24

C is the correct answer.

Let me know if this helps!

c is correct ! did this help

−3x+2−5x−7=4x+2
please help

Answers

x = -0.583 (continuing) or -7/12

Answer:

x= -7/12

Step-by-step explanation:

Subtract the numbers

-3x+2-5x-7=4x+2

-3x-5-5x=4x+2

Combine like terms

-3x-5-5x=4x+2

-8x-5=4x+2

Add 5 to both sides of the equation

-8x-5=4x+2

-8x-5+5=4x+2+5

he figure is rotated counterclockwise. Which rotation could have taken place?
a 45° rotation
a 90° rotation
a 135° rotation
a 225° rotation

Answers

Answer:

a 90° rotation

I'm not sure about answer...

Please help will give brainliest

Answers

Answer:

sorry bro i dont know

Step-by-step explanation:

Answer:

sin A = 3 over 5; 3/5

cos A = 4 over 5; 4/5

tan A = 3 over 4; 3/4

Step-by-step explanation:

Solve for x. Do not type degree symbol or any spaces
in your answer.
85
40°
X

Answers

145 cause 40+85+90 equals 215 n then subtract that from 360

Nineteen less than 6 times a number is the same as 16 more than the number. The equation is The solution is x -7 7.​

Answers

Answer:

The number is 7

Step-by-step explanation:

let the said number be x

Nineteeen less than 6 times a number;

6x - 19

equals; 16 more than the number; this is 16 + x

Thus;

6x - 19 = 16 + x

6x-x = 16 + 19

5x = 35

x = 35/5

x = 7

please solve ILL MARK YOU BRAINIEST!!!!!!!

Answers

Answer:

14. 4 + x - 2

15. 8k - 3k

16. 5 + 2y + 15

Step-by-step explanation:

14. "sum" means adding, "minus" means subtract

sum of four and x: 4 + x

minus two: 4 + x - 2

15. "product" means multiplying, "decreased by" means subtract, "times" means multiply

the product of k and 8: 8k

three times k: 3k

the product of k and 8 decreased by three times k: 8k - 3k

(Depending on what the question is asking, you may or may not need to simplify this to 5k (8k - 3k = 5k))

16. "more" means add, "plus" means add, "twice" means multiply by two

five: 5

plus twice y:  5 + 2y

fifteen more: 5 + 2y + 15

What are quadratic roots

Answers

this may help, a quadratic equation is any equation that can be rearranged in standard form as ax^{2}+bx+c=0 where x represents an unknown, and a, b, and c represent known numbers, where a ≠ 0. If a = 0, then the equation is linear, not quadratic, as there is no ax^2 term.
here’s an example

Please help.17 Points

Answers

Answer:

9738.2

Step-by-step explanation:

cus I'm right 84920021

(-3)^2 = 9
9^2 = 81

or you can do it ((-3)^2)^2 = (-3)^4 = 81

Pls help me!!!!

1760 yd= mi

Answers

Answer:

1

Step-by-step explanation:

there are 1760 yards in a mile

1760 yards is equal to 1 mile

find the zeros of p(x)= (x-3)(x+3)(2x+1) HELP PLEAEE

Answers

Answer:

3, -3, -1/2

Step-by-step explanation:

There is no need to distribute, just set each parenthesis to equal to zero.

p(x)= (x-3)(x+3)(2x+1)

         X-3=0                     x+3=0                      2X+1=0

           +3  +3                     -3  -3                           -1  -1

             X=3                        X=-3                          2x=-1

                                                                                x=-1/2

So your answers are 3, -3, -1/2

how would I solve this ​

Answers

Answer:

x=12

Step-by-step explanation:

subtract each side by five since it is the inverce oporation

X=12 hope this helps

If a = -2, then what is the value of -2a+ 3?


and

If y = 3, what is the value of -3y - 1?

Answers

Step-by-step explanation:

1) 7

2) -4

hope this helps

correct answer gets brainliest +25 points

Answers

Answer:

The awner is C

Step-by-step explanation:

Have a great day!

Answer:

2) Net A with 480 square inches

If I'm wrong just delete my answer.

is this a positive linear, negative linear no association or non-linear. ​

Answers

Answer:

Positive linear.

Step-by-step explanation:

The points are gradually rising as x increases.

Urgent help on math plz

Answers

Answer:

x = 14

Step-by-step explanation:

First, organize your work by showing that lines are similar

Line KV is similar to line RV

Line UV is similar to line LV

etc, etc.

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

Now notice that line KV and line RV have the numbers 9 and 18 accordingly

and notice that it's an x2 difference.

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

Now apply the same thing to line UV and LV and divide 26 by 2

That gets us 13

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

Now plug 13 into the equation (2x - 15)

2x - 15 = 13

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

Now solve for X

2x - 15 = 13

Add 15 to each side

2x − 15 + 15 =13 + 15

2x = 28

Divide both sides by 2

2x / 2 = 28 / 2

x = 14

*EXTRA POINTS* Identify each pair of angles as-----
vertical, supplementary, corresponding, alternate interior, alternate exterior, or consecutive (same-side) interior:

Answers

Answer:

7 alternate interior

8 vertical angles

9 corresponding

Step-by-step explanation:

Answer:

sorry i don't rlly know

Step-by-step explanation:

HELPPPP PLEASE MATHS QUESTION

USE SOH CAH TOA

Answers

Answer:

5.6cm

Step-by-step explanation:

cos(62) = a÷ 12

rearrange: a= cos(62) X 12

= 5.633658....cm

= 5.6cm (1dp)

fill in the table using the function rules

Answers

1. 25
2. 22
3. 19
4.16
1 = 25 2=22 3=19 4=16

I provided a photo of the work. You have to plug-in the numbers into the x. (View photo as reference)

A tax is a restaurant charge based on a percentage of each meal price. The expression shown represents the tax on a meal price,p. 0.06p create an expression, in terms of p, to represent the total amount the restaurant charges for a meal, including tax PLEASE HELP

Answers

Answer:

56=90=21

Step-by-step explanation:

Will give brainliest!

The discriminant of a quadratic is 40. How many solutions does the quadratic have?

Answers

Answer:

it means that the roots of the quadratic equation is real and distinct and that means that 40 is a positive value

Other Questions
Which two processes are most likely to contribute to global climate change?Answer choices A) Agriculture and mining B ) Deforestation and fossil fuel burning C ) Fossil fuel burning and agriculture D ) Sedimentation and deforestation What natural system purifies water?A-carbon filtrationB-sewage treatment plant C-particles precipitate out in oceans and lakes D- the water cycle a factory can fill 25 containers of pizza every minute. All of the containers are the same size. How many minutes will it take the machine to fill 900 container? You spin the spinner once.What is P(greater than 6)? ii) During burning, elements in the coal areconverted to compounds called ???? how to do more scaled copies for middle school 7th grade What is the perimeter of the rectangle?18 m31 mmeters Please find the Best Word Provided for this Definition: 10 PTSBritish colony of the gulf of Guinea in West Africa, became Ghana, Gold was literally in the soil, founded 1821. Georgia works at the frozen yogurt shop. She is able to scoop frozen yogurt into perfectly round scoops thahave a radius of 6cm. If Mary buys a single scoop of frozen yogurt in a cup. How much yogurt Will GeorgiaMary?senere make a list of factors affecting temperature The points (3, 9) and (3, 9) are plotted on the coordinate plane using the equation y = a x. What is the value of a? Enter your answer in the box. The Short Answer:Earth's tilted axis causes the seasons. Throughout the year, differentparts of Earth receive the Sun's most direct rays. So, when the NorthPole tilts toward the Sun, it's summer in the Northern Hemisphere. Andwhen the South Pole tilts toward the Sun, it's qvinter in the NorthernHemisphere.1. What direction is the Earth tilted in the summer here inBuffalo?a) towards the Sunb) away from the Sun23.5 What did the Sepoy Mutiny show to the British government?A. that regulations for factory workers needed to be enforcedB. that the East India Company could no longer control IndiaC. that the caste system had to be abolishedD. that India needed to become self governing Which function is best represented by this graph? Solve for r.7(r + 1) = 20.3 2. Los alumnos llevenuniforme. In encounters with Julie jones how do Jamie feelings change over the course of the story What are terrible things?Just tell me what that means to u pls Giving brainliest for the right answer so pls help me! Assume that the risk-free rate of interest is 3% and the expected rate of return on the market is 14%. I am buying a firm with an expected perpetual cash flow of $1,000 but am unsure of its risk. If I think the beta of the firm is 0.9, when in fact the beta is really 1.8, how much more will I offer for the firm than it is truly worth