Samuel is going to invest $1,700 and leave it in an account for 16 years. Assuming the
interest is compounded daily, what interest rate, to the nearest tenth of a percent,
would be required in order for Samuel to end up with $3,100?

Answers

Answer 1

Answer:

4%

Step-by-step explanation:

Given data

principal= $1,700

time= 16 years

final amount=  $3,100

Applying the compound interest formula we have

r = (A/P)^1/t - 1

substitute

r=3100/1700^1/16-1

r=1.82^0.0625-1

r=1.038-1

r=0.038

Hence the rate is 0.038*100

=3.8

=4%

Answer 2

Answer: 3.8%

Step-by-step explanation:


Related Questions

ANSWER THIS IN SIMPLEST FORM! GIVING OUT BRAINLIEST TO WHOEVER HELPS ME WITH THIS, TYSM!!! ❤️ 50 POINTS

Answers

1. 4/5
20/25 , simplify by 5

2. 2/3
16/24, simplify by 8

3. 2/3
8/12, simplify by 4

4. 2/5
4/10, simplify by 2

5. 5/12, cannot simplify

6. 11/28, cannot simplify

Tara needs an $8,000 personal loan.

Which loan option would require her to pay back the least amount of money?


36-month loan with a 9% annual simple interest rate

42-month loan with a 7% annual simple interest rate

48-month loan with an 8% annual simple interest rate.

54-month loan with a 6% annual simple interest rate

Answers

The least amount is paid back in a 42-month loan with a 7% annual simple interest rate.

What is simple interest?

The term simple interest refers to a type of interest that is paid only on the principal and not on the interest. We have to note that the time and the interest rate all contribute to increasing the amount of money to be paid back.

In the first case, the amount to be paid back is;

A = $8,000 + ($8,000 * 9 * 3/100)

= $10160

In the second case;

A = $8,000 + ( $8,000 * 7 * 3.5/100)

A =$ 9960

In the third case;

A = $8,000 + ($8,000 * 8 *4/100)

A = $10560

In the fourth case;

A = $8,000 + ($8,000 * 6 * 4.5/100)

A = $10160

Hence, the least amount is paid back in a 42-month loan with a 7% annual simple interest rate.

Learn more about simple interest: https://brainly.com/question/26437826?

Which expressions are equivalent to 74-x-3)? Select two options.
X )? .
0-54x-21
0-72x-713)
63x-21
067x-4
3
071-x)+7(3)

Answers

Answer:

A,E

Step-by-step explanation:

Edge 2021

The expressions that are equivalent to 7(-¾x - 3) are:

A. -5¼x - 21

E. 7(-¾x) -7(3)

What are Equivalent Expressions?

Equivalent expressions are expressions that have the same values when evaluated or simplified.

Given:

7(-¾x - 3)

Open the bracket

7(-¾x) -7(3)

-5¼x - 21

Therefore, the expressions that are equivalent to 7(-¾x - 3) are:

A. -5¼x - 21

E. 7(-¾x) -7(3)

Learn more about equivalent expressions on:

https://brainly.com/question/22365614

What is the perimeter

Answers

Answer:

-2x + 3

Step-by-step explanation:

Perimeter means to add all the sides of the triangle. Simply combine like terms:

(3x) + (2x - 5) + (-7x + 8)

(3x + 2x - 7x) + (-5 + 8)

(5x - 7x) + (8 - 5)

-2x + 3

-2x + 3 is your answer.

~

The coordinates below are the three vertices of a rectangle. Identify the fourth
coordinate and the area of the rectangle.
(4 points
O 07.21.45 units squared
O 12.7).45 units squared
O 07.21.28 units squared
O 12.7). 28 units squared

Answers

Answer:

(7,2)

45 units squared

Step-by-step explanation:

In order for the shape to be a rectangle the last vertex (lets call it D) must be the same vertical distance from C as A is from B (DC=AB), and the same horizontal distance from A as B is from C (AD=BC).

AB=DC=5

    -3+5=2

BC=AD=9

     -2+9=7

Therefore D is (7,2)

We already know the side lengths (5 and 9). Area is length by width. Therefore area = 5x9=45

A boat has a top speed of 26 knots and a displacement of approximately 96000 tons. Express the top speed in miles per hour and the displacement in metric tonnes.

Answers

Answer:

29.92 miles per hour

87,089.76 metric tonnes

Step-by-step explanation:

Given that the top speed is 26 knots, recall that

1 knot = 1.15078 miles per hour

Hence,

26 knots = 26 * 1.15078

= 29.92028 miles per hour

To 2 decimal places

=29.92 miles per hour

Given that the boat has a  displacement of approximately 96000 tons, in metric tonnes...

Recall that

1 ton = 0.907185 metric tonnes

As such,

96000 tons = 0.907185 * 96000

= 87,089.76 metric tonnes

plsss help me solve question 2

Answers

I think it’s 305 ft if I did it right but I could be wrong

Find the solution of the system of equations.
6x – 3y = -30
3x – 6y = 12

Answers

Answer:

Step-by-step explanation:

6x – 3y = -30

3x – 6y = 12

Multiply the top equation by 2 and write the bottom equation under it.

12x - 6y = - 60

3x - 6y =   12        Subtract

9x = - 72                 Divide by 9

x = - 72/9

x = - 8

6x - 3y = - 30

6*-8 - 3y = -30

-48 - 3y = - 30         Add 48 to both sides.

-3y = - 30 + 48

-3y = 18                   Divide by -3

y = -18/-3

y = -6

4. The ratio of the measures of the three angles in a triangle is 7:8:5, what is the
measure of the smallest angle?
Your answer

Answers

Step-by-step explanation:

let the angles be ' 7x, 8x and 5x'

as we know, the sum of all the angles of a triangle is 180 degree, so,

7x + 8x + 5x = 180

20 = 180

x = 180/2

x = 90 degrees

7x = 7 × 90 = 630 degree

8x = 8 × 90 = 720 degrees

5x = 5 × 90 = 540 degrees

therefore, 5x is the smallest degrees

Are the two triangles above similar? Why or why not?

A. Yes, they are similar by the AA similarity postulate.

B. Yes, they are similar by the SAS similarity theorem.

C. No, there is not enough information given to prove similarity.

D. No, right triangles are never similar.

Answers

Answer: I think - D
Hope this helps :))

No, Triangles with one congruent angle are never similar so the correct option is D.

What is similar triangle?

Similar triangles are triangles that have constant form, however their sizes might vary. All equal triangles, squares of any aspect lengths are samples of similar objects. In other words, if 2 triangles are similar, then their corresponding angles are congruent and corresponding sides are in equal proportion.

For AAA similarity postulate; Two triangles are similar if two corresponding angles of them are of same measure. It is because when two pairs of angles are similar, then as the third angle is fixed if two angles are fixed, thus, third angle pair also gets proved to be of same measure.

If the triangles, have only 1 congruent angles , it can not be said similar because for a triangle to be similar , minimum two criteria must be equal .

Hence we can conclude that triangles with one congruent angle are never similar.

To know more about similar triangles , visit:

brainly.com/question/14285697

#SPJ5

solve this indices a²b + a³b / a²b²​

Answers

Step-by-step explanation:

Notice: The literal factors are all the combinations of a and b where the sum of the exponents is 4: a4, a³b, a²b², ab³, b4 ... The solution to the problem of the binomial coefficients without actually ... The upper index n is the exponent of the expansion; the lower index k indicates which term ... 1a5 + a4b + a3b² + a²b3 + ab4 + b5.

Can anyone help me pls

Answers

Answer: likely

Step-by-step explanation:

Likely because dog is 50% of the circle

⅛ ÷ 2




Please help! I need to remember this!

Answers

Answer:

1/16

Step-by-step explanation:

Answer:

[tex]\frac{1}{16}[/tex]

Step-by-step explanation:

For this type of problem, I do KCF (Keep, Change Flip)

⅛ ÷ 2

Keep the fraction (⅛)

Change the sign to a multiplication (×)

Flip the "2" to its reciprocal ([tex]\frac{1}{2}[/tex])

Now we have a new expression

[tex]\frac{1}{8}[/tex] × [tex]\frac{1}{2}[/tex]

Now we multiply from across

The numerator × Numerator

The denominator × denominator

1 × 1 = 1

8 × 2 = 16

Our answer will be....

[tex]\frac{1}{16}[/tex]

Hope this helped!

Have a supercalifragilisticexpialidocious day!

You deposited $125 in a savings account that earns a simple interest rate of
1.75% per year. You earned a total of $8.75 in interest. For how long was your
money in the account?​

Answers

9514 1404 393

Answer:

  4 years

Step-by-step explanation:

Each year, the interest earned is ...

  0.0175 · $125 = $2.1875

Then the time it took to earn $8.75 in interest was ...

  $8.75/(2.1875/year) = 4 years

9 more than 6 times a number? How is it written as?

Answers

Answer:

6x + 9

Step-by-step explanation:

6x + 9 because yes ok


h(x)=4/x-5
What is the domain of h?

Answers

Answer:

domain: (-∞, 5)∪(5, ∞)

domain in interval form: {x|x ≠ 5}

If you randomly select a card from a well-shuffled standard deck of 52 cards, what is the probability that the card you select is a 2 or King?

Answers

Answer:

0.1538

Step-by-step explanation:

There are 8 cards that are either 2s or Ks.

P(2 or K)  = 8/52

P(2 or K) = 0.1538

helppppppppppppppppppppppppppp

Answers

Area of cylinder = 2 pi r h + 2 pi r^2
= 2 * 3.14 * 4 * 12 + 2 * 3.14 * 4^2
= 301.44 + 100.48
Area of cylinder = 401.92 cm^2

Amelia pays $24 to rent a boat at the lake for up to six hours she constructs the inequality and number line below to represent the number of hours X she can use the boat?

Answers

money= how many hours
$4= 1h
$8=2h
$12=3h
$16=4h
$20=5h
$24=6h
l hope that helps :)

Help someone please

Answers

Answer:

a) 2/3

b) 1/9

c) 52/99

d) 2/11

e) 743/999

f) 29/111

Step-by-step explanation:

Take the recurring numbers (numbers after the decimal). If there is one recurring number place it over 9, if there are two then place them over 99, if there are three then place them over 999 etc.

Then simplify (if possible).

a) 6/9 = 2/3

b) 1/9

c) 52/99

d) 18/99=2/11

e) 743/999

f) 261/999=29/111

Help please______________________________

Answers

Answer:

By rounding each number to the nearst whole number, estimate the solution:

2.7²X4.3=31.347

8.8-5.15=3.65

for this 31 and 4 if you want to round

Step-by-step explanation:

Answer:

?????????

Step-by-step explanation:

Sarah bought 4 2/3 pounds of peaches and 2 1/6 pounds of apples. How many more pounds of peaches did she buy than apples?

Answers

2 1/3 pounds is the answer

Question 5
For the following right triangle, find the side length x. Round your answer to the nearest hundredth.
6
11
X

Answers

Step-by-step explanation:

a^2 + b^2 = c^2

a = 6

b = x

c = 11

6^2 + b^2 = 11^2

36 + b^2 = 121

b^2 = 121 - 36

b^2 = 85

Find the square root of both sides.

b = 9.22

Which graph represents y = Two-thirdsx + 3?
On a coordinate plane, a line goes through points (negative 2, 0) and (0, 3).
On a coordinate plane, a line goes through points (0, negative 3) and (4, 0).
On a coordinate plane, a line goes through points (negative 3, 1) and (0, 3).
On a coordinate plane, a line goes through points (0, 3) and (3, 1).

Answers

Answer:

c edge 2021;)

Step-by-step explanation:

Which pair
angles must be supplementary?
21
5
3 4

Answers

4 and 1

Step-by-step explanation:

Supplementary means the angle is 180 degrees so 4 is the only complete obvious 180 degree angle and 1 just cause i know it can't be 5.

Answer:

C. 4 and 5

I hope I was able to help.

solve for e

3 + 8e + 5 = -3e +13 + 10e

Answers

3+8e+5=-3e+13+10e

combine like terms

9+8e=7e+13

subtract 9 from both sides

8e=7e+4

subtract 7e from both sides

e=4

Factor the expression: -x - 6 =

Answers

Answer:

- ( x + 6) I think

-(x+6) I’m sure is it

so far carmella has collected 14 boxes of baseball cards there are 31 cars n each box carmella estimates that she has about 3000 cards so she buys albums that hold 500 cards each

Answers

Answer:

Step-by-step explanation:

zearn.org
MIL
Fraction Problem Solving
Sign out
Hector read of a book in the morning, and he read some more at night. By the end of the day.
he still had of the book left to read. How much of the book did Hector read at night? -)
Solve on paper. Then check your work on Zearn.
1 book
Morning
Left
Night
4
2 / 3
?
Hector read
of the book at night.
Enter ✓

Answers

Hmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm

Ray starts walking to school at a rate of 2 mi/h. Ten minutes later, his
sister runs after him with his lunch, averaging 6 mi/h.b. Solve the system
to determine how much time it took Ray's sister to catch up to him.
Your answer

Answers

Answer:

Ray walks 15 minutes prior to his sister and walk for 5 minutes to catches up

Step-by-step explanation:

The computation of the time taken is as follows:

Let us assume the Ray time be t

So his sister time would be t - 10

Since Ray distance is 2t

So his sister distance is 6(t - 10) = 6t - 60

As the distance is the same

So, the following equation must be made    

2t = 6t - 60

 -4t = -60

t = 15

Therefore Ray walks 15 minutes prior to his sister and walk for 5 minutes to catches up

 

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