5700 dollars is placed in an account with an annual interest rate of 6.5%. To the nearest year, how long will it take for the account value to reach 20900 dollars?

Answers

Answer 1

It will it take 56 years for the account value to reach $20,900.

What is Simple Interest?

This amount is calculated based on the principal amount of a loan or the first deposit in a savings account. Simple interest does not compound, thus, a creditor will only pay interest on the principal amount and a borrower would never have to pay more interest on the previously accumulated interest.

formula for calculating Simple Interest, S.I:

S.I = P * R * T

            100

Where,

S.I =  Simple Interest

P =Pricipal

R = rate ( in percentage)

T= Time

To how long will it take for the account value to reach $20,900

S.I = $20,900

R = 6.5%

P =$ 5,700

T =?

S.I = P * R * T

            100

$20,900 = $ 5,700 * 6.5 * T

                            100

Cross multiplying and Making Time, T  subject of the formula we have:

$20,900 * 100 = $ 5,700 * 6.5 * T

T=   $20,900 * 100

         $ 5,700 * 6.5

T=  56.41

T ≈  56 years

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Related Questions

Graph the quadratic function f(x)= -2x^2-3x+2

Answers

Answer:

it would be the graph with the maximum (opening down) in the first photo with the top on the left side of the y axis

Please help with this math problem if You don’t give me a file link I will mark you brainlist!!
WXYZ is dilated by a scale factor of 3. The length of W'X'Y'Z' is ____
units, and the width is____
units.

Answers

Answer:

18, 12

Step-by-step explanation:

Assuming this is follow-up from the previous question you asked? If not, I apologize for misunderstanding.

Dilation factor by 3 is bigger than 1 = Expansion

Originally 6, 4

6*3 = 18

4*3 = 12

Answer:

18,12

Step-by-step explanation:

W (1, -2), X (7,-2), Y (7,-6), and Z (1, -6).

To dilate the shape, multiply it's coordinates by the scale factor.

W'(3,-6), X'(21,-6), Y'(21,-18), Z(3, -18)

The distance formula: [tex]d=\sqrt{(x_1-x_2)^2+(y_1-y_2)^2}[/tex]

plug W'(3,-6) and X'(21,-6) in to get the length

[tex]\sqrt{(3-21)^2+(-6-(-6))^2}=\sqrt{(-18)^2 +0^2}=\sqrt{324} =18[/tex]

plug X(21,-6) and Y(21,-18) to get the width

[tex]\sqrt{(7-7)^2+(-2-(-6))^2}=\sqrt{0^2 +4^2}=\sqrt{16} =4[/tex]

[tex]\sqrt{(21-21)^2+(-6-(-18))^2}=\sqrt{0^2 +12^2}=\sqrt{144} =12[/tex]

In the problem on the previous page, suppose Alex wanted to know how many weeks it would take him to work 51 hours. Alex works 3 hours a day and 4 days a week.
1. What are you asked to find?



2. What is a good plan for solving the problem?


3. Does your answer make sense? Explain.

Answers

1.  you are asked to find how many weeks it would take Alex to work 51 hours.

2. Alex  works  [tex]3\frac{1}{7}[/tex] weeks.

3. It makes sense in fractional from.

What is fraction?

In mathematics, a fraction is used to denote a portion or component of the whole. It stands for the proportionate pieces of the whole. Numerator and denominator are the two components that make up a fraction.

Alex works 3 hours a day and 4 days a week.

Alex works in a week = ( 3×4) hour = 12 hour

Alex  works = 51 hours = 48 hours + 3 hours = (48/12) weeks + 1 day

= 3 weeks and 1 day.

= [tex]3\frac{1}{7}[/tex] weeks.

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Peter is building a ramp at his home. He wants to build it 11 inches high with aa 60 inch base. How long will the ramp be that Peter is building? Round to the 10ths if needed.​

Answers

Answer:   61 inches

Explanation:

You have a right triangle with legs of 11 and 60. The hypotenuse is unknown.

Use the pythagorean theorem to find the hypotenuse.

[tex]a^2 + b^2 = c^2\\\\11^2 + 60^2 = c^2\\\\121 + 3600 = c^2\\\\3721 = c^2\\\\c^2 = 3721\\\\c = \sqrt{3721}\\\\c = 61\\\\[/tex]

The ramp is exactly 61 inches long.

A strength coach claims that his new regiment will add significant distance to how far his players can hit a baseball. The other coaches decide to test this. They randomly select 33 players to go through his regiment. Before starting, they have each player hit 49 baseballs and record their average distance. The players then go through the strength and conditioning regiment. Afterwards, they again hit 49 baseballs, and record the average distance.
Which of the following would be the most appropriate confidence interval for measuring the average difference in the distance the ball traveled before and after the new regiment?
A. Goodness of Fit interval
B. Two-sample z-interval for proportions
C. Paired t-interval for means
D. Two-sample t-interval for means
E. One-sample z-interval for proportions

Answers

Answer:

C. Paired t-interval for means

Step-by-step explanation:

The answer to this question is the paired t interval for means. The reason is because both of these events are independent. One of the event starts as the other event gets to it's completion. The population standard deviation is not also not known. This makes the paired t interval for means more suitable

Raj was getting a 5% commission, but now he's getting 6.5%. How much more money will he make on $24,000 of sales than on his old commission?

Answers

If Raj was getting a 5% commission, he would make 24000 * 5% = $<<240005.01=1200>>1200 on $24,000 of sales.

If he is now getting a 6.5% commission, he will make 24000 * 6.5% = $<<240006.5.01=1560>>1560 on $24,000 of sales.

Thus, Raj will make 1560 - 1200 = $<<1560-1200=360>>360 more on $24,000 of sales with his new commission rate of 6.5% than he did with his old commission rate of 5%.

Two numbers are in the ratio 5 : 7. If they differ by 18 then, find the numbers.

Answers

Answer:

45 and 63

Step-by-step explanation:

7x-5x=18

2x=18

2 2

x=9

7(9)=63

5(9)=45

A doctor gives 10 patients Drug A and 10 patients Drug B and records the differences. Is this an observation, survey, experiment, or simulation?

Answers

The given drug experiment is an example of observation.

What are the types of statistical studies worksheet?

There are three major types of statistical studies :

observational studiessurveysexperiments.

Given is that a doctor gives 10 patients Drug A and 10 patients Drug B and records the differences.

Giving 10 patients Drug A and 10 patients Drug B and then recording the differences is an example of observation.

Therefore, the given drug experiment is an example of observation.

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After a history test with 20 questions, the teacher asks his students to write down the number of the questions that was the most difficult. He then asks a couple of his students to organize this data and inform the class on the results. Here are their results: then the students calculate the median and find it to be 4. Which of the following sentences best describes their teachers response to this report

Answers

Answer:

i think it would be d

Step-by-step explanation:

the median is just the middle of the numbers, it doesnt say which is the hardest question though

hope this helps.

Yup. D
Median does not tell which one was the hardest. That would be mode

Reduce 17/5 to It lowest term

Answers

Answer:

17/5

It is already simplified to lowest terms.

This number, as a mixed fraction, would look like this:

3 2/5.

I need help with this question ASAP please.

Answers

[tex]arc \ length = 2\pi r \frac{\theta}{360} = \\\\[/tex][tex]2 \pi *9 * \frac{135}{360} =21.205[/tex]

[tex]\frac{3\pi }{4} =\frac{3*180}{4}=135[/tex]

please help me this would make my day ^^

Ray YW bisects ∠XYZ such that m∠XYW = (3x−7)° and m∠WYZ=(2x+1)°.
Find the value of x.

Answers

3x-7=2x+1
-2x -2x
x-7=1
+7 +7
x=8

The prism below is made of cubes which measure 1/3 of an inch on one side what is the volume

Answers

Answer:

Volume of rectangular prism = 10/9 inch³

Step-by-step explanation:

Given:

Size of each cube = 1/3 inch

Find:

Volume of rectangular prism

Computation:

Length of rectangular prism = 2 x [1/3]

Length of rectangular prism = 2/3 inch

Width of rectangular prism = 3 x [1/3]

Width of rectangular prism = 3/3

Width of rectangular prism = 1 inch

Height of rectangular prism = 5 x [1/3]

Height of rectangular prism = 5/3 inch

Volume of rectangular prism = Length x Width X Height

Volume of rectangular prism = [2/3] x [1] x [5/3]

Volume of rectangular prism = 10/9 inch³

A study of tutoring services at a community college shows a strong positive association between time spent in the math lab (in hours) and math exam average (as a percent). Is the following statement valid or invalid?

a. Students who spend more time in the math lab tend to have higher exam averages.
b. The tutoring services in the math lab are improving student performance on math exams.
c. To improve student performance in math classes, the college should require students to attend the math lab.

Answers

Answer:

A. Invalid

B. Valid

C. Valid.

Step-by-step explanation: A valid statement or argument is one in which the premise correlates with the conclusion.

It means that if all the premises are true then the conclusions from such premises must also be true. In the above statement, the first conclusion is invalid as it's conclusion does not correlates with its premise when considering the argument. Both conclusions B and C are valid as they correlates with their respective premises when considering the argument or statement made.

15 x 109 is how many times greater than 5 x 103?
Enter the answer using scientific notation

Answers

The number of times 5×10³ greater than 15×10⁹ is 3×10⁶.

What is scientific notation?

Scientific notation is a method for expressing a given quantity as a number having significant digits necessary for a specified degree of accuracy, multiplied by 10 to the appropriate power such as 1.56×10⁷.

Given that, 15×10⁹ and 5×10³.

Number of times 5×10³ greater than 15×10⁹ is

Now, 15×10⁹/5×10³

= 3×10⁶

Therefore, 3×10⁶ times 5×10³ greater than 15×10⁹.

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find the L.C.M of 10,12,15 by division method​

Answers

Answer:

Step-by-step explanation:

The LCM of 10,12,15 is 2 ⋅ 2 ⋅ 3 ⋅ 5 = 60 .

I need help with this ASAP

Answers

Given:

Radius of the circle = 6 inches

Central angle = 75 degrees.

To find:

The length of subtended arc, i.e., x.

Solution:

The formula for arc length is:

[tex]s=2\pi r\times \dfrac{\theta}{360^\circ}[/tex]

Where, r is the radius and [tex]\theta [/tex] is the central angle.

Putting [tex]s=x, r=6, \pi=3.14, \theta =75^\circ[/tex] in the above formula, we get

[tex]x=2(3.14)(6)\times \dfrac{75^\circ}{360^\circ}[/tex]

[tex]x=2(3.14)(6)\times \dfrac{5}{24}[/tex]

[tex]x=7.85[/tex]

[tex]x\approx 7.9[/tex]

Therefore, the value of x is 7.9 inches.

Answer:Radius of the circle = 6 inchesCentral angle = 75 degrees.

Step-by-step explanation:

what is the value of
sin^-1(0.4182) =

Answers

Answer:

degree 24.7

Radian 0.43

Step-by-step explanation:

answer fast and correct pls

Answers

Answer:

A

Step-by-step explanation:

What is the lateral surface area, in square inches, of the figure formed by the net?

Answers

Answer:

71 in²

Step-by-step explanation:

surface area = (4×6)+(2×½×4×5)+(2×½×6×4.5)

= 24+20+27 = 71 in²

find the volume of the figure of each figure

Answers

Answer

1/2

Step-by-step explanation:

b) 6q + 4-q + 5 simplify​

Answers

Answer:

5q + 9

Hope that helps! :)

-Aphrodite

Step-by-step explanation:

whitch lines are perpendicular??​

Answers

Answer:

A

Step-by-step explanation:

multiple lines meeting at 90 degrees. hope this helped

The right answer is A

Latoya's Coffee Shop makes a blend that is a mixture of coffee types A and B. In one bag of the blend, there are 6 kilograms of type A. Four bags of the blend are a total of 36 kilograms. How many kilograms of type B are there in one bag?

Answers

The Kilograms of type B that are in one bag of the Latoya's Coffee shop blend would be = 3kg

What is a mixture?

A mixture is defined as the combination of two or more components which can or cannot be separated by ordinary methods.

The coffee blend of LaToya shop = Type A and B

A bag of the coffee blend = 6kg of Type A.

4 bags of coffee blend = 36kg

Therefore 4 bags of coffee blend contains = 6 see×4 = 24 kg of Type A

Type B in each bag = 36 - 24 = 12/4 = 3kg.

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A group of 30 people, 12 females and 18 males, are electing 5 representatives.
a. How many ways can the 5 representatives be chosen from the group?


b. How many ways can the 5 representatives be 2 males and 3 females?

c. What is the probability that the representatives end up being 2 males and 3 females if they are randomly selected? Enter your answer as a decimal rounded to the nearest thousandth. (3 decimal places).

Answers

Answer:

Total number  = 30Number of females = 12Number of males = 18

a) Combination of 5 out of 30:

30C5 = 30!/[5!*(30 - 5)!] = 142506

b) Combination of 2 males:

18C2 = 18!/[2!*(18 - 2)!] = 153

Combination of 3 females:

12C3 = 12!/[3!*(12 - 3)!] = 220

The number of ways with 2 males and 3 females:

153*220 = 33660

c) Required probability is:

P(2 males and 3 females) = 33660 / 142506 = 0.236

Which value of x makes the expression equal.
5x, 7x - 6

Answers

Answer: x=3

Step-by-step explanation:

5x=7x-6

6+5x=7x

6=7x-5x

6=2x

solve for x which x=3

Answer:

x = 3

Step-by-step explanation:

Set the equations equal to each other:

5x = 7x - 6

Isolate the variable, x. Note the equal sign, what you do to one side, you do to the other. Do the opposite of PEMDAS. PEMDAS is the order of operations, and stands for:

Parenthesis

Exponents (& Roots)

Multiplications

Division

Addition

Subtraction

~

Subtract 7x from both sides of the equation:

[tex]5x (-7x) = 7x (-7x) - 6\\5x -7x = -6\\-2x = -6[/tex]

Next, divide -2 from both sides of the equation:

[tex]\frac{-2x}{-2} = \frac{-6}{-2}\\ x = \frac{-6}{-2}[/tex]

*Remember that, when you divide two negative numbers, your answer will be positive:

[tex]x = \frac{-6}{-2} = 3[/tex]

3 is your answer for x.

x = 3.

~

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Let f(x) = x ^ 3 - x ^ 2 - 5x - 3 and g(x) = x + 3 3. Find (f/g)(x) . a .) x ^ 2 - 4x + 7R - 24
b .) x ^ 2 - 4x + 7
C.) x ^ 2 - 4x - 7R - 24
d.) x ^ 2 - 4x + 7x

Answers

Answer:

[tex](\frac{f}{g})(x) = \frac{\left(x+1\right)^2\left(x-3\right)}{x + 3}[/tex]

Step-by-step explanation:

The question is not properly formatted.

Given

[tex]f(x) = x^3 - x^2 - 5x - 3[/tex]

[tex]g(x) =x + 3[/tex]

Required

[tex](\frac{f}{g})(x)[/tex]

This is calculated as:

[tex](\frac{f}{g})(x) = \frac{f(x)}{g(x)}[/tex]

So, we have:

[tex](\frac{f}{g})(x) = \frac{x^3 - x^2 - 5x - 3}{x + 3}[/tex]

Factorize the numerator: using a calculator

[tex](\frac{f}{g})(x) = \frac{\left(x+1\right)^2\left(x-3\right)}{x + 3}[/tex]

Find the missing side round to nearest 10th

Answers

Answer:

x = 73.3

y = 46.2

Step-by-step explanation:

Reference angle (θ) = 39°

Adjacent = 57

Hypotenuse = x

Opposite = y

Recall: SOHCAHTOA

✔️To find x, apply CAH:

Cos θ = Adjacent/Hypotenuse

Plug in the values

Cos 39° = 57/x

x × Cos 39° = 57

x = 57/Cos 39°

x = 73.3 (nearest tenth)

✔️To find x, apply TOA:

Tan θ = Opposite/Adjacent

Plug in the values

Tan 39° = y/57

57 × Tan 39° = y

y = 46.2 (nearest tenth)

Ben has 50 toys. 15 of them are new and 9 are his favorites; 2 are new and favorites.
Ben is giving away all the toys that are neither new nor favorites. How many toys
does Ben give away?

Answers

Answer:

  28 toys

Step-by-step explanation:

Ben has 50 toys, of which 15 are new, 9 are favorites, and 2 are new and favorites. You want to know the number that are neither new nor favorite.

Groupings

The number of new toys includes (new and favorite) and (new and not favorite). That is ...

  15 = 2 + new and not favorite

So ...

  new and not favorite = 15 -2 = 13

Likewise, the number of favorite toys includes (new and favorite) and (not new and favorite). That is ...

  9 = 2 + not new and favorite

  not new and favorite = 9 -2 = 7

Donated

The total of 50 toys includes ...

  total = (new and favorite) + (new and not favorite) + (not new and favorite) + (not new and not favorite)

  50 = 2 + 13 + 7 + (not new and not favorite)

Then the number of (not new and not favorite) is ...

  not new and not favorite = 50 -2 -13 -7 = 28

These are the toys that Ben gives away.

Ben gives away 28 toys.

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The six departments of a company consisting of 22, 32, 18, 16, 10, and 12 employees have an equal monthly salary of P7200, P7600, P6900, P8200, P7800 and P7400 respectively. What is the mean monthly salary of all the employees of the company?

Answers

The average monthly wage for the entire workforce of the business is $7489.09.

What is Mean?

The mathematical average of a group of two or more numbers is called the mean. There are two different sorts of means that can be calculated: the arithmetic mean and the geometric mean. The arithmetic mean is calculated by adding all of the numbers in a set and dividing by the total number of integers in the set.

Given, The six departments of a company consisting of 22, 32, 18, 16, 10, and 12 employees have equal monthly salaries of $7200, $7600, $6900, $8200, $7800, and $7400 respectively.

First, calculate the total monthly salary

22*7200 + 32*7600 + 18*6900 + 16*8200 + 10*7800 + 12*7200  dollars.

Total monthly salary = $823,800

Then divide this sum by the total number of employees  

 22 + 32 + 18 + 16 + 10 + 12

Total number of employees = 110

the mean monthly salary of all the employees  = [tex]\frac{Total salary}{total number of employee}[/tex]

the mean monthly salary of all the employees  = 823800/ 110

the mean monthly salary of all the employees = 7489.0909

Therefore, the mean monthly salary of all the employees of the company is $7489.09.

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