3) Suppose you deposit $10,000 in a savings account that pays interest at an annual rate of 5%
compounded quarterly. How many years will it take for the balance in your savings account to reach
$12,000?

Answers

Answer 1

9514 1404 393

Answer:

  3.67 years

Step-by-step explanation:

The amount is found using the compound interest formula.

  A = P(1 +r/n)^(nt)

for principal P invested at annual rate r compounded n times per year for t years.

We can solve this for t:

  A/P = (1 +r/n)^(nt) . . . . divide by P

  log(A/P) = (nt)log(1 +r/n) . . . . take the logarithm

  t = log(A/P)/(n·log(1 +r/n)) . . . . divide by the coefficient of t

Filling in the given values, we find ...

  t = log(12000/10000)/(4·log(1 +0.05/4)) ≈ 3.6692

It will take about 3.67 years for the balance to reach $12,000.

Answer 2

Answer:

the answer is 3.67 years


Related Questions

The three angles of triangle are in
the ratio 2:3:5. Calculate the size of
the smallest angle.
A. 90°
B.549
C.36
D. 30°
E. 20°
AN
D
♡​

Answers

Answer:

E I think

..........hope this helps

Select the correct answer from each drop-down menu.
A cylinder has a diameter of 10 units.
Its radius is
units. If its height is twice its radius, its height is
units. Its volume is about
cubic units

Answers

Radius = 5 units
Height = 10 units
Volume = 785.4 units

Answer:

1st blank: 5

2nd blank: 10

3rd blank: 785

Step-by-step explanation:

the radius of a circle or the base/top of a cylinder is measured from the center to the side of the face, where as the diameter is measured from side to side through the middle, so the diameter will always be twice the radius of the same circle, meaning if the diameter is 10 units, then the radius will be half that, 5 units, then all we do is double the radius like the question says to get the height (NOTE this is NOT part of any formula for finding any dimensions for any shape and is specific to this question) then all we do to find the volume is use the formula below

V = (pi) (r^2) h

plug the radius or 'r' in as well as height or 'h' in the equation and solve

PLEASE NOTE: the question is asking for an APROXAMATE so your answer should be close to one of the drop down options by about >1 integer, but will not be exact

algebra 2

Can you help me pls

Answers

Answer:

ln25 = 3.219

ln50 = 3.912

ln22.3 = 3.105

lne^3 = 3lne = 3

ln0.45 = -0.799

Step-by-step explanation:

Calculator

Mike did so well with his bike sale, he's going to Discount his helmets 15% off. If the Sale Price is $23.80, find the ORIGINAL PRICE of a helmet.

Answers

Answer:

$3.57

Step-by-step explanation:

Multiply $23.80 by %15

Change %15 to a decimal by multiplying it by 100.

0.15 x $23.80= $3.57

9. A space probe near Neptune communicates with Earth using bit strings. Suppose that in its transmissions it sends a 1 one-third of the time and a 0 two-thirds of the time. When a 0 is sent, the probability that it is received correctly is 0.9, and the probability that it is received incorrectly (as a 1) is 0.1. When a 1 is sent, the probability that it is received correctly is 0.8, and the probability that it is received incorrectly (as a 0) is 0.2. (a) Find the probability that a 0 is received. (b) Use Bayes theorem to find the probability that a 0 was transmitted, given that a 0 was received.

Answers

Answer:

a) 0.6667 = 66.67% probability that a 0 is received.

b) 0.9 = 90% probability that a 0 was transmitted, given that a 0 was received.

Step-by-step explanation:

Bayes Theorem:

Two events, A and B.

[tex]P(B|A) = \frac{P(B)*P(A|B)}{P(A)}[/tex]

In which P(B|A) is the probability of B happening when A has happened and P(A|B) is the probability of A happening when B has happened.

(a) Find the probability that a 0 is received.

0.9 of 2/3(0 received when a 0 is sent).

0.2 of 1/3(0 received when a 1 is sent). So

[tex]p = \frac{0.9*2}{3} + \frac{0.2*1}{3} = 0.6667[/tex]

0.6667 = 66.67% probability that a 0 is received.

(b) Use Bayes theorem to find the probability that a 0 was transmitted, given that a 0 was received.

Event A: 0 received

Event B: 0 transmitted.

0.6667 = 66.67% probability that a 0 is received, which means that [tex]P(A) = 0.6667[/tex]

A zero is transmitted two-thirds of time, which means that [tex]P(B) = 0.6667[/tex]

When a 0 is sent, the probability that it is received correctly is 0.9, which means that [tex]P(B|A) = 0.9[/tex]

So

[tex]P(B|A) = \frac{P(B)*P(A|B)}{P(A)} = \frac{0.6667*0.9}{0.6667} = 0.9[/tex]

0.9 = 90% probability that a 0 was transmitted, given that a 0 was received.

someone please help me answer this!!

Answers

Answer:

0.55x10= 5.50

Step-by-step explanation:

Please help me quick​

Answers

Answer: 20 inches

Step-by-step explanation:

using pythagorean theorem according to which  hypotebous ^2=altitude ^2+base^2

c^2=a^2+b^2

c^=(12)^2+(16)^2

c^2=144+256

c^2=400

c=20

This graph is the parent function of quadratic functions
True or false

Answers

true the graph is the parent function of quadratic functions

Need some help with geometry not very good at it.


Can I have some help please?

Answers

Answer:

your answer will be A. 12/24

Step-by-step explanation:

XZ=12+12=24

COSX=12/24

hope this helps you...

Select all the statements that are true

Answers

Answer:

Options 2, 4 and 6 are True.

Step-by-step explanation:

Triangle MNO is dilated by a scale factor of [tex]\frac{3}{2}[/tex] centered at M(0, 6).

Rule to be followed to dilate the vertices of the given triangle,

(x, y) → (kx, ky)

Here, k = scale factor

By this rule vertices of the new triangle M'N'O' will be,

M(0, 6) → M'(0, 6) [Coordinates of M' will remain same as M because center of dilation is point M]

N(-4, -4) → N'(-6, -6)

O(6, -2) → O'(9, -3)

Option 1

M'N' is shorter than MN

Distance between M and N = [tex]\sqrt{(0+4)^2+(6+4)^2}[/tex]

                                              = 10.77

Distance between M' and N' = [tex]\sqrt{(0+6)^2+(6+6)^2}[/tex]

                                                = 13.42

Therefore M'N' > MN

Therefore, Option A is False.

Option 2

ON is shorter than O'N'

True.

Option 3

OM is longer than O'M'

False

Option 4

ON is parallel to O'N'

Since OM and MN are dilated with the same scale factor, O'N' will be parallel to ON.

True.

Option 5

OM is parallel than O'M'

Since, O'M' is the dilated form of OM,

Therefore, all the points (O, M and M') will be in a straight line.

False

Option 6

M'N' coincide with MN

True.

Therefore, Options 2, 4 and 6 are True.

What is 985 + 700 + 75 + 10 + 200 - 110?

Answers

Answer: 1460

Step-by-step explanation: I put it in a calculator.

Help rn ahhhh please

Answers

Answer:

117π or 367.56634047

Step-by-step explanation:

Volume = π × r² × h          (r=radius and h=height)

Volume = π × 4² × 13

Volume = π × 9 × 13

Volume = π × 117

Volume = 117π

Which graph could represent a function f(x) = log(x + b) where b < 0?

Answers

Answer:

I think that the answer would be B .

Hope it helps . ♡

Games at the carnival cost $3 each. The prizes awarded to winner cost $145.65. How many games must be played to make at least $50?

Answers

Answer:About 17 games

Step-by-step explanation:

$50 divided by $3 is about 17 games

Please help! Answer and explanation please!

Answers

Answer:

12

Step-by-step explanation:

Since we can infer that those lines are the same length...

5x-15 = 3x+9

2x -15 = 9

2x = 24

x = 12

PLEASE PLEASE HELP!! A ferris wheel with a radius of 38 feet rotates at a rate of 8 revolutions per minute. The height above the ground of the carriage labeled C below is a function of time, t, in minutes

Answers

Is this the whole question

Which statement best describes the point (2,-5)
A.5 units to the left and 2 units up from the origin
B. 5 units to the right and 2 units up from the origin
C. 2 units from the left and 5 units down from the origin
D. 2 units to the right and 5 units down from the origin
HELPPPPPP!!!!!!!

Answers

I believe your answer would be C. Hope this helped!

Can someone please help i would really appreciate it

Answers

Answer:

[0, -7, 1]

[0, 3, 4]

How are the acute angles of the right triangle below related? Please don’t answer me with a link

Answers

Answer:

An acute angle is an angle whose measure is less than 90∘. That is, in a pair of intersecting non-perpendicular lines, the smaller of the angles are acute. A right angle is an angle whose measure is equal to 90∘. That is the measure of the angles of perpendicular lines.

Step-by-step explanation:

Find the area of the figure.

Answers

Answer:

840cm² its 840cm²

I’m pretty sure the answer is a ?

Answers

I believe that it’s B

A group of volunteers has been collecting toys to deliver to a local charity. Over the last 3 days, the volunteers have collected 324 toys. What has been their collection rate, in toys per day?
A.
110 toys per day
B.
105 toys per day
C.
107 toys per day
D.
108 toys per day

Answers

Answer:

D 108

Step-by-step explanation:

324/3=108

Answer: 108 toys per day

Step-by-step explanation: 324/3

Two trains on opposite tracks leave the same station at the same
time. One train travels at an average speed of 80 kilometers per
hour and the other travels at an average speed of 70 kilometers
per hour. How long after they leave the station will they be 50
km apart?

Answers

Answer:

20 minutes( 0.3333 hours) after they leave the station will they be 50 km apart, if the Two trains on opposite tracks leave the same station at the same time.

Step-by-step explanation:

One train travels at an average speed of 80 km/hr and the other travels at an average speed of 70 km/hr.

please help this is due today

Answers

Answer:

A and D

Step-by-step explanation:

A) x = 3

B) x = 0

C) x = ⅓

D = x = 3

Answer:

A and D

Step-by-step explanation:

okok so this isnt a question but as i was scrolling through brainly and suddenly the lights went off and everybody was in the living room, the door was closed and it wasnt a electricity problem somrwiefnau help im nervous i don know what to do

Answers

Oh for real ? That’s scary

Cart 1 (500 g) moves to the right at 0.40 m/s. Cart 2 (250g) moves to the left at 0.50 m/s. a. If the carts stick after the collision, what will be their velocity?

Answers

Answer:

after the collision cart 1 will stop and cart 2 will keep moving will 0.1.m/s after stop.

How many solutions does the system of equations have?

a. no solution
b. one solution x=0, y=5
c. One solution x=1, y=4
d. Infinitely many solutions

Answers

Answer:

one solution at x=1,y=4 point

Answer is =c due to the one solution

The table shows the cost of hiring a concrete mixer for up to 5 days.
1
2
Number of days
3
4
5
19
45
Cost in £
32
58 71
The cost of hiring the concrete mixer is made up
of a fixed charge and a daily charge.
(1)
(i) How much is the daily charge? £
(1)
(ii) How much is the fixed charge? £
Tota​

Answers

Answer:

i. daily charge = £13

ii. fixed charge = £6

Step-by-step explanation:

Number of days (x) | Cost in £ (y)

1 | 19

2 | 32

3 | 45

4 | 58

5 | 71

Using the given table, we can represent this situation with an equation in slope-intercept form, y = mx + b, where,

m = slope = daily charge

b = y-intercept = fixed charge

✔️Thus, using the coordinates of any two given pairs, say (1, 19) and (2, 32):

Slope (m) = ∆y/∆x = (32 - 19)/(2 - 1) = 13/1

Slope (m) = 13

Therefore daily charge = £13

✔️To find y-intercept (b), substitute (x, y) = (1, 19) and m = 13 into y = mx + b.

Thus:

19 = (13)(1) + b

19 = 13 + b

b = 19 - 13

b = 6

Therefore, fixed charge = £6

✔️Substitute m = 13 and b = 6 into y = mx + b to represent the function given for the situation:

y = 13x + 6

Calculate the value of the expression. 4+2 (17 – 12) ​

Answers

Answer:

14

Step-by-step explanation:

4+34-24 (distribute)

the square root of 125 is closest to what whole number? *

Answers

Answer:

11

Step-by-step explanation:

the square root of 125 is 11.18033989 so when you round it you get 11

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