Samantha invested $670 in an account paying an interest rate of 5.5% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $1,740?

Answers

Answer 1

Answer:

  17 years

Step-by-step explanation:

The formula for the value of an account earning compound interest can be used to find the number of years. That formula is ...

  A = P(1 +r/n)^(nt)

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

__

Solving for t, we find ...

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

  log(A/P) = nt·log(1 +r/n) . . . . take logarithms

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

For the given values, the time required is ...

  t = log(1740/670)/(365·log(1 +0.055/365)) ≈ 17.353

It would take about 17 years for the account value to reach $1740.

_____

Additional comment

The time-value-of-money (TVM) apps of your calculator or spreadsheet can be used to find the time period of interest. Here, setting P/Y = 1 gives N in years.

Samantha Invested $670 In An Account Paying An Interest Rate Of 5.5% Compounded Daily. Assuming No Deposits

Related Questions

The y-intercept of 2x - y = 6 is -6.
O False
True

Answers

Answer:

It is true

Step-by-step explanation:

Convert to slope-intercept form:

2x-y=6

-y=6-2x

y=-6+2x

y=2x-6

Since y=mx+b is the form we want, then b=-6, making the statement true.

Answer:

true

Step-by-step explanation:

you switch the 2x to the other side to get -y = 2x + 6

then you multiply everything by -1 to get y = -2x-6

-6 is the y int

The formula for the lateral area of a right cone is LA = rs, where r is the radius of the base and s is the slant height of the cone. Which are equivalent equations? Select two correct answers. s = s equals StartFraction L A Over pi r EndFraction. s = s equals StartFraction pi r Over L A EndFraction. s = LAr r = r equals StartFraction L A Over pi s EndFraction. r = LAs

Answers

Complete Question

The formula for the lateral area of a right cone is LA = πrs, where r is the radius of the base and s is the slant height of the cone. Which are equivalent equations? Select two correct answers.

a) s = s equals StartFraction L A Over pi r EndFraction.

b) s = s equals StartFraction pi r Over L A EndFraction.

c) s = LAr

d) r = r equals StartFraction L A Over pi s EndFraction.

e) r = LAs

Answer:

a) s equals StartFraction L A Over pi r EndFraction.

d) r = r equals StartFraction L A Over pi s EndFraction.

Step-by-step explanation:

The formula for the Lateral Surface Area of a right cone is given in the question as:

LA = πrs

Where

r is the radius of the base and s is the slant height of the cone.

From the options given,

We can make s the subject of the formula.

Hence:

Making s the subject of the formula

LA = πrs

Divide both sides by πr

s = LA/πr

Hence: Option a) s equals StartFraction L A Over pi r EndFraction. Is correct.

Step 2

Making r the subject of the Formula

LA = πrs

Divide both sides by πs

r = LA/πs

Hence: Option d) r equals StartFraction L A Over pi s EndFraction. Is correct.

Answer:

The answer is A and D.

Step-by-step explanation:

I took the quiz !

Two linear functions are combined with addition, and then the same two linear functions are combined by
multiplication.
Which functions could be the result of the combinations? Select two options.
16x - 12
17x - 12
72x2 - 96x
72x2 – 108x
72x2 - 204x + 144

Answers

72 x 2 is. 64 and 144 is 108

Solve for x: 1/3 (x-22) = 4x
x = -2
x = 34
x = 2
x = -10 ​

Answers

Answer:

x=-2

Step-by-step explanation:

plz help! WILL GIVE BRAINLIEST

Answers

Answer:

3x+7=y

Step-by-step explanation:

Help me find the radius please

Answers

Where’s the pic or equation so I can solve it ?

Answer:

You have to state the question or have an attachment on your question so we can answer it


a) What is the equation of line A?
b) What is the equation of line B?

Answers

Answer:

Line A is x = -3

Line B is y = 2.5

Step-by-step explanation:

solve this ...BABABOOEY

Answers

Answer:

The answer is G because everything in the problem adds up to G

Answer:

Yes i will solve BABABOOEY

Step-by-step explanation:

Studies indicate that 10.5% of the US population has diabetes. A producer of medical devices is developing a test for diabetes diagnosis: a positive test suggests that a person has diabetes, a negative test suggests that a person does not have diabetes. However, medical tests can give false results: in particular, the probability that this test gives a negative result for a person who actually has diabetes is 0.05, while the probability that the test is positive for a person who in fact does not have diabetes is 0.10.1. What is the probability that the test gives a positive result for a person who is known to have diabetes? 2. What is the probability that a person has diabetes, given that the test gives a positive result?

Answers

Answer:

The answer is "0.95 and 0.5271".

Step-by-step explanation:

[tex]p (d) = 0.905 \\\\p( false\ negative) = 0.05\\\\p(false \ positive ) = 0.10 \\\\[/tex]

In point a)  

p ( positive diabetes )[tex]= 1 - 0.05 = 0.95[/tex]

In point b)  

[tex]p(\frac{d}{+ve}) = \frac{0.105 \times 0.95}{0.105 \times 0.95 +0.895 \times 0.10 }[/tex]

           [tex]=\frac{0.09975}{0.09975+0.0895}\\\\=\frac{0.09975}{0.18925}\\\\= 0.5271[/tex]

Help I’ll mark you brainly! And give extra points!

Answers

Answer: I think #2 is either A or C

Step-by-step explanation: Hope it helped! :)

The length of a box as reported by its manufacturer is 13.67 cm. Joe has a ruler which has markings for each millimeter. Which most likely represents the length of the box that Joe is able to measure?

Answers

Answer:

Option (3)

Step-by-step explanation:

Joe has a ruler which has markings for each millimeter, so the least measurement which Joe can do is in millimeter.

Since, 10 mm = 1 cm

Therefore, 1 mm = 0.1 cm

This rule states that Joe can measure a length or distance in nearest tenth of a cm only.

If length of a box = 13.67 cm,

So Joe can measure it as 13.7 cm approximately.

Therefore, Option (3) will be the answer.

Helpppppppppppppppppppoppppppoo

Answers

Answer:

Step-by-step explanation:

abc=80, abm= 100

acb= 40, acn= 140

angle a = 60

x=80, y=40

Answer:

x = 80° y = 40°

Step-by-step explanation:

ABC = 80°  ACB = 40°

ABC+ACB+A = 180° (sum of angles in a triangle = 180°)

80+40+A = 180°

A = 60°  (sum of angles in a triangle = 180°)

X = 80° (ALTERNATE ANGLES, angles x is alternate to angle ABC = 80° )

y = 40°  (alternate angles, angle y is alternate to angle ACB = 40°)

to cross-check : sum of angles on a straight line = 180°  

x+ y + A = 180sum of angles on a straight line = 180°

80+40+60 = 180°

ABM = 100°  = (sum of angles on a straight line = 180°)

80° + 100°  = 180°

ACN = 140° (sum of angles on a straight line = 180°)

40° + 140° = 180°

What is the difference of the polynomials?
I will give 40 points

Answers

Answer:

im answering this for the points and also u lied about how many points i would be getting. -.-

Step-by-step explanation:

answer is C i think

Answer:

7x^{2} +3y^{2} -4x

Step-by-step explanation:

12-5=7

-11-(-14)=3

-13-(-9)= -4

so it will be [tex]7x^{2} +3y^{2} -4x[/tex]

Please help I'll give brainlest

Which of the following is 1,215 divisible by? Select all that apply.
A.3
B.2
C.9
D.10
E.5
F.8
G.4
H.6

Answers

Answer: A,C,E

Step-by-step explanation:

All of the other answers give you a decimal.

Answer:

ACE

Step-by-step explanation:

A

1215 divided by 3 = 405

B

1215 divided by 9 = 135

C

1215 divided by 5 = 243

*The other answers can give a decimal answer.

what is the value of d+3

Answers

Answer:

you need to explain

Step-by-step explanation:

you love to play pool at the local hall if it costs $10 just to play plus $2.30 per game played what is the most number of games that you can play in one night on $50

Answers

Answer:

4

Step-by-step explanation:

or 17

10 to enter i assume and then 2.30 per game

12.3 everytime u play

50/12=4

A large pizza at Palanzio’s Pizzeria costs $6.80 plus $0.90 for each topping.
The cost of a large cheese pizza at Guido’s Pizza is $7.30 plus $0.65 for each
topping. How many toppings need to be added to a large cheese pizza from
Palanzio’s Pizzeria and Guido’s Pizza in order for the pizzas to cost the
same, not including tax?

Answers

Answer:2

Step-by-step explanation:

.9x+6.8

.65x+7.3

Find x by graphing it

Whoops wrong question

can somebody help me please ..

Answers

Answer: Red

Step-by-step explanation:

The y intercept is -2 so its either green or red

the slope is positive so its red

Warren Anderson's annual salary is $54,500. His personal exemptions total $1,500. The annual tax
withheld is: 1.5 percent of the 1st $1,000, 3.0 percent of the next $2,000, 4.5 percent of the next $2,000, and
5.0 percent over $5,000. How much is deducted annually for state income tax?

A. $2,400
B. $2,565
C. $2,725
D. $2,890

Answers

Answer:

B. $2,565

Step-by-step explanation:

Which expression can be used to find 1/2 of 12

Answers

Answer: 1/2*12
12/2

Explanation: either one is right. It just depends on your options.

Expression can be used to find 1/2 of 12 is 1/2*12

How to find how much percent 'a' is of 'b'?

Suppose a number is 'a'

Suppose another number is 'b'

We want to know how much percent of 'b' is 'a'.

Then, it is calculated as:

[tex]\dfrac{a}{b} \times 100[/tex](in percentage)

Given;

P= 1/2 => 5/10 => 50/100

b= 12

substituting in the formula;

 a/12 = 50/100

putting the value of 50/100 from given

 a/12= 1/2

a= 1/2*12

Therefore, the correct answer will be 1/2*12

Learn more about percent here:

https://brainly.com/question/11549320

#SPJ5

Find the area and perimeter of the original planned patio and the new planned patio. MIT HINDI MT Luis decided to make the patio 2 feet longer. The drawing shows his new plans for the patio. New planned patio 8 feet 10 feet 2 feet​

Answers

Answer:

original

perimeter - 36 feet

area - 80 square feet

new patio

perimeter - 40 feet

area - 96 square feet

HELP PLZ
You don’t have to solve all of them just do the ones you know!

Answers

Supplementary angles equal to 180
Complimentary angles equal to 90
Adjacent angles are connected by a vertex and side
Vertical angles are opposite of each other on two intersecting lines

A1 is 64° more than A2, so A1 + 64 = A2
Input that into the equation.
A1 + A1 + 64= 180
2A1 = 116
A2 = 58
A1 = 58+64, 122

90 = A1 + A1 +20
70 = 2A
35 = A2
55 = A1

Complimentary angles equal to 90.
A1 is 49, so 90-49= 51.

PLEASE HELP!!!!!!! WILL GIVE BRAINLIEST

Answers

Answer:

16 inches

Step-by-step explanation:

What we know:

The equation y = 3/4x shows the diameter of a trees in x inches gained in y years.

We know y, which is 12, so this becomes x = 4/3y (or x = 4y/3)

x = 4(12)/3

x = 48/3

x = 16

The predicted diameter will be 16 inches.

(Just put 16 in the blank.)

Can somebody help me ??

Answers

Answer:

y = 98

z = 21

Step-by-step explanation:

in the picture, y and 82 are supplementary angles because the are same side interior angles. This means that we can create this equation:

y = 180 - 82

we get y = 98

<Y and <4z + 14 are vertical angles, so we can also say that they are equal to each other. So we can create this equation:

4z + 14 = 98

subtract 14 from both sides:

4z = 84

divide both side by 4 to find z:

z = 21

Answer:

y = 82

z  = 21

Step-by-step explanation:

You can get y almost immediately.

82 and y are supplementary. Interior angles on the same side of the transversal = 180

82 + y = 180              Subtract 82 from both sides

y = 180 - 82

y = 98

y and 4z + 14 are equal.

y = 4z + 14                Substitute for y    

98 = 4z  +  14           Subtract 14 from both sides.

98-14 = 4z

84 = 4z                     Divide by 4

84/4 = 4z/4

21 = z

Tyler works at an appliance store. He gets paid a salary of $500 a week, plus commission. He gets paid 5% in commission for the first $1000 in sales and 7% commission for sales over $1000. Last week, he sold $3500 in appliances. How much money did he make last week?

Answers

Answer:

Step-by-step explanation:I think it is 5005

To approach a runway, a plane must begin a 7° descent starting from a height of 5 miles above the ground. To the nearest mile, how many miles from the runway is the airplane at the start of this approach?

41 mi

54 mi

82 mi

46 mi

Answers

41 miles
Thanks have a great day god bless you

Answer:

41

Step-by-step explanation:

The high temperatures for two consecutive days were 83°F and 79°F. If the average(mean) high temperaature, including a third day, was greater than 82°F, then what was the high temperature on the third day? Write an inequality representing the problem.

Answers

Answer:

83F+79F+X

-----------------      >82F

        3

Step-by-step explanation:

X is the unknown temp, which is the third day.  adding all those up and dividing that by 3 will give you the average. if the average is above 82F, then you just add a > symbol showing that its higher than 82F

Please Help me with this question please please. I will mark brainliest.

Answers

Answer:

its just 22

Step-by-step explanation:

It is the third one down 22 degrees.

Find the value of this expression if x = 7 and y= -2
xy^2/9

Answers

7(−2)^2 /9

7(−2)^2 /9  

= 28 /9

the answer above this is wrong if you’re using Plato

help !! ill give 10 point for answer !!

What is the value of y in the solution of the system?
x + y = 3
y = -6x + 3

Answers

Step-by-step explanation:

x + y = 3 ------------ eqn 1

y = -6x + 3 ---------- eqn 2

Substitute -6x + 3 for y in equation 1

x - 6x + 3 = 3

Evaluating we have,

-5x = 3 - 3

Evaluating further,

x = 0

Substitute 0 for x in equation 1

0 + y =3

Make y subject of formula

y = 3 - 0

y = 3

Hope this helped!

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