Suppose a principal amount of $7500 was invested at an interest rate of 6%. How long did it take to reach $10650?

Answers

Answer 1

Based on the information how long did it take to reach $10650 is 7years.

Given:

Principal=$7,500

Rate=6%

Amount=$10650

Time=?

Simple Interest(SI)=A-P

=$10650-$7500

=$3150

Time=(100×SI)/(p×r)

T=(100×3150)/(7500×6)

T=315,000/45,000

T=7 years

Inconclusion how long did it take to reach $10650 is 7years.

Learn more here:

https://brainly.com/question/15610358

Answer 2

The period it took the $7,500 investment to reach a future value of $10,650 at a compounding interest rate of 6% is 6 years.

What is the future value?

The future value refers to the compounded value of present cash flows in the future, using an interest rate.

The future value can be determined using the future value table or formula.

We can also determine the future value using an online finance calculator, which also enables us to determine the period required to get a stated future value.

Data and Calculations:

PV (Present Value) = $7,500

I/Y (Interest per year) = 6%

PMT (Periodic Payment) = $0

FV (Future Value) = $10,650

Results:

N (# of periods) = 6 years

Total Interest = $3,142.17

Thus, the period it took the $7,500 investment to reach a future value of $10,650 at a compounding interest rate of 6% is 6 years.

Learn more about future values and periods at https://brainly.com/question/12890404 and https://brainly.com/question/20392017


Related Questions

The state education commission wants to estimate the fraction of tenth grade students that have reading skills at or below the eighth grade level. In an earlier study, the population proportion was estimated to be 0.23.

How large a sample would be required in order to estimate the fraction of tenth graders reading at or below the eighth grade level at the 98% confidence level with an error of at most 0.03? Round your answer up to the next integer.

Answers

Using the z-distribution, it is found that a sample size of 1066 is required.

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which z is the z-score that has a p-value of .

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

From the previous study, the estimate is of 0.23, hence [tex]\pi = 0.23[/tex].

98% confidence level, hence[tex]\alpha = 0.98[/tex], z is the value of Z that has a p-value of [tex]\frac{1+0.98}{2} = 0.99[/tex], so [tex]z = 2.327[/tex].

The sample size is n for which M = 0.03, hence:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

[tex]0.03 = 2.327\sqrt{\frac{0.23(0.77)}{n}}[/tex]

[tex]0.03\sqrt{n} = 2.327\sqrt{0.23(0.77)}[/tex]

[tex]\sqrt{n} = \left(\frac{2.327\sqrt{0.23(0.77)}}{0.03}\right)[/tex]

[tex](\sqrt{n})^2 = \left(\frac{2.327\sqrt{0.23(0.77)}}{0.03}\right)^2[/tex]

[tex]n = 1065.5[/tex]

Rounding up, a sample size of 1066 is required.

A similar problem is given at https://brainly.com/question/12517818

Please look at picture for question.

Answers

Answer:

2/5m - 1/5

Step-by-step explanation:

One thousand dollars is deposited into an ordinary annuity after each 6 month period for 2 years. The account pays 4 percent interest compounded semiannually.what is the future value of the account in 2 years ??

Answers

Answer:

  $4121.61

Step-by-step explanation:

Use the formula for the balance of an ordinary annuity.

  A = P((1 +r/n)^(nt) -1)/(r/n)

  A = $1000((1 +.04/2)^(2·2) -1)/(.04/2) ≈ $4121.61

The future value of the account is $4121.61.

Evaluate the expression for the given variable values.


3∣m+2n∣2−(mn)2 if m=3 and n=−5

Answers

From my thinking don’t use this one because I’m not really answering 5-2=3=3

I got brainly for my kid , it’s on my phone and she is on my family share How can she use it on her phone?

Answers

Answer:

The only way she was able to use it if she knew your email and linked you to the account or she had some sort of permissions to get brainly on her device.

What fraction of the rectangle is shaded? PLS PLS PLS help ASAP! Ty

Answers

Answer:

[tex]\frac{1}{3}[/tex]

Step-by-step explanation:

Calculate the total area of the rectangle:

21 x 12 = 252

Half of the rectangle is unshaded so:

252 ÷ 2 = 126

For clarification, side A is the top, side B is the left hand side and side C is the bottom.

Now, find the area of the unshaded side of the other triangle. As the length of side C is 21 and the shape is a rectangle, side A is also 21. We need to calculate the amount is unshaded on this side so:

21 - 14 = 7

(7 x 12) ÷ 2 = unshaded

84 ÷ 2 = 42

So now we know the total of the shape that is shaded, we can now subtract this from the total area of the shape:

252 - 126- 42 =   84

Which in fraction form is:

[tex]\frac{84}{252}[/tex]

This can be simplified down by dividing both the numerator and the denominator by 3:

[tex]\frac{84 \div 3}{252 \div 3}[/tex]

=[tex]\frac{1}{3}[/tex]

Hope this helps!

A color printer prints 5 pages in 9 minutes.
How many minutes does it take per page?

PLS HELPPPPPP

Answers

Answer: 1.8

Step-by-step explanation: Divide 9/5

Find X for brainiest

Answers

Answer:

136°

Step-by-step explanation:

Look at the attached paper for the steps.

Answer:

136°

Step-by-step explanation:

In quadrilateral ABCD,

[tex]m\angle A = 180\degree - 107\degree = 73\degree[/tex](Angles in linear pair)

[tex]m\angle B = 61\degree [/tex](Vertical Angles)

[tex]m\angle C= 90\degree [/tex](Given)

[tex]m\angle A +m\angle B+m\angle C+m\angle D= 360\degree[/tex](Interior angle sum postulate of a quadrilateral)

[tex]73\degree +61\degree+90\degree+x= 360\degree[/tex]

[tex]224\degree+x= 360\degree[/tex]

[tex]x= 360\degree-224\degree[/tex]

[tex]x= 136\degree[/tex]

1cm +4cm+2cm+1.5cm+2.5cm
find its perimeter

Answers

Answer:

11 cm

Step-by-step explanation:

add whole numbers

1 + 4 + 2 = 7

add decimal numbers

1.5 + 2.5 = 4

add the answers

7 + 4 = 11

have a splendid day <3

Answer:

11cm

Step-by-step explanation:

To find perimeter, you simply just add each of the side lengths.

To make this easier to read, lest group some of the terms

1cm + 4cm = 5cm

2cm + 1.5cm = 3.5cm

5cm + 3.5cm = 8.5cm

8.5cm + 2.5cm = 11cm

The five terms are bolded to make sure that we added each term in the sum.

Harper was out at a restaurant for dinner when the bill came. She wanted to leave a tip of 16%. What number should she multiply the cost of the meal by to find the total plus tip in one step?

Answers

Answer:

Harper would take the Total Bill after tax and mutiply it by 0.16.

The formula for this would be

Total Bill = x

Tip = 16% -> 16/100 = 0.16

So

0.16x

Patrick is paid
$12 for 3 hours of work
How many hours does she work is she gets payed $1

Answers

Answer:

Step-by-step explanation:

Answer:

0.25 Hours or 15 minutes

Step-by-step explanation:

Please give me brainliest

Write an equation for the sentence.

Four times a number less 10 is equal to 16 ?

Answers

Answer:

four times a number less 10 is equall to 16 ia not

(03.09)
What is the equation of the quadratic graph with a focus of (3, -1) and a directrix of y
= 1? (1 point)
two - od
1
f(x) = -4 (x - 3)2 + 1
O 1
f(x) = -4 (x - 3)2
O
.
1
f(x) = 4 (x - 3)2 + 1
0
1
f(x) = 4 (x - 3)

Answers

Point 1, f(x) -4 (x-3) 2+1

Using the diagram of a regular hexagon, fill in the blanks for the steps to solve for the area of a hexagon with sides equal to 16 cm.

(1) How many equilateral triangles are there? _____

(2) What is the measure of each of the three angles in the equilateral triangle? _____

(3) If we cut an equilateral triangle down the middle (segment a), what special right triangle do you create? _____

(4) What is the vocabulary word for the segment a? _____

(5) What is the length of the short side of one of the 30-60-90 triangles? _____

(6) What is the length of the hypotenuse of one of the 30-60-90 triangles? _____

(7) Using the properties of 30-60-90 triangles, calculate the length of the long leg of one of the 30-60-90 triangles. _____

(8) What is the height of one of the the equilateral triangles? _____

(9) Apply the formula for the area of a triangle to find the area of one equilateral triangle. _____

(10) Calculate the area of the complete hexagon by multiplying the area of one equilateral triangle by the number of triangles. _____

Answers

Answer:

(1) How many equilateral triangles are there? ___6__

(2) What is the measure of each of the three angles in the equilateral triangle? __60°_

(3) If we cut an equilateral triangle down the middle (green line), what special right triangle do you create? _30-60-90_

(4) What is the vocabulary word for the green line? _Perpendicular bisector_

(5) What is the length of the short side of one 30-60-90 triangle? __4_cm_

(6) What is the length of the hypotenuse of one 30-60-90 triangle? __8 cm

(7) Using the properties of 30-60-90 triangles, calculate the length of the long leg. _4√3_cm

(8) What is the height of the equilateral triangle?  _4√3_cm

(9) Apply the formula for the area of a triangle to find the area of one equilateral triangle. ½(8)(4√3) = 16√3 cm²

(10) Calculate the area of the complete hexagon by multiplying the area of one equilateral triangle by the number of triangles. _8(16√3) = 128√3 cm²_

Step-by-step explanation:

In geometry, a hexagon can be defined as a polygon with six sides. The two-dimensional shape has 6 sides, 6 vertices and 6 angles

What is Hexagone?

In geometry, a hexagon can be defined as a polygon with six sides. The two-dimensional shape has 6 sides, 6 vertices and 6 angles

The answers of all the fill in the blanks are given below:

(1) How many equilateral triangles are there ___6__

(2) What is the measure of each of the three angles in the equilateral triangle __60°_

(3) If we cut an equilateral triangle down the middle (green line), what special right triangle do you create? _30-60-90_

(4) What is the vocabulary word for the green line? _Perpendicular bisector_

(5) What is the length of the short side of one 30-60-90 triangle? __4_cm_

(6) What is the length of the hypotenuse of one 30-60-90 triangle? __8 cm

(7) Using the properties of 30-60-90 triangles, calculate the length of the long leg. _4√3_cm

(8) What is the height of the equilateral triangle?  _4√3_cm

(9) Apply the formula for the area of a triangle to find the area of one equilateral triangle. ½(8)(4√3) = 16√3 cm²

(10) Calculate the area of the complete hexagon by multiplying the area of one equilateral triangle by the number of triangles. _8(16√3) = 128√3 cm²

To know more about Hexagone follow

https://brainly.com/question/1615720

which one is true and why

Answers

Answer:

the first one is true

Step-by-step explanation:

√36>5 = 6>5

7<√10 = 7<3.162

√9>√25 = 3>5

Therefore, the first one is correct

help me please i beg you

Answers

ANSWER: Acute and obtuse angle

what is the inverse of f(x) = x2 − 36

Answers

I think it’s x-2 + 36

What is the answer to 14÷22 ?

Answers

Answer:

0.63636363636363636

Step-by-step explanation:

14/22

Answer:

7/11 or 0.6363636363... and so on in that pattern.

Step-by-step explanation:

Well 14/22 is an irrational decimal which is 0.6363636363... and it goes on forever, so to put it in simple terms you can write it as a fraction as 7/11. (Sorry for being vague).

I hope this answer helped you if it is wrong please let me know. Thank you!

Please solve for a: b = 2 - (1/a)

Answers

[tex]b = 2 - \dfrac 1a\\\\\implies ab = 2a -1\\\\\implies 2a -ab = 1\\\\\implies a(2-b) =1\\\\\implies a = \dfrac 1{2-b}[/tex]

What is the slope of the function?
O-6
O 4
O 4
O 6

Answers

Answer:

12/2 = 6

Step-by-step explanation:

2 ways to do it, graph it, or do the slop finding formula y2-y1/x2-x1

answer:

Step-by-step explanation:

I hope she is correct answer

Select the property of equality used to arrive at the conclusion.

If x = 2, then x + 8 = 10Select the property of equality used to arrive at the conclusion. If x = 2, then x + 8 = 10

1. the subtraction property of equality
2. the addition property of equality
3. the multiplication property of equality
4. the division property of equality

Answers

Answer:

addition property of equality

Step-by-step explanation:

This is because the addition property of equality means

if [tex]a=b[/tex] then [tex]a+c=b+c[/tex]

So if, [tex]x=2[/tex] then [tex]x+8=2+8[/tex]

2/3 times what equals 3/2

Answers

[tex]\dfrac 23 \cdot x = \dfrac 32 \\\\\implies 2x = \dfrac 92\\\\\implies x =\dfrac 94[/tex]

Hi. can you help me?

Answers

Answer:

Sure

Step-by-step explanation:

First you need to ____

Next you need to ____

Last, put nothing

That's what you did, so I helped you out.

Is dis good

i- I think you forgot to put the picture.

A package contains 12 ounces of cereal .If you use 1 portion of this cereal which is 1 1/3 how much would be left in the cereal box?

Answers

To answer this question, you would need to divide the total amount of cereal in the box by the serving size.

This would be 12 2/3 divided by 1 1/3.

We can write each mixed number as an improper fraction first before we divide:12 2/3 = 38/3 and 1 1/3 = 4/3

Now divide 38/3 by 4/3. Recall that dividing by a fraction is accomplished by multiplying by the reciprocal of the divisor: 38/3 * 3/4 = 114/12 = 38/4 OR 19/2

Also, 19/2 is equivalent to 9 and 1/2. There would be 9 and 1/2 servings in the box of cereal.

Hope this helps

What are some of the consequences the employee face

Answers

Answer:

rude customers and complaints

Answer:

Ignorant managers.

Step-by-step explanation:

Ignore them

Find somewhere else to move.

Please take a look at the picture

Answers

Answer:

C

Step-by-step explanation:

it is none of the above, because

x - (-x) = x + x = 2x

and that is not -x

0 - (-x) = 0 + x = x

and that is not -x

Jaxon borrowed some money from his friend in order to help buy a new video game system. Jaxon agreed to pay the friend back some amount every week until his loan was paid off. Let L represent the amount Jaxon owes his friend after tt weeks. A graph of L is shown below. Write an equation for L then state the x-intercept of the graph and determine its interpretation in the context of the problem.

Answers

Answer:

L = -2t + 10, (5,0) the interpretation of the x-intercept in the context of the problem is the week that Jaxon owes no more money

Step-by-step explanation:

so we have L=mt+b with m being the slop and b being the y-intercept. the y-intercept is found by looking at what L is when t=0. when t=0, L=10 so b=10. now we have L=mt + 10. to find slop figure out rise/run. every 1 increase in t, L decreases 2 units. this is -2/1 or -2 so m=-2. so the graph is L = -2t + 10

the x- intercept is the t value when L=0, looking at the graph, when L=0, t=5, so the x-intercept is at (5,0)

On average, Laylah drinks 1/2 of a 6-ounce glass of water in 2/3 hour. What is 1/2 of 6?

Answers

Answer:3

Step-by-step explanation:

1/2 of 6 is 3 because (6x1)/2=6/2 which equals 3

Numeros comprendidos entre 20

Answers

One, two, three, four, five, six, seven, eight, nine, ten, eleven, twelve, thirteen, fourteen, fifteen, sixteen, seventeen, eighteen, and nineteen/Uno, dos, tres, cuatro, cinco, seis, siete, ocho, nueve, diez, once, doce, trece, catorce, quince, dieciséis, diecisiete, dieciocho y diecinueve

help me out guys !!!?​

Answers

Answer:

4

Step-by-step explanation:

yeah-ya............. right?

Answer:

16

Step-by-step explanation:

because :-

f(x) =[x+6] x=-10

=[-10+6]

=10+6

16

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