Interest rate is 9 % and doubling time is 8 years. If you Invest $5,000.00, what will it grow to in 24 years?
Choose the best answer from the options below:
A $40.000.00
B $15,000.00
C $20,000.00
D$30,000.00

Answers

Answer 1

After 24 years, the amount will be $40,000

What is annual interest rate?

An annual percentage rate is expressed as an interest rate. It calculates what percentage of the principal you'll pay each year by taking things such as monthly payments into account.

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

Formula:

a(t) = p*2^(t/8)

given, t=24 , p =5000

a(24) = 5000*2^(24/8)

a(24) = 5000*2^3

a(24) = 5000*8

a(24) = $40,000

Thus, after 24 years, the amount will be $40,000

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Related Questions

Josh Filled up the gas tank on his truck and decided to collect some data that he could use to determine the fuel Efficiency of his vehicle.

Answers

The x-intercept of the equation y=-13x+234 is (18,0).

What is the point slope form?

The point slope form is used to find the equation of the straight line which is inclined at a given angle to the x-axis and passes through a given point.

The equation of the point slope form is: (y - y₁) = m(x - x₁)

where, (x, y) is a random point on the line and m is the slope of the line.

1) From the give table, we have (18, 0) and (15, 39).

Here, slope(m) = (39-0)/(15-18)

m= -13

2) Substitute m= -13 and (x₁, y₁)=(18, 0) in point slope form, we get

(y-0)= -13(x-18)

y=-13x+234

To find the x-intercept, substitute in 0 for y and solve for x. To find the y-intercept, substitute in 0 for x and solve for y.

x-intercept(s): (18,0)

y-intercept(s): (0,234)

Therefore, the x-intercept of the equation y=-13x+234 is (18,0).

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find x (will mark brainliest)

Answers

Using circle theorems, the value of x in the cyclic quadrilateral is 6 units

What is a Cyclic Quadrilateral

A cyclic quadrilateral is a four-sided shape whose vertices all lie on the same circle. This means that all four angles of the quadrilateral are equal to one another.

This is further explained by circle theorem which is a branch of mathematics that deals with the properties of circles and their relationships with other shapes. It is based on the fact that all points on a circle are equidistant from the center of the circle. Circle theorem has many applications, such as finding the area of a circle, calculating the circumference of a circle, and even determining the angles of a triangle formed by three points on a circle.

In this given problem, to find the value of x, we have to use proportions or ratios of the sides given.

This becomes;

(x + 6) / x = 12 / x

when the denominators cancel out;

x + 6 = 12

Collect like terms

x = 12 - 6

x = 6

The value of x is 6

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Find the missing length.

Answers

Answer:

Pythagorean theorem:

[tex]a ^{2} + b ^{2} = c^{2} [/tex]

[tex]2 ^{2} + 11 ^{2} = c^{2} [/tex]

2×2=4 11×11=121

4+121=125

[tex]c = \sqrt{125} [/tex]

solve for (A,B) answer quick

Answers

Using substitution method, the values of a and b in the system of linear equations are 6.3 and 3.65

What is system of linear equations

A system of linear equations is a set of two or more linear equations that contain two or more variables. The goal of solving a system of linear equations is to find the values of the variables that satisfy all of the equations in the system simultaneously. Linear equations are equations that can be written in the form of ax + b = y, where a, b, and x are constants and x is the variable.

To solve this problem, we have to solve the equations simultaneously using either substitution or elimination method.

0.95a + 1.1b = 10 ...eq(i)

a + b = 9.95 ...eq(ii)

From equation (ii)

a + b = 9.95

a = 9.95 - b ...eq(iii)

Put eq(iii) into eq(i)

0.95(9.95 - b) + 1.1b = 10

b = 3.65

put b = 3.65 into eq(ii)

a + 3.65 = 9.95

a = 6.3

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Please Help me With this.

Answers

The unknown angle in the intersecting secant is as follows:

m∠GPE = 27 degrees

How to find the angle when secant intersects?

Secant is a line that intersects a curve at a minimum of two distinct points.

Using angle of intersecting secant theorem, the angle made by two secants (a line that cuts a circle at two points) that intersect outside the circle is half of the furthest arc minus the nearest arc.

Therefore, m∠GPE can be found as follows;

Hence,

m∠GPE = 1 / 2 (mGE - mHF)

mGE = 97 degrees

mHF = 43 degrees

Therefore,

m∠GPE = 1 / 2 (97 - 43)

m∠GPE = 1 / 2 (54)

m∠GPE =54 / 2

m∠GPE = 27 degrees

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Find the area of the figures given

Answers

Answer:

A: 12.5

B: 36

C: 40

D: 88

Step-by-step explanation:

those are the answers

Geneva treated her parents to dinner at their favorite restaurant. The bill was $73.25. She wants to leave 24% of the total bill as a tip. How much should the tip be, in dollars?

Answers

Answer:

To calculate the tip, we first need to find 24% of the total bill. To do this, we can multiply the bill amount by 24% (expressed as a decimal).

Tip = 0.24 * 73.25

= 17.58

Therefore, the tip should be $17.58 in dollars.

If tan A = 1/2, what is tan B?
Let A and B be the two non-right angles in a right triangle.

Answers

The value of the tangent of angle B where the tangent of angle A is 1/2 and ∠A and ∠B are the non-right angles in the right triangle is; tan B = 2

What is a right triangle?

A right triangle is a triangle that has the measure of one of the interior angles as 90°.

The angles in the right triangle that are not right angles = A and B

tan(A) = 1/2

The value tan B

Angle ∠A and angle ∠B are complementary angles

Therefore; m∠A + m∠B = 90°

The tangent trigonometric ratio indicates that the tangent of a non-right angle in a right triangle is; (The length of the opposite side)/(The length of the adjacent side)

Let a represent the length of the side opposite to angle ∠A, and let b represent the length of the side opposite to the angle ∠B, we get;

tan(A) = a/b

tan (B) = b/a

Therefore, if tan(A) = 1/2, tan(B) = The inverse of tan(A) = 1/(1/2) = 2

tan B = 2

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CV={(Standard Deviation)/(Mean)}*100%
You are thinking about investing money in the stock market and have narrowed your choices to one of two
stocks: TD Bank or Cenovas Energy. For TD Bank you have the following statistics:
• Mean monthly closing price: $70.00
Sample standard deviation: $6.30
The monthly closing stock prices of Cenovas Energy for the last eight months is shown below:
Closing Stock Price: ($) 18.00 19.00 12.00 16.00 17.50 12.00 7.50 10.00
(a) Calculate the mean stock price of Cenovas Energy.
Answer=$
(b) Calculate the standard deviation for the sample prices of Cenovas Energy.
Answer=$
(c) What is the median stock price for Cenovas Energy?
Answer=$
(d) What is the range in Cenovas Energy's stock price?
Answer=$
(e) Calculate the coefficient of variation for each stock.
TD Bank Answer= %
Cenovas Energy Answer= %
(f) Which stock is riskier and why?

Answers

Answer:

nice

Step-by-step explanation:

F is inversely proportional to d to the power of 2 . When F = 7 , d = 6 Work out d (positive value rounded to 2 DP) when F = 4.

Answers

The value of {d} for F = 4 is equivalent to {d} = 7.9.

What are algebraic expressions?In mathematics, an expression or mathematical expression is a finite combination of symbols that is well-formed according to rules that depend on the context.Mathematical symbols can designate numbers (constants), variables, operations, functions, brackets, punctuation, and grouping to help determine order of operations and other aspects of logical syntax.

Given is that {F} is inversely proportional to {d} to the power of 2.

We can write the inverse relation as -

F [tex]$\alpha[/tex] 1/d²

Rewriting the relation replacing constant, we get -

F = K/d²

For {d} = 6, {F} = 7. We can write -

F = K/d²

7 = K/36

K = 36 x 7

K = 252

Now, we get the relation as -

F = 252/d²

For {F = 4}, we can write -

4 = 252/d²

d² = 252/4

d² = 63

d = 7.9

Therefore, the value of {d} for F = 4 is equivalent to {d} = 7.9.

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I need help with both of these, list the sides of the figures from shortest to longest.

Answers

Answer:

First question

AC, AB,CB,CD,BD

Second question

KM, KL,ML,LN,MN

Step-by-step explanation:

Observe the different lengths of the triangles and where they connect the longest side of the little triangle is the shortest side of the biggest one

At noon, a 36 foot building casts a 20 foot shadow. Find the shadow cast by a 6 foot tree. Set up a proportion and solve. Be sure to show all your work!

Answers

Using the concept of proportions and ratio, the building of 6ft casts a shadow of 3.33ft

What is Proportions

Proportions are a way of comparing two or more quantities by expressing them as fractions or ratios. They are used to describe the relationship between parts of a whole.

A proportion can be written in different ways. For example, the proportion of red apples to total apples can be written as "3 out of 5", "3:5", or "3/5". In this case, 3 is the number of red apples, 5 is the total number of apples and 3/5 is the proportion of red apples.

Data;

Building = 36 ftshadow = 20 ftBuilding 2 = 6ftshadow = x

Setting up a proportions or two ratios for this.

36 / 20 = 6 / x

cross multiply both sides and solve for x

36 * x = 20 * 6

36x = 120

x = 3.33

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Simplify the expression to a + bi form:
(

8
+

)
+
(
2
+
2

)
(−8+i)+(2+2i)Simplify the expression to a + bi form:
(

8
+

)
+
(
2
+
2

)
(−8+i)+(2+2i)

Answers

The simplified form of the given expression is 3(i-2)

What are expressions?

A term can be a number, a variable, product of two or more variables or product of a number and a variable. An algebraic expression is formed by a single term or by a group of terms. For example, in the expression 4x + y, the two terms are 4x and y.

Given is an expression, (−8+i)+(2+2i)

Simplifying the expression,

(−8+i)+(2+2i)

= -8 + i + 2 + 2i

= -8+2+2i+i

= -6+31i

= 3(i-2)

Hence, the simplified expression is 3(i-2)

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Please someone help me with this math problem

Answers

To graph the system of equations 3x - 2y = 4 and 3x + 2y = 8, we first need to solve for the value of x and y.

To solve for x and y, we can use the first equation 3x - 2y = 4,

3x - 2y = 4

y = (3x/2) - 2

we can substitute this value of y into the second equation 3x + 2y = 8

3x + 2(3x/2 - 2) = 8

3x + 3x - 4 = 8

6x = 12

x = 2

Now we can substitute the value of x into the first equation to find the value of y

3(2) - 2y = 4

6 - 2y = 4

-2y = -2

y = 1

so the point of intersection is (2,1)

In order to graph the system of equations, we can plot the point of intersection (2,1) and then use the slope-intercept form of the equations to graph the lines.

The slope-intercept form of the first equation is y = (3/2)x - 2

The slope-intercept form of the second equation is y = (1/2)x + 4

So, the lines have a slope of 3/2 and 1/2 respectively.

We can now plot these lines on the coordinate plane, with the point of intersection (2,1) being the point where the lines cross.

The graph of the system of equations is the two lines crossing at the point (2,1)

Fill in the blanks below in order to justify whether or not the mapping shown represents a function.

Answers

The mapping diagram above represents a function since for each number in Set A(input), there is a single mapping in Set B(output).

When does a relationship represents a function?

To verify whether a relation represents a function, we need to observe if each input is mapped to only one output.

The input and output sets for this problem are given as follows:

Input: Set A.Output: Set B.

Then the mappings are given as follows:

Input of -2 mapped to an output of 6.Input of 4 mapped to an output of 0.Input of 5 mapped to an output of 9.Input of -3 mapped to an output of 2.

As each input is mapped to a single output, the relation represents a function, and the blanks are completed considering this.

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On an island, frogs are always either green or blue in some initial ratio of blue to green frogs. The number of blue frogs increased by 60% while the number of green frogs decreased by 60%. It turns out that the new ratio of blue frogs to green frogs is the same as the previous ratio in the opposite order (green frogs to blue frogs). By what percentage did the overall number of frogs change?

Answers

When the number of blue frogs increased by 60% and the number of green frogs decreased by 60%, the percentage of the overall increase is solved to be 60%

How to find the percentage of the overall increase

Assuming the number of blue frogs and the number of green frogs are equal and = y

Then the total number of frogs = y + y = 2y

Increasing the percentage of each by 60%, the factor for percentage increase by 60% is 1.6

hence 1.6y + 1.6y = 3.2y

percentage change

= change in price / original price * 100

= (3.2y - 2y) / 2y * 100

= 1.2y / 2y * 100

= 0.6 * 100

= 60

hence the percentage change is 60%

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[tex]98765÷325[/tex]98765÷325

Answers

Answer:

Not sure what you meant and could of used some specifics but I got this with my experience in algebra and geometry.

9906513923.77

98765 times triangle A 32598765÷325

Find the length of each rectangle from its area (A) and breadth (B).
(a) A = 375 sq m, B = 10 m
(c) A = 280.5 sq km, B = 11 km
Di.
Jth
(b) A = 393 sq cm, B = 15 cm,
(d) A = 340 sq m, B = 17 m/

Answers

The following are the values for the length of each rectangles:

(a) L = 37.5 m

(b) L = 26.2 cm

(c) L = 25.5 km

(d) L = 20 m

How to calculate the area of a rectangle

In calculating for the area of rectangle, the breadth is multiplied by the length of the rectangle.

We shall evaluate for the Lengths of the rectangles as follows:

Length = 375 m²/ 10 m

Length = 37.5 m

Length = 393 cm²/ 15 cm

Length = 26.2 cm

Length = 280.5 km²/ 11 km

Length = 25.5 km

Length = 340 m²/ 17 m

Length = 20 m

Hence, 37.5 m, 26.2 cm, 25.5 km, and 20 m are the respective values for the length of rectangles with area 375 m², 393 cm², 280.5 km², and 340 m².

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(−3⋅10 3 )⋅(4⋅10 6 )=
Answers:
A. -12x10^9
B. -12x10^3
C. 12x10^3
D. 12x10^9

Answers

Answer:

A

Step-by-step explanation:

-3 x 4 = -12

[tex]10^{3}[/tex] x [tex]10^{6}[/tex] = [tex]10^{9}[/tex]  You add the exponents when you are multiplying powers with the same bases.

Hoskins is icing 30 cupcakes he spreads mint icing on 1/5 of the cupcakes and chocolate on 7/12 of the remaining cupcakes the rest will get vanilla frosting how many cupcakes have vanilla frosting

Answers

Answer:

10 cupcakes

Step-by-step explanation:

6 cupcakes have mint icing. This means there are 24 cupcakes left. 7/12 of these, or 14 cupcakes, have chocolate frosting. This means that there are 10 vanilla frosted cupcakes.

5. Given an arithmetic sequence, Tn, the sum of the third and fourth terms is 167 and T21 = -4. Determine the value of the constant difference and hence find the general term, T- (6)​

Answers

The arithmetic sequence's fifth term is therefore 84.

How can you determine the value of n in the sum of an arithmetic sequence?

An arithmetic sequence's nth term is determined by a = a + (n - 1)d. So, enter the values a = 2 and d = 3 into the formula to determine the nth term.

The formula to determine the nth term of an arithmetic series is a = a1 + (n - 1)d if a1 is the first term and d is the common difference.

In the mathematical sequence, 84 is the fifth term.

The process for calculating value

An arithmetic sequence's nth term can be calculated using the following formula:

Tn = a + (n -1)d

Where;

First term is a.

N words are present.

d is the typical difference

We must substitute nas 5's value in order to find the fifth term.

T5 = 4 + (5-1) 20

T5 = 4 + 4(20) (20)

the bracket be expanded

T5 = 4 + 80

T5 = 84

The arithmetic sequence's fifth term is therefore 84.

The complete question is,

4 is the initial term and 20 is the constant difference in an arithmetic series. Discover the sequence's sixth phrase.

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At a particular job, workers' wages are linear and based on years of experience. You ask two workers what their
experience and wages are to determine the wage formula. One worker earns $16.10 per hour with 1 years of
experience. The other worker has 3 years of experience and earns $21.30 per hour.
Instructions: Change settings in the above tool as needed to assist in answering the following questions. All answers
could be calculated, or they can be read or estimated from the table or graph above after entering the correct
settings.
a) What is a worker's starting wage at this job? $
per hour
b) What wage can be expected after 7 years of experience? $
per hour

Answers

A worker's starting wage at this job is $13.5.

$31.70 per hour can be expected after 7 years of experience.

What is the system of equations?

System of equations, also known as simultaneous equations, Two or more equations to be solved together in algebra (i.e., the solution must satisfy all the equations in the system). The number of equations must equal the number of unknowns for a system to have a unique solution.

Given that a worker earns $16.10 per hour with 1 year of experience.

The other worker earns $21.30 per hour with 3 years of experience.

The model that represents the wages of a worker is

y = ax + b

Where x is the number of years of experience, and y is total wages.

Now putting x =1 and y = 16.10 in y = ax + b:

16.10 = a + b .....(i)

Now putting x =3 and y = 21.30 in y = ax + b:

21.30 = 3a + b .....(ii)

Subtract equation (ii) from equation (i)

3a + b =21.30

a + b = 16.10

(-)  (-)    (-)

__________

2a = 5.2

a = 2.6

Putting a = 2.6 in equation (i)

16.10 = 2.6 + b

b = 16.10 - 2.60

b = 13.5

The model is y = 2.6x + 13.5

A worker's starting wage is $13.5 at this job.

Putting x = 7  in y = 2.6x + 13.5:

y = 2.6×7 + 13.5

y = $31.70

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Find 400% of 3/16
Enter your answer as a decimal.

Answers

.75

400% = 4 because we moved the the decimal point over two to the left.

Then, since "of" is a multiplication word, we multiplied 3/16 x 4.

A reservoir has the shape of a right prism whose parallel faces are isosceles triangles, as shown in the figure above. It measures 5 m high, 4 m wide and 6 m long, and it is filled with water. We want to calculate the amount of work required to pump all of its water through the hose standing 2 m above the reservoir. Let x be the height in metres measured from the base of the reservoir. The weight of a thin water layer between heights x and x+Δx is approximately P(x)Δx . What is P(x) ?

Answers

The value of the expression P(x) in the function for the weight of a thin water layer between heights x and Δx, P(x)·Δx, is;  P(x) = 47040·x N/m

What is the function?

A function is a rule that defines the relationship between a set of input and outputs variables, such that each input variable is mapped to only one output variable.

The parameters of the right prism are presented as follows;

Height of the isosceles triangular face = 5 meters

Width of the triangle = 4 meters

The length of the right prism = 6 meters

The function for the weight of a thin water layer between height x and height x + Δx = P(x)·Δx

Weight = Density × Volume × Gravity

Volume = Cross sectional area × Height

Cross sectional area = Width × Length = Width × 6

Using similar triangles, we get;

Width, W = (4/5)×x

Therefore; Cross sectional area = (4/5)×x × 6

Weight = Density × Cross sectional area × Gravity × Height

The height of the section = Δx, therefore;

Weight = Density × Cross sectional area × Gravity × Δx = P(x) × Δx

Therefore; Density × Cross sectional area × Gravity = P(x)

P(x) = ρ × (4/5) × x × 6 × g

The density of water, ρ = 1000 kg/m³

g = 9.8 m/s²

P(x) = 1000 kg/m³ × (4/5) × x × 6 m × 9.8 m/s² = 47040·x N/m

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(Look at picture)………..

Answers

Beginning at the y-intercept (0,35),Line is solid, slopes down one and over one, and is shaded beneath.

What is the graph?

Choose your variables first.

If x is the amount of hours spent mowing lawns,

Let y equal the number of hours worked at the clothes business.

A minimum of $400 must be earned from both employment (400 or more)

15x + 10y ≥ 400

In order to graph y = -15/10x +35, get y.

10 hours minimum every day in the store.

35 hours maximum per week

x + y ≤ 35

To graph y = -x + 35, find y.

Making the graph: 0 to 35 for the x and y axes.

First equation: y = -15/10x + 35 y-intercept = 35 slope: solid line on the y-axis starting at 35, going down 12, over 10 Shade above solid line

Second formula: y 10

At y=10, draw a solid horizontal line; more than should be shaded above the line.

Third formula: y = -x + 35

beginning at the y-intercept (0,35)

Line is solid, slopes down one and over one, and is shaded beneath.

The overlapping region on the graph will appear as a little triangle with its points under the line from the third equation, above the horizontal line, and above the line from the first equation.

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If 2y + 2w=x, then w , in terms of x and y, is equal to

Answers

The required solution of the given equation would be w = (x - 2y)/2 in terms of x and y.

What is an equation?

The equation is defined as mathematical statements that have a minimum of two terms containing variables or numbers that are equal.

The equation is given in the question, as follows:

2y + 2w = x

Solving the above equation in terms of x and y

As per the question, we have

2y + 2w = x

Subtract 2y both sides of the equation, and we get

2w = x - 2y

w = (x - 2y)/2

Thus, the required equation would be w = (x - 2y)/2.

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Kelly and her brother won the lottery: Kelly took one half of the earnings, and her brother, Toey, took the other half. Kelly spent her entire half of the money. Joey spent & of his share.
What fraction of the total lottery winnings did Joey spend?

Answers

Answer:

Let's call the total amount of the lottery winnings x.

If Kelly took one half of the earnings, then she took 1/2x and Toey took 1/2x as well.

Toey spent 1/4 of his earnings, so he spent 1/4*(1/2x) = 1/8x

So Joey spent 1/8 of the total lottery winnings.

Annual students fees at university rose from about $6,000 in 2000 to about $15,000 in 2014. Find the percent increase

Answers

Answer: 150 percent.

Step-by-step explanation:

The problem asks for the percent increase in the annual student fees from 2000 to 2014.

First, we need to know how to find a percent increase.

The percentage change formula is

(Increase in amount) / (Original amount) * 100

Using this formula, we can solve this problem.

Since the fee in 2000 was $6000 and the fee in 2014 was $15000, we can find the increase in fees.

Increase in fees = 15000-6000 == 9000

Next, let's use the formula to find the answer.

Percentage Increase = (Increase in fees) / (Original amount) * 100

= 9000 / 6000 * 100

= 150

Therefore, the answer is 150 percent.

Fatms is making a triangular Shaped Scarf, where the sides have Length's 78 cm, 78 cm, and 121cm. To finish the scarf, she will need to sew a binding perimeter around the scarf. Find the perimeter of of the of the scarf.​

Answers

The perimeter of the triangular scarf is 277 cm.

As a special promotion for its 16-ounce bottles of water, a water company printed a message on the inside of each cap. Some of the caps read, "Better luck next time!" whereas others read, "You won!" The company advertised the promotion with the slogan "One in eight wins a prize!" Suppose the company is telling the truth and that every 16-ounce bottle of water has a one-in-eight chance of being a winner. Nine friends each buy one 16-ounce bottle of water at a local convenience store. Let X equal the number of friends who win a prize.

Part A: Explain why X is a binomial random variable. (3 points)

Part B: Find the mean and standard deviation of X. Interpret each value in context. (4 points)

Part C: The store clerk is surprised when three of the friends win a prize. Is this group of friends just lucky, or is the company's one-in-eight claim inaccurate? Compute P(X ≥ 3) and use the result to justify your answer.

Answers

a) X is a binomial random variable because there is a fixed number of trials, for each trial, the probability of winning is the same, and for each trial there are only two possible outcomes, winning and losing.

b) The mean and the standard deviation of X are given as follows:

Mean: 1.125.Standard deviation: 0.99.

This means that out of nine friends, the expected number of those who area expected to win a prize is of 1.125, varying around 0.99.

c) At least 3 friends winning a prize is not unusual, as 3 is less than 2.5 standard deviations above the mean.

How to obtain the mean and standard deviation of the binomial distribution, and what are unusual measures?

The binomial distribution represents the probability of exactly x successes on n repeated trials, with p probability of a success on each trial.

The expected value of the binomial distribution is:

E(X) = np

The standard deviation of the binomial distribution is:

[tex]\sqrt{V(X)} = \sqrt{np(1-p)}[/tex]

The change of winning is of one in eight, hence the parameter p is obtained as follows:

p = 1/8 = 0.125.

There are nine friends, hence the parameter n is given as follows:

n = 9.

Then the mean is of:

E(X) = 9 x 0.125 = 1.125.

The standard deviation is of:

[tex]\sqrt{V(X)} = \sqrt{9 \times 0.125 \times 0.875} = 0.99[/tex]

A measure is considered unusual if it is more than 2.5 standard deviations above the mean, hence the upper bound is given as follows:

More than 1.125 + 2.5 x 0.99 = 3.6 friends.

More can be learned about the binomial distribution at https://brainly.com/question/24756209

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