using compound interest, how long does it take to double a 1000 dollar investment that pays 6.5% annual interest, compounded monthly?​

Answers

Answer 1

Answer:

11 years approx

Step-by-step explanation:

Given data

P=$1000

A=2000

R=6.5%

T= ?

Calculate time, solve for t

t = ln(A/P) / r

substitute

t=ln(2000/1000)/0.065

t=ln(2)/0.065

t=0.693/0.065

t=10.66

Hence the time is 11 years approx


Related Questions

Please please help!!
(Wasn't sure what subject it fit in, so its in math I guess)

Answers

Answer:

The answer is A

Step-by-step explanation:

Hope I helped!!

This is science, and the answer should be b, I have a photo attached for reference.

PLEASE HELP IM ON A TIME LIMIT

What is the location of point D

(6, 0)
(-6, 0)
(0, -6)
(0, 6)

Answers

Answer:

The answer is (0,-6)

Answer:(0, -6)
Explanation: it goes over 0 that’s how you know the x and it goes down -6 that’s how you know the y

A glacier moves about 3 inches every 9 hours. At this rate, about how far does the glacier move in 36 hours?
Help me please

Answers

Answer:

The answer is 12

Step-by-step explanation:

36/9=4

4x3=12

So first you would divide 12 in half to figure out how many inches it moves in 24 hours (or 1 day) which would be 6 inches every 24 hours. You then multiply 6 (inches per day) by 7 (# of days). You end up with 42 inches in 7 days. Hope this helps

1 pts
Find the value of m.
28
(10m - 30)
Enter your answer with one decimal place.

Answers

(10m-30) = 28. 28 plus 30 is 58 and 58/10 is 5.8. M is 5.8.
28 = 10m - 30

28 + 30 = 10m

58 = 10m

10m = 58

m = 58/10

m = 5.8

What is the difference in the areas of the polygons shown?

Answers

Answer:

the difference is the + and the -

sorry if it's wrong

3(5p - 1) - 4(3p - 7)
Also please explain it as well

Answers

Answer:

3p + 25

Step-by-step explanation:

Let's start with the original expression:

3(5p – 1) – 4(3p – 7)

We need to distribute each constant to the binomial they are multiplying, and when we do that, we get:

15p – 3 – 12p + 28

Why did the 28 turn out positive? We multiplied two negative numbers together, –4 and –7 , and multiplying two negatives always gives us a positive product.

Now, let's rewrite the expression to group like terms together:

15p – 3 – 12p + 28  — marked like terms, constants bold, variables underlined

15p – 12p + 28 – 3  — rewrote the expression to group like terms

Finally, we combine each set of like terms together to get our final answer:

3p + 25  — simplifying

Hope this helps you understand the concept! Have a great day!

3p+25 you just have to distribute and then collect like terms

how do u put x-2y=2 into slope intercept form , show your work.

Answers

Answer:

y = -x - 1

Step-by-step explanation:

-2y=-x+2

y—x-1

HELP PLEASE!!!! I WILL GIVE 12 POINTS AND BRAINLIEST

Answers

Answer:

b

Step-by-step explanation:

Answer:

The answer would be b.

which of these graphs shown represents x^2 + y^2 = 2.25

Answers

The answer is C


Hope this helped

Answer:

C

Step-by-step explanation:

the answer is c

Solve the system of equations by substitution.
3/8x +1/3y=17/24
x+7y=8

Answers

Answer:

x=1, y=1.

Step-by-step explanation:

From the second equation:

x = 8 - 7y, so substituting for x in the first equation:

3/8(8 - 7y) + 1/3y = 17/24

3 - 21/8 y + 1/3y = 17/24

1/3y - 21/8y = 17/24 - 3

Multiply through by 24:

8y - 21*3 y = 17 - 72

8y - 63y = -55

-55y = -55

y = 1.

And  substituting for y in the second equation:

x + 7(1) = 8

x = 8 - 7

x =  1.


Which of the following are benefits of a debit card? Select all that apply.
A) more debt
B) built into checking account
C) high annual fee
D) can withdraw cash

Answers

Answer:

D

Step-by-step explanation:

i got this like  years ago and i passed heeheh

I need help with math if you don't know the answer get out of the question and don't answer it and give the wrong answer or some link or even say "I don't know" or anything like that it's not fair to me cause it a waste of my points I will report your if you do that :) have a nice day and stay safe

Answers

Answer:

each person would get 2.6 apples hope that helps :)

10) pls help i’ll give 20 points :)

Answers

Answer: The blank space in the equation is 4.

Step-by-step explanation: -6 x +2 is -12. -48/-12 is 4. Therefore, the blank space in the equation is 4.

SOMEONE PLEASE HELP ME WITH THIS I NEED TO PASS THIS PLEASE:/

Answers

Answer:

B

Step-by-step explanation:

the line has no slope

y = 5

Answer:

b

Step-by-step explanation:

Andre is running in an 80-meter hurdle race. There are 8 equally-spaced hurdles on the race track. The first hurdle is 12 meters from the start line and the last hurdle is 15.5 meters from the finish line.

Estimate how far the hurdles are from one another. Explain your reasoning.
Calculate how far the hurdles are from one another. Show your reasoning

Answers

Answer:600 and 3

Step-by-step explanation: I Just know the answer sorry

Answer:

it isnt 600 and 3 it is 32 meters.

Step-by-step explanation: Lol these idiots

PLEASE HELP ME
Carlos needs to buy some new pencils from the school supply store. Carlos asks his classmates if they know the price for pencils. Angela says she bought 2 pencils for $0.50. Paige bought 3 pencils for $0.75, and Spencer bought 4 pencils for $1.00.

Answers

the pencils cost $0.25

Answer:

0.25

Step-by-step explanation:

The answer is 0.25 i think

I need helppp Its due at 2

Answers

Answer:

the first one is 20% im too lazy for the second one

Step-by-step explanation:

Please help me out with this guys

Answers

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

Help please! Due in 30 minutes!

Use complete sentences to answer the following question.

1. Choose one of the properties of exponents (for example, the Power of a Power Rule). Explain how the property works, and provide an example of the property.

Answers

Answer:

Product of a Power: When you multiply exponentials with the same base, you add their exponents (or powers). Power to a Power: When you have a power to a power, you multiply the exponents (or powers). Quotient of Powers: When you divide exponentials with the same base, you subtract the exponents (or powers).

Step-by-step explanation:

Answer:

What is the Power rule?

The Power rule tells us how to differentiate expressions of the form x^nx

n

x, start superscript, n, end superscript (in other words, expressions with xxx raised to any power):

\dfrac{d}{dx}x^n=n\cdot x^{n-1}

dx

d

x

n

=n⋅x

n−1

start fraction, d, divided by, d, x, end fraction, x, start superscript, n, end superscript, equals, n, dot, x, start superscript, n, minus, 1, end superscript

Basically, you take the power and multiply it by the expression, then you reduce the power by 111.

Example: What is the derivative of x2 ?

For x2 we use the Power Rule with n=2:

The derivative of x2 = 2x(2-1)

= 2x1

= 2x

Answer: the derivative of x2 is 2x

Answer the photo thanks!

Answers

Answer:

you are right, 36°

Step-by-step explanation:

angles add up to 180

Kyle purchased some video games for $60. The clerk told him that he will also be charged 8% sales tax on his purchase?

Answers

Answer: 64.80

Step-by-step explanation:

What is the equation of this trend line?


Enter your answers by filling in the boxes.

(DO NOT ANSWER ANYTHING UNRELATED TO THE PROBLEM OR YOU GET REPORTED AND NO BRAINLIST)

Answers

Answer:

The trend line is N = -2M + 110

Step-by-step explanation:

Which graph represents the following system of inequalities ?

Answers

Answer:

It's the bottom one to the left

Step-by-step explanation:

Answer:

Bottom one to the end !

Step-by-step explanation:

Yessir

Given h(x) = -2x + 5, solve for x when h(x) = 3

Answers

Answer:x=5/2-3/2h

Hope this helps

What is the equation of the line that has a slope of 3 and goes through the point (-3,-5)?
A.
y = 3x + 4
B.
y = 3x − 14
C.
y = 3x − 4
D.
y = 3x + 12

Answers

The answer is A. y=3x+4

Answer:

 A. y = 3x + 4

Step-by-step explanation:

got it correct!

Pl help its for a grade

Answers

Answer:

85

Step-by-step explanation:

How do you do 5+5?
I'm serious!
I don't know how to add 5 and 5!
Help!
It's due in .5 seconds!

Answers

Answer:

If you had 5 apples and Johnny gave you five more how much do you have? Lets count

10 OMG 5+5 is 10

Elijah walks home from school several times each week. He walks the 2.8-mile distance at an average rate of
3.3 mph. Let d(t) represent Elijah's distance from home in miles, and let t represent time in hours. Which function
represents Elijah's distance from home in terms of time?

Answers

Answer:

Elijah's" (y cualquier palabra posterior) fue ignorada debido a que hemos restringido las consultas hasta 32 palabras.

Please help due today

Answers

Answer:

60 - 1

120 -2

180 - 3

240 - 4

Step-by-step explanation:

If your heartbeats 60 times per minute, then just increase then it must beat 120 times in 2 minutes

60 - 1

2(60-1)

120 - 2

which of the j values satisfy the following inequality? 10>j+5

choose all that apply
j=3
j=4
j=5

Answers

J=4
J=3
You can see that I can not equal or go over 10 so you plug both of them and it does satisfy the equation

Answer:

All of them

Step-by-step explanation:

Khan 7th Grade, Quiz 3

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