How long will it take $5500 to grow to $7400 at an interest rate of 5% it the interest is compounded continuouslyRound the number of years to the
nearest hundredth
see score

Answers

Answer 1

Answer:

 5.93 years

Step-by-step explanation:

The continuous compounding formula tells you the amount after t years will be ...

  A = Pe^(rt) . . . . principal P compounded continuously at annual rate r for t years

  7400 = 5500e^(0.05t)

  ln(7400/5500) = 0.05t . . . . divide by 5500, take natural logs

  t = 20×ln(74/55) ≈ 5.93

It will take about 5.93 years for $5500 to grow to $7400.


Related Questions

8. Lara invested a total of $1000 in two simple interest accounts. Account A pays
5% annual interest while Account B, pays 6% annual interest. The total interest
she earned after one year was $58. How much did she invest in each account?

Answers

Answer:

$200 at 5%$800 at 6%

Step-by-step explanation:

Let x represent the amount invested at the higher rate. Then 1000-x is the amount invested at the lower rate. The total earnings are ...

  0.05(1000-x) +0.06x = 58

  50 +0.01x = 58 . . . . . . . . . . . simplify

  0.01x = 8 . . . . . . . . . . . . . . . subtract 50

  x = 800 . . . . . . . . . . . . . . . multiply by 100; amount at 6%

  (1000-x) = 200 . . . . . . . find the amount invested at 5%

Lara invested $200 at 5% and $800 at 6%.

Solve the proportion

4
x
=
9
6

Answers

[tex]\huge\text{\bf Hey there!}[/tex]

[tex]\huge\boxed{\mathsf{4x = 96}}\\\\\large\text{DIVIDE 4 to BOTH SIDES}\\\\\huge\boxed{\mathsf{\dfrac{4x}{4} = \dfrac{96}{4}}}\\\\\large\text{CANCEL out: }\rm{\dfrac{4}{4}}\large\text{ because it gives you 1}\\\large\text{KEEP: }\rm{\dfrac{96}{4}}\large\text{ because it helps solve for the x-value}\\\\\large\text{NEW EQUATION: }\huge\boxed{\rm{x = \dfrac{96}{4}}}\\\\\large\text{SIMPLIFY IT\textbf{!}}\\\\\huge\text{x = \bf 24}\\\\\\\huge\text{Therefore, your answer is: \boxed{\textsf{x = 24}}}\huge\checkmark[/tex]

[tex]\huge\textbf{Good luck on your assignment \&}\\\huge\textbf{enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

Ok done. Thank to me:>

At a vehicle dealership 5 cars are sold for 2 trucks. Last year the dealership sold 128 trucks how many cars did they sell?

Pls help this is the hardest one i have

Answers

The answer should be 64 cars sold at the dealership

t•t•t•t•t•t•t rewrite using exponents

Answers

Answer:

t^7

Step-by-step explanation:

there are 7 ts so it is t to the power of 7

A soccer club had 45 players. In a recent push to create more teams, they had a recruiting event. After the event the club had 71 players. Write an equation and solve for the number of players the club gained with the recruiting event.

Answers

Answer:

45+x = 71

26 players were added

Step-by-step explanation:

We start with 45 players

We ended with 71 players

We added x players

45+x = 71

Subtract 45 from each side

45+x-45 = 71-45

x =26

We added 26 players

Let gained players be x

Previous players=45New players=71

ATQ

[tex]\\ \sf{:}\dashrightarrow x+45=71[/tex]

[tex]\\ \sf{:}\dashrightarrow x=71-45[/tex]

[tex]\\ \sf{:}\dashrightarrow x=26[/tex]

f(x) = 1/3x + 1 if x=-18

Answers

Answer:

7

Step-by-step explanation:

1/3*(-18) + 1 = 7

Just plug in the x which is -18, and solve with a calculator.

Hope this helps!

What is the equation of this line?


a.y = 2x

b.y=−12x

c.y=12x

d.y=−2x

Answers

Answer:

Im thinking its y=-2x but Im not 100% sorry if its wrong

What is the next term of the AP √2, √8 , √18 ......?​

Answers

Given terms in an AP are √2,√8,√18

√8 = √(2×2×2) = 2√2

√18 = √(2×3×3) = 3√2

The AP : √2,2√2,3√2

next term = 4√2> √(4×4×2)

⇛ √32

The next term of the AP = √32.

also read similar questions: The next term of the AP root 8, root 18,root 32 is...........

https://brainly.com/question/17287744?referrer

Which term of the AP:3, 8, 13, 18,...,is 78?

https://brainly.com/question/15380012?referrer

graph { (2/3) (2,4) (-3/4)}

Answers

Answer 56

Step-by-step explanation:

Need help with question please!​

Answers

Answer:

You got this just keep trying i know you can do it even if it is really hard

Step-by-step explanation:

Solve for X I will mark brainliest

Answers

ANSWER: x= 3/11

EXPLANATION:
5/6x-1/10x=2/15
= (25x-3x)/30=3/15 (FINDING COMMON DENOMINATORS)
= 22x/30=2/15
= 11x/15=2/15 (SIMPLIFYING THE NUMBERS)
= x=2/15*15/11 (MOVING THE NUMBERS) (11/15 will be 15/11 when it is moved to the other side)
= x=30/165
= x= 2/11 (SIMPLIFYING)

Hope it helps!

solve the inequality 2x+2-6x<32

Answers

x>−15/2

15/2 is a fraction

Simplify.

57.8 – 4.07

Answers

Answer:

53.73

Step-by-step explanation:

The diagram below shows triangle ABC NCDE angle B AC in angle DCA or right angle species congruent to a D proof triangle ABC is congruent to triangle CDA which roles are incorrect and explain

Answers

A. AC≅AC, Reflexive Property of Congruence

Correct. This is shared side of the triangles ABC and CDA

B. ∠ACB≅∠CAD, Alternate Interior Angles Theorem

Correct. BC and AD are parallel and AC is transversal

C. ∠BAC≅∠DCA, Alternate Interior Angles Theorem

Correct. AB and DC are parallel and AC is transversal

D. △ABC≅△CDA, SAS Triangle Congruence Theorem

Incorrect. This should be ASA as we have shown above the angles A and C and included side AC are congruent.

Answer:

The first two entries are correct since they are given. Unless you make a mistake compliling the first cell in a "given" line, they are always correct

Third one is not: they are not angles. They are segments - technically they are the SAME segment, it's in common between the two triangles.

Last one is correct, it's SSA

Help me out Ik you love Algebra as much as I do

Answers

Answer:

                                 pop

                                             yes                   no             total

country            yes                  11                      38              49

                        no                       43                     8                51

                         total                54                     46               100

Hope you understand this haha

The answer is in the file. Hope it helps.

Which of the following fractions can be represented by a terminating decimal?
OA) 8/9
OB)13/8
OC)4/3
OD)6/11

Answers

Answer:

B) 13/8

Step-by-step explanation:

First we need to understand what a terminating decimal is: It is a decimal that has a finite number of decimal values that are not zero, meaning that its decimal values end at some point

Let's go through our possible answers with trial and error:

A) 8/9

8/9 = 0.888888888888...9 (Incorrect)

B) 13/8

13/8 = 1.625 (Correct)

C) 4/3

4/3 = 1.3333333333...4 (Incorrect)

D) 6/11

6/11 = 0.545454545454...54 (Incorrect

13/8 is our answer because in decimal form it is a terminating decimal.

The weights for newborn babies is approximately normally distributed with a mean of 5.5 pounds and a standard deviation of 1.6 pounds.


Consider a group of 800 newborn babies:


1. How many would you expect to weigh between 3 and 8 pounds?


2. How many would you expect to weigh less than 6 pounds?


3. How many would you expect to weigh more than 5 pounds?


4. How many would you expect to weigh between 5.5 and 9 pounds?

Please help and STEP BY STEP PLZ.

Answers

Compute each probability. The strategy is to transform X, a random variable representing the weight of newborns, to another random variable Z that represents the same but scaled quantity so that Z is normally distributed with mean 0 and s.d. 1. To do this, we use the rule

X = 5.5 + 1.6 Z

or

Z = (X - 5.5)/1.6

then use a calculator to compute the probability, or look it up in a table. Multiply this probability by 800 to find the number of newborns in each category.

1.

Pr[3 ≤ X ≤ 8] = Pr[(3 - 5.5)/1.6 ≤ (X - 5.5)/1.6 ≤ (8 - 5.5)/1.6]

… ≈ Pr[-1.5625 ≤ Z ≤ 1.5625]

… ≈ 0.8818

Out of 800 babies, you would expect around 88% of them, or about 705 babies to weight between 3 and 8 pounds.

2.

Pr[X < 6] = Pr[(X - 5.5)/1.6 ≤ (6 - 5.5)/1.6]

… = Pr[Z ≤ 0.3125]

… ≈ 0.6227

Out of 800 babies, around 498 will weigh less than 6 pounds.

3.

Pr[X > 5] = Pr[(X - 5.5)/1.6 > (5 - 5.5)/1.6]

… = Pr[Z > -0.3125]

… ≈ 0.6227

same as (2) due to the symmetry of the distribution (Z is centered at zero). Out of 800 babies, you can expect around 498 in this group.

4.

Pr[5.5 ≤ X ≤ 9] = Pr[(5.5 - 5.5)/1.6 ≤ (X - 5.5)/1.6 ≤ (9 - 5.5)/1.6]

… = Pr[0 ≤ Z ≤ 2.1875]

… ≈ 0.4857

Out of 800 babies, around 388 will weigh between 5.5 and 9 pounds.

For A = {B, C, D} and B = {A, E, I, O, U}, which set is empty?

Answers

Answer:

B is empty

Step-by-step explanation:

This is an urgent matter! Please help!

Answers

Answer:

the answer is c a increasing line

The point (5, -3) is a solution to which system?

A.
y = x - 8
2x + y = 7

B.
y = x + 5
y = x - 3

C.
y = x - 5
y = x + 3

D.
y = x - 8
-2x + y = 7

Answers

Answer:

A

Step-by-step explanation:

Did the test

basically almost finished it just stuck on the last part. The angle of elevation to a nearby tree from a point on the ground is
measured to be 46°. How tall is the tree if the point on the ground is 12 feetfrom the tree? Round your answer to the nearest tenth of a foot if necessary.

Answers

Answer:

12.4 ft

Step-by-step explanation:

Everything is done right so far.

Now to calculate the height of the tree, 12tan46, put the equation into a calculator.

Either a graphing calculator (make sure it is in degrees, not radians),

or the one on your phone (turn your phone landscape in the calculator app to get the trig functions.))

12tan46= 12.4 ft

Kori buys 9 packs of organic milk from the neighborhood store. Each pack is priced at $3.96. How much does Kori spend in all on her purchase?

Answers

Answer:

$35.64

Step-by-step explanation:

9 x 3.96 is 35.64

multiply 9 by 3, then 0.96 and add those answers together.

Answer: 35.64 dollars is your answer

Is the square root of 76 closer to the interger 8 or 9

Answers

9 hope that helps hehdjfjjfjfjjcjcjckckkx

Find the x-intercepts.
y =
2x2 + 5x + 2/
x2 - 4x + 3

Answers

Answer:

[tex]x=-\frac{1}{2}[/tex] and [tex]x=-2[/tex]

Step-by-step explanation:

[tex]f(x)=\frac{2x^2+5x+2}{x^2-4x+3}[/tex]

[tex]0=\frac{2x^2+5x+2}{x^2-4x+3}[/tex]

[tex]0=\frac{(2x+1)(x+2)}{(x-1)(x-3)}[/tex]

[tex]0=(2x+1)(x+2)[/tex]

[tex]2x+1=0[/tex] and [tex]x+2=0[/tex]

[tex]x=-\frac{1}{2}[/tex] and [tex]x=-2[/tex]

Find the value of t for the given values of d and r. d = 286, r = 55

Answers

5r=2x=50x+y2 hope this helps

Does the graph represent a function?

Answers

Answer:

yes, it's a function

Step-by-step explanation:

downward facing parabola

Write the equation to the line parallel to y= 3x – 5 that goes through the point (-2, -7) using any form.

Thank you!

Answers

Answer:

y = 3x - 1

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

y = 3x - 5 ← is in slope- intercept form

with slope m = 3

Parallel lines have equal slopes , then

y = 3x + c ← is the partial equation

To find c substitute (- 2, - 7 ) into the partial equation

- 7 = - 6 + c ⇒ c = - 7 + 6 = - 1

y = 3x - 1 ← equation of parallel line

If the letters in the word NEIGHBOR are
randomly rearranged, what is the probability
that the arrangement ends with the letter B?

Answers

1/8 is the probability.

Help please hhjhhkkkki

Answers

Answer:

000

Step-by-step explanation:

000

Answer:

[tex]$\lim_{x\to 0^+} \tan(x) - \frac{1}{x^2} = -\infty$[/tex]

Step-by-step explanation:

[tex]$\lim_{x\to 0^+} \tan(x) - \frac{1}{x^2} = \lim_{x\to 0^+} \tan(x) - \lim_{x\to 0^+} \frac{1}{x^2} $[/tex]

and

[tex]$\lim_{x\to 0^+} \tan(x) = \tan(0) = 0$[/tex]

[tex]$\lim_{x\to 0^+} \frac{1}{x^2} = +\infty$[/tex]

Therefore,

[tex]$\lim_{x\to 0^+} \tan(x) - \frac{1}{x^2} = -\infty$[/tex]

What is the inverse of the function g(x)=7x+3/x-5?

Answers

Answer:

g(x) = (5x + 3)/ x - 7

Step-by-step explanation:

Let g(x) = y

y = (7x + 3)/x - 5

Make x the subject

xy - 5y = 7x + 3

xy - 7x = 5y + 3

x(y - 7) = 5y + 3

x = (5y + 3)/ y - 7

Therefore, the inverse of the function = (5x + 3)/ x - 7

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