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Andrei [34K]
1 year ago
6

Joy wants to invest $3000 in a savings account. Determine the interest rate (simple interest) required for Joy 's investment to

double in value in 18 years. Round your answer to the nearest tenth of a percent.
Mathematics
1 answer:
Dmitry_Shevchenko [17]1 year ago
4 0

The interest rate needed to double the investment in 18 years is  6%.

<h3>What is the interest rate?</h3>

Interest earned is a function of the amount invested, interest rate and time. The future value of the investment is to be $6000 (3000 x 2). Interest earned would be $3000 (6000 - 3000)

Interest rate = interest earned / (amount invested x time )

$3000 / ($3000 x 18) = 6%

To learn more about simple interest, please check: brainly.com/question/27328409

#SPJ1

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F⃗ (x,y)=−yi⃗ +xj⃗ f→(x,y)=−yi→+xj→ and cc is the line segment from point p=(5,0)p=(5,0) to q=(0,2)q=(0,2). (a) find a vector pa
DerKrebs [107]

a. Parameterize C by

\vec r(t)=(1-t)(5\,\vec\imath)+t(2\,\vec\jmath)=(5-5t)\,\vec\imath+2t\,\vec\jmath

with 0\le t\le1.

b/c. The line integral of \vec F(x,y)=-y\,\vec\imath+x\,\vec\jmath over C is

\displaystyle\int_C\vec F(x,y)\cdot\mathrm d\vec r=\int_0^1\vec F(x(t),y(t))\cdot\frac{\mathrm d\vec r(t)}{\mathrm dt}\,\mathrm dt

=\displaystyle\int_0^1(-2t\,\vec\imath+(5-5t)\,\vec\jmath)\cdot(-5\,\vec\imath+2\,\vec\jmath)\,\mathrm dt

=\displaystyle\int_0^1(10t+(10-10t))\,\mathrm dt

=\displaystyle10\int_0^1\mathrm dt=\boxed{10}

d. Notice that we can write the line integral as

\displaystyle\int_C\vecF\cdot\mathrm d\vec r=\int_C(-y\,\mathrm dx+x\,\mathrm dy)

By Green's theorem, the line integral is equivalent to

\displaystyle\iint_D\left(\frac{\partial x}{\partial x}-\frac{\partial(-y)}{\partial y}\right)\,\mathrm dx\,\mathrm dy=2\iint_D\mathrm dx\,\mathrm dy

where D is the triangle bounded by C, and this integral is simply twice the area of D. D is a right triangle with legs 2 and 5, so its area is 5 and the integral's value is 10.

4 0
3 years ago
Please help me asap​
Leto [7]
1. D 12 2/7
2. 22 7/9 which is B hope this helps
7 0
3 years ago
8 over 15? is it closer to 0, 1 over 2 or 1
ruslelena [56]
8/15 is about 0.53
It would be closer to 1/2 or 1 over 2
4 0
3 years ago
Read 2 more answers
Estimate 815-281 to get the answer
Damm [24]

Answer:800-300

Step-by-step explanation:

since there is a 1 after the 8 it would go down to 800 and there is a 8 after the 2 so it would go up to 300

4 0
3 years ago
Read 2 more answers
The weight of baby goats is believed to be Normally distributed, with a mean of 5.75 pounds. The average weight of a random samp
Julli [10]

Answer:

The standard error of the mean is 0.0783.

Step-by-step explanation:

The Central Limit Theorem helps us find the standard error of the mean:

The Central Limit Theorem estabilishes that, for a random variable X, with mean \mu and standard deviation \sigma, a large sample size can be approximated to a normal distribution with mean \mu and standard deviation \frac{\sigma}{\sqrt{n}}.

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So

SE_{M} = \frac{\sigma}{\sqrt{n}}

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The standard error of the mean is 0.0783.

7 0
3 years ago
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