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Sergio [31]
2 years ago
5

How+long+will+it+take+for+$2900+to+grow+to+$25,600+at+an+interest+rate+of+10.4%+if+the+interest+is+compounded+quarterly?+round+t

he+number+of+years+to+the+nearest+hundredth.+group+of+answer+choices
Mathematics
1 answer:
vovikov84 [41]2 years ago
4 0

The number of years to the nearest hundredth is t = 21 years and 3 months.

<h3>What is compound interest?</h3>

It is defined as the interest on the principal value or deposit and the interest which is gained on the principal value in the previous year.

We can calculate the compound interest using the below formula:

\rm A = P(1+\dfrac{r}{n})^{nt}

Where A = Final amount

          P = Principal amount

          r  = annual rate of interest

          n = how many times interest is compounded per year

          t = How long the money is deposited or borrowed (in years)

It is given that:

A = $25,600

P = $29,00

r = 10.4 = 0.104

n = 4

\rm 25600 = 2900(1+\dfrac{0.104}{4})^{4t}

After solving:

t = 21.212 years

Or

t = 21 years and 3 months

Thus, the number of years to the nearest hundredth is t = 21 years and 3 months.

Learn more about the compound interest here:

brainly.com/question/26457073

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What expression is equivalent to 5 to the 6th power?PlZZZ HElP
Akimi4 [234]

Answer:

5^6 = 125 * 125

Step-by-step explanation:

The given expression can be represented as:.5⁶

Required

Find equivalent expression

5^6

Express 6 as 3 + 3

5^6 = 5^{3+3}

Apply the following law of indices

a^{m+n} = a^m * a^n

So, we have:

5^6 = 5^{3} * 5^{3}

Express 5^3 as 125

5^6 = 125 * 125

Hence, option (b) is equivalent

8 0
3 years ago
a space shuttle can travel 18000 miles per hour in orbit. at this rate how far cam it travel in 24 hours
Korolek [52]
Divide 18000 by 24= get a calculater
7 0
3 years ago
HELP AND EXPLAIN
omeli [17]

The relative frequency of 15/24 for this considered situation represents the situation given by: Option C: Out of all the family members that prefer a lake, 15 are children.

<h3>How to find the relative frequency?</h3>

Relative frequency is the ratio of the considered sub group's count to the total count. (so its frequency of the considered sub group relative to the total frequency). (subgroup being group defined by a row, or a column)

<h3>How to form two-way table?</h3>

Suppose two dimensions are there, viz X and Y. Some values of X are there as X_1, X_2, ... , X_n and some values of Y are there as Y_1, Y_2, ... , Y_n

List them in title of the rows and left to the columns. There will be n \times k table of values will be formed(excluding titles and totals), such that:

Value(ith row, jth column) = Frequency for intersection of X_i and Y_j (assuming X values are going in rows, and Y values are listed in columns).

Then totals for rows, columns, and whole table are written on bottom and right margin of the final table.

For n = 2, and k = 2, the table would look like:

\begin{array}{cccc}&Y_1&Y_2&\rm Total\\X_1&n(X_1 \cap Y_1)&n(X_1\cap Y_2)&n(X_1)\\X_2&n(X_2 \cap Y_1)&n(X_2 \cap Y_2)&n(X_2)\\\rm Total & n(Y_1) & n(Y_2) & S \end{array}

where S denotes total of totals, also called total frequency.

n is showing the frequency of the bracketed quantity, and intersection sign in between is showing occurrence of both the categories together.

The given two-way frequency table is:

                                        Lake                  Hike                       Total

Children                                                       6

Adults                                 9

Total                                                             14                            38

Total of hike subgroup is 14, out of which children are 6, so adults going for hiking must be 14 - 6 = 8 as adults and children going for hiking together are 14 in counts.

So, we get:
n(Hike ∩ Children) = 8

Thus, the total of subgroup Adults is 9+8=17 = n(Adults)

Total of vertical total columns is: n(Children) + n(Adults) = 38

or, we get: n(Children) = 38 - 17=  21

Since total of children subgroup is:

n(Lake ∩ Children) + n(Hike ∩ Children) = n(Children)

Thus, we get:
n(Lake ∩ Children) + 6 = 21

n(Lake ∩ Children) = 21-6 = 15

Thus, sum of the 'lake' subgroup is:

n(Lake) = n( Lake ∩ Children) + n(Lake ∩ Adults)

n(Lake) = 15 + 9 = 24

Thus, the completed two-way table is:

                                        Lake                  Hike                       Total

Children                             15                        6                             21

Adults                                 9                         8                             17

Total                                   24                       14                            38

Now, we've to find what does 15/24 represents.

The division is done by 24, which is the total of "lake" subgroup.

And in that lake subgroup, we have:

n(Lake ∩ Children) = 15

Thus, 15/24 is the relative frequency of those children who prefer the lake, relative to total number of people who prefer lake.

Thus, the relative frequency of 15/24 for this considered situation represents the situation given by: Option C: Out of all the family members that prefer a lake, 15 are children.

Learn more about conditional relative frequency here:

brainly.com/question/8358304

Learn more about two-way table here:

brainly.com/question/26788374

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3 0
2 years ago
List each term of the domain
tangare [24]

Answer:

Domain: {-4, -3, 1 }

Step-by-step explanation:

As we know that domain of a relation basically consists of all the first elements or x-coordinates of order pairs.

As the relation is : {(-4, 3), (-4, 4), (-3, 1), (1, 1)}

So,  

         Domain: {-4, -3, 1 }

Note: We can not duplicate an element when we determine the domain of any relation. As -4 was present in first and second order pairs i.e. (-4, 3), (-4, 4). But, we have to write it only once when we write the domain of any relation.

So, the domain will be listed as:

                                       Domain: {-4, -3, 1 }

Keywords:  domain, relation

Learn more about domain from brainly.com/question/7783748

#learnwithBrainly

3 0
3 years ago
What is the area of this?
Feliz [49]

Answer:

<em>49 cm²</em>

Step-by-step explanation:

4 0
3 years ago
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