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balandron [24]
3 years ago
13

Suppose $600 is compounded yearly for 20 years. If no other deposits are made, what rate is needed for the balance to triple in

that time? Round your answer to the nearest hundredth of a percent.
Mathematics
1 answer:
denis-greek [22]3 years ago
4 0

Answer:

5.65%

Step-by-step explanation:

Principal=$600

Time=20 years

FV=600*3=$1800

n=1

r=?

r= n[(A/P)^1/nt - 1]

=1{(1800/600)^ 1/1*20 - 1}

={(3)^1/20-1}

=3^0.05-1

=1.0565-1

=0.0565

rate=0.0565*100

=5.65% to the nearest hundredth percent

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Zigmanuir [339]

Answer:

C


Step-by-step explanation:


<u>Job A:</u>

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<u>Job B:</u>

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Solving these 2 equations for d would tell us after how many days both job would pay the same. Answer choice C is correct.

4 0
3 years ago
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A circle is inscribed in a square, as shown in the figure below. The length of
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Answer:

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Step-by-step explanation:

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3 years ago
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The formula for circumference is C= 2(pi)(r)^2. Because diameter is double the radius, and the diameter is 8 ft, the radius is 4 ft. So, plug that into the equation, and you get: C=2(pi)(4)^2. The answer is 32 pi ft. If the question asks for the exact answer, keep the pi as it is, but if it says to round, multiply 32 by pi and round.
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Oksi-84 [34.3K]

Answer:

896

Step-by-step explanation:

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The percentage of those who eat breakfast every morning

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= 0.7 x 100%

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