1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
juin [17]
3 years ago
8

Suppose you invest $2000 at an annual interest rate of 4.5%. how long will it take for it to earn $495?

Mathematics
1 answer:
Neko [114]3 years ago
3 0
100%:2000$=4.5%:x$, x=90$. After 1st year I earned 90$, now I have 2090$.
100%:2090$=4.5%:x$, x=94.5$. After 2nd year I earned 94.5$ more, now I have 2184.05$.
100%:2184.05$=4.5%:x$, x=98.28$. After 3rd year I have 2282.33$.
100%:2282.33$=4.5%:x$, x=102.71$. After 4th year I have 2385.04$.
100%:2385.04$=4.5%:x$, x=107.33$. After 5th year I have 2492.37$.

So I need 6 years to earn 495$.
You might be interested in
PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU BRAINLIEST!!!!!! PLSSS HELPPPP I WILLL GIVE YOU B
leonid [27]

Answer:

3 times greater

Step-by-step explanation:

6.7 x 10 to the 6 = 6700000

2x 10 to the 7 = 20000000

20000000/6700000 = 2.98507462687

Rounded - 3

6 0
3 years ago
The coordinates of △ABC are A(12,8), B(10,18), C(4,16). After a dilation, the coordinates are A'(6,4), B'(5,9), C'(2,8). Find th
melomori [17]

Answer: B  1/2

Step-by-step explanation:

5 0
3 years ago
2. Point B is located at (-4,5). The midpoint of line segment BD is point c(-1,0). What are the coordinates
andreev551 [17]

Answer:D is 0,-5

Step-by-step explanation:

8 0
3 years ago
University officials say that at least 70% of the voting student population supports a fee increase. If the 95% confidence inter
baherus [9]

Answer:

The interval estimate is above 70%, so infer that it will be supported.

Step-by-step explanation:

The evidence that 95% confidence interval estimating the proportion of students supporting the fee increase is [0.75, 0.85] supports university officials' claim that at least 70% of the voting student population supports a fee increase.

Therefore we can infer that a fee increase will be supported.

4 0
3 years ago
David has 6 blue shirts and 4 red shirts. Write the ratio of David's red shirts to
klasskru [66]

Answer:

4/10= 2/5

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Find all real square roots of −81 .
    9·1 answer
  • A scientist finds the distances d that two snakes travel in a time of t seconds. the equation 16t = d represents the relationshi
    5·1 answer
  • The stem plot shows the number of swimming laps completed by swim team members at a single practice.
    14·1 answer
  • N-8=-4+5n solve for n.
    15·1 answer
  • Analyze the diagram below and complete the instruction that follow.
    13·2 answers
  • Q1 How many whole numbers less than 1000 can be written as a product of 3 consecutive whole numbers?
    5·1 answer
  • Elijah walked 6 miles in 3 hours.what was his walking rate in hours per miles?
    11·1 answer
  • Help a fellow out please
    15·1 answer
  • A. X/3-2=6 b.x/5+1=5
    5·1 answer
  • A polygon with both equal angles and equal sides is called
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!