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Aloiza [94]
3 years ago
14

Elaine has invested $575 in a stock that is expected to double every 8 years. What will be the value of the stock in 16 years?

Mathematics
2 answers:
Romashka-Z-Leto [24]3 years ago
5 0

Answer:

The correct option is D.

Step-by-step explanation:

Sloan [31]3 years ago
4 0
The correct option is D.
The initial value of the stock is $575 and it doubles every 8 years, this means that, in the next eight year the value of the stock will be 2 * 575 = $1150.
This amount too will double in the next eight year and the value will become 2* 1150 = $2,300.
Therefore, in 16 years time the share will be worth $2,300.00. 
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Determine the time necessary for P dollars to double when it is invested at interest rate r compounded annually, monthly, daily,
kipiarov [429]

9514 1404 393

Answer:

  • annually: 9.01 years
  • monthly: 8.69 years
  • daily: 8.67 years
  • continuously: 8.66 years

Step-by-step explanation:

For interest compounded in discrete intervals, the formula is ...

  A = P(1 +r/n)^(nt)

We want to find t for P=1 and A=2, so we have ...

  2 = (1 +r/n)^(nt)

  ln(2) = nt·ln(1+r/n)

  t = ln(2)/(n·ln(1+r/n))

A table of values for r=0.08 is attached.

__

For continuous compounding, the formula is ...

  A = Pe^(rt)

  t = ln(A/P)/r = ln(2)/0.08 ≈ 8.66434 . . . . years

__

  • annually: 9.01 years
  • monthly: 8.69 years
  • daily: 8.67 years
  • continuously: 8.66 years

5 0
2 years ago
If ax2 + bx + c = 0, then x= ? (Hint: Quadratic Formula)
Finger [1]

Answer:

x = ± \sqrt{\frac{b^{2} -4ac}{2a}

It didn't insert but just look up the quadratic formula.  

x = ± root [(b²-4ac]/2a]

3 0
3 years ago
Los jornales de dos obreros suman S/.60. Si uno de ellos gana S/.12
8_murik_8 [283]

Answer:

Cada uno de ellos gana:

S/. 24

S/. 36

Step-by-step explanation:

Planteamiento:

a + b = 60

a = 12 + b

Desarrollo:

sustituyendo el valor de la segunda ecuación del planteamiento en la primer ecuación del planteamiento:

(12+b) + b = 60

2b + 12 = 60

2b = 60 - 12

2b = 48

b = 48/2

b = 24

de la segunda ecuación del planteamiento:

a = 12 + b

a = 12 + 24

a = 36

Check:

24 + 36 = 60

5 0
3 years ago
Help! please give steps :) thanks 20pts
luda_lava [24]
Hello,
26.
period=4
max=3
min=-3

27:
p=8
max=5
min=0

28:
p=8
max= 4 (twice)
min=-4 (twice)


8 0
3 years ago
Read 2 more answers
Find the area of the trapezoid to the nearest tenth.
erica [24]

Answer:

2.2 metres squared

Step-by-step explanation:

We need to find the area of this trapezoid.

The area of a trapezoid is denoted by:

A=\frac{(b_1+b_2)h}{2}, where b_1 and b_2 are the parallel bases and h is the height

Here, we already know the lengths of the two bases; they are 0.9 metres and 2.3 metres. However, we need to find the length of the height.

Notice that one of the angles is marked 45 degrees. Let's draw a perpendicular line from top endpoint of the segment labelled 0.9 to the side labelled 2.3. We now have a 45-45-90 triangle with hypotenuse 2.0 metres. As one of such a triangle's properties, we can divide 2.0 by √2 to get the length of both legs:

2.0 ÷ √2 = √2 ≈ 1.414 ≈ 1.4

Thus, the height is h = 1.4 metres. Now plug all these values we know into the equation to find the area:

A=\frac{(b_1+b_2)h}{2}

A=\frac{(0.9+2.3)*1.4}{2}=2.2

The answer is thus 2.2 metres squared.

<em>~ an aesthetics lover</em>

8 0
3 years ago
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