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
ANEK [815]
3 years ago
9

*Will give brainliest. $1,500 is invested into an account with an interest rate of 6.75%. How many years will it take for the ac

count to reach $7,300? Round to the nearest hundredth
Mathematics
1 answer:
algol [13]3 years ago
7 0
The formula of a continuous compound interest is
A=p e^rt
A future value 7300
P present value 1500
E constant
R interest rate 0.0675
T time?
Solve the formula for t
T=[log (A/p)÷log (e)]÷r
T=(log(7,300÷1,500)÷log(e))÷0.0675
T=23 years
You might be interested in
At this rate, would a person your age (18 years old) have contributed a ton of garbage? On average, how long does it take for ea
Sloan [31]

Answer: Yes. On average, it takes about 455 days for 1 person to throw away 1 ton of garbage, so just over 1 year.

Step-by-step explanation: The average person throws away 4.4 pounds of trash daily. So, the way to figure this out is 2,000 divided by 4.4 to find out the number of days it would take to throw away 2,000 pounds of trash.

6 0
3 years ago
What is the area of rectangle abcd with 12 in length and 4 in width
nikitadnepr [17]

Answer: It would be

A=48    

5 0
3 years ago
Read 2 more answers
Geometry !!! Pls help it’s timed!!
DENIUS [597]

Answer:

the answer is the first choice .

6 0
2 years ago
Solve for y, where v is a real number.<br> Vu+ 7 = 8
Blababa [14]
V is a real number Because v is 1 which will tell you you came from 7 to 8 which was a 1 jump .
8 0
3 years ago
Read 2 more answers
Kathi and Robert Hawn had a pottery stand at the annual Skippack Craft Fair. They sold some of their pottery at the original pri
Vinil7 [7]

Answer:

The number sold at $12.50 is  25

The number sold at $9.50 is 62

Step-by-step explanation:

Hi, to answer this question we have to write a system of equations:

x 12.50 + y 9.50=901.50

x+y= 87

Where

x= number of pottery pieces sold

y= number of pottery pieces sold at a decreased price  

Multiplying the second equation by 9.50, and subtracting the second equation to the first equation:

12.50 x + 9.50y = 901.50

-

9.50 x+ 9.50 y= 826.5

__________________

3 x = 75

Solving for x

x =75/3

x = 25

Replacing x=25 on any equation:

x+y= 87

25+y =87

y=87-25

y= 62

5 0
3 years ago
Other questions:
  • Can someone help me solve for b? 2(b + 3) = 12
    5·2 answers
  • What is 2 3/4 × 1 5/6 =
    9·2 answers
  • Which relationship between x and y in the equation shows a proportional relationship?
    6·2 answers
  • A rectangular rug has a perimeter of 220 feet. The width of the rug is two feet less than the length. Find the length and the wi
    6·1 answer
  • A cup of tea with initial temperature of I = 85C^(circ) is left in the room with a constant temperature A = 21^(circ). In one mi
    11·1 answer
  • {25 POINTS]
    13·1 answer
  • Which of the following describes the zeroes of the graph of f(x) = –x^5 + 9x^4 – 18x^3?
    11·1 answer
  • Two carpenters are building a fence after 5 minutes,one carpenter is finished 4/7 of the way an the other is finished 1/8 of the
    6·1 answer
  • Four family members compared their ages. Terell is 3 years younger than Danny. Danny is 1 year younger than Pablo. Pablo's age i
    5·1 answer
  • In triangle RST, SQ=8 and QT=12. Find SW and UQ
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!