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
charle [14.2K]
3 years ago
7

On your tenth birthday, you received 500 which you invested at 9.5% interest, compounded annually. your investment is worth $250

0. how old are you today?
Mathematics
1 answer:
igomit [66]3 years ago
6 0
Compounded once a year: A=P(1+r)^t
2500=500(1+0.095)^t
1.095^t=5
because the unknown number is an exponent, use log to find the unknown:
log(1.095^t)=log5
tlog1.095=log5
t=log5/log1.095
use your calculator, t=17.734
so this person is about 28 years old.
You might be interested in
.chris p. bacon worked 44 hours last week and gets double time pay for overtime. his regular pay is $14 per hour. how much was h
masha68 [24]

The total paycheck for the week is of $672 as Chris bacon work for 44 hours last week, regular pay $14 per hour and double time pay for overtime.

As given,

Regular pay per hour = $14

Overtime work payment= 2 × ($14)

Total hours work done last week = 44hours

Let regular timing be 8 hours per day 5 days a week

Total regular working hours = 8 × 5

                                           = 40 hours

Over time = 44-40

                = 4 hours

Payment check = (40 × 14)+ (4 × 28)

                         = $672

Therefore, The total paycheck for the week is of $672 as Chris bacon work for 44 hours last week.

Learn more about work here

brainly.com/question/18094932

#SPJ4

8 0
2 years ago
Gravity Hospital purchased a new item of equipment on January 1,20X1. The equipment has an estimated useful life of ten years an
qaws [65]

Answer:

  $25000

Step-by-step explanation:

If the salvage value is 20% of the cost, then 80% of the cost will be depreciated over 10 years. Over the 5 years from Jan 1 20X1 to Dec 31 20X5, the $10,000 accumulated depreciation represents 5/10 of that 80%, or 40% of the initial cost.

  $10,000 = 0.40 × cost

  $10,000/0.40 = cost = $25,000

The acquisition cost of the equipment was $25,000.

8 0
3 years ago
What is the sum of the first 6 terms of this geometric sequence? –4, –16, –64, –256, …
MatroZZZ [7]

a_1=-4;\ a_2=-16;\ a_3=-64;\ a_4=-256;\ ...\\\\r=\dfrac{a_{n+1}}{a_n}\to r=\dfrac{a_2}{a_1}\to r=\dfrac{-16}{-4}=4

The formula of the sum of a geometric sequence:

S_n=a_1\cdot\dfrac{1-r^n}{1-r}

We have:

a_1=-4;\ n=6;\ r=4

substitute:

S_6=-4\cdot\dfrac{1-4^6}{1-4}=-4\cdot\dfrac{1-4096}{-3}=-4\cdot\dfrac{-4095}{-3}=-4\cdot1365=-5460

Answer: C. -5460

6 0
4 years ago
Is paid an annual salary of $26,000. Find the Pat's weekly salary
elena-s [515]

Answer:500

Step-by-step explanation:26,000/52=500 i did<em> $26,000</em> divided by 52 because there are<em> </em><em>52 weeks in a year</em> and it gave me <em>500</em> so that is how i got the answer

8 0
3 years ago
Read 2 more answers
Somebody help me plzz
Alex Ar [27]

Answer:

60

Step-by-step explanation:

straight line =180

180-120=60

6 0
3 years ago
Read 2 more answers
Other questions:
  • the ratio of girls to boys in the math club was 3.5. if there were 120 children altogether, how many girls were there?
    7·1 answer
  • Anyone ...Pls solve
    13·1 answer
  • If given f(x) = –4x – 2 and g(x) = 2x, what is (f · g)(x)?
    9·1 answer
  • Complete each order pair so that it is a solution of the given linear equation.
    7·1 answer
  • What is your slope of the line that contains the points (4,3) and (2,7)?
    5·2 answers
  • Evaluate 2 - (-4) + 3 + (-6) - (-2)
    13·1 answer
  • These triangles are similar.<br> True<br> Or<br> False
    14·1 answer
  • Select the procedure that can be used to show the converse of the Pythagorean theorem using side lengths chosen from 6 cm, 8 cm,
    7·2 answers
  • HELP ME ANSWER THIS QUESTION ILL GIVE BRAINLIEST!!!
    9·1 answer
  • Find the mean of the following numbers:<br> 12<br> 1<br> 10<br> 9<br> 3<br> 4<br> 9 <br> 7<br> 9
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!