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Archy [21]
3 years ago
6

Sally invests $5000 in an account earning 8% interest, compounded continuously. After how many years will she double her investm

ent? [Use the formla A = Pert and round answer to the nearest tenth.
Mathematics
2 answers:
Basile [38]3 years ago
8 0

Answer:

8.7 years

Step-by-step explanation:

8.7 years is correct. Plug in 10000 for A, divide both sides by 500, then take the natural logarithm of both sides to get ln(2) = .08t. Divide by .08 to get the answer.

juin [17]3 years ago
6 0
Double is double, so you can solve
.. 2 = 1*e^(.08t)
and get the correct value of t.

Taking logs,
.. ln(2) = .08t
.. ln(2)/.08 = t ≈ 8.7 . . . . years
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Find the slope and y-intercept of the line that is
Vlad [161]

Remark

Perpendicular slopes are found by using the formula m1*m2 = - 1. That is followed by using the given point to determine the y intercept.

Solution

<em><u>Step One</u></em>

Find the slope of the new line

m1 = - 1/3

m2 = ??

m1 * m2 = - 1

(-1/3) * m2 = - 1

You could continue by changing (-1/3) to a decimal.

(-0.3333333333) * m2 = -1    Now divide by the decimal

m2 = - 1/ (-0.3333333333)

m2 = 3 which is what my calculator tells me the answer is.

<u>Step Two</u>

So far what you have is

y = 3x + b

Use the point (-3, -7) to get the y intercept.

-7 = 3(-3) + b

b - 9 = - 7

b = -7 + 9

b = 2

y = 3x + 2 Answer

Graph

The graph shown below is both lines plotted in desmos. The red line is y = 3x + 2 which is perpendicular to the given graph y = (-1/3)x +5 which is in blue.

The green dot is the point (-3 , - 7)


3 0
3 years ago
In a study by Peter D. Hart Research Associates for the Nasdaq Stock Market, it was determined that 20% of all stock investors a
Pani-rosa [81]

Answer:

0.0545 = 5.45% probability that exactly seven are retired people.

Step-by-step explanation:

For each stock investor, there are only two possible outcomes. Either they are retired people, or they are not. Stock investors are independent. This means that we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

20% of all stock investors are retired people.

This means that p = 0.2

a. What is the probability that exactly seven are retired people?

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 7) = C_{20,7}.(0.2)^{7}.(0.8)^{13} = 0.0545

0.0545 = 5.45% probability that exactly seven are retired people.

4 0
3 years ago
You are in charge of creating a billboard advertisement that is 16 feet long and 8 feet tall. You make a scale drawing that is 3
vovikov84 [41]

Answer: 6 inches = 1 inch.

Step-by-step explanation: 16 ft is 192 inches. 192 in/ 32 = 6 so our scale factor is 6 inches = 1 inch.

7 0
3 years ago
The ratio of teachers to students at a school is 3:74. There are 2,500 students at the school. About how many teachers are at th
Alinara [238K]
      
                                   Teachers / Students  =  3 / 74

                                      Teachers  /  2,500  =  3 / 74

To solve a proportion,
you cross-multiply:            Teachers x 74  =  2,500 x 3

Divide each side by  74 :     Teachers  =  2,500 x 3 / 74

                                                                  =  101.4     ===>  101 teachers                                     
7 0
3 years ago
A rectangular field is four times as long as it is wide. if the perimeter of the field is 340 ​yards, what are the​ field's dime
zmey [24]
Let the width of the field =  x.
Then the length = 4x 
Now the perimeter = 2 * length + 2 * width, so we have the equation:-
 2*4x + 2x = 340
8x + 2x = 340
10x = 340
x = 34 yards  = width
4x =  length = 136
Answer: the width is 34 yards and length is 136 yards. 
7 0
3 years ago
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