Answer:
Step-by-step explanation:
Answer: it will take 17.5 years to double his money in the account.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $500
A = 500 × 2 = $1000
r = 4% = 4/100 = 0.04
n = 4 because it was compounded 3 times in a year.
Therefore,.
1000 = 500(1 + 0.04/4)^4 × t
1000/500 = (1 + 0.01)^4t
2 = (1.01)^4t
Taking log of both sides, it becomes
Log2 = 4tlog 1.01
0.301 = 4t × 0.0043 = 0.0172t
t = 0.301/0.0172
t = 17.5 years
Step-by-step explanation
b = 2h is given
2 b + h = 4 hours is given sub in the top equation
2 (2h) + h = 4
5h = 4
h = 4/5 hr or 48 minutes
Answer:
speed=3.33m/s
Step-by-step explanation:
speed= distance÷time
3.33 m/s
length = ?
The slope of a line is constant because the acceleration is equal to zero.
The slope of a line is always just (y2-y1)/(x2-x1), so in this case:
m=(-7-6)/(4--6)
m=-13/10
m=-1.3
Answer:
A = $32,652.44
Step-by-step explanation:
Given: Principal (P) = 30,760.08, Annual Rate (R) = 12%, Time (t in years) = 0.5
To find: How much David needs to invest monthly
Formula: 
Solution: To find, simply add principal + interest
First, convert R as a percent to r as a decimal
r = R/100
r = 12/100
r = 0.12 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 30,760.08(1 + 0.12/12)(12)(0.5)
A = 30,760.08(1 + 0.01)(6)
A = $32,652.44
Therefore;
The total amount David will obtain with 30,760.08 for 6 months, 12%is $32,652.44.
