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Ipatiy [6.2K]
3 years ago
13

How long will it take $5,000 to double in an account that pays 1.6% simple interest?

Mathematics
1 answer:
forsale [732]3 years ago
4 0

Answer:

43.667 years

Step-by-step explanation:

Simple Interest Rate Formula: A = P(1 + r)ⁿ

Step 1: Define variables

A = 10,000

P = 5,000

r = 0.016

n = unknown

Step 2: Substitute variables

10,000 = 5,000(1 + 0.016)ⁿ

Step 3: Solve for <em>n</em> time

2 = (1.016)ⁿ

\log_{1.016}2

43.667 years

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The school that Lisa goes to is selling tickets to the annual talent show. On the first day of ticket sales the school sold 4 se
kakasveta [241]
Let:
x = cost of senior citizen ticket
y = cost of student ticket

4x + 5y = 102
7x + 5y = 126

4x + 5y = 102
4x = 102 - 5y
x = (102 - 5y)/4
x = 102/4 - 5y/4

7x + 5y = 126
7(102/4 - 5y/4) + 5y = 126
(714/4 - 35y/4) + 5y = 126
-35y/4 + 5y = 126 - 714/4

note:
-35y/4 = -8.75y
714/4 = 178.5

-8.75y + 5y = 126 - 178.5
-3.75y = -52.5
y = -52.5/-3.75
y = 14


x = 102/4 - 5y/4
x = 102/4 - 5(14)/4
x = 8

x = cost of senior citizen ticket = $8/ea
y = cost of student ticket = $14/ea



6 0
2 years ago
Help me please and thank you
Fittoniya [83]

There are 650 toothpicks in a regular sized box.

That is the volume of the box = 650 toothpicks

Jumbo box is made by doubling all the dimensions.

We know volume = length * width * height = L*W*H

We double all the dimensions for Jumbo box

L becomes 2L

W become 2W

H becomes 2H

Volume of Jumbo box = 2L * 2W * 2H = 8*L*W*H

Volume of jumbo box = 8 * volume of small box

= 8 * 650= 5200

The Jumbo box holds 5200 toothpicks .

7 0
3 years ago
What is the interior angle of a regular 25 gon
OLga [1]

Answer:

schläfli symbol {50}, t{25}

Coxeter diagram  

Symmetry group Dihedral (D50), order 2×50

Internal angle (degrees) 172.8°

5 more rows

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
1. r-8/5=-4/11<br> 2. 9a/a+4= 3/5
BigorU [14]

Answer:

1 r= 68/55

2 no solution

Step-by-step explanation:

3 0
3 years ago
Carbon-14 has a half-life of 5730 years. In a plant fossil, you find that the 14C has decayed to 1/8.00 of the original amount.
drek231 [11]
Note that 8.00 = (2.00)^3, that implies that a decay to 1/8.00 means that the Carbon-14 has passed 3 half-life. (1 to decay to 1/2, other to decay to 1/4, and other to decay to 1/8). And, three half-life is 3 * 5730 years = 17,920 years. So,<span> the answer is that the plant was alive 17,920 years.</span>
7 0
3 years ago
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