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kicyunya [14]
3 years ago
8

Curtis wants to save money for a trip overseas. Curtis invests $900 in an account that pays an interest rate of 8.75%. How many

years will it take for the account to reach $11,700? Round your answer to the nearest hundredth.
Mathematics
2 answers:
professor190 [17]3 years ago
7 0
Hi there
The formula is
A=p (1+r)^t
A future value 11700
P present value 900
R interest rate 0.0875
T time?
We need to solve for t
T=log (A/p)÷log (1+r)
So
T=log(11,700÷900)÷log(1+0.0875)
T=30.6years round your answer to get
T=31 years

Hope it helps
Papessa [141]3 years ago
3 0
For Plato users... the answer is actually 30.58. 
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Plz help!! Given: DE is a midsegment of ABC. Show all work.
topjm [15]

Answer:

AC=14

X=10

Y=1

Hoped this helped!

Step-by-step explanation:

DE is half of BC, therefore x=10. AE and EC have to be the same length, which is 7. SO, y=1 and x is 10.

5 0
2 years ago
Suppose f and g are continuous functions such that g(6) = 6 and lim x → 6 [3f(x) + f(x)g(x)] = 45. Find f(6).
aleksandr82 [10.1K]
Since g(6)=6, and both functions are continuous, we have:

\lim_{x \to 6} [3f(x)+f(x)g(x)] = 45\\\\\lim_{x \to 6} [3f(x)+6f(x)] = 45\\\\lim_{x \to 6} [9f(x)] = 45\\\\9\cdot lim_{x \to 6} f(x) = 45\\\\lim_{x \to 6} f(x)=5


if a function is continuous at a point c, then lim_{x \to c} f(x)=f(c), 

that is, in a    c ∈  a continuous interval, f(c) and the limit of f as x approaches c are the same.


Thus, since lim_{x \to 6} f(x)=5, f(6) = 5


Answer: 5


7 0
3 years ago
Carlos has at most $40 to spend on food for a barbeque. He wants to buy hot dogs and hamburgers and then
poizon [28]

Answer:

$8.50

Step-by-step explanation:

I don't know what Alls are, but if Carlos insists, we can calculate how much he can spend on Alls with the expression:

($31.50) + r \leq $40

This says the sum of what Carlos has already spent (hot dogs and hamburgers) plus the amount he spends on Alls (rolls?), r,  must be equal to or less than the $40 he has allowed himself to spend.

($31.50) + r \leq $40

r  \leq $40 - $31.50

r \leq $8.50

3 0
1 year ago
Find the amount of the annuity.
Montano1993 [528]
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT payment 6200
r interest rate 0.06
K compounded semiannual 2
N time 5 years
Fv=6,200×(((1+0.06÷2)^(2×5)) ÷(0.06÷2))=277,742.72

Hope it helps
5 0
3 years ago
Why is 1/8 greater than 1/10 but less than 1/3
zzz [600]

because the bigger the bottom or left number is the smaller the value unless t was like 10/10 that's bigger than them all
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