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olganol [36]
3 years ago
5

How long does it take to double a $1,000 investment that pays 6.5% annual interest, compounded monthly?

Mathematics
2 answers:
Sladkaya [172]3 years ago
7 0

Answer:

Part one: is b

Part two is 11 years

Step-by-step explanation:

ahrayia [7]3 years ago
3 0
2p=p(1+0.065/12)^12t
2=(1+0.065/12)^12t
Solve for t
T= [log(2)/ log(1+0.065/12)] /12
T= 10.7 years or if you want to round it would be 11

Answer: 10.7 years or 11 years

Answer: You can use the compound interest formula: A=P(1+interest)^n

A=the new capital
P=the capital invested
n= the #of monthly


Hope this helps (:
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Find the first, fourth, and tenth terms of the arithmetic sequence described by the given rule
Sergeeva-Olga [200]

Answer:

First term: 5

Fourth term: 5 1/2

Tenth term: 6 1/2

Step-by-step explanation:

Let's find the first, fourth and tenth terms of the arithmetic sequence described by the given rule:

A(n) = 5 + (n-1) (1/6)

First term:

A(1) = 5 + (1-1) (1/6)

A(1) = 5 + (0) (1/6)

A(1) = 5

Fourth term:

A(4) = 5 + (4-1) (1/6)

A(4) = 5 + (3) (1/6)

A(4) = 5 + 3/6 = 5 3/6 = 5 1/2 (simplifying)

Tenth term:

A(10) = 5 + (10-1) (1/6)

A(10) = 5 + (9) (1/6)

A (10) = 5 + 9/6 = 6 3/6 = 6 1/2 (simplifying)

5 0
3 years ago
How much does 1 yard equal??
zhenek [66]
1 yd equals 3 feet. 1 yd equals 36 inches.
5 0
3 years ago
Factorise fully 12x³ - 30x²​
MariettaO [177]

Answer:

6x² (2x - 5)

Step-by-step explanation:

12x³ - 30x²

= 6x² (2x - 5)

5 0
3 years ago
Write the equation of a line in slope intercept form that is perpendicular to the line y = –4x and passes through the point (2,
Gnesinka [82]

1. If the line that we are searching for is perpendicular to the line y = -4x, this means that the gradient of our line and the gradient of the perpendicular line will multiply to give -1. Thus if we call the gradient of our line m, then:

m*(-4) = -1

-4m = -1

m = 1/4

2. Since we know that m = 1/4 and we have a point (2,6) on our line, we can use the formula y - y1 = m(x - x1) to find the equation of our line, where (x1, y1) is the coordinates of a point on the line. Thus:

y - y1 = m(x - x1)

y - 6 = (1/4)(x - 2)

y - 6 = (1/4)x - 2/4 (Expand (1/4)(x - 2))

y = (1/4)x - 1/2 + 6 (Simplify 2/4 and add 6 to each side)

y = (1/4)x + 11/2 (Evaluate -1/2 + 6)

Slope-intercept form is given by y = mx + c. As our equation is already in this form, there is nothing more to do. Thus, the answer is y = (1/4)x + 11/2

6 0
3 years ago
What is 15=-3y+21x in slope intercept form?
sweet [91]
Slope intercept form = Y = Mx + B

15 = -3y + 21x

3y = 21x - 15

Y = 21/3 X - 15/3

Y = 7x - 5 = SI Form
7 0
4 years ago
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