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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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The sum of a number X and 1/2 equal to four which set of equations correctly represents X
tamaranim1 [39]

Answer:

D. 3 1/2

Step-by-step explanation:

Sum means addition (+)

Sum of a number, x and 1/2=4

This means the addition of the two numbers

x+1/2=4

Make x the subject of formula

x=4-1/2

Finding the L.C.M

= 8-1/2

x=7/2

x=3 1/2

4 0
3 years ago
Supply function: 2p-q-63 and the demand function: (p+30)(q+25)=2584. What is the market equilibrium point?
KATRIN_1 [288]
Equilibrium is point where supply = demand

Solve with substitution.

From supply equation ---> q = 2p - 63

Sub into demand equation ---> (p+30)(2p-63+25) = 2584

Solve for p:
2p^2 +22p - 1140 = 2584
p^2 + 11p -1862 = 0
(p+49)(p-38) = 0
p = 38

Sub back into supply equation to find q
q = 2(38) - 63
q = 13

Answer: Equilibrium is 13 units sold at price of $38.
6 0
3 years ago
What is a scale factor?
Blababa [14]

Answer:

Here is some helpful information from my mini lessons.

Step-by-step explanation:

If two objects have the same shape, they are called "similar." When two figures are similar, the ratios of the lengths of their corresponding sides are equal. To determine if the triangles shown are similar, compare their corresponding sides. Here you'll learn that the ratio of the perimeters of similar figures is equal to their scale factor and that the ratio of their areas is equal to the square of their scale factor. If two polygons are similar, then the ratio of the lengths of any two corresponding sides is called the scale factor. This means that the ratio of all parts of a polygon is the same as the ratio of the sides.

3 0
3 years ago
Hello please help! Solve for X.
scoray [572]

Answer:

-6

Step-by-step explanation:

Add 2x-15 to both sides to get 2x=-12 or x = -6.

4 0
3 years ago
Read 2 more answers
Which is closest to the total surface area of a cylinder with a radius of 5 inches and a height that is equal to its diameter?
Pie
For this case, the surface area of the cylinder is given by:
 A = 2 * pi * r * h + 2 * pi * r ^ 2
 Where.
 r: cylinder radius
 h: cylinder height
 Substituting values we have:
 A = 2 * 3.14 * 5 * (2 * 5) + 2 * 3.14 * 5 ^ 2
 A = 471
 Answer:
 
The total surface area of the cylinder is:
 
A = 471
5 0
3 years ago
Read 2 more answers
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