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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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you rent a canoe for 5$ per hour.Your cost before the tax is added is 12.50. write and solve an equation to find the total numbe
Basile [38]

Answer: The equation is   5x = 12.50   and  you will have the canoe for 2 and half hours or 2 hours 30 minutes.

Step-by-step explanation:

You rent the canoe for 5 dollars per hour and that can be represented by the expression  5x.  After sometime you paid $12.50 meaning that to find the number of hours that you need the canoe, we need to set 5x to equal 12.50.

5x  = 12.50    Solve for x  by divide both sides by 5.

x = 2.5

This means you will need the canoe for 2 and half hours.

8 0
3 years ago
Which of the following expressions is correctly written in scientific notation?
Romashka [77]

Answer:

It's

5.29 x 10^-5

Bcs the scientific notation number has to be around the numbers 1-9 and not more than that.

hope it helps :)

6 0
3 years ago
1. Solve each of the following addition and subtraction problems.
balandron [24]
A. 199

b. -71

c. -2.25

d. 30

e. -18

f. -4

g. 4

h. 7

i. 0
5 0
2 years ago
What number is shown on the graph ?
Natalka [10]
El numero daaaaaaaaa
4 0
3 years ago
22.a) A fruit vendor bought 1948 oranges on a Thursday and sold 750 of them on the same day.
iVinArrow [24]

Answer: Ksh 6144

Step-by-step explanation:

On Thursday, a fruit vendor bought 1948 oranges on a Thursday and sold 750. The number of oranges left will be: = 1948 - 750 = 1198

On n Friday, he sold 240 more oranges than on Thursday. This means the number of oranges sold is: = 240 + 750 = 990.

The number for f oranges left will then be: = 1198 - 990 = 208

On Saturday, he bought 560 more

oranges, the total oranges that the vendor has now will be:

= 208 + 560 = 768

Since sold all the oranges he had at a price of Ksh. 8 each, the amount if money made will be:

= Ksh 8 × 768

= Ksh 6144

The vendor made Ksh 6144

7 0
2 years ago
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