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Reptile [31]
3 years ago
13

You invest $6000 into an account paying 3.75% annual interest compounded bimonthly(every 2 months), and you want to have $10,000

saved for your first year of college. How long will it take for your investment to grow that large? Round your answer to the nearest whole number.
Mathematics
1 answer:
Effectus [21]3 years ago
4 0
The formula is
A=p (1+r/k)^kt

A future value 10000
P present value 6000
R interest rate 0.0375
K compounded every two months 6
T time?

We need to solve for t
T= [log (A/p)÷log (1+r/k)]÷k
T=(log(10,000÷6,000)÷log(1+0.0375÷6))÷6
T=13.7 years
Round your answer to get
T=14 years
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Expand (n+5)^2 by rewriting the expression a multiplication of n 5 by itself and using the FOIL
damaskus [11]
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Now we use FOIL to rewrite the expression.

FOIL is:
First
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That's the order we will be distributing the variables in the parentheses.

n^{2} + 5n +5n +25

Combine like terms:
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That's your final answer.

Hope that helps.

8 0
3 years ago
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6 0
3 years ago
Noah ran around the track two times. How far did he run in feet? Round your answer to the nearest whole number.
AfilCa [17]

Answer:

237 feet

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8 0
3 years ago
A rectangular prism has the following dimensions.
Anit [1.1K]
Ans: 8,736 cm 3
Volume of a rectangular prism = whl
When the dimensions are doubled
w= 13 * 2= 26 cm
l= 8 *2 = 16 cm
h= 10.5 * 2= 21 cm

V= 26*21*16
= 8,736 cm 3
7 0
3 years ago
Read 2 more answers
Write 19/25 as a terminating decimal
mariarad [96]
Terminating decimals firstly are decimals that finish... 
To transfer 19/25 to a decimal we have to get it out of 100. 
To do this, multiply 19 by 4, and 25 by 4. 
This gives you 76/100.
From here you can easily see the decimal is 0.76. 

= 0.76
8 0
3 years ago
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