1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
netineya [11]
3 years ago
9

if $5,000 is invested at an interest rate of 4% each year what is the value of the investment in 5 years? write an exponential f

unction and solve.
Mathematics
2 answers:
Irina-Kira [14]3 years ago
8 0
It would be 5000 times .04, and then I'm pretty sure that you would then multiply that by five. Hope this helped!
____ [38]3 years ago
5 0
Assuming it's compounded interest:

5000* 1.04 ^5
You might be interested in
Karen bought 4⁄5 pound of broccoli and 2⁄10 pound of cauliflower. How many more pounds of broccoli did she buy?
Nitella [24]

Answer:

6/10 or 3/5

Step-by-step explanation:

4/5 = 8/10

8/10 - 2/10 = 6/10 or 3/5

6 0
3 years ago
Read 2 more answers
Suppose a population is growing by 8% each year. How many years will it take the population to double?
Doss [256]

ANSWER

\text{9 years}

EXPLANATION

We want to find the number of years that it will take the population to double.

To do this, we have to apply the exponential growth function:

y=a(1+r)^t

where y = final value

a = initial value

r = rate of growth

t = time (in years)

For the population to double, it means that the final value must be 2 times the initial value:

y=2a

Substitute the given values into the function above:

\begin{gathered} 2a=a(1+\frac{8}{100})^t \\ \frac{2a}{a}=(1+0.08)^t=1.08^t \\ 2=1.08^t \end{gathered}

To solve further, convert the function from an exponential function to a logarithmic function as follows:

\log _{1.08}2=t

Solve for t:

\begin{gathered} \frac{\log _{10}2}{\log _{10}1.08}=t \\ \Rightarrow t=9\text{ years} \end{gathered}

It will take 9 years for the population to double.

4 0
1 year ago
2. The sum of the measures of two angles is 180°. The difference between the
Solnce55 [7]
Wouldn’t it be 110???
8 0
3 years ago
can someone please help me?!
Setler [38]
Angle 2 = 46°

Angle 3 = 180-46=134°
6 0
2 years ago
If 3m - n = 11, then m =
irina [24]

Answer:

n= -2 and m=3

Step-by-step explanation:

3 x 3= 9

11- 9 = 2

5 0
3 years ago
Other questions:
  • Maria ran 100 yards in 13.8 seconds.mike ran 1 second slower then Maria. How long did it take mike to run 100 yards?
    9·1 answer
  • What is the value of x (12x+2)​
    14·1 answer
  • Which expression is equivalent to (a^8)^4
    5·1 answer
  • Why should money be your motivation?
    6·1 answer
  • Use the figure below and determine the value of x<br> PLS HELP
    5·2 answers
  • Does Brainly help with Geometry?
    13·2 answers
  • What percentage of the pieces was he missing if he had 250 puzzle pieces and was missing 15 What percentage of the pieces was he
    6·1 answer
  • Which of the following expressions are equivalent (equal) to 3(2x - 7)
    5·2 answers
  • I just really dont get it
    8·1 answer
  • Nikko scored 90, 98, 87, 85 and 95 on his seatwork. What is his average score?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!