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Setler [38]
2 years ago
5

If $5000 was invested at a rate of 5%, how many years would it take to triple if it is compounded daily

Mathematics
2 answers:
slamgirl [31]2 years ago
7 0
Answer...
23 years

Have a nice day :)
maw [93]2 years ago
3 0

Answer:

If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23).

Step-by-step explanation:

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Daniel Potter bought a new car for $20,000.00. Two years later, he wanted to sell it. He was offered $14,650.00 for it. If he so
olga_2 [115]
Answer: 13.375% per year

Explanation:

1) Depreciation is the loss of value: $ 20,000.00 - $ 14,650.00 = $ 5,350

2) The percent of depreciation is amount of the depreciation divided by the value of the car when purchased, times 100.

That is (5,350 / $ 20,000) * 100 = 26.75 %

2) The rate is percent of depreciation per year:

depreciation rate = % of depreciation / number of years = 26.75%  / 2 = 13.375% per year.
5 0
2 years ago
Read 2 more answers
Which is the slope of the line that passes through the points (2,10) and (5,8)?
Rina8888 [55]
The slope is -2/3. Hope this helps!
5 0
2 years ago
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(y= –2x – 5<br> Ty= 2x – 2
Elden [556K]

Answer:

t=2x-2/-2x-5

Step-by-step explanation:

y=-2x-5

ty= 2x-2

add the y value in

t-2x-5=2x-2

combine like terms

t=4x+3

hope this helps :)

4 0
2 years ago
30% of___ is 15 ?????
tensa zangetsu [6.8K]

Answer:

15 is 30% of 50

Step-by-step explanation:

We have, 30% × x = 15

Multiplying both sides by 100 and dividing both sides by 30,

we have x = 15 × 100/30

x = 50

If you are using a calculator, simply enter 15×100÷30, which will give you the answer.

7 0
2 years ago
What I Can Do
Nostrana [21]
The answer is 3 I’m sure because y=3
8 0
3 years ago
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