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
UNO [17]
3 years ago
13

Mike invested $7500 in stocks. He is considering transferring his investment to another fund because since making his investment

, the value of his investment has been decreasing by 0.4% per month. If Mike's investment continues to decrease at this rate and he doesn't transfer it to another fund, how long will it take for the stock's value to be less than $7000?
Mathematics
2 answers:
Fed [463]3 years ago
6 0
About 17 months
Actual number 16 2/3
Alona [7]3 years ago
5 0
7000=7500 (1-0.004)^x
Solve for x
X=log(7,000÷7,500)÷log(1−0.004)
X=17.21 months
You might be interested in
Please help. I'm not really good at these kind of problems. Working alone, Dan can do a certain job in three hours and Stan can
klemol [59]

Answer: The answer is it would take Dan and Stan 1 hour if they work together, because 3-2=1, so make those hours and you have 1 hour.

Hope I helped:)

3 0
3 years ago
Least common demonstrator of 2/3 and 1/4
torisob [31]

Answer:

12

Step-by-step explanation:

Least common multiples of 3, 6, 9, 12,

Least common multiples of 4, 8, 12

If you want me to work out the equation comment under my answer  

Hope this helps

Mark as brainliest

8 0
3 years ago
£1700 is invested for 3 years at 4% per year SIMPLE interest. Work<br>out the total interest​
Crank

Answer:

$1912.27

Step-by-step explanation:

Simple interest rate formula: A = P(1 + r)^t

Simply plug in the known variables

A = 1700(1 + 0.04)³

A = 1700(1.04)³

A = 1700(1.12486)

A = 1912.27

5 0
3 years ago
In an experiment, a fair coin is tossed 13 times and the face that appears (H for head or T for tail) for each toss is recorded.
zalisa [80]

Answer:

1) 1 element

2) 13 elements

3) 22 elements

4) 40 elements

Step-by-step explanation:

1) Only one element will have no tails: the event that all the coins are heads.

2) 13 elements will have exactly one tile. Basically you have one element in each position that you can put a tail in.

3) There are {13 \choose 2} = 78 elements that have exactly 2 tails. From those elements we have to remove the only element that starts and ends with a tail and in the middle it has heads only and the elements that starts and ends with a head and in the 11 remaining coins there are exactly 2 tails. For the last case, there are {11 \choose 2} = 55 possibilities, thus, the total amount of elements with one tile in the border and another one in the middle is 78-55-1 = 22

4) We can have:

  • A pair at the start/end and another tail in the middle (this includes a triple at the start/end)
  • One tail at the start/end and a pair in the middle (with heads next to the tail at the start/end)

For the first possibility there are 2 * 11 = 22 possibilities (first decide if the pair starts or ends and then select the remaining tail)

For the second possibility, we have 2*9 = 18 possibilities (first, select if there is a tail at the end or at the start, then put a head next to it and on the other extreme, for the remaining 10 coins, there are 9 possibilities to select 2 cosecutive ones to be tails).

This gives us a total of 18+22 = 40 possibilities.

5 0
3 years ago
Help please I’ll mark brainiest
max2010maxim [7]

Answer:

V≈7853.98

Step-by-step explanation:

V=πr2h

r=10

h=25

Solution

V=πr2h=π·102·25≈7853.98163

7 0
3 years ago
Other questions:
  • How many grams in a kg
    12·2 answers
  • What is the complete factorization of 8x2 - 8x + 2?
    9·1 answer
  • A rope 5 meters long was cut into 7 equal parts. What is the length of each part?
    10·2 answers
  • Help meeee plzzz PLZ
    5·2 answers
  • Sam buys 4 boxes of the Crispy Crunch Cereal at Store A. What fraction of the original price of each box of cereal does he pay p
    11·1 answer
  • At the beginning of the day, the stock market goes down 70 3/4 points and stays at this level for most of the day. At the end of
    6·1 answer
  • Tristan spent $400 on the headphones and the sales tax was 6 | %. How much money did he spend total?
    8·2 answers
  • For a craft project, Jackie spent 45 minutes beading, 10 minutes painting, and 25
    8·1 answer
  • Plz help me well mark brainliest if correct!!
    9·1 answer
  • ________ refers to the horizontal expansion of a job by increasing the number of different tasks required in a job and the frequ
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!