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]
2 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]2 years ago
6 0
About 17 months
Actual number 16 2/3
Alona [7]2 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
Math question for 30 points please answer correctly
joja [24]

Answer:

D. The rate of change for function B is greater than the rate of change for function A

Step-by-step explanation:

Function a has a slope (aka rate of change) of 3/3

I know this because we start at (-3, 0) then finish at (0, 3)

We added 3 to both the x value and the y value.

3/3 = 1, so we have a rate of change of 1 for function A

Now that we know this, we can write the equation out into slope intercept form.

We can get y = x + 3

The equation for function B is y = 5x + 5

The slope for function B is greater, therefore the rate of change for function B is greater than the rate of change for function A

4 0
2 years ago
The diagram shows the measurements of a frame into which concrete is poured to make steps. The steps are shaped like rectangular
Ivahew [28]
(6 x 16 x 6) + (14 x 16 x 7)
Answer = B
4 0
3 years ago
PLEASE ANSWER + BRAINLIEST!!!!
astra-53 [7]

Answer:

Y= 3.2b + 100

Step-by-step explanation:

That is the equation needed to find the value of b. since Omar bought the cup at the fixed price of 100 we know that no matter what the answer has to be over 100. So that becomes our Y intercept. 3.2 percent is how much the price inflates every year.

8 0
3 years ago
A rectangular swimming pool has a base of 200 square feet. The pool has a depth of 5 feet.
xz_007 [3.2K]

Answer:

  1,000 ft³

Step-by-step explanation:

The volume is given by ...

  V = Bh

where B is the area of the base, and h is the height. For the given dimensions, the volume is ...

  V = (200 ft²)(5 ft) = 1000 ft³

3 0
2 years ago
Tony bowled 135 and 145 in his first two games. write and solve a compound inequality to find the possible values for a third ga
stira [4]
The average has to be at least 120 and at most 130
To calculate the average we need the sum of all values divided by the number of values, in this case, three (135, 145 and the third result).
120 ≤ (135 + 145 + n)/3 ≤ 130

In inequalities like this, what we change in one side, must be changed in the othe rside as well.
360 ≤ 280 + n ≤ 390
80 ≤ n ≤ 110

5 0
3 years ago
Other questions:
  • Write each fraction in simplest form 6/9 4/10 15/20 29/24 16/56 45/72 18/60 32/72
    9·2 answers
  • It is a rectangle and I need to get x and the top is -1+4x and the bottom is 3x+3 I’m in 8th grade geometry
    12·1 answer
  • Given the sequence in the table below, determine the sigma notation of the sum for term 4 through term 15
    12·2 answers
  • Simplify. 8√-76 Enter your answer, in simplest radical form, in the box.
    14·1 answer
  • I need help with this question please <br> ANSWER ASAP!!!!!!!!
    10·1 answer
  • If p and q are both true, then which of the following statements has the same truth-value as ~p → q?
    14·1 answer
  • One of the rules in a public speaking contest requires contestants to speak for as close to 55 minutes (300(300 seconds)) as pos
    14·1 answer
  • how much money would you spend if you were 2 by 4 bags of Doritos it cost $3.55 per bag show the equation how you got the answer
    11·2 answers
  • The ratio of the length of the toucan’s bill to the length of its body is 1 inch to 3.5 inches. If the bill is 7 inches, how lon
    10·1 answer
  • Let f(x)=2x^4+x^3+x^2-3x+r. For what value of r is f(2)=0?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!