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
Gnesinka [82]
4 years ago
12

a person invest $1,700 in an account that earns 3.97% annual interest. find when the value of the investment reaches $3,200

Mathematics
1 answer:
olga_2 [115]4 years ago
5 0

Answer:

  16 1/4 years

Step-by-step explanation:

Assuming interest is compounded annually, the account balance (A) after t years will be ...

  A = P(1 +r)^t

  3200 = 1700·1.0397^t

  log(3200) = log(1700) +t·log(1.0397)

  t = (log(3200) -log(1700))/log(1.0397) ≈ 16.247

The account will reach a balance of $3200 after about 16 1/4 years.

___

You may be asked to round your answer to the nearest integer or tenth. We leave that exercise to the student.

You might be interested in
Help what is the value of X
EastWind [94]
I hope this helps. Since there are verticale angles that’s why I added another x.

5 0
3 years ago
manav needs 40% marks to pass. if he secures 208 marks and falls short by 16 marks what was the maximum marks he could have got​
Dominik [7]

Answer: the max marks he could have gotten are 224

Step-by-step explanation: 208+16=224.

7 0
3 years ago
Malia has her $ 10.00 allowence to spend at the fall carnival. She decides to order two ice cream cones for herself and her sist
Ierofanga [76]

Answer:

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Y+8=12 solve please
Nikitich [7]
Y=4
the answer is y=4 because you had to subtract 8 from both sides. 

7 0
3 years ago
Read 2 more answers
Expand and simplify <br><br> A. (x – 2y)(y – 3x)<br><br> B. (2p+3)(p^2-4p-7)
emmasim [6.3K]

Answer:

A. (x−2y)(y−3x)

=(x+−2y)(y+−3x)

=(x)(y)+(x)(−3x)+(−2y)(y)+(−2y)(−3x)

=xy−3x2−2y2+6xy

=−3x2+7xy−2y2

B. (2p+3)(p2−4p−7)

=(2p+3)(p2+−4p+−7)

=(2p)(p2)+(2p)(−4p)+(2p)(−7)+(3)(p2)+(3)(−4p)+(3)(−7)

=2p3−8p2−14p+3p2−12p−21

=2p3−5p2−26p−21

Hope it helps

Please mark me as the brainliest

Thank you

5 0
3 years ago
Other questions:
  • What type of number is 9 1/2?
    11·2 answers
  • Simplify 20/24 do one of ya know plz help
    12·2 answers
  • How do you write a scale bar and scale distance
    12·1 answer
  • If an original conditional statement is represented using pq, which represents the converse?
    5·1 answer
  • This is a diagram of a staircase railing. Which is a true statement about the measure of angle DCJ marked rº on the diagram? (Pi
    10·2 answers
  • max decides to use 700 rubber bands to make 8 balls. is it reasonable to say he would use about 90 rubber bands to make each bal
    15·1 answer
  • The spinner below is spun then the a month of the year is randomly selected. Find each probability
    8·2 answers
  • PLEASEEEE HELPPP!!! I WILL MARK U BRAINLIEST!
    7·2 answers
  • 2 Probability of people that like cheese and can’t ride a bike
    7·1 answer
  • Explain it how a 9th grader would​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!