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
torisob [31]
3 years ago
15

A person invest $2,940 in an account tgat earns 4.1% annual intrest. Find when the value of the investment reaches 5,000. If nec

essary round to the nearest tenth
Mathematics
1 answer:
serg [7]3 years ago
7 0

Answer:

13.22

Step-by-step explanation:

were solving for t and we know:

a(t)=p(1+(r/n))^nt

5000=a-the total

2940=p-the starting amount

.041=r-the rate

1=n-compound (annual)

plug this into a graph :

5000=2940(1+(.041/1))^x

and you get : 13.22

You might be interested in
What is the y-intercept of the graph of the equation y=4(3^x)?
eimsori [14]

Answer:

The y-intercept is (0, 4).

Step-by-step explanation:

At the y-intercept x = 0 so

y = 4(3^0)

y = 4*1 = 4.

So the y-intercept is (0, 4).

8 0
3 years ago
Read 2 more answers
HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP The table shows the amount of different colored paints in a bin in art class.Compare th
weqwewe [10]

Answer:

47.362 < 47.394

Hope this helps!

5 0
3 years ago
Read 2 more answers
What is the opposite of 3.75 on a number line?​
vodomira [7]

Answer:

-3.75

Step-by-step explanation:

the opposite changes the sign from positive to negative, so the opposite of 3.75 would be -3.75

5 0
3 years ago
Read 2 more answers
An equivalent expression and the property of cd
solong [7]
Rjfnsmdvdjndrnfjfjgmrmf
8 0
3 years ago
Greg is 22 years older than his sister linda. In 3 years he will be twice as old as linda. How old is each of them now?
lesya [120]
I have no idea how to help you srry . . . . .
8 0
3 years ago
Other questions:
  • What would happen to the buying power of your investment after one year if your rate of return was 3% and the rate of inflation
    13·1 answer
  • If the radius of a circle measures 2 inches, what is the measure of its diameter?
    5·1 answer
  • Jim’s father is older than 40 but younger than 50.If you can divide his age by 2,4,5,8,or 10 ,there will be a remainder of 1.How
    9·1 answer
  • There are 15 people in a room. Each person ate 2 of a pizza. There was no 3 pizza remaining. How many pizzas were in the room?
    15·1 answer
  • Simplify 8(7x – 1) + 4(x + 5).
    13·2 answers
  • HELPPPPPPPPPPPPPPPPPPPPPPP PLSSSSSS
    10·1 answer
  • Classify the triangle as scalene, isosceles, or
    7·2 answers
  • Leon's older brother is 4 3/4 feet tall. Leon is 1/3 foot shorter than his brother . How tall is leon?
    8·2 answers
  • 8. What is the slope of the graph below
    10·2 answers
  • Need help ASP TWT……….
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!