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
maks197457 [2]
3 years ago
8

Diego deposits $4,200 into a savings account that pays 5% simple interest. He decides not to touch the money until it doubles. H

ow long will Diego have to keep the money in this account?
Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
5 0
Principal money deposited by Diego into the savings account = $4200
Final amount of money taht Diego will get = (4200 * 2) dollars
                                                                   = 8400 dollars
Percentage of simple interest given = 5%
Let us assume that after x years the money is going to double.
Then
Amount = Principal (1 + rate of Interest * Time)
8400 = 4200[ 1 + (5/100) * x]
8400/4200 = 1 + (x/20)
2 = 1 + (x/20)
2 - 1 = x/20
x/20 = 1
x = 20
So after 20 years the money will get doubled.
You might be interested in
What is the problem of 200 and 400
user100 [1]
200+400=600 u just add 2 and 6 togather and u get 6 and then annd the two zeros on too it 
6 0
3 years ago
Sofia bought a tablet that was 15 % off the regular price of $775.
Murrr4er [49]

Answer: $698.275

Step-by-step explanation:

$(775 x (85/100)) x 106/100

Put it on the calculator and the result that shows is $698.275.

3 0
2 years ago
Read 2 more answers
Guys pls help me!!!!!!!!
soldi70 [24.7K]

Answer:

4

Step-by-step explanation:

The graph is moved up by 4, that is why it says +4 in the equation

4 0
3 years ago
Read 2 more answers
Help me pls! PLS PLS PLS I NEED IT<br><br>20 points<br>options are x, x^9, x^4, and x^6
marishachu [46]

Answer:

x^4

Step-by-step explanation:

The expression can be simplified to (x^2)^2. Using an exponent rule, you multiply the two exponents together to get 4. The answer is x^4

5 0
3 years ago
Sean and Leah are playing a computer game. Sean scored 72,491points. Leah scored 19,326 points more than Sean.How many points di
natita [175]
72,491 + 19,326 = 91,817
Leah scored 91,817 points
4 0
3 years ago
Read 2 more answers
Other questions:
  • A pond is being dug according to plans that have a scale of 1 inch = 6.5 feet. The maximum distance across the pond is 9.75 inch
    8·1 answer
  • Which expression finds the measure of an a 126 degree angle?​
    7·1 answer
  • Find the excluded value(s) of the rational expression . 1. Set the denominator equal to 0. 3x2 48 = 0 2. Solve for x. 3x2 = 48 x
    15·2 answers
  • The houses on a city block were thought to be valued at $169,000, $133,000, $171,000, $145,000, $180,000, $172,000, and $149,000
    12·1 answer
  • 6. A wire Il om long has a mass of 187 g. What is the mass of 7 cm of this wire?
    9·1 answer
  • Heyyyyyyyyyyyy! How was your dayyyyy? :)
    11·2 answers
  • Tom's property has a shape of a parallelogram with the dimensions of l= x +75 and w= x + 45. If the perimeter is 300 feet, what
    10·1 answer
  • Y=(x+3)(x-13) the x-intercepts are?
    11·2 answers
  • At the beginning of the day, the sum of the stocks in the Dow Jones was
    14·2 answers
  • Find the measure of angle A
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!