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
vampirchik [111]
3 years ago
12

"Modeling Compound Interest In Exercise, complete the table for an account in which interest is compounded continuously.

Mathematics
1 answer:
AVprozaik [17]3 years ago
4 0

Answer:

This problem requires us to calculate, the value of investment after 10 and 25 years, and also tell the time after which intial investment amount will double. Investment rate and initial investment amount is given in the question.

Value of investment after 10 year = 2000(1+7%)^10 = $ 3,934

Value of investment after 25 year = 2000(1+7%)^25 = $ 10,855

Time after which investment amount double (n)

4000 = 2000 (1.07)^n

Log 2 = n log 1.07

n = 10.2 years

You might be interested in
What fractions are equivalent to these fractions<br> 4/5=<br> 3/8=<br> 1/6=
lukranit [14]

Answer:

1 and the 3rd

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Is 95/72 closer to 0, 1, 2 or 3
kozerog [31]
1.3 so closer to 1 !! Best of luck
6 0
3 years ago
Read 2 more answers
My book is 79 pages.i have been reading 10 pages each day.theres are 9 pages left to read.how many days have I been reading the
Kitty [74]
You have been reading your book for about 7 days
7(10) pages each day + 9 left

70+ 9 = 69
6 0
3 years ago
Read 2 more answers
The volume of sphere Q is 150% more than the volume of sphere P the volume of sphere R is 50% more than the volume of sphere Q F
vazorg [7]

Answer:

1/3.75

Step-by-step explanation:

Let:

Volume of sphere P = x

Volume Sphere Q = x + 150/100x

Volume of Q = x + 1.5x = 2.5x

Volume of R is 50% more than Q

Volume of R = (100 + 50)% of 2.5x

Volume of R = 150/100 * 2.5x

Volume of R = 1.5 * 2.5x = 3.75x

Volume of sphere P as a fraction of sphere R ;

Volume of P / volume of R

x / 3.75x

= 1/3.75

8 0
3 years ago
What will the last payment be to pay off a $1,250 computer plus 8% sales tax with monthly payments of $120?
GrogVix [38]
Convert 8% too decimal form = 8/100 = .08
1250 * .08 = 100
1250 + 100 = 1350
To find out how many payments of 120 can be made :
120x = 1350
divide both sides by 120
x = 11.25 payments of $120
since .25 is a fraction calculate the actual $ amount by mult. 120 * .25 = $30
The last payment is $30

8 0
3 years ago
Other questions:
  • Jim Tree borrowed $1,000 at 10 percent for one year. He paid a $45 processing fee and $100 in interest. Thus, the finance charge
    11·1 answer
  • judith baked 30 peanut butter cookies and 48 chocolate chip cookies to package in plastic containers for her friends at school s
    9·1 answer
  • I need all the answers please asap
    6·1 answer
  • Will mark correct answer brainliest!<br> Factor the quadratic expression x^2−13x−48
    12·1 answer
  • Which graph represents a function with direct variation?
    5·1 answer
  • What is the value of 32 to the 4th power
    9·1 answer
  • Write the fraction 1 8 as a percent round to the nearest hundredth of a percent where necessary
    15·1 answer
  • Is (1,2) a solution of the system y&gt;2x and x+y&lt; 3
    15·2 answers
  • N exponential function and a quadratic function are graphed below. Which of the following is true of the growth rate of the func
    7·1 answer
  • the radius of the inner white circle of the doughnut is 2cm. The circumference of the outer edge of the doughnut is 43.96cm. Wha
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!