Compound interest can be defined as the interest <em>on a deposited amount, an investment</em> that is <em>compounded based on its principal and interest rate.</em>
It will take about 3.239 years for the principal amount of $13,000 to double its initial value.
From the above question, we can deduce that we are to find the time "t"
The formula to find the time "t" in compound interest is given as:
t = ln(A/P) / r
where:
P = Principal = $13,000
R = Interest rate = 21.4%
A = Accumulated or final amount
From the question, the Amount "A" is said to be the double of the principla.
Hence,
A = $13,000 x 2
= $26,000
- Step 1: First, convert R as a percent to r as a decimal
r = R/100
r = 21.4/100
r = 0.214 per year.
- Step 2: Solve the equation for t
t = ln(A/P) / r
t = ln(26,000.00/13,000.00) / 0.214
t = 3.239 years
Therefore, it will take about 3.239 years for the principal amount of $13,000 to double its initial value.
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Answer: 1000
Step-by-step explanation:
Well, what times thirty will equal 30,000
30*x=30000
x=1000
You can also figure this out by seeing how many zeros were added to 30,000.
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Answer:
(3/4)*x
Step-by-step explanation:
Dilation really means the multiply the scale factor to every segment of the original figure or shape to get the new transformed figure.
so (3/4) * (segment lengths) = (new segment lengths)
I need help with this question too but less hope we get a answer
Answer: About 513 feet
A more accurate value is roughly 512.575960394824
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Explanation:
With many trig problems, a diagram should help steer you in the right direction. See below.
The red angle is the angle of depression. It's formed by starting off looking straight horizontal, then we look down 26 degrees. The blue angle adds to the red angle to get 90, so we can see that 26+64 = 90. Or you could say 90-26 = 64.
The goal is to find the value of x, which is the length from B (the lighthouse base) to point C (the ship's location).
The lighthouse is 250 ft tall, meaning AB = 250
We'll use angle BAC, or angle A for short, as the reference angle. This is the blue angle in the diagram.
We have a known adjacent side (AB = 250) and an unknown opposite side (BC = x). We use a tangent ratio to tie these sides together with the reference angle in question. This way we can solve for x.
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tan(angle) = opposite/adjacent
tan(A) = BC/AB
tan(64) = x/250
250*tan(64) = x
x = 250*tan(64)
x = 512.575960394824
x = 513
The distance from B to C is roughly 513 feet.
I'm rounding to the nearest whole number because the other values given to you are whole numbers.