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
Vaselesa [24]
3 years ago
15

John invests $200 at 4.5% compounded annually. About how long will it take for John’s investment to double in value?

Mathematics
1 answer:
Gekata [30.6K]3 years ago
8 0

Answer:

The number of years needed is 15.75 years.

Step-by-step explanation:

The investment amount (present value) = $200

Interest rate =4.5%

Double of investment = $400

Now we have to find the time or number of years in which the investment amount will be doubled. So, just use the below formula to find the number of years.

Future value = present value ×(1+interest rate)^n

400 = 200×(1+4.5%)^n

N = 15.75 years

The number of years required to double the amount is 15.75 years.

You might be interested in
How to do math easily
katrin [286]

Step-by-step explanation:

Keep quit when they a teaching you and stay with participanting people/friends

7 0
2 years ago
Using calculus, it can be shown that if a ball is thrown upward with an initial velocity of 16 ft/s from the top of a building 7
Karolina [17]

Answer:

  [0, 7]

Step-by-step explanation:

We want the height to be greater than or equal to 32 ft, so ...

  704 +16t -16t^2 ≥ 32

  t^2 -t -42 ≤ 0 . . . . . . . . . . . subtract 32, divide by -16

  (t -7)(t +6) ≤ 0

This inequality will be true for values of t between -6 and +7. Since we're only concerned with times t ≥ 0, the appropriate solution interval is ...

  0 ≤ t ≤ 7 . . . . [0, 7] in interval notation

6 0
3 years ago
The triangle ABC is dilated with respect to the point O(8, -3) and the scale factor 3 to a new triangle A'B'C'. What is the slop
Aleks [24]
The slope of the line segment A'C' is 1/7.
6 0
3 years ago
Translate each algebraic expression or equation into a verbal phrase: X - 8 = 14
jasenka [17]

Answer:

x subtracted by negative 8 is equal to 14.

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
The question is on the picture included
Alexxx [7]
The next step is to draw an arc with center E.

4 0
3 years ago
Other questions:
  • Jenny's weight is 65kg. 1stone=14 pounds. what is jenny's weight in stonesand pounds​
    13·1 answer
  • Hi need this done fast, please
    13·2 answers
  • An airline asked its agents to assign convenience ratings on a scale of 1-7 to 114 flights leaving one of its hub cities. The hi
    5·2 answers
  • A hospital employees a total of 77 nurses and doctors the ratio of nurses to doctors is 92 how many nurses are employed at the h
    12·1 answer
  • STRUCTURE Without graphing or solving, determine the number of solutions of the system.
    7·1 answer
  • Can someone please please help me with this.
    11·2 answers
  • A child takes a nap averaging three hours and get an average of 12 hours of sleep at night . Nap time and night time sleep can e
    10·1 answer
  • Solve for x<br> -18 - 16 = 7x+ 34
    12·2 answers
  • I love this app can somebody please answer this question my granddaughter needs help and it will be very much appreciated❤️
    6·2 answers
  • Cesar is planning a 4-day trip to visit his friend at a college in another state. It will cost him $198 for airfare, $56 for loc
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!