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
An experiment consists of rolling a number cube. What is the probability of rolling two 4's in a row?
tigry1 [53]

Answer:2/12

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Craig’s school has 4 lessons in the morning lessons 1 starts at 8:35 each lesson is 60 minutes long there is a break between les
jasenka [17]

Answer:

12:50 PM.

Step-by-step explanation:

We have been given that Craig’s school has 4 lessons in the morning and lesson 1 starts at 8:35. Each lesson is 60 minutes long. There is a break of 15 minutes between lesson 2 and 3.

We can see that lesson 1 will end at 9:35 AM and second lesson will end at 10:35 AM.

We have been also given that there is a break for 15 minutes between lesson 2 and 3. So third lesson will start at 10:50 AM as lunch break will end at 10:50 AM.

Third lesson will end 60 minutes after 10:50 AM that is 11:50 AM and fourth lesson will end 60 minutes after 11:50 AM that is 12:50 PM.

Therefore, 4th lesson will end at 12:50 PM.    

6 0
3 years ago
V2+4v-21=0 (solve by factoring)​
frozen [14]

Answer: (v + 7)(v -3)

Step-by-step explanation:

(v +7)(v -3)

v x v = v^2

v x -3 = -3v

7 x v = 7v

7 x -3 = -21

v^2 -3v +7v -21 = v^2 +4v -21 = 0

6 0
3 years ago
Read 2 more answers
How do i turn 2/5 into a percentage
likoan [24]
Numerator divided by the denominator then multiplied by 100. 

(2/5) * 100
7 0
3 years ago
The ratio 1 cm and 1.5 km
ehidna [41]

Answer:

1/150000

Step-by-step explanation:

from km to cm you should multiply it by 100000

8 0
3 years ago
Other questions:
  • What is the length of the diagonal of the triangle?
    9·1 answer
  • 5×5×5×5×5×5<br><img src="https://tex.z-dn.net/?f=%20%7B5%7D%5E%7B6%7D%20" id="TexFormula1" title=" {5}^{6} " alt=" {5}^{6} " ali
    12·2 answers
  • A system of equations is shown below.
    11·1 answer
  • If there is 5280 feet in 1 mile, how may feet are in 2 miles?
    14·1 answer
  • Can someone give me a step by step explanation because my teacher doesn’t teach us anything? :(
    15·1 answer
  • Find the area of the L shape.<br>9 cm<br>8 cm<br>3 cm<br>20 cm​
    6·1 answer
  • PLEASE HELP ME IT HAS BEEN A VERY ROUGH MORNING THANK YOU!
    12·1 answer
  • Someone please help me find the answers for 1,2,3,4,5 ASAP
    12·1 answer
  • What is the range of the function graphed below?<br><br>I REALLY NEED HELPP!!​
    12·1 answer
  • A circle has its centre at (0,0) and passes through the point (-9,40).
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!