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
dimulka [17.4K]
2 years ago
15

A sum is invested at 4% continuous interest. This means that its value grows exponentially with k equaling the decimal rate of i

nterest. Find, to the nearest tenth of a year, the time required for the investment to double in value.
Mathematics
1 answer:
Zanzabum2 years ago
4 0

Answer:

T = 72/4 = 18years

T = 20years (to the nearest tenth)

Step-by-step explanation:

Using the rule of 72, which is used to estimate the number of years for a given investment to double at a given interest rate.

Doubling time = 72/interest rate

T = 72/r

Rate r (in percentage) = 4%

Time T (in years)

T = 72/4 = 18years

T = 20years (to the nearest tenth)

You might be interested in
Identify all the numbered angles that are congruent to the given angle.
wariber [46]

Answer:

Angles 1, 4, and 7

Step-by-step explanation:

This is because angle 1 and the angle with 27 degrees are opposite angles and angle 4 because it is a corresponding angle, and because of angle 4 angle 7 because angles 4 and 7 are opposite diagonal angles

5 0
3 years ago
P(a)=0.50 p(b)=0.30 and p(a and b)=0.15 what is p(a or b)
Softa [21]

Answer:

Option C is correct

P(A or B) = 0.65

Step-by-step explanation:

<u>Given: </u>

P(A) =0.5

P(B)=0.30

P(A and B) =0.15

( The probability of the happening of both independent events will be there product) P( A and B ) =P(A).P(B)

<u>Solution:</u>

To find the probability  of the Happening of event A either event B  we will use the following formula

P(A or B) = P(A) + P(B)-P(A and B)

                  = 0.5 + 0.3 - 0.15

                  =0.65

6 0
3 years ago
Read 2 more answers
Which number can each term of the equation be multiplied by to eliminate the fractions before solving?
scoray [572]

Answer: 12

Step-by-step explanation:

You can multiply by 12 because to get rid of the fractions all terms should be divided by the LCM (ie the smallest multiple that is exactly divisible by 2, 4 and 3)

Multiples of 3 = 3, 6, 9, 12

Multiples of 4 = 4, 8, 12, 16

Multiples of 2 = 2, 4, 6, 8, 10, 12

Therefore the fractions should be multiplied by 12

5 0
2 years ago
Read 2 more answers
4.33 is it heavier than 4.25 by how much
vivado [14]

Answer:

0.08

Step-by-step explanation:

4 0
3 years ago
The price of some houses in a neighborhood are shown below: House Price A $120,000 B $130,000 C $140,000 D $150,000 E $1,110,000
MissTica
In my opinion I would use the mean. But the options that are given I would choose answer A. But I'm not 100% sure.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Please help me. Please.
    15·1 answer
  • the u.s census bureau has a population clock on the Internet .on a recent day , the united states population Was listed as 310,7
    6·1 answer
  • 2 men catch 2 fish in 2 minutes. at this rate,how manny man could catch 500 fish in 500 minutes
    13·2 answers
  • Find the equation (0,-4) and (4,0)
    15·1 answer
  • 10- 13 if kind enough plssss w work so i can actually understand
    11·1 answer
  • A parabola can be drawn given a focus of (6,0) and a directrix of y = -6. Write the
    14·2 answers
  • Plot points 0, 3 on y axis use slope of 2 to graph another point through the two points
    7·1 answer
  • 16ax + 4x^2 +16a^2 HELP!!!!!!
    14·2 answers
  • Graph the function y = -2x + 3. Tell whether or not each ordered pair lies on the line. Explain.
    14·1 answer
  • SOMEONE PLEASE HELP ME <br><br> ANYONE WHO HELPS ME GETS ONE HUNDRED POINTS
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!