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BlackZzzverrR [31]
3 years ago
9

You invest $6.500 into a mutual fund that is expected to earn 6% per year. How long will it take the fund to earn $13,000?

Mathematics
1 answer:
Vesna [10]3 years ago
3 0
Y= $6.500(1.06)^x

13000= $6.500(1.06)^x
2000=(1.06)^x

log 2000 = x log 1.06 
x= log 2000/ log 1.06 
130 years
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mr_godi [17]

Answer:

<h2>The year is 2010.</h2>

Step-by-step explanation:

The population of wolves is given by P(t) = 80(0.98)t.

The study has began in the year of 2000 and will end in 2020.

The difference between 2000 and 2009 is 9 years and the difference between 2009 and 2020 is 11 years.

Hence, the maximum value of t is 11.

The domain is 0 \leq t \leq 11.

The population will be 80, that is P(t) = 80.

Hence, 0.98t = 1, or, t = \frac{1}{0.98} = \frac{100}{98}  = \frac{50}{49} ≅1.

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3 years ago
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guapka [62]

Answer:

Karen has to at least spend 11 minutes.

Step-by-step explanation:

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I hope this helps! Please mark me Brainliest if it did! Thank you and have a nice day!

4 0
3 years ago
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Hope this helps :)
8 0
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Step-by-step explanation:

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8 0
3 years ago
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