Answer:
It will take 8.73 years.
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $1,000
Future value (FV)= $1,500
Interest rate (i)= 4.75% compounded annually
<u>To calculate the time required for the initial investment to reach the objective, we need to use the following formula:</u>
<u></u>
n= ln(FV/PV) / ln(1+i)
n= ln(1,500/1,000) / (1.0475)
n= 8.73
It will take 8.73 years.
Answer:
Step-by-step explanation:
whatthe letters nubers
The recursive formula of h(n) is h(1) = 36 and h(n) = h(n -1) - 5
<h3>How to determine the recursive formula?</h3>
The function is given as:
h(n) = 41- 5n
Calculate h(1) and h(2)
h(1) = 41- 5(1)
h(1) = 36
h(2) = 41- 5(2)
h(2) = 31
Calculate the difference between h(1) and h(2)
d = 31 - 36
d = -5
This means that:
h(1) = 36 and h(n) = h(n -1) - 5
Hence, the recursive formula of h(n) is h(1) = 36 and h(n) = h(n -1) - 5
Read more about recursive formula at:
brainly.com/question/1275192
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Answer:
20
Step-by-step explanation:
<em>Refer to attached</em>
Imagine the rod cut and opened to make a rectangle with sides of 4 and 12
As the string goes 4 times, the length of the rod is divided by 4 parts of
We have triangle of sides 3 and 4, therefore the long side is 5
The length of the string is:
Answer:
(5/2, 3/2)
Step-by-step explanation:
The midpoint would be:
![(\frac{-4+9}{2}, \frac{8-5}{2})\\= (\frac{5}{2}, \frac{3}{2})\\](https://tex.z-dn.net/?f=%28%5Cfrac%7B-4%2B9%7D%7B2%7D%2C%20%5Cfrac%7B8-5%7D%7B2%7D%29%5C%5C%3D%20%28%5Cfrac%7B5%7D%7B2%7D%2C%20%5Cfrac%7B3%7D%7B2%7D%29%5C%5C)