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Nat2105 [25]
3 years ago
14

$1334 is deposited into a savings account at 8% interest, compounded quarterly. To the nearest year, how long will it take for t

he account balance to reach $1,000,000?
Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
5 0

Answer:

  84 years

Step-by-step explanation:

The future value of an investment is given by ...

  FV = P(1 +r/n)^(nt)

where P is the principal amount, r is the annual rate, and n is the number of times per year interest is compounded. Filling in the given values and solving for t, we get ...

  1000000 = 1334(1 +.08/4)^(4t)

  749.6252 ≈ 1.02^(4t) . . . . divide by 1334 and simplify

  log(749.6252) ≈ 4t·log(1.02) . . . . take logarithms

  t ≈ log(749.6252)/(4·log(1.02)) ≈ 83.57

It will take about 84 years for the account balance to reach $1,000,000.

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astra-53 [7]

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y < x - 4

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Can some one help me please
11111nata11111 [884]

Answer:

2x²√13

Step-by-step explanation:

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√(52x^4)   can be rewritten as     (√52)(√x^4)

Step 2:  x^4 = x²x², so it's the same thing as saying (x²)², or "x-squared, squared".  Taking the square root of it leaves just x-squared, so this simplifies to

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Step 3:  When taking the square root of a number that is not a perfect square, you need to do a factor tree to see if you can break the number up into a product of perfect squares, or a perfect square multiplied by a prime number.

52 is an even number, so we an at least divide by 2.  

        52/2  is 26, so we have

                  (26)(2)

2 is a prime number, so we don't break that down any further.

26 is even so it is also divisible by 2,

   26/2 is 13, so we have

     (13)(2)(2)

  which we can write as (13)(4)     (groups pairs of numbers together)

(2)(2) is 4, which results in a perfect square, so we can rewrite √52 as

      (√4)(√13),       since √4  = 2, we simplify this expression to

       2√13

So √(52x^4) breaks down to (√52)(√x^4), which further breaks down into

  (2√13)(x²)

We simplify the expression to 2x²√13

3 0
3 years ago
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