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
Ostrovityanka [42]
3 years ago
8

How many years (to two decimal places) will it take $15000 to grow to $17500 if it is invested at 8% compounded semi- annually?

Mathematics
1 answer:
VLD [36.1K]3 years ago
3 0

Answer:

1.97 years

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 8/100

r = 0.08 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(17,500.00/15,000.00) / ( 2 × [ln(1 + 0.08/2)] )

t = ln(17,500.00/15,000.00) / ( 2 × [ln(1 + 0.04)] )

t = 1.965 years

:D

You might be interested in
Neeeeed help please
Nikolay [14]
A nice riddle, mathematical riddle.

Assuming a turtle winning means the declared winner is the weaker one actually won over the stronger one.  In this context, the turtle winner is the one who has a lesser number of favourable votes.

The given rules for the points are as follows:
1. Point for the first choice must be greater than or equal to that of the second choice.
2. All points must be positive whole numbers.

Let's suppose we have Henry against Tim.
Henry is favourite of the voters and is the leading candidate, according to popular polls.
Tim is an excellent manipulator, sly, and everybody knows this.

On polling day, the vote count came out as follows (in point counts)

Henry      Tim
2              1
2              1
2              1
2              1
2              1
2              1
10            1  (Henry's own vote)
1          100  (Tim's own vote)
------------------
17        107  TOTAL POINTS

So Tim the turtle was declared winner of the race, and since everything was according to rule, even a recount of the votes did not change the results.

Be aware, voting by districts (instead of popular votes) also exhibits a similar problem.



3 0
3 years ago
Read 2 more answers
Put the numbers in order from least to greatest.
loris [4]

Answer:

B. -.9,-4, 1, .2, .8

Hope this helps!:)

7 0
3 years ago
Read 2 more answers
What are the focus and directrix of the parabola that is the graph of the function f(x)=x²?
Hitman42 [59]

Answer:

Step-by-step explanation:

Given

y=x^2

comparing it with standard equation x^2=4ay

so 4a=1

a=\frac{1}{4}

so Focus of parabola is (0,0)

directrix

y=-a

here a=\frac{1}{4}

y=-\frac{1}{4}      

5 0
3 years ago
Will measured the diameter of a penny as 1.9 cm using the ruler. What is the margin of error? 1.5 cm to 2.0 cm 1.5 cm to 2.5 cm
Anna35 [415]

The answer is 1.5cm to 2.0cm

9 0
3 years ago
Read 2 more answers
If f(x)= x and g(x) = x - 4 which translation is applied to f(x) to get g(x)
Dafna1 [17]
F(g(x)) = f(x-4) = (x-4)
g(f(x)) = g(x) = x-4
3 0
3 years ago
Other questions:
  • Hey can you please help me posted picture of question
    13·1 answer
  • How would you get -24 as the answer?
    12·2 answers
  • It is almost the end of the grading period.I have 730 out of 880 points so far in my math class which means I currently have a B
    8·1 answer
  • (3/2)x - -4 =13 what is x?
    10·1 answer
  • Solve this problem. Reduce to lowest terms.
    10·1 answer
  • In a family with 6 ​children, excluding multiple​ births, what is the probability of having 6 ​girls? Assume that a girl is as l
    13·2 answers
  • Which statement describes the graph of the function F(x)=x^2-1/x^2-2x+1
    5·1 answer
  • What percent of people surveyed from San Francisco wear Adidas shoes? Round to the nearest percent when necessary.
    10·1 answer
  • Please help with this I’m confused
    7·2 answers
  • Melanie was training for a race. The line plot below shows the number of miles Melanie ran last week.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!