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
bearhunter [10]
3 years ago
10

A loan of $12,000 is made at 5.25% interest, compounded annually. After how many years will the amount due reach $22,000 or more

?
Mathematics
1 answer:
yaroslaw [1]3 years ago
6 0

Answer:

About 16 years

Step-by-step explanation:

First we need to figure out 5.25% of 12000

5.25 x 0.12000 = 0.63

Then we move the decimal

630

Then we need to figure out how many years it will take to reach $22000

Since we already owe $12000, we can just divide using $10000 because 10000 + 12000 = 22000

10000/630 = 15.87

Which is about 16 years

You might be interested in
Whats 21 3/4 ÷ 2 1/2 = ???
galben [10]
The answer is 8.7, or 8 (7/10).
8 0
3 years ago
Read 2 more answers
The equation for the line of best fit is f(x) ≠1. 8x ⒠5. 4 for the set of values in the table. A 2-column table with 7 rows.
AleksandrR [38]

The equation for the line of best fit, the good approximation for x when f(x) = 30 is 20.

Given that

The equation for the line of best fit is f(x) = 1.8x − 5.4 for the set of values in the table.

A 2-column table with 7 rows.

The first column is labeled x with entries 4, 5, 6, 6, 8, 9, 10.

The second column is labeled f(x) with entries 5, 2, 5, 6, 8, 7, 18.

We have to determine

Using the equation for the line of best fit, what is a good approximation for x when f(x) = 30?

According to the question

The quadratic regression equation can be expressed as;

\rm f(x) = 1.8x - 5.4

Then,

The approximation for x when f(x) = 30 is,

\rm f(x) = 1.8x - 5.4\\\\\rm 30= 1.8x - 5.4 \\\\ 1.8x= 30+5.4\\\\1.8x=35.4\\\\x = \dfrac{35.4}{1.4}\\\\x=19.67\\\\x=20 \ approx

Hence, the equation for the line of best fit, the good approximation for x when f(x) = 30 is 20.

To know more about the Quadratic equation click the link given below.

brainly.com/question/26164308

3 0
2 years ago
Simplify this expression 8+19m-6m
gladu [14]
I am pretty sure that it would be 13m + 8. All you have to do is combine the like terms.
7 0
3 years ago
he end of a baseball game, the players were given the choice of having a bottle of water or a box of juice. Of all of the player
Mnenie [13.5K]

Answer:

12 is 3/4 of what number? You need to divide by the top and multiply by the bottom. 12 divided by 3 is 4, and 4 times 4 is 16.

6 0
3 years ago
Read 2 more answers
How do I find x and y
Usimov [2.4K]
First you would have to find the third angle in the triangle which you would do by adding 63+61 and subtracting the resulting number from the total degrees in a triangle. From there, you would calculate x and y using the knowledge that angles on a line equal 180.
3 0
3 years ago
Other questions:
  • I need this question please
    8·1 answer
  • . Match each angle of rotation to the point that A′ (the image of A) coincides with after that rotation.
    9·1 answer
  • if 972 trees are in the orchard and each tree produced 5 pieces of fruit, how many pieces of fruit in all were produced ​
    15·1 answer
  • How do you solve this? Show work and answer
    12·2 answers
  • Someone please help me
    6·1 answer
  • What is 160.9-55.23+27.1
    15·2 answers
  • write two addition sentences where the sum is positive. in each sentence, one addend should be positive and the other negative
    14·1 answer
  • A satellite camera takes a rectangular-shaped picture. The smallest region that can be photographed is a 4-km by 4-km rectangle.
    14·1 answer
  • In a Calif. study, Dean Lester Breslow and Dr. James Enstrom of the UCLA School of Public Health concluded that by following 7 s
    8·1 answer
  • Drew was earning $14
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!