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
solniwko [45]
3 years ago
9

Elijah invested $610 in an account paying an interest rate of 4.1% compounded annually. Assuming no deposits or withdrawals are

made, how long would it take, to the nearest year, for the value of the account to reach $900?
Mathematics
2 answers:
chubhunter [2.5K]3 years ago
7 0
It would take Elijah 36 years for the value of his account to reach 900 dollars
So the answer is 36 years
Sever21 [200]3 years ago
5 0

Answer:

9.757

Step-by-step explanation:

To solve us the compound interest formula: A=P(1+\frac{r}{n} )^n^t

Where A=amount earned; P=principle or starting amount; r=rate(remember to convert to decimal; t=time

Plug your numbers in:

900=610(1+\frac{.041}{1} )^1^t\\

Divide by 610

1.475409836=(1.041)^t

Convert to logarithms

㏒(1.475409836)=㏒1.041

Divide

㏒(1.4754-98236)/㏒1.041=x

9.757

You might be interested in
PLEASE HELP EASY MATH
Alexxx [7]

Answer:90

Step-by-step explanation:

When the sum of two angles is 90°, then the angles are known as complementary angles. In other words, if two angles add up to form a right angle, then these angles are referred to as complementary angles.

7 0
3 years ago
How do you solve 3(x-10)= -6 ?
Andrei [34K]

Answer:

x=8

Step-by-step explanation:

3(x-10)=-6

3x-30=-6

3x=24

x=8

6 0
3 years ago
Read 2 more answers
HELP PLZ WILL GIVE BRAINLIEST! find the arrithmetic means in the given sequence<br> -3,?,?,?,93
pav-90 [236]

Answer:

Step-by-step explanation:

The standard form of an arithmetic sequence is

aₙ = a₁ + d(n - 1)

where aₙ is the number of the term in the sequence (in order from first term where n = 1, to second term where n = 2, to third term where n = 3, etc) a₁ is the the first term in the sequence, and d is the arithmetic difference or means.  This is what we are looking to solve for.  

In our sequence we have the first term, -3 (where n = 1) and the fifth term, 93 (where n = 5).  If we fill in what we have, the only unknown is d, our arithmetic difference (means) between each number in the sequence.

Because we have the fifth term, we can write our standard form to fit our needs:

a₅ = a₁ + d(n-1).  Therefore,

93 = -3 + d(5 - 1) and

93 = -3 + d(4) so

96 = 4d and

d = 24

Our arithmetic difference (means) is 24.  Let's test it on a few values of n.  Let's look for the second, third, and 4th terms, and then try it out for n = 5 to make sure the 5th term, using our arithmetic sequence with d = 24 works and we do, in fact, find the fifth term to be 93.

Testing n = 2

a₂ = -3 + 24(2 - 1) so

a₂ = -3 + 24(1)  and

a₂ = 21.  Second term is 21 (Notice that difference between -3 and 21 is 24)

Testing n = 3

a₃ = -3 + 24(3 - 1) so

a₃ = -3 + 24(2) and

a₃ = 48 - 3 and

a₃ = 45 (Notice the difference between 21 and 45 is 24)

Testing n = 4

a₄ = -3 + 24(4 - 1) so

a₄ = -3 + 24(3) and

a₄ = 72 - 3 and

a₄ = 69 (Notice the difference between 45 and 69 is 24)

Testing n = 5 (and it better come out as 93 or we did something wrong!)

a₅ = -3 + 24(5 - 1) and

a₅ = -3 + 24(4) so

a₅ = 96 - 3 so

a₅ = 93 (Phew!)  ; )

5 0
3 years ago
Read 2 more answers
Simplify this expression: 4(x+3)+3(5-x)
prisoha [69]

Answer:

x+27

Step-by-step explanation:

Let's simplify step-by-step.

4(x+3)+3(5−x)

Distribute:

=(4)(x)+(4)(3)+(3)(5)+(3)(−x)

=4x+12+15+−3x

Combine Like Terms:

=4x+12+15+−3x

=(4x+−3x)+(12+15)

=x+27

Hope you find this Useful!

8 0
2 years ago
Read 2 more answers
What is the following represents 14.8% as a decimal?
SCORPION-xisa [38]
Convert that to a fraction, then convert to a decimal by dividing the numerator into the denominator then you get 0.148
8 0
3 years ago
Other questions:
  • 162 water bottles in nine cases unit rate
    15·1 answer
  • A square with side of 10 has area of 100. <br> a. True<br> b. False
    11·2 answers
  • Which is the value of this expression when p=-2 and q=-1?
    7·2 answers
  • 11. Higher Order Thinking Cora makes this
    15·1 answer
  • What is the simplified form of -24m^5 n^4/ 8m^-7 n^-2
    14·1 answer
  • Can someone please help me with this question. What does 1/8 equal to
    11·2 answers
  • ASAP HELP PLEASE GIVING BRAINLIEST! Please read the question THEN answer correctly! No guessing!!
    15·1 answer
  • The response time for ski patrol rescue responders is measured by the length of time from when the radio call is finished and wh
    7·1 answer
  • Which of the following is a solution to the inequality below?<br> j&gt; 8
    13·1 answer
  • 8x + 6y = 26<br> -4x - y = -15
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!