Find the equation of the linear function represented by the table below in slope-

If Tanisha has $1000 to invest at 7% per annum compounded semiannually, how long will it be before she has $1600? If the co

Sphinxa [80]

Answer:

Using continuous interest 6.83 years before she has $1600.

Using continuous compounding, 6.71 years.

Step-by-step explanation:

Compound interest:

The compound interest formula is given by:

$A(t) = P(1 + \frac{r}{n})^{nt}$

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit year and t is the time in years for which the money is invested or borrowed.

Continuous compounding:

The amount of money earned after t years in continuous interest is given by:

$P(t) = P(0)e^{rt}$

In which P(0) is the initial investment and r is the interest rate, as a decimal.

If Tanisha has $1000 to invest at 7% per annum compounded semiannually, how long will it be before she has $1600?

We have to find t for which $A(t) = 1600$ when $P = 1000, r = 0.07, n = 2$

$A(t) = P(1 + \frac{r}{n})^{nt}$

$1600 = 1000(1 + \frac{0.07}{2})^{2t}$

$(1.035)^{2t} = \frac{1600}{1000}$

$(1.035)^{2t} = 1.6$

$\log{1.035)^{2t}} = \log{1.6}$

$2t\log{1.035} = \log{1.6}$

$t = \frac{\log{1.6}}{2\log{1.035}}$

$t = 6.83$

Using continuous interest 6.83 years before she has $1600

If the compounding is continuous, how long will it be?

We have that $P(0) = 1000, r = 0.07$

Then

$P(t) = P(0)e^{rt}$

$1600 = 1000e^{0.07t}$

$e^{0.07t} = 1.6$

$\ln{e^{0.07t}} = \ln{1.6}$

$0.07t = \ln{1.6}$

$t = \frac{\ln{1.6}}{0.07}$

$t = 6.71$

Using continuous compounding, 6.71 years.

7 0

3 years ago

Widget Wonders produces widgets. They

navik [9.2K]

Find the total cost of producing 5 widgets. Widget Wonders produces widgets. They have found that the cost, c(x), of making x widgets is a quadratic function in terms of x. The company also discovered that it costs $15.50 to produce 3 widgets, $23.50 to produce 7 widgets, and $56 to produce 12 widgets.
OK...so we have
a(7)^2 + b(7) + c = 23.50 → 49a + 7b + c = 23.50 (1)
a(3)^2 + b(3) + c = 15.50 → 9a + 3b + c = 15.50 subtracting the second equation from the first, we have
40a + 4b = 8 → 10a + b = 2 (2)
Also
a(12)^2 + b(12) + c = 56 → 144a + 12b + c = 56 and subtracting (1) from this gives us
95a + 5b = 32.50
And using(2) we have
95a + 5b = 32.50 (3)
10a + b = 2.00 multiplying the second equation by -5 and adding this to (3) ,we have
45a = 22.50 divide both sides by 45 and a = 1/2 and using (2) to find b, we have
10(1/2) + b = 2
5 + b = 2 b = -3
And we can use 9a + 3b + c = 15.50 to find "c"
9(1/2) + 3(-3) + c = 15.50
9/2 - 9 + c = 15.50
-4.5 + c = 15.50
c = 20
So our function is
c(x) = (1/2)x^2 - (3)x + 20
And the cost to produce 5 widgets is = $17.50

7 0

3 years ago

If 2/5 of the macaroni and cheese provides 16 pieces to the table,how many pieces were in the pan when it was full? Support you

astra-53 [7]

Bearing in mind that a whole will be 5/5, so the full pan is 5/5.

$\bf \begin{array}{ccll}
macaroni&pieces\\
\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\
\frac{2}{5}&16\\\\
\frac{5}{5}&p
\end{array}\implies \cfrac{\quad\frac{2}{5} \quad }{\frac{5}{5}}=\cfrac{16}{p}\implies \cfrac{2}{5}\cdot \cfrac{5}{5}=\cfrac{16}{p}
\\\\\\
\cfrac{2}{5}=\cfrac{16}{p}\implies 2p=80\implies p=\cfrac{80}{2}\implies p=40$

8 0

3 years ago

The second angle in a triangle is one third as large as the first. The third angle is two thirds as large as the first. Find the

Zielflug [23.3K]

First angle 90 degrees

Second angle 30 degrees

Third angle 60 degrees

6 0

3 years ago

Which is the galaxy is the closest to our galaxy at the moment

patriot [66]

<h2>Andromeda galaxy is your answer </h2>

7 0

3 years ago