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trasher [3.6K]
3 years ago
5

2) Poe Tayto wants to

Mathematics
1 answer:
adoni [48]3 years ago
7 0

Answer:

It will take 8.73 years.

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $1,000

Future value (FV)= $1,500

Interest rate (i)= 4.75% compounded annually

<u>To calculate the time required for the initial investment to reach the objective, we need to use the following formula:</u>

<u></u>

n= ln(FV/PV) / ln(1+i)  

n= ln(1,500/1,000) / (1.0475)

n= 8.73

It will take 8.73 years.

You might be interested in
8. You recorded the time in seconds it took for 8 participants to solve a puzzle. The times were: 15.2, 18.8, 19.3, 19.7, 20.2,
kirill115 [55]

Answer:

Xbar = 20.813

Median = 19.95

5 - number summary :

Minimum = 15.2

Q1 = 19.05; Q2 = 19.95 ; Q3 = 21.95 ; maximum = 29.4

Standard deviation, s = 4.068

Step-by-step explanation:

Given the data:

X : 15.2, 18.8, 19.3, 19.7, 20.2, 21.8, 22.1, 29.4

Ordered data:

15.2, 18.8, 19.3, 19.7, 20.2, 21.8, 22.1, 29.4

The mean (xbar) :

Xbar = Σx / n ; n = sample size = 8

Xbar = 166.8 / 8 = 20.8125

Xbar = 20.813

The median :

1/2 *(n+1)th term

1/2(9) = 4.5

(4 + 5)th term / 2

(19.7 + 20.2) / 2 = 19.95

The five number summary :

Minimum = 15.2

Lower quartile (Q1) = 1/4(9) = 2.25 ; (2nd + 3rd) term / 2

(18.8 + 19.3) / 2 = 19.05

Median (Q2) = 19.95

Upper quartile (Q3) :

3/4(9) = 6.75 = (6th + 7th) / 2

(21.8 + 22.1) / 2 = 21.95

Maximum = 29.4

The standard deviation, s = sqrt[(x - xbar)²/ (n-1)]

Using calculator ;

s = 4.068

4 0
3 years ago
Find the 23rd sequence out of 3 5 7 9 11
Licemer1 [7]
The answer is 47 because  3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47

5 0
4 years ago
Read 2 more answers
Which of the following numbers has an odd number of factors 13,15,25,26?
kvv77 [185]

Answer:

25. Its cubed.

Step-by-step explanation:

7 0
3 years ago
Haruka hiked several kilometers in the morning. She hiked only 666 kilometers in the afternoon, which was 25\%25%25, percent les
katen-ka-za [31]

Answer:

She hiked 1,554 kilometers in all.

Step-by-step explanation:

Let the hiking kilometers for morning be x

Given that:

Hiking kilometers in afternoon = 666

According to given condition that afternoon kilometers are 25% less than morning:

x = 666 + 25% of x

By simplifying:

x = 666 + 0.25x

x - 0.25x = 666

0.75x = 666

Dividing both sides by 0.75 we get:

x = 666/0.75

x = 888 kilometers

She hiked 888 kilometers in morning

And

Total = 888 + 666 =1554 km

i hope it will help you!

3 0
3 years ago
Read 2 more answers
Please help me, thank you
Pavel [41]

Answer:

the answer is -3. Your welcome

4 0
3 years ago
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