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
Irina18 [472]
2 years ago
5

Molly Invests $8,600 into her son's college fund, which earns 3% annual interest

Mathematics
1 answer:
8_murik_8 [283]2 years ago
7 0

Answer:

n= 13.8 years

Step-by-step explanation:

<u>First, we need to determine the daily interest rate:</u>

Daily interest rate= 0.03 / 365

Daily interest rate= 0.000082

<u>Now, using the following formula we can determine the number of days and years:</u>

n= ln(FV/PV) / ln(1+i)  

n= ln(13,000 / 8,600) / ln(1.000082)

n= 5,039 days

<u>In years:</u>

n= 5,039/365

n= 13.8 years

You might be interested in
Write this number in expanded form using fractions and decimals 0.362
dalvyx [7]
0.362=

0.3+0.06+0.002
and
362/1000
and
0.362
3 0
2 years ago
Read 2 more answers
Simplify the fraction<br>show the work
Oksanka [162]

\frac{7}{8}  \times  \frac{10}{3}  \times  \frac{5}{14}
\frac{7}{8} (\frac{10}{3})(\frac{5}{14})
\frac{35}{12} ( \frac{5}{14}) =  \frac{25}{24}
ANSWER
\frac{25}{24}

3 0
3 years ago
Read 2 more answers
There is an error in the diagram. Choose the statement that best describes what is wrong.
marishachu [46]

Answer:

the first one is right and other are wrong

4 0
3 years ago
How to solve this. I am very confused.
sergiy2304 [10]

To solve, we will need to plug in -5 for x in both instances.

|-5 + 2| / -5 + 2

|-3| / -3

Now, these absolute value bars may be a bit puzzling. What we have to do is take the absolute value of the number inside of the brackets. Meaning, that if the number is negative, we make it positive, and if the number is positive, then it stays positive.

3 / -3

-1

Hope this helps!! :)

6 0
2 years ago
Read 2 more answers
Help
Arte-miy333 [17]

Answer:

this could work y=(-22)x+41

4 0
2 years ago
Other questions:
  • How are arithmetic and geometric sequences similar?
    11·1 answer
  • In the equation x^2+kx+54=0 one root is twice the other root find k
    7·1 answer
  • a brother is 12 years older than his sister. four years ago, the brother was 3 times as old as the sister is now. how old is the
    9·2 answers
  • 7. What is the simplified form of the expression 6 - 2w - w ?
    12·2 answers
  • Using the rules of exponents,how would you find the exponent when you simplify?
    7·1 answer
  • Los ingresos mensuales de un fabricante de zapatos están dados por la función l(z)=1000z-2z^2, donde z es la cantidad de pares d
    9·1 answer
  • Need help on geomtry homework
    12·2 answers
  • please help I will give 25 points and brainliest to the person who helped I need to see the work though too not just answer thes
    6·2 answers
  • Use the drop-down menus to determine the best estimate for 5,984 ÷ 32.<br> Then find the quotient.
    5·1 answer
  • Simplify the index expression to find the value of x<br> giving brainliest pls help
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!