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
Goshia [24]
3 years ago
7

Evelyn is going to invest $3,500 and leave it in an account for 16 years. Assuming the interest is compounded quarterly, what in

terest rate, to the nearest tenth of a percent, would be required in order for Evelyn to end up with $6,200?
​
Mathematics
2 answers:
slava [35]3 years ago
8 0

Answer:

3.6%

Step-by-step explanation:

3241004551 [841]3 years ago
6 0

Answer:

Quarterly interest rate= 0.8974%

Step-by-step explanation:

Giving the following formula:

Initial investment (PV)= $3,500

Future Value (FV)= $6,200

Number of periods (n)= 16*4= 64 quarters

<u>It is almost impossible to calculate the interest rate using a formula. To determine the interest rate, we need to use a financial calculator:</u>

Function: CMPD

n= 64

I%= SOLVE= 0.8974

PV= 3,500

FV= -6,200

Quarterly interest rate= 0.8974%

You might be interested in
The quontient of 8 and twice a number z
ch4aika [34]
16 divided by 2=8 and 4 times 2= 8
4 0
4 years ago
For this question please tell me if I'm right or wrong. If I'm wrong please correct me.
kotykmax [81]

Answer:

PK represents a radius. Radius only goes half way of the circle.

5 0
3 years ago
Read 2 more answers
Question 8
lord [1]

Answer: (9, -2)

Step-by-step explanation:

Let's start with what makes a function even. A function is even if the graph of it is symmetric about the y-axis. What is really means is that if you were to fold your graph paper where the crease is on the y-axis, the graph should be the same on each side.

Now since g is an even function, it's correct for us to assume that it is symmetric about the y-axis. What this means is that we expect to find a value at the same point, except on the right side (because our coordinate is negative).

Our coordinate is (-9, -2). If we were to plot it, we'd see it would be in the 3rd quadrant, or the bottom left one. To be symmetrical on the right side, we know there is a point with the same coords in the 4th quadrant. To be on the right, our x coordinate would be positive, and our y coordinate will stay the same.

5 0
3 years ago
Laura and Philip each fire one shot at a target. Laura has probability 0.4 of hitting the target, and Philip has probability 0.1
Pepsi [2]

Answer:

(i) 0.46, (ii)0.42, and (iii)0.143

Step-by-step explanation:

Let p be the probability of hitting the target and q be the probability of missing the target by Laura.

Given that p=0.4\;\cdots (1)

As Laura either hit or miss the target, so p+q=1.

\Rightarrow q=1-p=0.6 \; \cdots (2)

Again, let r be the probability of hitting the target and s be the probability of missing the target by Philip.

Here, r=0.1\;\cdots (3)

Similarly, \Rightarrow s=1-r=0.9\;\cdots (4)

(i)The probability that the target is hit means that the target is not missed by both, either of one or both hit the target.

=1-(probability of missing the target by both)

=1-qr [from equation (2) and (4) ]

=1-0.6\times 0.9

=1-0.54

=0.46

(ii) The probability that the target is hit by exactly one shot means either of one hit the target.

=Hit by Laura and missed by Philip or hit by Philip and missed by Laura

=0.4\times 0.9+0.1\times 0.6 [from equations (1),(4) and (3),(2)]

=0.36+0.06

=0.42

(iii)Given that the target was hit by exactly one shot, so, the given probability is 0.42 [from (ii) part]

No, the probability that the target was hit by Philip = probability of hitting the target by Philip and missing the target by Laura

=0.1\times 0.6 [from equations (3) and (2)]

=0.06

So, the probability of hitting the target by Philip

=\frac {0.06}{0.42}

=\frac {1}{7}

=0.143 (approx)

6 0
3 years ago
The population of Weston is 4320. The town’s records show that 45 percent of the population are males, and 2 3 23 of these males
lbvjy [14]

Answer:

In Weston 1,296 males are married

Step-by-step explanation:

step 1

Find out the number of males

Multiply the total population by 45%

45\%=45/100=0.45

4,320(0.45)=1,944\ males

step 2

Find out the number of males that are married

Multiply the number of males by 2/3

\frac{2}{3}(1,944)=1,296\ males\ married

therefore

In Weston 1,296 males are married

7 0
3 years ago
Other questions:
  • What is the y-intercept of the graph of the function f(x) = x2 + 3x + 5?
    10·2 answers
  • Help Evaluate the expression. 24 ÷ 6 · 2 A. 2 B. 8 C. 36 D. 72
    13·2 answers
  • 1. Evaluate the expression when x=2, y = 3, and z= -9:
    7·1 answer
  • Figure AAA is a scale image of Figure BBB.<br><br> What is the value of xxx?
    9·2 answers
  • George is collecting baseball cards he has 29 stacks of cars with 4 in each stack how many cars does he have altogether
    8·2 answers
  • What is the value of x? *<br> 4x + 32<br> 172°<br> Your answer
    9·1 answer
  • A snowboarder is traveling at 6 miles every 9 minutes. At this rate, the
    12·2 answers
  • 1. An observer 80 ft above the surface of the water measures an angle of depression of 0.7o to a distant ship. How many miles is
    7·1 answer
  • A pitcher throws a 9 kg baseball in a straight line. Its momentum is 2.1 kg-m/s. What is the velocity of the
    8·1 answer
  • 41 is 82% of what number?<br><br><br> Enter your answer in the box.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!