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3 years ago

david invest $10,000 in a CD that pays 8% compounded quarterly. how long will it take his investment to double

Mathematics

1 answer:

mylen [45]3 years ago

6 0

Answer:

Step-by-step explanation:

1. Write a equation

$10,000(1+\frac{0.08}{4})^4^x$

2. plug in 20,000 to y

$20,000=10,000(1+\frac{0.08}{4})^4^x$

3. Solve

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mestny [16]

Answer:

Step-by-step explanation:

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2 years ago

Ms. Young acquired a loan of $40,000 at her local bank. The loan has a simple interest rate of 6% per year. What is the amount o

soldier1979 [14.2K]

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12.000

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3 years ago

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3 years ago

The Empire State Building is just over 1,450 feet tall. In anticipation of visiting this landmark on your vacation, you create a

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3 years ago

Read 2 more answers

The measure of five of of the interior angles of a hexagon are 150, 100, 80, 165, and 150. what is the measure of the sixth inte

givi [52]

Answer:

75°

Step-by-step explanation:

The sum of the interior angles of a polygon is

sum = 180° (n - 2) ← n is the number of sides

Here n = 6 , then

sum = 180° × 4 = 720°

let x be the sixth angle, then sum and equate to 720°

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645 + x = 720 ( subtract 645 from both sides )

x = 75

The sixth interior angle is 75°

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3 years ago