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kifflom [539]
3 years ago
7

After how many years, to the nearest whole year, will an investment of $100,000 compounded quarterly at 4% be worth

Mathematics
1 answer:
Irina-Kira [14]3 years ago
5 0

9514 1404 393

Answer:

  19 years

Step-by-step explanation:

The compound interest formula tells you the future value of principal P invested at annual rate r compounded n times per year for t years is ...

  A = P(1 +r/n)^(nt)

Solving for t, we get ...

  t = log(A/P)/(n·log(1 +r/n))

Using the given values, we find t to be ...

  t = log(2.13022)/(4·log(1 +0.04/4)) ≈ 19.000

The investment will be worth $213,022 after 19 years.

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A line passes through point (5,4) and has a slope of 4/5. Find the equation of the line in slope-intercept form.
iren [92.7K]

Answer:

Y = 4/5x + 0

Step-by-step explanation:

y - 4 = 4/5(x-5)

y-4=4/5x-4

y=4/5x-4+4

7 0
3 years ago
Solving Equations with Variables on Both Sides
mash [69]
1)
g+4-3g=1+g
subtracting g from both sides
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-3g=-3
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2)
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extending the right side
-6a+3=-6a+3
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extending the right side
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subtracting 0.5 b from both sides
4=1.5b+4
subtracting 4 from both sides
0=1.5b
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subtracting 8 from both sides
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8 0
4 years ago
Please explain
Mila [183]

Answer:

Step-by-step explanation:

watermelon (w): 2

jackfruit (j): 4

durian (d): 4 x 2 = 8

5w + 12j + xd = 324

5 (2) + 12 (4) + x (8) = 324

10 + 48 + 8x = 324

58 + 8x = 324

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5 0
4 years ago
I-Ready
Slav-nsk [51]

Answer:

32

Step-by-step explanation:

4 0
3 years ago
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The answers are 3 and -13

You need to plug 3 and -5 into x

By doing this, you get :

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12 - (-5)^2

those expressions equal

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So you get

3

-13

8 0
3 years ago
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