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wariber [46]
3 years ago
7

19) Mr. Kelly finds a nice little bank (GOLIATH NATIONAL BANK) to invest the money he made from his

Mathematics
1 answer:
goblinko [34]3 years ago
4 0

Answer:

Step-by-step explanation:

Answer: it will take 17.5 years to double his money in the account.

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = $500

A = 500 × 2 = $1000

r = 4% = 4/100 = 0.04

n = 4 because it was compounded 3 times in a year.

Therefore,.

1000 = 500(1 + 0.04/4)^4 × t

1000/500 = (1 + 0.01)^4t

2 = (1.01)^4t

Taking log of both sides, it becomes

Log2 = 4tlog 1.01

0.301 = 4t × 0.0043 = 0.0172t

t = 0.301/0.0172

t = 17.5 years

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Answer:

The answers are in solutions.

Step-by-step explanation:

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<u />

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8 0
3 years ago
H=−4.9t2+25t
lina2011 [118]

ANSWER

5

EXPLANATION

The equation that expresses the approximate height h, in meters, of a ball t seconds after it is launched vertically upward from the ground is

h(t) =  - 4.9 {t}^{2}  + 25t

To find the time when the ball hit the ground,we equate the function to zero.

- 4.9 {t}^{2}  + 25t = 0

Factor to obtain;

t( - 4.9t + 25) = 0

Apply the zero product property to obtain,

t = 0 \: or \:  \:  - 4.9t + 25 = 0

t = 0 \:  \: or \:  \: t =  \frac{ - 25}{ - 4.9}

t=0 or t=5.1 to the nearest tenth.

Therefore the ball hits the ground after approximately 5 seconds.

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