A person invests $1000 in a bank. The bank pays 6% interest compounded monthly. To the nearest tenth of a year, how long must the person leave the money in the bank until it reaches $3300

Answers

Answer 1

Answer:

20 years approx

Step-by-step explanation:

Step one:

given data

Principal= $1000

rate= 6%

Final amount A= $3300

Required

Time t

Step two:

the expression for the compound interest is given data

A= P(1+r)^t

t = ln(A/P) / r

substitute

t= ln(3300/1000)/0.06

t= ln3.3/0.06

t= 1.193/0.06

t=19.88 years

t= 20 years approx


Related Questions

What is the slope of the line that passes through the points (1,1) and (-1,5)

Answers

(1,1)(-1,5)

your answer would be m=-2

hope this helped.

Please answer this question (image attatched

Answers

..................Is this a joke?

: Discuss the continuity of the function f(x)=xtan(1/x) at x = 0 given that x≠0 and f(0)=0.

Answers

Answer:

Left hand Limit = Right Hand Limit = f(a)

it is a continuous function.

Step-by-step explanation:

Solution:

In order to find out the continuity of the function, we need to keep in mind following things:

Left hand Limit = Right Hand Limit = f(a)

Where, f(x) = exists and f(a) = defined.

Data Given:

f(x) = x tan(1/x)   x [tex]\neq[/tex] 0 (this function is used when x > 0  and x<0)

f(x) = 0 when x = 0

First we have to check the Left hand Limit.

L.H.L = f(0-h) (x<0)

Lim[tex]_{x-->0^{-} }[/tex] f(x)

Lim[tex]_{x-->0^{-} }[/tex] x tan (1/x)

Put x = 0-h

Lim[tex]_{x-->0^{-} }[/tex] (0-h) tan (1/(0-h))

Lim[tex]_{x-->0^{-} }[/tex]  h tan (1/h)

Putting h = 0

(0) x  (tan(1/0)))

As we know, for tanx value is a finitely oscillatory between -∞ to +∞  

Hence, 0 x finite number then,

L.H.L = 0

Similarly,

R.H.L = f(0+h)

Lim[tex]_{x-->0^{+} }[/tex] (0+h) tan (1/(0+h))

Lim[tex]_{x-->0^{+} }[/tex] (h) tan (1/(h))

R.H.L = 0

Now, as we know, when x = 0

f(x) = 0

f(0) = 0

Left hand Limit = Right Hand Limit = f(a)

Hence, it is a continuous function.

Which describes the inequality y > -15?

Answers

Answer:

A

Step-by-step explanation:

                        .

Raul wants to buy a new collar for each of his 5 dogs. The collars come in a choice of 10 different colors. Step 1 of 2 : How many selections of collars for the 5 dogs are possible if repetitions of colors are allowed

Answers

Answer:

100,000

Step-by-step explanation:

Calculation for How many selections of collars for the 5 dogs are possible if repetitions of colors are allowed

Based on the information given since he has 5 dogs that he want to purchase a collar for, which means that if the collar has 10 choice of variety of colors, then the selection of collars for the 5 dogs if repetitions of colors are allowed will be calculated as:

Selections of collars=10*10*10*10*10

Selections of collars=100,000

Therefore the numbers of selections of collars for the 5 dogs that are possible if repetitions of colors are allowed is 100,000

Write the phrase as an expression.

28 divided by 7

An expression is ____.

Answers

Answer: 28/7

Step-by-step explanation:

Answer:

28/7=4

Step-by-step explanation:

nnei

A six-month $3600 treasury bill sold for $3411. What was the simple annual discount rate?

Answers

Answer:

0.9235%/month

Step by step explanation:

r = (1/6)((3600/3411) - 1) = 0.00923483

r = 0.00923483

Converting r decimal to R a percentage

R = 0.00923483 * 100 = 0.9235%/month

Answer:

one hundred eighty-nine dollars

Which sequence is ARITHMETIC?
A)
{0, 1,4,9,...}
B)
{0, 4, 7, 11,...}
{-3, 2, 7, 12,...}
D)
{2, 1, 0.5, 0.25, ...)

Answers

Answer:

c

Step-by-step explanation:

2-(-3)= 5

so the common difference is 5

C

It adds five every time

1. Enter the linear inequality shown in the graph.

Answers

Answer:

y=1/3x+2

Step-by-step explanation:

Find two points and find the x and y distance between them to get the slope. I  did (0,2) and  (6,0), and the distance between them was 2/6 which simplifies into 1/3.

Then (0,2) is the y-intercept because it's where the line crosses the y-intercept.

(hope this helps :P)

WILL DO ABSOLUTELY ANYTHING FOR THIS ONE HELP ASAP TIMES

Answers

9514 1404 393

Answer:

  A)  -1 < x < 0

Step-by-step explanation:

The horizontal line that is the x-axis is also the line y = 0. The curve is above that line when x < 0, and when x > 3.6.

The only interval that overlaps either of these regions is ...

  (A)  -1 < x < 0

5 m
9 m
18 m
24 m
10 m
9 m
What is the volume of the figure? Enter the answer in the box.

Answers

Answer:

where is figure by the way

show equation has a slope of -3 and a y-intercept of 8

Answers

Answer:

y=-3x+8

Step-by-step explanation:

Help I’m being timed!!

Answers

Answer:

Area of circular trail = 7.1 square miles

Step-by-step explanation:

Given that:

Distance covered by Mr. Baker = 6 miles

As this distance is of both sides, we will divide it by 2 which will give us the diameter of the circle.

Distance of one side = 6/2 = 3 miles

Diameter = 3 miles

Radius = 3/2 = 1.5 miles

Area of circle = [tex]\pi r^2[/tex]

Area of circle = [tex]3.14*(1.5)^2[/tex] = 3.14 * 2.25

Area of circle = 7.065 = 7.1 square miles

Hence,

Area of circular trail = 7.1 square miles

What is the mode of the data set?
8 5 3 9 12 9 2 3 6 11

Answers

Answer:

either 3 or 9

Step-by-step explanation:

3 and 9 repeat the most

If 2.29 x 19.79 = 45.3191, then without actual multiplication the value of 0.0229 x 1979 is?
If you answer this first, I will give brainliest.

Answers

Answer:

45.3191

Step-by-step explanation:

0.0229 is 100 times smaller that 2.29 but 1979 is 100 times greater than 19.79. Since they cancel each other out, the answer remains the same.

pls help asap !!!!!!

Answers

Answer:

could you try 33?

Step-by-step explanation:

if Rs is half that could be qt and z is the other 33.

HELP ME PLEASEEEEEEEEE

Answers

Answer:

3r

Step-by-step explanation:

there is an invisible 1 in front of the rs. Add them and you get 3r

Answer:

3r

Step-by-step explanation:

Let's replace r with a number.

For example,

r=3

3+3+3=9

We know also that 9=3 multiplied by 3. Therefore, r+r+r=3r

PLESE HELP I WILL GIVE BRAINLEST WORTH 18 POINTS ANSWER IF YOU ARE 100% SURE GIVE EXPLINATION

A flower bed is in the shape of a triangle, with a base of 13 feet and a height of 5 feet. What is the area of the flower bed?

1. 18 square feet

2. 32.5 square feet

3. 65 square feet

4. 130.5 square feet

Answers

Answer:

32.5

Step-by-step explanation:

For triangles you need to do base times height divided by 2

Answer:

Number 2: 32.5 square feet

Step-by-step explanation:

The formula for the area of a triangle is 1/2(base)(height)

In this case, our base is 13 ft and our height is 5 ft so we plug in those values into our formula

A = 1/2(13)(5) = 32.5

Therefore our area is 32.5 square feet.

who ever anwser my question fast and is quick i will give any body 200 point i will any one

Answers

Answer:

omg, can i have freeee points?? :,)

Step-by-step explanation:

Answer: Sure, but I want to be the brainiest for extra points :)

Step-by-step explanation:

(9g+7)+(3g+6) what is the awnser simplify

Answers

Answer:

12g+13 can I have brain lest...

Answer:

12g+13

Step-by-step explanation:

(9g+7)+(3g+6) (rewrite and remove the parentheses)

9g+7+3g+6 (collect the like terms and calculate)

solution: 12g+13

hope this helps!

The supreme choice pizza at Maria's Pizza Palace contains 2 different meats and 4 different vegetables. The customer can select any one of 5 types of crust. If there are 4 meats and 7 vegetables to choose from, how many different supreme choice pizzas can be made

Answers

Answer: Number of different supreme choice pizzas that can be made is 1050

Step-by-step explanation:

 Given the data in the question;

Number of ways in which crust can be selected = 5

Number of ways in which 2 meats can be selected from 4 = ⁴C₂

⇒  4! / ( 2! x (4-2)! )

= 6

Number of ways in which 4 vegetables can be selected from 7 = ⁷C₄

⇒  7! / ( 4! x (7-4)! )

= 35

so; Number of different supreme choice pizzas that can be made;

⇒ 5 × 6 × 35

= 1050

Therefore, Number of different supreme choice pizzas that can be made is 1050

8936245x18463 brainlist to who gets this right

Answers

164989891435 I think lol

The running time (in minutes) of a TV episode is 60-2c where c is the number of commericals aired during the episode. What is the running time of an episode with 15 commercials?

Answers

Answer:

60-2(15)=?

60-30=30

30 minutes

Index notation of 5 x 5 x 5 x 5​

Answers

5^4 (five to the 4th power)

Answer:

5^4

Step-by-step explanation:

What is the result of adding these two equations?
- 2x + y = -5
- 2x - 4y = 6

Answers

Answer: 5y = -11

Step-by-step explanation:

-2x + y = -5

(-2x - 4y = 6) -1

-2x + y = -5

2x + 4y = -6

System by elimination method

0 + 5y = -11

5y = -11

Answer:

-4x-3y=1

Step-by-step explanation:

when adding the wo equations, u must add like ters. -2x+-2x is -4x. and positive y+ -y= -3y and-5+6=1. so if u put it all together after adding all integers you get -4x-3y=1

Please help asap
During a sale at a department store, all ties are discounted by 75%. A customer buys a tie that was originally priced at $135. If an 8% sales tax was added after the discount was
taken, about how much money does the customer have to pay?
O $109.35
O $60.75
O $36.45
O $33.75
O $68.00

Answers

Answer:

answer of this qn is 36.45

Step-by-step explanation:

135×108÷100 then 145.8 will come and then 145.8×25÷100 hence ans will 36.45

The pyramid has a base that is a right
triangle with side lengths 3 feet , 4 feef , 5 feet .it’s height is 6 feet. What is the volume of the pyramid?

Answers

Answer:

36

OR

12

?

Step-by-step explanation:

Area of Triangle:   [tex]\frac{3*4}{2} = 6[/tex]

Volume:   6*6 = 36

Pyramid part confuses me.

volume of a pyramid:   [tex]\frac{1}{3}*B*H[/tex] = [tex]\frac{1}{3}*6*6[/tex] = 12

B = triangle area

H = height

If Steph Curry can shoot 72 free throws in 12 minutes, how many free throws
would he shoot each minute?

Answers

Answer:

6

Step-by-step explanation:

72/12=6 shoots each minute

Answer:

The answer is 6

Step-by-step explanation:

72 divided by 12 = 6

True or False?

The following relation represent a function.

Question 4 options:
True
False

Answers

I think it’s true. If I’m right give me brainiest plz!
Where is the problem?

f(2) =______________

Answers

Answer:

(2,-2)

Step-by-step explanation:

the graph...

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