A $22,000 loan was taken out. If $24,805 is due at the end of the loan after being compounded daily at 2.5%, how many
years was the loan for? (Round to the nearest tenth of a year)
Provide your answer below

Answers

Answer 1

9514 1404 393

Answer:

  4.8 years

Step-by-step explanation:

Solving the compound interest formula for the number of years gives ...

  t = log(A/P)/(n·log(1 +r/n))

where principal P invested at rate r compounded n times per year produces value A after t years.

  t = log(24805/22000)/(365·log(1 +0.025/365)) ≈ 4.800

The loan was for 4.8 years.


Related Questions

9.2% written as a decimal is

Answers

the answer will be 0.092 as a decimal

A tank is filled at a constant rate. 10 minutes after filling is started, the tank contains 4.8L of water. After 35 minutes the tank contains 7.3L of water.

a. Find the rate at which the tank is being filled?

b. Find the initial volume of fluid in the tank and express it as a function in terms of V and t.

c. Find how long it takes to filled, if the tank has a maximum capacity of 60L?

Answers

Answer:

Part A)

0.1 liters per minute.

Part B)

There was initially 3.8 liters of water.

[tex]\displaystyle V(t) = 0.1(t - 10) + 4.8[/tex]

Part C)

562 minutes.

Step-by-step explanation:

A tank is filled at a constant rate. After 10 minutes, the tank contains 4.8 L of water and after 35 minutes, the tank contains 7.3 L of water.

Part A)

We can represent the current data with two points: (10, 4.8) and (35, 7.3). The x-coordinate is measured in minutes since the tank began to be filled and the y-coordinate is measured in how full the tank is in liters.

To find the rate at which the tank is being filled, find the slope between the two points:

[tex]\displaystyle m = \frac{\Delta y}{\Delta x} = \frac{(7.3)-(4.8)}{(35)-(10)} = \frac{2.5}{25} = 0.1[/tex]

In other words, the rate at which the tank is being filled is 0.1 liters per minute.

Part B)

To find the function of the volume of the tank, we can use the point-slope form to first find its equation:

[tex]\displaystyle y - y_1 = m( x - x_1)[/tex]

Where m is the slope/rate of change and (x₁, y₁) is a point.

We will substitute 0.1 for m and let (10, 4.8) be the point. Hence:

[tex]\displaystyle y - (4.8) = 0.1(x - 10)[/tex]

Simplify:

[tex]\displaystyle y = 0.1(x-10) + 4.8[/tex]

Since y represent how full the tank is and x represent the time in minutes since the tank began to be filled, we can substitute y for V(t) and x for t. Thus, our function is:

[tex]\displaystyle V(t) = 0.1(t - 10) + 4.8[/tex]

The initial volume is when t = 0. Evaluate:

[tex]\displaystyle V(0) = 0.1 ((0) - 10) + 4.8 = 3.8[/tex]

There was initially 3.8 liters of water.

Part C)

To find how long it will take for the tank to be completely filled given its maximum capacity of 60 liters, we can let V(t) = 60 and solve for t. Hence:

[tex]60 = 0.1(t - 10) + 4.8[/tex]

Subtract:

[tex]55.2 = 0.1(t - 10)[/tex]

Divide:

[tex]552 = t - 10[/tex]

Add. Therefore:

[tex]t = 562\text{ minutes}[/tex]

It will take 562 minutes for the tank to be completely filled.

20. simplify each of the following: see the above picture
and get 40 points

Answers

Answer:

[tex]i)14 + 4 \sqrt{6} [/tex]

[tex]ii) \sqrt{10} + 28[/tex]

[tex]iii) 243[/tex]

Step-by-step explanation:

[tex]i)(2 \sqrt{3} + \sqrt{2} {)}^{2} [/tex]

➡️ [tex]12 + 4 \sqrt{6} + 2[/tex]

➡️ [tex]14 + 4 \sqrt{6} [/tex] ✅

●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●

[tex]ii)(3 \sqrt{5} - \sqrt{2} ) \times ( \sqrt{2} + 2 \sqrt{5} )[/tex]

➡️ [tex]3 \sqrt{10} + 30 - 2 - 2 \sqrt{10} [/tex]

➡️ [tex] \sqrt{10} + 28[/tex] ✅

●●●●●●●●●●●●●●●●●●●●●●●●●●●●●●

[tex]iii)3 \sqrt{81} \times 3 \sqrt{9} [/tex]

➡️ [tex]3 \times 9 \times 3 \times 3[/tex]

➡️ [tex]243[/tex] ✅

If two angles are complementary, find the measure of each of angle.

Answers

Answer:

B: 30 and 60

Step-by-step explanation:

First, let's set up an equation. Since the two angles are complementary, we can write the equation like this:

2p + p = 90

Now, let's solve it!

2p + p = 90

Combine like terms:

3p = 90

Divide each side by 3 to isolate p:

3p/3 = 90/3

p = 30

Now that we know how many degrees one of our angles is, we can subtract that from 90 to get both of the complementary angles.

90 - 30 = 60

Therefore, the two angles that are complementary in this case are 30 and 60 degrees.

6/6/ Is a proper fraction or improper fraction

Answers

Answer:

proper fraction

Step-by-step explanation:

a proper fraction has smaller numerator than its denominatot.

Answer: Proper Fraction

Step-by-step explanation:

The denominator is equal or bigger than the numerator.

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Consider rolling a fair die twice and tossing a fair coin nineteen times. Assume that all the tosses and rolls are independent.

The chance that the total number of heads in all the coin tosses equals 9 is(Q)_____ , and the chance that the total number of spots showing in all the die rolls equals 9 is(Q)__________ The number of heads in all the tosses of the coin plus the total number of times the die lands with an even number of spots showing on top (Q)______(Choose A~E)

a. has a Binomial distribution with n=31 and p=50%
b. does not have a Binomial distribution
c. has a Binomial distribution with n=21 and p=50%
d. has a Binomial distribution with n=21 and p=1/6
e. has a Binomial distribution with n=31 and p=1/6

Answers

Answer:

Hence the correct option is option c has a Binomial distribution with n=21 and p=50%.

Step-by-step explanation:

1)  

A coin is tossed 19 times,  

P(Head)=0.5  

P(Tail)=0.5  

We have to find the probability of a total number of heads in all the coin tosses equals 9.  

This can be solved using the binomial distribution. For binomial distribution,  

P(X=x)=C(n,x)px(1-p)n-x  

where n is the number of trials, x is the number of successes, p is the probability of success, C(n,x) is a number of ways of choosing x from n.  

P(X=9)=C(19,9)(0.5)9(0.5)10  

P(X=9)=0.1762  

2)  

A fair die is rolled twice.  

Total number of outcomes=36  

Possibilities of getting sum as 9  

S9={(3,6),(4,5)(5,4),(6,3)}  

The total number of spots showing in all the die rolls equals 9 =4/36=0.1111  

3)  

The event of getting a good number of spots on a die roll is actually no different from the event of heads on a coin toss since the probability of a good number of spots is 3/6 = 1/2, which is additionally the probability of heads. the entire number of heads altogether the tosses of the coin plus the entire number of times the die lands with a good number of spots has an equivalent distribution because the total number of heads in 19+2= 21 tosses of the coin. The distribution is binomial with n=21 and p=50%.

Determine what type of model best fits the given situation: A 4% raise in salary each year.

Answers

the models aren't given..

Answer: no models given

Step-by-step explanation:

A clothing factory makes small, medium, and large sweaters. Last week, the factory made
1,612 sweaters. The factory made 3 times as many small sweaters as large sweaters. They
made 3 times as many medium sweaters as small sweaters.
How many small sweaters did the factory make last week?

Answers

This requires finding the number of small sweaters the company made last week

Number of small sweaters the company produced last week is 372

Total sweaters made = 1,612

Let

Small sweaters = 3x

Medium sweaters = x

Large sweaters = 3(3x) = 9x

Total = small + medium + large

1,612 = 3x + x + 9x

1612 = 13x

Divide by 13

x = 1612/13

Medium sweaters = x = 124

Small sweaters = 3x

= 3(124)

= 372

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The area of a circle is 144cm².Find the radius​

Answers

Answer:

It's a decimal, so it's around 6.771cm

Step-by-step explanation:

First, divide 144cm² by pi, or 3.14. Then find the square root of the answer, giving you the radius. The formula for the area of a circle is pi x radius squared, so to find out the radius you just use this formula in reverse.

If I messed up or didn't make my explanation clear, please comment.

Answer:

radius is [tex]\frac{12}{\sqrt{\pi } }[/tex] = 6.77 cm

Step-by-step explanation:

we know,

[tex]\pi[/tex] × r² = Area

⇒ [tex]\pi[/tex] × r² = 144

⇒ r² =[tex]\frac{144}{\pi}[/tex]

⇒ r= [tex]\frac{12}{\sqrt{\pi } }[/tex]

∴ r= [tex]\frac{12}{\sqrt{\pi } }[/tex]

pls mark this as the braniliest

Question 3 of 28
What is the length of IN in the right triangle below?
M
19
N
O A. 442
B. 442
O c. 1200
D. 280

Answers

Answer:

Option C. √280

Step-by-step explanation:

From the question given above, the following data were obtained

MN = 19

ML = 9

LN =?

We can obtain the value of LN by using the pythagoras theory as illustrated:

M ² = ML² + LN²

19² = 9² + LN²

361 = 81 + LN²

Collect like terms

361 – 81 = LN²

280 = LN²

Take the square root of both side

LN = √280

Therefore, the length of LN is √280

U looking for BRAINLIEST? I'll give it to the first person to get it right
What is the shape of the distribution shown below?

A: The distribution is skewed to the left.
B: The distribution is approximately symmetrical.
C: The distribution is skewed to the right.

Answers

Answer:

A: The distribution is skewed to the left.

Step-by-step explanation:

Skewness:

If the distribution has a long left tail, it is skewed to the left.

If it has a long right tail, it is skewed to the right.

Otherwise, it is approximately symmetrical.

In this question:

Lots of values on the start(left), few on the end(right), so it is skewed to the left, and the correct answer is given by option a.

For the function f(x) = x^2 + 4x -5 solve the following f(x)=0

Answers

That's a question about quadratic function.

Any quadratic function can be represented by the following form:

[tex]\boxed{f(x)=ax^2+bx+c}[/tex]

Example:

[tex]f(x)= -3x^2-9x+57[/tex] is a function where [tex]a=-3[/tex], [tex]b=-9[/tex] and [tex]c=57[/tex].

Okay, in our problem, we need to find the value of x when [tex]f(x)=0[/tex]. That's mean that the result of our function is equal to zero. Therefore, we have the quadratic equation below:

[tex]x^2+4x-5=0[/tex]

To solve a quadratic equation, we use the Bhaskara's formula. Do you remember the value of a, b and c? They going to be important right now. This is the Bhaskara's formula:

[tex]\boxed{x=\frac{-b\pm \sqrt{b^2-4ac} }{2a} }[/tex]

So, let's see the values of a, b and c in our equation and apply them in the Bhaskara's formula:

In [tex]x^2+4x-5=0[/tex] equation, [tex]a=1[/tex], [tex]b=4[/tex] and [tex]c=-5[/tex]. Let's replace those values:

[tex]x=\frac{-b\pm \sqrt{b^2-4ac} }{2a}[/tex]

[tex]x=\frac{-4\pm \sqrt{4^2-4\times1\times(-5)} }{2\cdot1}[/tex]

[tex]x=\frac{-4\pm \sqrt{16-(-20)} }{2}[/tex]

[tex]x=\frac{-4\pm \sqrt{16 + 20)} }{2}[/tex]

[tex]x=\frac{-4\pm \sqrt{36} }{2}[/tex]

[tex]x=\frac{-4\pm 6 }{2}[/tex]

From now, we have two possibilities:

To add:

[tex]x_1 = \frac{-4+6}{2} \\x_1=\frac{2}{2} \\x_1=1[/tex]

To subtract:

[tex]x_2=\frac{-4-6}{2} \\x_2=\frac{-10}{2} \\x_2=-5[/tex]

Therefore, the result of our problem is: [tex]x_1 = 1[/tex] and [tex]x_2=-5[/tex].

I hope I've helped. ^^

Enjoy your studies.  \o/

find the slope of a line perpendicular to each given line number 11

Answers

Answer:

Slope = 5

Step-by-step explanation:

To find the slope of a line perpendicular to a given line, take the opposite reciprocal of the given line's slope.

Ex. -1/5 ⇒ 5

Opposite = opposite sign (- ⇒ +)

Reciprocal = numerator and denominator flipped (1/5 ⇒ 5/1 = 5)

What function type does the table of values represent?

Answers

Answer:

Quadratic

Step-by-step explanation:

Answer:

Linear

Step-by-step explanation:

for every one unit increase in x, there is a 3 unit increase in y

The slope of the plot line would be 3

The y intercept of the plot line would be -1

y = 3x - 1

Simplify 13 x - 4[ x + (3 - x )].
A.9x-1
B.8x-12
C.13x-12

Answers

13x - 4[x + (3 - x)] =

= 13x - 4(x + 3 - x) =

= 13x - 4 · 3 = 13x - 12

C.

Answer:

13x -12

Step-by-step explanation:

13 x - 4[ x + (3 - x )].

Combine like terms inside the brackets

13 x - 4[ 3 -0x]

13x - 4[3]

Multiply

13x -12

Need help with this- Precalculus

Answers

use x^2 when x=0 because the restriction for it is "use x if x is less than or equal to 1"

when x = 0, (0)^2 will make f(x) = 0

the graph of f(x) will just be a dot at 0

Please tell me answer not by directly step by step please don't write answer only please please please

Answers

y + z + r + x = 360

2x + 3x + 4x + x = 360

10x = 360

x = 360/10

x = 36

Now

x = 36

y = 72

z = 108

r = 144

Answered by Gauthmath must click thanks and mark brainliest

Megan and Suzanne each have a plant. They track the growth of their plants for four weeks.
Whose plant grew at a faster rate, and what was the rate?

Suzanne’s at 2 inches per week
Suzanne’s at 1.5 inches per week
Megan’s at 3 inches per week
Megan’s at 2.5 inches per week

Answers

Answer:

Megan’s at 2.5 inches per week

simplify each expression below. Compare your answers with your classmates answers.

Answers

Answer:

1)17

2)33

3)9

4)27

5)1252

6)50

Step-by-step explanation:

1)17
2)33
3)9
4)27
5)1252
6)50

Hope this helped:

What is the remainder for the synthetic division problem below?
2/ 3 1 2 -7
A. 25
B. 17
C. -29
D. -39

Answers

Answer:

B.17

Step-by-step explanation:

B.17

B.17

B.17

B.17

Can any one solve this.Please

Answers

Answer:

True

Step-by-step explanation:

The first derivative tells you the slope of the graph at a specific point. If f'(c) =0, then that means that at f(c), the slope of the graph is 0. It is neither going up nor down

The second derivative tells you the slope of the slope of the graph. If f''(c) < 0, this means that the slope is decreasing. This means that going from the left to f(c), the slope is greater than the slope at f(c), and going from f(c) to the right, the slope is less than the slope at f(c).

Therefore, since the slope at f(c) is 0, the slope is positive to the left of f(c) and negative to the right of f(c). This means that the graph is going up until it hits f(c) and then goes down. Because f(c) is greater than the values to the left of it (because it is going up until it hits f(c)) and the values to the right of it (because it is going down past f(c)), f(c) is a local maximum

In a regression analysis involving 30 observations, the following estimated regression equation was obtained. If required enter negative values as negative numbers.
In a regression analysis involving 30 observations
Interpret b1, b2, b3, and b4 in this estimated regression equation (to 1 decimal). Assume that for each coefficient statement, the remaining three variables are held constant. Enter negative values as negative numbers.
b1 = estimated change in y per 1 unit change in x1
b2 = estimated change in y per 1 unit change in x2
b3 = estimated change in y per 1 unit change in x3
b4 = estimated change in y per 1 unit change in x4
Predict y when x1 = 10, x2 = 5, x3 = 1, and x4 = 2 (to 1 decimal).

Answers

In this, question the equation is missing that's why in the solution we define the equation and its complete solution:

Let the given equation:

[tex]\bold{\hat{h}=17.6+3.8x_1-2.3x_2+7.6x_3+2.7x_4}[/tex]

[tex]\bold{b1 = 3.8}[/tex] units expect changes in the y for each 1 unit change in [tex]\bold{x_1}[/tex]

[tex]\bold{b2 = -2.3 }[/tex] units expect changes in the y for each 1 unit change in  [tex]\bold{x_2}[/tex]

[tex]\bold{b3 = 7.6 }[/tex] units expect changes in the y for each 1 unit change in [tex]\bold{x_3}[/tex]

[tex]\bold{b4 = 2.7}[/tex] units expect changes in the y for each 1 unit change in [tex]\bold{x_4}[/tex]

Calculating the estimated value of the y when:

[tex]\to \bold{x_1 = 10}\\\\ \to \bold{x_2 = 5}\\\\\to \bold{x_3 = 1}\\\\\to \bold{x_4 = 2}\\\\[/tex]

Put the value into the above-given equation:

[tex]\to \bold{17.6 + 3.8(10) - 2.3(5) + 7.6(1) + 2.7(2)} \\\\\to \bold{17.6 + 38 - 11.5 + 7.6 + 5.4} \\\\\to \bold{17.6 + 38 - 11.5 + 7.6 + 5.4} \\\\\to \bold{68.6-11.5}\\\\\to \bold{57.1}[/tex]

So, the final answer is "57.1".  

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An amount of $700 was invested at 7% for 7 months what is the interest? Round your answer to your nearest cent.

Answers

Answer:

$343

step by step explanation: interest=PRT/100

:I=700×7×7/100

:I=$343.

Given:

Principal, P = $700

Rate of interest, R = 7% = 0.07

Time period, T = 7 months (it is considered as a monthly investment)

∴ Simple Interest, SI = PRT

SI = 700 × 0.07 × 7

SI = $343

What is straightforward interest and model?

Straightforward Simple Interest is the strategy for working out the premium sum for a specific chief measure of cash at some pace of revenue. For instance, when an individual takes credit of Rs. 5000, at a pace of 10 p.a. for a very long time, the individual's advantage for quite some time will be S.I. on the acquired cash.

Straightforward recipes generally start with an equivalent sign (=), trailed by constants that are numeric qualities and computation administrators like in addition to (+), short (- ), asterisk(*), or forward cut (/) signs.

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How many hours will it take to complete a 45-km bike ride if you go 12km per hour the whole time?

Answers

Answer:

3.75 hours

Step-by-step explanation:

d = rt

where d is the distance, r is the rate and t is the time

45 = 12 t

Divide each side by 12

45/12 = t

3.75 hours = t

Find the inequality represented by the graph

I'm using khan academy btw

Answers

Answer:

Step-by-step explanation:

slope of line through (0,0) and (4,3) =(3-0)/(4-0)=3/4

eq. of line is y-0=3/4(x-0)

y=3/4 x

put x=4

y=2

2=3/4×4

2=3

which is true if 2<3

2<3

so y<3/4 x

How??????????????????????

Answers

Answer:

y=-1/3x+7

Step-by-step explanation:

y=mx+c

m=-1/3, c=7

y=-1/3x+7

Use the information angle 8 is congruent to angle 11 to determine which lines are parallel.
A. p || q
B. l || m
C. m || n
D. l || n

Answers

Answer:

A

Step-by-step explanation:

based on line p and q

Answer: p || q

Or A

Step-by-step explanation:

good luck

Derive the explicit rule for the pattern: 3, 0, - 3, - 6, - 9, ...

Answers

Answer:

Step-by-step explanation:

a1 = 3

d = -3

an = a1 + (n - 1)*d

an = a1 + (n - 1)*-3

Try it

Let n = 5

a5 = 3 + (5 - 1)*-3

a5 = 3 + 4*-3

a5 = 3 - 12

a5 = - 9 which is exactly what it should be.

The interesting one to try is n = 2

a2 = a1 + (2 - 1)*-3

a3 = 3  + 1(-3)

a3 = 3 - 3

a3 =0

Which is exactly what the second term is. It's interesting because you would never guess that 0 is what you get.

The weight (in pounds) and height (in inches) for a child were measured every few months over a two-year period. The measurements are given in the table.


Using technology, what is the equation for the least-squares regression line?

y= –34.13 1.98x

y = 1.98 – 34.13x

y = 17.37 0.50x

y = 0.50 17.37x

I think it's (C) y = 17.37 0.50x --> 100%

Answers

Answer:

The answer is (C)

17.37 + .50x

ED2021

Are the ratios 6:3 and 2:1 equivalent?

Answers

yes because 2 x 3 is 6 and 1 x 3
is 3 so it would be equivalent
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