Josephine left home traveling at 25 mph. One hour later her friend, Steve, leaves from the same place and travels the same road traveling at 50 mph. How many hours will it take Steve to catch up to Josephine?

Answers

Answer 1

Answer:

1 hour

Step-by-step explanation:

J = 50 mph by 2 hours

S = 50 mph by 1 hour

2-1 = 1


Related Questions

nit 4 Topic 3 HW Sets Applications e Sunday by 11:59pm Points 100 Submitting an external tool Question How many subsets and proper subsets does the set M = {1,2,3} have? Select the correct answer below:​

Answers

Answer:

ghthtf

Step-by-step explanation:

tygtgg

Let Y1 and Y2 denote the proportions of time (out of one workday) during which employees I and II, respectively, perform their assigned tasks. The joint relative frequency behavior of Y1 and Y2 is modeled by the density function.

f (y 1,y2)=y 1+y 2 o<=y 1<=1, 0<=y2<=1(0 elsewhere)

a. Find P (Y1< 1/2,y2>1/4)
b. Find P(Y 1+Y2<=1)
Are Y1 and Y2 independent?

Answers

(a) The region Y₁ < 1/2 and Y₂ > 1/4 corresponds to the rectangle,

{(y₁, y₂) : 0 ≤ y₁ < 1/2 and 1/4 < y₂ ≤ 1}

Integrate the joint density over this region:

[tex]P\left(Y_1<\dfrac12,Y_2>\dfrac14\right) = \displaystyle\int_0^{\frac12}\int_{\frac14}^1 (y_1+y_2)\,\mathrm dy_2\,\mathrm dy_1 = \boxed{\dfrac{21}{64}}[/tex]

(b) The line Y₁ + Y₂ = 1 cuts the support in half into a triangular region,

{(y₁, y₂) : 0 ≤ y₁ < 1 and 0 < y₂ ≤ 1 - y₁}

Integrate to get the probability:

[tex]P(Y_1+Y_2\le1) = \displaystyle\int_0^1\int_0^{1-y_1}(y_1+y_2)\,\mathrm dy_2\,\mathrm dy_1 = \boxed{\dfrac13}[/tex]

Y₁ and Y₂ are not independent because

P(Y₁ = y₁, Y₂ = y₂) ≠ P(Y₁ = y₁) P(Y₂ = y₂)

To see this, compute the marginal densities of Y₁ and Y₂.

[tex]P(Y_1=y_1) = \displaystyle\int_0^1 f(y_1,y_2)\,\mathrm dy_2 = \begin{cases}\frac{2y_1+1}2&\text{if }0\le y_1\le1\\0&\text{otherwise}\end{cases}[/tex]

[tex]P(Y_2=y_2) = \displaystyle\int_0^1 f(y_1,y_2)\,\mathrm dy_1 = \begin{cases}\frac{2y_2+1}2&\text{if }0\le y_2\le1\\0&\text{otherwise}\end{cases}[/tex]

[tex]\implies P(Y_1=y_1)P(Y_2=y_2) = \begin{cases}\frac{(2y_1+1)(2y_2_1)}4&\text{if }0\le y_1\le1,0\ley_2\le1\\0&\text{otherwise}\end{cases}[/tex]

but this clearly does not match the joint density.

A statistics class weighed 20 bags of grapes purchased from the store. The bags are advertised to contain 16 ounces, on average. The class calculated the 90% confidence interval for the true mean weight of bags of grapes from this store to be (15.875, 16.595) ounces. What is the sample mean weight of grapes, and what is the margin of error?
O The sample mean weight is 15.875 ounces, and the margin of error is 16.595 ounces.
O The sample mean weight is 16.235 ounces, and the margin of error is 0.360 ounces.
O The sample mean weight is 16.235 ounces, and the margin of error is 0.720 ounces.
O The sample mean weight is 16 ounces, and the margin of error is 0.720 ounces.

Answers

Answer:

The sample mean weight is 16.235 ounces, and the margin of error is 0.360 ounces

Step-by-step explanation:

To find the sample mean, we can find the mean of the confidence interval.

(15.875 + 16.595)/2 = 16.235

To find the margin of error, that is the difference between the mean and one of the edges of the confidence interval. 16.595 - 16.235 = 0.36

The sample mean weight is 16.235 ounces, and the margin of error is 0.360 ounces

Answer:

C. We are 90% confident that the interval from 15.875 ounces to 16.595 ounces captures the true mean weight of bags of grapes.

Step-by-step explanation:

plz g0ive me solution

Answers

Answer:

separate the x from the numbers it will make the equation easier

Solve the simultaneous equations
6
x
+
2
y
=
12
5
x
+
2
y
=
8

Answers

Answer: x=4, y=-6

Step-by-step explanation:

What is the circumference of the given circle in terms of [tex]\pi[/tex]?

a. 14[tex]\pi[/tex] in.
b. 28[tex]\pi[/tex] in.
c. 42[tex]\pi[/tex] in.
d. 196[tex]\pi[/tex] in.

Answers

Answer:

b. 28[tex]\pi[/tex] in.

Step-by-step explanation:

circumference of a circle = 2 [tex]\pi[/tex] r

whrere r is the radius of rhe circle

= 2 × [tex]\pi[/tex] × 14 in.

= 28 [tex]\pi[/tex] in.

that is option b

We have to find,

The circumference of the given circle in terms of the π.

The formula we use,

→ C = 2πr

Then we can find the circumference,

→ 2 × π × r

→ 2 × π × 14

→ 28π in.

Hence, option (b) is correct answer.

would someone help me out with this question? I got it wrong the first time but I don't understand how.​

Answers

Answers:

Choice 2) Angle ABC is bisected by ray BD.

Choice 3) BC = 1/2 AC

Choice 5) 2*(angle DBC) = angle ABC

================================================

Explanation:

Since B is the midpoint of AC, this means that AC is cut in half to form the smaller equal pieces AB and BC

We can then say

AB+BC = AC

BC+BC = AC

2BC = AC

BC = (1/2)*AC

which shows why choice 3 is one of the answers

----------------------

Angle ABD is shown to be 90 degrees. Let's say we didn't know angle DBC is also 90. Lets call it x

(angle ABD) + (angle DBC) = 180

90 + x = 180

x = 180 - 90

x = 90

So angle DBC is also 90.

We can see that the 180 degree angle (ABC) is cut in half into two smaller 90 degree angles (ABD and DBC). Therefore, angle ABC has been cut in half and that's why choice 2 is another answer.

------------------------

Using the angle addition postulate, we know that,

(angle ABD) + (angle DBC) = angle ABC

(angle DBC) + (angle DBC) = angle ABC

2*(angle DBC) = angle ABC

Showing why choice 5 is the third answer.

------------------------

Choice 1 isn't true since ray BD helps form angle DBC.

Choice 4 isn't true because there isn't a tickmark on segment BD to indicate it's the same length as BC.


Helppppppppp ASAP!!!!!

The graphs below have the same shape . The equation of the blue graph is f(x) =2^x . Which of these is the equation of the red graph

Answers

Answer:

[tex]{ \bf{c). \: g(x) = {2}^{x} - 2 }}[/tex]

Two balls are drawn with replacement from a bag containing 12 red,3 white and 1 blue balls.what is the probability that both are red?​

Answers

The probability that both the balls are red = [tex]\bold{\frac{11}{20}}[/tex]

What is probability?

"Probability is a branch of mathematics which deals with finding out the likelihood of the occurrence of an event."

Formula of the probability of an event A is:

P(A) = n(A)/n(S)

where,  n(A) is the number of favorable outcomes, n(S) is the total number of events in the sample space.

What is the formula of combination?

"[tex]^nC_r=\frac{n!}{r!(n-r)!}[/tex]"

For given question,

a bag contains 12 red, 3 white and 1 blue balls.

Total balls = 12 + 3 + 1

Total = 16

Two balls are drawn from a bag.

The number of possible ways of drawing 2 balls from the bag are:

Using combination formula,

[tex]^{16}C_2\\\\=\frac{16!}{2!(16-2)!}\\\\ =\frac{16!}{2!\times 12!}\\\\ =120[/tex]

So, n(S) = 120

Two balls are drawn with replacement from a bag.

We need to find the probability that both are red.

Let event A: both the balls are red

[tex]\Rightarrow n(A)=^{12}C_2[/tex]

Using combination formula,

[tex]^{12}C_2\\\\=\frac{12!}{2!\times (12-2)!}\\\\= \frac{12!}{2!\times 10!}\\\\ =66[/tex]

Using probability formula,

[tex]\Rightarrow P(A)=\frac{n(A)}{n(S)}\\\\\Rightarrow P(A)=\frac{66}{120}\\\\\Rightarrow P(A)=\frac{11}{20}[/tex]

Therefore, the probability that both the balls are red = [tex]\bold{\frac{11}{20}}[/tex]

Learn more about probability here:

brainly.com/question/11234923

#SPJ2

rotation 90 degrees counterclockwise about the origin​

Answers

Answer:

Point W = (-3, 3)Point X = (-3, 2)Point V = (-2, 3)

The rotation rule states that rotation 90° counterclockwise means (x, y) = (-y, x)

The new points would be equal to:

Point W' = (-3, -3)Point X' = (-2, -3)Point V' = (-3, -2)

Try graphing it to see if the new points make sense(because I'm not too sure :\)

Kim ran 9/10 of a mile. Adrian ran 3/5 of a mile Adrian claims that Kim ran 1 3/10 times farther than him Kim says that she actually ran 1/2 times farther than Adrian who is correct

Answers

9514 1404 393

Answer:

  Kim

Step-by-step explanation:

The ratio of Kim's distance to Adrian's distance is ...

  (9/10)/(3/5) = (9/10)/(6/10) = 9/6 = 3/2 = 1.5

__

You need to be very careful with the wording here. Kim ran 1 1/2 times as far as Adrian. That is, she ran Adrian's distance plus 1/2 Adrian's distance.

If we take the wording "1/2 times farther" to mean that 1/2 of Adrian's distance is added to Adrian's distance, then Kim is correct.

_____

In many Algebra problems, you will see the wording "k times farther" to mean the distance is multiplied by k. If that interpretation is used here, neither claim is correct, as Kim's distance is 1 1/2 times farther than Adrian's.

On the other hand, if the value of "k" is expressed as a percentage, the interpretation usually intended is that that percentage of the original distance is added to the original distance. Using this interpretation, Kim's distance is 50% farther than Adrian's. (Note the word "times" is missing here.)

__

Since Adrian ran 1 5/10 the distance Kim ran, Adrian's claim is incorrect regardless of the interpretation. If you require one of the two to be correct, then Kim is.

Please help with problem

Answers

9514 1404 393

Answer:

∠CAE ≈ 16.7°DF ≈ 5.3

Step-by-step explanation:

a) Angle CAE can be found using the tangent relation.

  tan(∠CAE) = CE/AE

  tan(∠CAE) = 6/20

  ∠CAE = arctan(6/20) ≈ 16.7°

__

b. The length of DF can be found using the law of cosines.

  DF² = FA² +DA² -2·FA·DA·cos(A)

  DF² = 14² +10² -2·14·10·cos(16.7°) ≈ 27.8086

  DF ≈ √27.8086

  DF = 5.3

Which equation represents the line that passes through points (1, –5) and (3, –17)?

Answers

Answer:

equation : y= -6 + 1

Step-by-step explanation:

through: (-2, 2), parallel to y=-x-5

Answers

Answer:

y = -x.

Step-by-step explanation:

The slope of the line (m) = -1.  ( because of the -x in y = -x - 5)

y - y1 = m (x - x1)    where (x1, y1) is a point on the line, so we get;

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

y - 2 = -x + -1 * +2

y - 2 = -x - 2

y = -x.

What is y=-2(x+3)^2+2

Answers

Answer:

y = -2(x + 3)² + 2

y = 2{ -(x + 3)²+ 1}

y = 2{ -(x² + 6x + 9) + 1}

y = 2{ -x² - 6x - 9 + 1}

y = 2{ -x² - 6x - 8 }

y = -2 { x² + 6x + 8}

OR

y = -2{(x + 4)(x + 2)}

from an observer o, the angles of elevation of the bottom and the top of a flagpole are 40° and 45° respectively.find the height of the flagpole?​

Answers

Answer:

Take a look of the image below, we can think on this problem as a problem of two triangle rectangles.

We can see that both triangles share the adjacent cathetus, then the height of the flagpole is just the difference between the opposite cathetus.

Remember the relation:

Tan(a) = (opposite cathetus)/(adjacent cathetus)

So, if we define H as the height of the cliff

X as the distance between the observer and the cliff

and h as the height of the flagopole

we can write:

tan(40°) = H/X

tan(45°) = (H + h)/X

Notice that we have two equations and 3 variables (we should have the same number of equations than variables) then here is missing information, and we can't get an exact solution for the height of the flagpole.

But we can write it in terms of the height of the cliff H, or in terms of the distance between the observer and the cliff.

We want to find the value of h.

If we take the quotient between both equations, we get:

Tan(45°)/Tan(40°) = (H + h)/H

1.192 = (H + h)/H

1.192*H = H + h

1.192*H - H = h

0.192*H = h

So the height of the flagpole is 0.192 times the height of the cliff.

Help and explain !!!!!!

Answers

Answer:

x = -4   or   x = 5

Step-by-step explanation:

To solve the absolute value equation

|X| = k

where X is an expression in x, and k is a non-negative number,

solve the compound equation

X = k or X = -k

Here we have |2 - 4x| = 18

In this problem, the expression, X, is 2 - 4x, and the number, k, is 18.

We set the expression equal to the number, 2 - 4x = 18, and we set the expression equal to the negative of the number, 2 - 4x = -18. Then we solve both equations.

2 - 4x = 18  or  2 - 4x = -18

-4x = 16   or   -4x = -20

x = -4   or   x = 5

Answer:

x = -5 . x= 4

Step-by-step explanation:

because |4| = 4 and |-4| = 4

you can see that TWO inputs can get an output of (lets say) 4

The absolute value function can be seen as a function that ignores negative signs

so to get an OUTPUT of "18" using the absolute value function

there are really two ways of getting there

"2-4x = 18"  AND "2-4x = -18"

if you solve both of those you will find that -5 and 4 will

produce the 18 and -18

Identify the sampling techniques used, and discuss potential sources of bias (if any). Assume the population of interest is the student body at a university. Questioning students as they leave an academic building, a researcher asks 341 students about their eating habits.

1. What type of sampling is used?

a. Systematic sampling is used, because students are selected from a list, with a fixed interval between students on the list.
b. Cluster sampling is used because students are divided into groups, groups are chosen at random, and every student in one of those groups is sampled.
c. Simple random sampling is used because students are chosen at random.
d. Stratified sampling is used because students are divided into groups, and students are chosen at random from these groups.
e. Convenience sampling is used because students are chosen due to convenience of location.

2. What potential sources of bias are present if any. Select all that apply.

a. University students may not be representative of all people in their age group.
b. The sample only consists of members of the population that are easy to get. These members may not be representative of the population.
c. Because of the personal nature of the question, students may not answer honestly.
d. There are no potential sources of bias.

Answers

Answer:

1.  e. Convenience sampling is used because students are chosen due to convenience of location.

2. a. University students may not be representative of all people in their age group.

Step-by-step explanation:

Samples may be classified as:

Convenient: Sample drawn from a conveniently available pool.

Random: Basically, put all the options into a hat and drawn some of them.

Systematic: Every kth element is taken. For example, you want to survey something on the street, you interview every 5th person, for example.

Cluster: Divides population into groups, called clusters, and each element in the cluster is surveyed.

Stratified: Also divides the population into groups. However, then only some elements of the group are surveyed.

Questioning students as they leave an academic building, a researcher asks 341 students about their eating habits.

Students sampled as they leave the build, which is convenience, in this case convenience of location, which means that the correct answer to question 1 is given by option e.

2. What potential sources of bias are present if any. Select all that apply.

Only members of one group are asked(university students), and this may not be representative of the rest of the population, which means that the correct answer to question 2 is given by option a.


Find all relative extrema of the function. Use the Second Derivative Test where applicable. (If an answer does not exist, enter DNE.)
f(x) = x² + 5x – 2

relative maximum
(x, y) = DNE


relativo minimum
(x, y) =

Answers

Answer:

Relative minimum: [tex]\left(-\frac{5}{2}, -\frac{33}{4}\right)[/tex], Relative maximum: [tex]DNE[/tex]

Step-by-step explanation:

First, we obtain the First and Second Derivatives of the polynomic function:

First Derivative

[tex]f'(x) = 2\cdot x + 5[/tex] (1)

Second Derivative

[tex]f''(x) = 2[/tex] (2)

Now, we proceed with the First Derivative Test on (1):

[tex]2\cdot x + 5 = 0[/tex]

[tex]x = -\frac{5}{2}[/tex]

The critical point is [tex]-\frac{5}{2}[/tex].

As the second derivative is a constant function, we know that critical point leads to a minimum by Second Derivative Test, since [tex]f\left(-\frac{5}{2}\right) > 0[/tex].

Lastly, we find the remaining component associated with the critical point by direct evaluation of the function:

[tex]f\left(-\frac{5}{2} \right) = \left(-\frac{5}{2} \right)^{2} + 5\cdot \left(-\frac{5}{2} \right) - 2[/tex]

[tex]f\left(-\frac{5}{2} \right) = -\frac{33}{4}[/tex]

There are relative maxima.

simplify 3 / 8 (–2 / 7 +(–3 / 8 ×2 / 5)​

Answers

Answer:

so the answer is 0.16339

A humanities professor assigns letter grades on a test according to the following scheme. A: Top 13% of scores B: Scores below the top 13% and above the bottom 60% C: Scores below the top 40% and above the bottom 23% D: Scores below the top 77% and above the bottom 8% F: Bottom 8% of scores Scores on the test are normally distributed with a mean of 70 and a standard deviation of 9.6. Find the minimum score required for an A grade. Round your answer to the nearest whole number, if necessary

Answers

Answer:

81

Step-by-step explanation:

Given data:

mean μ = 70.

standard deviation σ, 9.6.

P(Z < 1.123) = 0.13

z = 1.13

Use the z-score formula,

x = z×σ +μ

Substitute the values in the above equation.

x = 1.13 9.6 + 70 = 81

The minimum score required for an A grade is = 81

Find the distance between the two points.(-7,4/19) and (7,4/9)

Answers

Answer:

d=(14,0)

Step-by-step explanation:

√(7-(-7))^+(4/19-4/19)^√(7+7)^+(0)^√(14)^+0= 14

Assisted-Living Facility Rent. Costs are rising for all kinds of medical care. The mean monthly rent at assisted-living facilities was reported to have increased 17% over the last five years to $3486. Assume this cost estimate is based on a sample of 120 facilities and, from past studies, it can be assumed that the population standard deviation is .

Answers

Complete Question

Assisted-Living Facility Rent.Costs are rising for all kinds of medical care. The mean monthly rent at assisted-living facilities was reported to have increased 17% over the last five years to $3486 (the Wall Street Journal, October 27, 2012). Assume this cost estimate is based on a sample of 120 facilities and, from past studies, it can be assumed that the population standard deviation is s = $650. a. Develop a 90% confidence interval estimate of the population mean monthly rent.

Answer:

[tex]CI: 3388.39<X<3583.61[/tex]

Step-by-step explanation:

Sample Size n=120

Mean \=x =3486

Standard Deviation \sigma=650

Confidence interval CI=0.9

Therefore

Level of sig [tex]\alpha=0.1[/tex]

Therfore

The Critical Value from table is

Z_c=1.645

Generally the equation for Standard error is mathematically given by

[tex]S.E=\frac{\sigma}{\sqrt{n}}[/tex]

[tex]S.E=\frac{650}{\sqrt{120}}[/tex]

[tex]S.E=59.3366[/tex]

Generally the equation for Margin error is mathematically given by

[tex]M.E= = Z_c * SE[/tex]

[tex]M.E=1.65 * 59.34[/tex]

[tex]M.E= 97.61[/tex]

Therefore

[tex]CI= \=x \pm M.E[/tex]

[tex]CI= 3486 \pm 97.61[/tex]

Lower limit

[tex]LL= \=x-M.E=3486-97.6087[/tex]

[tex]LL= 3388.39[/tex]

Upper limit:

[tex]UL= \=x+E=3486+97.6087[/tex]

[tex]UL= 3583.61[/tex]

Therefore The  90% confidence interval estimate of the population mean monthly rent.

[tex]CI: 3388.39<X<3583.61[/tex]

You buy a six pack of Gatorade for $9.00. What is the unit price or the price per bottle?

Answers

Answer:

Price per bottle is 1.5 or $1.50

Step-by-step explanation:

To get price per unit, you just divide the amount of money spent by the items purchased. 9/6 = 1.5

How many flowers spaced every 4 inches are needed to surround a circular garden with a 15-foot radius? Round all circumference and area calculations to the nearest whole number.

Answers

Answer:

283 flowers

Step-by-step explanation:

c=2pi*r

c = 1130.973 =1131

1131/4

282.75 = 283

find the LCM of ;
(1+4x+4x2-16x) and (1+2x-8x3-16x4)​

Answers

Answer:

16x4−4x2+4x−116x4−4x2+4x−1

=16x4−(4x2−4x+1)=16x4−(4x2−4x+1)

=(4x2)2−(2x−1)2∵a2−2ab+b2=(a−b)2=(4x2)2−(2x−1)2∵a2−2ab+b2=(a−b)2

=(4x2−2x+1)(4x2+2x−1)∵a2−b2=(a−b)(a+b

Step-by-step explanation:

Find the points on the given curve where the tangent line is horizontal or vertical. (Assume 0 ≤ θ ≤ 2π. Enter your answers as a comma-separated list of ordered pairs.) r = 1 − sin(θ) horizontal tangent

Answers

The tangent to the curve at a point P (x, y) has slope dy/dx at that point. By the chain rule,

dy/dx = (dy/dθ) / (dx/dθ)

We're in polar coordinates, so

y (θ) = r (θ) sin(θ)   ==>   dy/dθ = dr/dθ sin(θ) + r (θ) cos(θ)

x (θ) = r (θ) cos(θ)   ==>   dx/dθ = dr/dθ cos(θ) - r (θ) sin(θ)

We're given r (θ) = 1 - sin(θ), so that

dr/dθ = -cos(θ)

Then the slope of the tangent to the curve at P is

dy/dx = (dr/dθ sin(θ) + r (θ) cos(θ)) / (dr/dθ cos(θ) - r (θ) sin(θ))

dy/dx = (-cos(θ) sin(θ) + (1 - sin(θ)) cos(θ)) / (-cos²(θ) - (1 - sin(θ)) sin(θ))

dy/dx = - (cos(θ) - sin(2θ)) / (sin(θ) + cos(2θ))

The tangent is horizontal if dy/dx = 0 (or when the numerator vanishes):

cos(θ) - sin(2θ) = 0

cos(θ) - 2 sin(θ) cos(θ) = 0

cos(θ) (1 - 2 sin(θ)) = 0

cos(θ) = 0   or   1 - 2 sin(θ) = 0

cos(θ) = 0   or   sin(θ) = 1/2

[θ = π/2 + 2   or   θ = 3π/2 + 2]   or   [θ = π/6 + 2   or   θ = 5π/6 + 2]

where n is any integer.

In the interval 0 ≤ θ ≤ 2π, we get solutions of θ = π/6, θ = 5π/6, and θ = 3π/2. (We omit π/2 because the denominator is zero at that point and makes dy/dx undefined.) So the points where the tangent is horizontal are themselves (√3/4, 1/4), (-√3/4, 1/4), and (0, -2), respectively.

The tangent is vertical if 1/(dy/dx) = 0 (or when the denominator vanishes):

sin(θ) + cos(2θ) = 0

sin(θ) + (1 - 2 sin²(θ)) = 0

2 sin²(θ) - sin(θ) - 1 = 0

(2 sin(θ) + 1) (sin(θ) - 1) = 0

2 sin(θ) + 1 = 0   or   sin(θ) - 1 = 0

sin(θ) = -1/2   or   sin(θ) = 1

[θ = 7π/6 + 2   or   θ = 11π/6 + 2]   or   [θ = π/2 + 2]

Then for 0 ≤ θ ≤ 2π, the tangent will be vertical for θ = 7π/6 and θ = 11π/6, which correspond respectively to the points (-3√3/4, -3/4) and (3√3/4, -3/4). (Again, we omit π/2 because this makes dy/dx non-existent.)

(-3,-7) is it a solution

Answers

Answer:

It could be a solution

Step-by-step explanation:

This depends on what equation you are solving. It could be a solution for a quadratic or even a transformation problem.

Simplify the radical expression below square root of 5/64
A square root 5/8
B 5/64
C square root 5/64
D 5/8

Answers

Answer:

a

Step-by-step explanation:

square root distribute to numerator and denominator so both get square rooted [tex]\sqrt{5}[/tex]/8

Hannah would like to make an investment that will turn 8000 dollars into 33000 dollars in 7 years. What quarterly rate of interest, compounded four times per year, must she receive to reach her goal?

Answers

Answer:

20.76%

Step-by-step explanation:

[tex]33000=8000(1+\frac{i}{4})^{4*7}\\4.125=(1+\frac{i}{4})^{28}\\\sqrt[28]{4.125}=1+\frac{i}{4} \\i= .207648169[/tex]

which rounds to 20.76%

Answer:

About 0.2076 or 20.76%.

Step-by-step explanation:

Recall that compound interest is given by the formula:

[tex]\displaystyle A=P\left(1+\frac{r}{n}\right)^{nt}[/tex]

Where A is the final amount, P is the principal, r is the interest rate, n is the number of times the interest is applied per year, and t is the number of years.

Since Hannah wants to turn an $8,000 investment into $33,000 in seven years compounded quarterly, we want to solve for r given that P = 8000, A = 33000, n = 4, and t = 7. Substitute:

[tex]\displaystyle \left(33000\right)=\left(8000\right)\left(1+\frac{r}{4}\right)^{(4)(7)}[/tex]

Simplify and divide both sides by 8000:

[tex]\displaystyle \frac{33}{8}=\left(1+\frac{r}{4}\right)^{28}[/tex]

Raise both sides to the 1/28th power:

[tex]\displaystyle \left(\frac{33}{8}\right)^{{}^{1}\! / \! {}_{28}}= 1+\frac{r}{4}[/tex]

Solve for r. Hence:

[tex]\displaystyle r= 4\left(\left(\frac{33}{8}\right)^{{}^{1}\! / \! {}_{28}}-1\right)[/tex]

Use a calculator. Hence:

[tex]r=0.2076...\approx 0.2076[/tex]

So, the quarterly rate of interest must be 0.2076, or about 20.76%.

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