PLS MATH QUIZZ

Jeremiah invested $70,000 in an account paying an interest rate of 6.8% compounded daily.Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $99,000?

Answers

Answer 1

Answer:

t≈

5.1

Step-by-step explanation:

A=99000 P=70000 r=0.068 n=365

Given values

99000

70000

(

1

+

0.068

365

)

365

t

70000(1+

365

0.068

)

365t

Plug in values

99000

=

99000=

70000

(

1.0001863

)

365

t

70000(1.0001863)

365t

Simplify

99000

70000

=

70000

99000

=

70000

(

1.0001863

)

365

t

70000

70000

70000(1.0001863)

365t

Divide by 70000

1.4142857

=

1.4142857=

1.000186

3

365

t

1.0001863

365t

log

(

1.4142857

)

=

log(1.4142857)=

log

(

1.000186

3

365

t

)

log(1.0001863

365t

)

Take the log of both sides

log

(

1.4142857

)

=

log(1.4142857)=

365

t

log

(

1.0001863

)

365tlog(1.0001863)

Bring exponent to the front

log

(

1.4142857

)

log

(

1.0001863

)

=

log(1.0001863)

log(1.4142857)

=

365

t

log

(

1.0001863

)

log

(

1.0001863

)

log(1.0001863)

365tlog(1.0001863)

Divide both sides by log(1.0001863)

1860.731865

=

1860.731865=

365

t

365t

Use calculator

1860.731865

365

=

365

1860.731865

=

365

t

365

365

365t

Divide by 365

5.0978955

=

5.0978955

Answer 2

It would take 5 year for the value of the account to reach $99,000.

What is Future Value?

The worth of a current asset at some point in the future based on an estimated rate of growth is known as future value (FV). For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future.

Given:

P = $70000

R= 6.8%

SV = $99000

For Compounded Daily

A = P [tex](1+ (R/100)/ 365) ^{365n[/tex]

99000 = 70000 [tex](1+ (0.068/100)/ 365) ^{365n[/tex]

[tex](1+ (0.068/100)/ 365) ^{365n[/tex] = 1.414

[tex](1. 00019)^{365n[/tex] = 1.414

[tex]1.072^n[/tex] = 1.414

and, n=5 years

Hence, it would take 5 year for the value of the account to reach $99,000.

Learn more about future Value here:

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Related Questions

Solve for x
7x = 2
Give your answer as a fraction in its simplest form​

Answers

Answer:

2/7

Step-by-step explanation:

7x/7=2/7

Simplify:Cancel terms that are both the numerator and denominator

Solution: 2/7

3 times a number plus 5 is breathers than 12. Graph the possible solutions

Answers

3x12+5 is greater than 12 .

(6x10^6) / (2x10^3) solve?

Answers

Answer:

3x^999000

Explantiotn

Find the formula for the nth term of these sequences:

(a) 2, 5, 10, 17, 26, …….

(b) 4, 10, 20, 34, 52, ………

Part of a geometric sequence is given below:

,,,,, -1, ,,,, , ,,,,,, 64, ,,,,,

Where uₙ means the nth term, hence, u₂ = -1, and u₅ = 64.

Second term is -1, and the fifth term is 64. Calculate:

(a) The common ratio (r)

(b) The value of the first term (a) or u₁

(c) The value of the 10th term.

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Answers

A child makes a pitcher of fruit punch by completely dissolving fruit- flavoured powder in water. The child drinks a glass and decides the punch needs to be sweeter, so she stirs in more powder. This time the powder does not all dissolve, but settles on the bottom of the pitcher. A) Is the fruit-flavoured powder a pure substance or a mixture? * helpme anyone?

You have two identical boxes which an interior dimensions of 8.0x8.0x8.0. You completely fill one of the boxes with wooden spheres that are 1.6 in diameter. The other box gets filled with wooden cubes that are 1.6 cm on each edge. After putting the lid on the filled boxes, you then measure the density of each. Which one is more dense?

Answers

Answer: The one filled with wooden cubes.

Step-by-step explanation:

First, the box filled with spheres will have empty space, this is for how spheres are, so independent of the radius of the sphere, we will always have some empty space inside the box.

In the case of the cubes, this does not happen. Furthermore, the dimension of the box are 8cm by 8cm by 8cm, and the cubes have a sidelength of 1.6cm

We know that:

1.6cm*5 = 8cm

Then we can perfectly fill the box with the wooden cubes (such that there is no empty space like in the previous case).

Because this box has no empty space and is filled with the same material as the other box, we can conclude that this box will have a larger mass than the one filled with spheres.

And we know that:

density = mass/volume.

Both boxes have the same volume, but the box with cubes has a larger mass, then the box with cubes will have a larger density.

HELP FAS, worth 20 points

Answers

Answer:

1. infinite solutions.

2. no solutions.

Step-by-step explanation:

a. 8x + 7 = 8x + 7

The expressions are equal to each other; therefore, the equation has infinite solutions.

b. 10t - 6 = 10t + 6

10t = 10t + 12

0 = 12

These terms do not equal each other. 0 does not equal 12; therefore, this equation has no solutions.

A piano has 88 keys. Fifty-two of the keys are white.
How many more white keys are there than black keys?

Answers

Answer:

36

Step-by-step explanation:

88 - 52

=36

Find the volume of a cylinder that has a diameter of 12 cm and a height of 5
cm. Use 3.14 for pi and round to the nearest tenth. *

Answers

Answer:

V≈565.5cm³ is the answer

Leila and Joe are two partners in a business. Leila makes $3 in profits for every $4 that Jo makes. If Jo makes $32 profit on the first item they sell, how much profit does Leila make?

Answers

Answer:

$24

Step-by-step explanation:

Since 32 divided by 4 equals 8, and 8 times 3 equals 24, if Jo makes $32 profit on the first item they sell, Leila will make $24 profit.

I hope this helps you :D

What is 5884 diveded by 94?

Answers

Answer:

62.5957447

Step-by-step explanation:

= 62 R 56

= 62 56/94

= 62 28/47

Answer:

The answer is 62.6

Step-by-step explanation:

Plz help I don’t understand how to do this problem

Answers

Answer:

a) 6b) 3t² - 17t + 28c) 3t² - 5t - 2

Step-by-step explanation:

Given function:

g(t) = 3t² - 5t + 4

a)  g(2)

g(2) = 3*2² - 5*2 + 4 =          3*4 - 10 + 4 =          12 - 6 =          6

b)  g(t - 2)

g(t - 2) = 3(t - 2)² - 5(t - 2) + 4 =               3(t² - 4t + 4) - 5t + 10 + 4 =               3t² - 12t + 12 - 5t + 16 =               3t² - 17t + 28

c)  g(t) - g(2)

g(t) - g(2) = 3t² - 5t + 4 - 6 =                   3t² - 5t - 2

A figure is made up of one square and one triangle. The square has a side Length of 13 feet. The triangle has a base of 13 feet and a height of 8.2 feet. What is the total area of the figure.

Answers

Im pretty sure it’s A because a squares area is base x height which would be 13x13= 169 then add the area of the triangle which would be 53.3, so 169+53.3 = 222.3

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Answers

Answer:

Hi! The correct answer is 3x-4y=8

Step-by-step explanation:

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Discount: 20%
Tax: 5%

Answers

Answer:

40.25 i believe

Step-by-step explanation:

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Drag each label to the
correct location on the image.
Match each number to the type of notation it is expressed in. Questions on the picture

Answers

Answer:

The last one is just standard form

The third one is scientific notation

The second one is standard form

The first on is scientific notation

Step-by-step explanation:

MMMM THE MODERATORS ARE MAKING ME FLIPPING ANGRY! I NEED SOMEONE TO ANSWER MY QUESTION PLEASE .

Answers

Answer:

780

Step-by-step explanation:

So 5% is 39 so 5% x 20 is 100% do the same with the 39 so do

39 x 20 = 780

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PLEASE TELL NEEEE

Answers

Answer:

i am not sure if this is what u need but i hope it is.

In mathematics, equality is a relationship between two quantities or, more generally two mathematical expressions, asserting that the quantities have the same value, or that the expressions represent the same mathematical object. The equality between A and B is written A = B, and pronounced A equals B.

PLEASE HELP ME IT IS AN EMERGENCY!!!!!!!!! I WILL MARK BRAINLLIEST FOR THE CORRECT ANSWER!!!!!!!!!!!!

When the original price and discounted prices are known, how can we find the percent markdown?

Answers

Step-by-step explanation:

The amount that you decrease the price by can be expressed as a percent of the selling price, known as the markdown rate.

The coordinates of a triangle are P(1, 4), Q(3, 6), and R(5, 2). The triangle is reflected over a line and its image coordinates are P'(–1, 4), Q'(–3, 6), and R'(–5, 2).

Answers

Answer:

Its reflected over the y axis

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Answers

Answer:

3

Step-by-step explanation:

the y intercept is were x=0

0.00002004 and 0.01203000 in scientific notation

Answers

Answer:

Below...

Step-by-step explanation:

Scientific Notation:

2.004 × 10-5

Scientific Notation:

1.203 × 10-2

Brianna bought snacks for her team's practice. She bought a bag of

oranges for $2.63 and a 8-pack of juice bottles. The total cost before

tax was $16.07. Write and solve an equation which can be used to

determine x, how much each bottle of juice costs?

Answers

Answer:

$1.68

Step-by-step explanation:

The total cost is $16.07 and there was 2 things bought- the oranges and the juice bottles. to make it easier to find the cost of the juice bottles, we'll subtract the cost of the oranges (2.63) from the total (16.07), which gives us 13.44. this number represents the total cost of only the bottles. To find out the cost if each individual bottle, you need to divide the total (13.44) by the number of bottles (8). This gives us 1.68, so the cost of each bottel is $1.68

Hope this help :)

(2, 1), (4, 3). (6, 5), (8,7)

Answers

Answer:

(1,  2), (3,  4), (5, 6), (8, 7)

Step-by-step explanation:As we can observe from the answers the representation is about the pair of points. We can sort it out by excluding the wrong options.

Taylor has dd dimes and qq quarters. She has a maximum of $4 worth of coins altogether. Write this situation as an inequality.

Answers

Answer: .10d+.25q<_ 4

Step-by-step explanation:

d= dimes and q = quarters

dimes are worth .10 and quarters are worth .25

The inequality for the given situation is

0.1d + 0.251 ≤ 4

What is inequality?

It shows a relationship between two numbers or two expressions.

There are commonly used four inequalities:

Less than = <

Greater than = >

Less than and equal = ≤

Greater than and equal = ≥

We have,

10 dimes = 1 dollar

1 dime = 0.1 dollar

4 quarters = 1 dollar

1 quarter = 0.25 dollar

Now,

The maximum amount is $4.

So,

0.1d + 0.251 ≤ 4

Thus,

The inequality is 0.1d + 0.251 ≤ 4.

Learn more about inequalities here:

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Answers

similar it is just 3 times bigger but similar

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(a)(-a)
a +(-a)
a/-a
a - (-a)

Answers

Answer:

a - a or (a +(-a))

Step-by-step explanation:

A negative plus a positive is always zero if they have the same variable.

a+(-a) equals zero because they cancel each other out .

(a)(-a) equals -a
a/-a equals -a
and
a-(-a) equals positive a

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Answers

Answer:

a+b

Step-by-step explanation:

both are true identities

[tex]-4 ( x + 1/16 )[/tex]

Answers

Answer:

-4x - 1/4

Step-by-step explanation:

-4(x + 1/16)

-4x - 1/4

Dax is buying coffee for 5 people in his office. He also leaves a $2.00 tip for the barista.

If his total, with tip, is $18.25, how much is each cup of coffee, not including the tip?

Answers

16.25 should be your answer

Answer:

3.25

Step-by-step explanation:

Brainliest to first correct answer.
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4x−2y=14
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Answers

The answer is x = -0.6 and y = -8.2.

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