Angelica was at target and saw that a pair of slippers was $15. She also noticed that there is a 30% off sale on all slippers. What is the cost (sale price) of the slippers after the discount?

Answers

Answer 1

The cost of slippers is $10.5 after discount.

Step-by-step explanation:

Given,

Price of slippers = $15

Sale = 30%

Amount of discount = 30% of price of slippers

[tex]Amount\ of\ discount=\frac{30}{100}*15\\Amount\ of\ discount=\frac{450}{100}\\Amount\ of\ discount=\$4.5[/tex]

Sale price = Price of slippers - amount of discount

[tex]Sale\ price=15-4.5\\Sale\ price=\$10.5[/tex]

The cost of slippers is $10.5 after discount.

Keywords: percentage, subtraction

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Answer 2
Final answer:

To find the cost of the slippers after the 30% discount, multiply the original price by 30% and subtract the discount from the original price. The cost of the slippers after the discount is $10.50.

Explanation:

To find the cost of the slippers after the 30% discount, first calculate the amount of the discount by multiplying the original price by 30% (or 0.30).

Discount = $15 × 0.30 = $4.50

Next, subtract the discount from the original price to find the sale price:

Sale Price = $15 - $4.50 = $10.50

Therefore, the cost of the slippers after the discount is $10.50.


Related Questions

The table below shows the numbers of tickets sold at a movie theater on Friday.
NUMBER OF TICKETS SOLD
Day
Adult Tickets
Children's
Tickets
1,678
976
Friday
Saturday
The number of each type of ticket sold on Saturday is described below.
• Adult tickets—2 times as many as the number of adult tickets sold
on Friday
• Children's tickets-3 times as many as the number of children's
tickets sold on Friday
Complete the table above to show the numbers of tickets sold on Saturday.
What is the total number of tickets sold over these two days?

Answers

 Answer:

Number of Adult's tickets sold on Saturday = 3,356

Number of Children's tickets sold on Saturday = 2, 928

Total number of tickets sold over these two days is 8,938.

Step-by-step explanation:

Here, the number of tickets sold on FRIDAY:

Adult Ticket sold = 1,678

Children's Tickets sold = 976

So, the total number of tickets sold on Friday  

= Sum of ( Adult + Children's ) tickets  = 1,678  + 976 = 2,654 ....  (1)

The number of tickets sold on SATURDAY:

Adult Ticket sold =   2 times  the number of adult tickets sold on Friday  

                             =  1,678 x 2  = 3,356

Children's Tickets sold = 3 x the number of children's tickets sold on Friday.

                                      =  976  x 3 = 2, 928

So, the total number of tickets sold on Saturday  

= Sum of ( Adult + Children's ) tickets  = 3,356 + 2,928 = 6, 284 ....  (2)

Now, the total number of tickets booked in these two days :

Sum of tickets booked on (Friday + Saturday)

= 2,654 +  6, 284  =   8,938

Hence, total number of tickets sold over these two days is 8,938

Alex buys 5 DVDs. Each DVD costs $9. If Alex receives a $2 discount on each DVD, what is the total amount of money alex apends? Write an expression that matches the words

Answers

Answer:

The total amount of money Alex spends on 5 DVD = $ 35.

Step-by-step explanation:

Total number of DVD purchased by Alex = 5

The cost of each DVD = $9

So, the total cost of purchasing 5 DVD = 5 x ( csot of 1 DVD)

= 5 x ( $ 9) = $ 45

Now , the discount if 1 DVD = $ 2

So, the total discount of 5 DVD = 5 x ( Discount on1 DVD)

= 5 x ($ 2) = $ 10

The total amount Alex spends

= Total cost of 5 DVD - Discount on 5 DVD

= $ 45 - $ 10 = $ 35

Hence, the total amount of money Alex spends on 5 DVD = $ 35.

Data scored 42 points in 3 games. How many points would you expect him to make in an 11 game season?

Answers

Answer:

He would score 154 points because he averages 14 points per game and 11 times 14 is 154

Data scored 42 points in 3 games, then points scored in 11 games will be equal to 154 points.

What is an arithmetic operation?

The four basic mathematical operations are the addition, subtraction, multiplication, and division of two or even more integers. Among them is the examination of integers, particularly the order of actions, which is crucial for all other mathematical topics, including algebra, data organization, and geometry.

As per information obtained from the question,

Let x points will be obtained in 11 games.

Data scored,

42 points = 3 games

Points earned in 1 game = 42/3 = 14

Then,

Points obtained in 11 games = 14 × 11

x = 154 points.

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It takes 60 minutes to make 2000 copies on an old copy machine. The newer copier works with the old copier to create 2000 sheets and it only takes 15 minutes. How many minutes would the new copier need to create the 2000 copies on its own?

Answers

The new copier can create 2000 copies in 20 minutes.

Step-by-step explanation:

Given,

It takes 60 minutes to make 2000 copies by old printer and 15 minutes to made x number of copies, therefore, using proportion

[tex]60:2000::15:x[/tex]

Product of mean = Product of extreme

[tex]2000*15=60*x\\30000=60x\\60x=30000[/tex]

Dividing both sides by 60

[tex]\frac{60x}{60}=\frac{30000}{60}\\x=500[/tex]

As the new copier is working with old copier, therefore,

Copies made by new printer = 2000 - 500 = 1500

New copier can make 1500 copies in 15 minutes and 2000 copies in x minutes, using proportion

[tex]1500:15::2000:x\\1500*x=15*2000\\1500x=30000[/tex]

Dividing both sides by 1500;

[tex]\frac{1500x}{1500}=\frac{30000}{1500}\\x=20[/tex]

The new copier can create 2000 copies in 20 minutes.

Keywords: ratio, proportion

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If 4x < 24, then x < 6

Answers

Answer:

x is less than 6 so that is correct because 24 divided by 4 is 6

WILL GIVE 15 POINTS!
PLZ HELP FAST!


Which situations can be simulated using this spinner? Select three options.

Predicting the gender of a randomly chosen art teacher if 1 of 3 art teachers is female
Predicting the gender of a randomly chosen history teacher if 12 of 15 history teachers are female
Predicting the gender of a randomly chosen biology teacher if 8 of 12 biology teachers are female
Predicting the gender of a randomly chosen chemistry teacher if 4 of 9 chemistry teachers are female
Predicting the gender of a randomly chosen health teacher if 2 of 4 health teachers are female
There are 6 sections on the spinner

Answers

Answer:

Step-by-step explanation:

- Predicting the gender of an arbitrarily picked craftsmanship educator if 1 of 3 workmanship / art instructors is female .

- Predicting the gender of a haphazardly picked science / biology instructor if 8 of 12 biology educators are female .

- Predicting the gender of a haphazardly picked health educator if 2 of 4 health instructors are female .

Answer:

1/3 8/12 2/4

Step-by-step explanation:

Because they involve 6

Write an explicit furmula for the question below
40 points!!!!!!!!!!!!!

Answers

Answer:

aₙ = a₁ . 5⁽ⁿ⁻¹⁾

Step-by-step explanation:

The first term in the sequence is a₁ = 6.

a₂ = 30. a₃ = 150.

We see that each consecutive term is multiplies by 5 to arrive at the next term.

That is: a₂ = 30 = a₁ . [tex]$ 5^{2 - 1}  = 5 $[/tex] = 6.5 = 30.

Similarly, a₃ = 150 = 6 [tex]$ \times $[/tex] [tex]$ 5^{3 - 1} = 5^2 = 25 $[/tex]

Generalizing this, we have:

aₙ = a₁ . [tex]$ 5^{n - 1} $[/tex]

This is called the recursive formula of the sequence.

6 people voted, and it ended up 84% to 16%. How many people voted for each option?​

Answers

Answer:

see the explanation

Step-by-step explanation:

we know that

To find out how many people voted for each option multiply the percentage in decimal form of each option by the total number of people

so

[tex]84\%=84/100=0.84[/tex] ---> [tex]0.84(6)=5.04=5\ people[/tex]

[tex]16\%=16/100=0.16[/tex] ---> [tex]0.16(6)=0.96=1\ people[/tex]

What is the eighth term of the geometric sequence whose first three terms are 3, 6, and
12?

Answers

Answer:

The answer is 384.

Step-by-step explanation:

It starts at 3 going up by three to 6 then from there it adds 6 equaling 12 then so forth so it would be 3, 6, 12, 24, 48, 96, 192, 384

Describe the pattern 0.13, 0.65, 3.25, 16.25

Answers

Answer:

multiply by 5

Step-by-step explanation:

Note the ratio between consecutive terms is constant, that is

[tex]\frac{0.65}{0.13}[/tex] = [tex]\frac{3.25}{0.65}[/tex] = [tex]\frac{16.25}{3.25}[/tex] = 5

Thus the pattern is multiply by 5

Answer:Multiply by 5

Step-by-step explanation:

x-4y=-21
8y-x=45
Solve the system
(X,y)=

Answers

Answer:

[tex]\displaystyle (3, 6)[/tex]

Step-by-step explanation:

{x -4y = −21

{8y - x = 45

_________

[tex]\displaystyle \frac{4y}{4} = \frac{24}{4} \\ \\ [/tex]

[tex]\displaystyle y = 6[/tex][Plug this back into both equations above to get the x-coordinate of 3]; [tex]\displaystyle 3 = x[/tex]

I am joyous to assist you anytime.

Which does not show a direct variation between x and y ?

A) y = 5x
B) y = 6/x
C) y - 0.7x
D) y = x/9

Answers

Answer:

B

Step-by-step explanation:

in B, the expression can be writting in variation form as

y∝1/x

this indicate an inverse variation

Answer:

B) y=6/x

Step-by-step explanation:

I took the test.

5/6 is equivalent to a percent that is larger than 100%.

True or False

13 pts.

Answers

I think it's false.... 5/6 is 83.33% as a percent so I don't think it's true.

6/6 ......... 100%

5/6 ..............x%

x = 5/6*100/6/6 = 500/6 = 83,(3)%

√6(7+√2)

Please solve and list steps

Answers

√6(7+√2)

Use the distributive property:

√6 * 7 + √6 * √2

Move the 7 to the left:

7 * √6 + √6 * √2

Use the product rule for radicals on  √6 * √2

7 * √6 + √(6*2)

Simplify:

7√6 + √12

Rewrite 12 as 2^2*3

7√6 + √(2^2*3)

Pull terms out from under the radical for final answer:

7√6 + 2√3

Mrs. Smith needed to split 28 students into 4 equal groups for the race. Which step could help her to work 30 divided by 3?
(A) (27 divided by 9) + (9 divided by 3)
(B) (24 divided by 4) + (4 divided by 4)
(C) (21 divided by 3) + (9 divided by 3)
(D) (20 divided by 4) + (10 divided by 4)

Answers

Answer:

Procedure in option C only works.

Step-by-step explanation:

We have to select the process in which Mrs. Smith can help her to work 30 divided by 3.

(A) (27 divided by 9) + (9 divided by 3) = 3 + 3 = 6  

But (30 ÷ 3) = 10 ≠ 6

(B) (24 divided by 4) + (4 divided by 4) = 6 + 1 = 7 ≠ 10

(C) (21 divided by 3) + (9 divided by 3) = 7 + 3 = 10

(D) (20 divided by 4) + (10 divided by 4) = 5 + 2.5 = 7.5 ≠ 10

So, procedure in option C only works. (Answer)

Again, we can prove the procedure in the following way:

[tex]\frac{30}{3} = \frac{21 + 9}{3} = \frac{21}{3} + \frac{9}{3}[/tex]  

{Which is the distributive property of division}

help ASAP!

The dinner check was $85.00. If Tyler gave the waiter a 20% tip, how much was the tip?

The dinner check was $85.00. If Tyler gave the waiter a 20% tip, how much did Tyler spend in total?

Answers

Answer: The tip is $17. The total amount he paid is $102.

Step-by-step explanation: 85 times .2 gets the tip, then you add that sum to the subtotal.

How do I find the coordinates of the point P that lies along the directed segment from C(-3,-2) to D(6,1) and partitions the segment in the ratio 2 to 1?

Answers

[tex]\bf \textit{internal division of a line segment using ratios} \\\\\\ C(-3,-2)\qquad D(6,1)\qquad \qquad \stackrel{\textit{ratio from C to D}}{2:1} \\\\\\ \cfrac{C\underline{P}}{\underline{P} D} = \cfrac{2}{1}\implies \cfrac{C}{D} = \cfrac{2}{1}\implies 1C=2D\implies 1(-3,-2)=2(6,1)\\\\[-0.35em] ~\dotfill\\\\ P=\left(\frac{\textit{sum of "x" values}}{\textit{sum of ratios}}\quad ,\quad \frac{\textit{sum of "y" values}}{\textit{sum of ratios}}\right)\\\\[-0.35em] ~\dotfill[/tex]

[tex]\bf P=\left(\cfrac{(1\cdot -3)+(2\cdot 6)}{2+1}\quad ,\quad \cfrac{(1\cdot -2)+(2\cdot 1)}{2+1}\right) \\\\\\ P=\left( \cfrac{-3+12}{3}~~,~~\cfrac{-2+2}{3} \right)\implies P=\left( \cfrac{9}{3}~~,~~\cfrac{0}{3} \right)\implies P=(3~~,~~0)[/tex]

The radius of Earth is 6378.1 km.
How long is the metal ring?

Answers

Answer:

12 756.2 kilometers

Step-by-step explanation:

12 756.2 kilometers

To save for the purchase of a new car, a deposit was made into an account that earns 8% annual simple interest. Another deposit, $1700 less than the first deposit, was placed in a certificate of deposit (CD) earning 12% annual simple interest. The total interest earned on both accounts for 1 year was $676. How much money was deposited in the CD?
$

Answers

The amount deposited in CD is $660

Solution:

Given that , To save for the purchase of a new car, a deposit was made into an account that earns 8% annual simple interest.  

Let the amount deposited in new car be $ n

Another deposit, $1700 less than the first deposit, was placed in a certificate of deposit (CD) earning 12% annual simple interest.  

Then, amount deposited in CD will be $ (n – 1700)

The total interest earned on both accounts for 1 year was $676

The simple interest is given as:

[tex]\text { Simple interest }=\frac{\text { principal } \times \text {rate} \times \text {time}}{100}[/tex]

Simple interest for purchase of new car:

[tex]\text { S. } \mathrm{I}=\frac{n \times 8 \times 1}{100}=\frac{8 n}{100}[/tex]

Simple interest for CD:

[tex]\text { S.I } =\frac{(n-1700) \times 12 \times 1}{100}=\frac{12(n-1700)}{100}[/tex]

Now, given that S.I for new car + S.I for CD = 676

[tex]\begin{array}{l}{\frac{8 n}{100}+\frac{12(n-1700)}{100}=676} \\\\ {\frac{8 n+12 n-12 \times 1700}{100}=676}\end{array}[/tex]

20n = 67600 – 20400

n = 2360

So money deposited in CD = n - 1700 = 2360 – 1700 = 660

Hence, the CD deposit amount is $660

Final answer:

To find the amount deposited in the CD, set up an equation using the given information. Solve for x to find the amount of the first deposit. Subtract $1700 from the first deposit to find the amount deposited in the CD.

Explanation:

To find the amount of money deposited in the CD, we can set up an equation using the given information.

Let the amount of the first deposit be x.

The second deposit is $1700 less than the first deposit, so it is x - $1700.

Using the formula for simple interest, the interest earned on the first deposit is x * 0.08.

The interest earned on the second deposit is (x - $1700) * 0.12.

According to the given information, the total interest earned is $676. Therefore, we can set up the equation: x * 0.08 + (x - $1700) * 0.12 = $676.

Simplifying and solving for x:

0.08x + 0.12x - $204 = $676

0.20x - $204 = $676

0.20x = $880

x = $4400

Therefore, the amount of money deposited in the CD is $4400 - $1700 = $2700.

What is the equation of the line that all inverses reflect across?

Answers

So if you're asked to graph a function and its inverse, all you have to do is graph the function and then switch all x and y values in each point to graph the inverse. Just look at all those values switching places from the f(x) function to its inverse g(x) (and back again), reflected over the line y = x.

The equation of the line across which all inverses reflect is y = x. This reflection principle applies to linear functions, hyperbolas, and other mathematical relations where inverses can be found by interchanging the roles of x and y.

The equation of the line that all inverses reflect across is y = x. This is because when you are finding the inverse of a function, you swap the x and y variables, thus mirroring the original function across the line y = x. If you have a linear function in the slope-intercept form (y = mx + b), and you find its inverse, assuming the function is one-to-one and therefore has an inverse, you would essentially swap the x and y coordinates, resulting in the equation of its inverse. This process reflects each point of the original function across the line y = x.

As an example, for a line with an equation y = -x + 1, the inverse when reflected across the line y = x would result in swapping x and y to get x = -y + 1, which when solved for y, gives the inverse function's equation. Conversely, for a function expressed in another form, such as a hyperbola or a set of simultaneous linear equations, the principle is the same: to find the inverse, interchange the roles of the dependent and independent variables. For instance, a hyperbola described by y = a - b/x could have its inverse derived by interchanging x and y, leading to the inverse relation x = a - b/y.

what is the greatest common factor of 12, 40 and 68

Answers

Answer:

4 is the greatest

Step-by-step explanation:

Through: (-1,-5), slope=3

Answers

Answer:

y + 5 = 3(x + 1) → point-slope form

y = 3x - 2 → slope-intercept form

3x - y = 2 → standard form

Step-by-step explanation:

The point-slope form of an equation of a line:

y - y₁ = m(x - x₁)

m - a slope

(x₁, y₁) - a point on a line

We have

m = 3, (-1, -5) → x₁ = -1, y₁ = -5

Substitute:

y - (-5) = 3(x - (-1))

y + 5 = 3(x + 1) → point-slope form

convert to the slope-intercept form y = mx + b:

y + 5 = 3(x + 1)      use the distributive property: a(b + c) = ab + ac

y + 5 = 3x + 3     subtract 5 from both sides

y = 3x - 2 → slope-intercept form

convert to the standard form Ax + By = C:

y = 3x - 2            subtract 3x from both sides

-3x + y = -2         change the signs

3x - y = 2 → standard form

Five math questions

Answers

1.) 7+5 > 6+2

2.) g ≥ 8

3.) s = -2, -8

4.) from the middle and beyond (best way i can answer)

5.)

b < 11 = The board is shorter than 11 cm

b > 11 = The box contains more than 11 books

b < 12 = There are fewer 12 beetles in a jar

b > 12 = The building is taller than 12 ft.

Answer:

1. 6 times 5

2. 7/6 simplified

3. 4 times 13

4. 45 divided by 1 1/6

5. 10 as a proporation

Step-by-step explanation:

8. You are a computer technician for Data Control. You earn a regular hourly
rate of $15.40. You earn time and a half for overtime work on Saturdays and
double time on Sundays. This week you worked 38 hours from Monday
through Friday, 8 hours on Saturday, and 5 hours on Sunday. What is your
total pay for the week?

Answers

Answer:

Total pay for the week is $924.

Step-by-step explanation:

The per hour rate of weekdays from Monday to Friday =  $15.40

The rate for Saturday = One and Half ( $15.40)

Now,  [tex]1\frac{1}{2}  \times (15.40)  = \frac{3}{2} (15.40) = 23.1[/tex]

So, the per hourly rate for work on Saturday  = $23.1

The rate for Sunday  = 2 x ( $15.40)  = $30.80

So, the per hourly rate for work on Sunday  = $30.80

Now, total hours worked in weekday = 38

So, the rate of 38 hours = 38 x ( Per hour rate) = 38 x ($15.40)  

                                        = $585.2

Now, total hours worked on Saturday  = 8

So, the rate of 8 hours = 8 x ( Per hour rate) = 8 x ($23.1)    = $184.8

Now, total hours worked on Sunday  = 5

So, the rate of 5 hours = 5 x ( Per hour rate) = 5 x ($30.80)    = $154

Hence the total pay = Payment of ( weekday  + Saturday +Sunday)

= $585.2 +  $184.8 +  $154  =  $924

Hence, total pay for the week is $924.

When do you need to rationalize the denominator? My physics teacher says that you don't have to if you are isolating a variable.

Answers

Answer:

When the denominator is an irrational number in order to make the denominator a rational number we rationalize the denominator.

Step-by-step explanation:

For example,

[tex]\frac{1}{1+\sqrt{2} }[/tex] (here the denominator is an irrational number)

Multiply the numerator and denominator by [tex]1-\sqrt{2}[/tex]

We get [tex]\frac{1-\sqrt{2} }{(1+\sqrt{2})(1-\sqrt{2}) }[/tex]

Here (1+\sqrt{2})(1-\sqrt{2}) = -1

Thus we get [tex]\sqrt{2} -1[/tex]

Here the denominator has become a rational number.

When we are isolating a variable we are only taking the required variables to one side thus it doesn't require rationalization.

[tex]a = \frac{x}{1+\sqrt{2} }[/tex]

Then we can say,

[tex]x = a(1+\sqrt{2})[/tex]

No rationalisation required

write the solution in set builder notation
-2(2x+8)>-16-4x

Answers

Good evening ,

Answer:

The set of solutions is IR

Step-by-step explanation:

-2(2x+8)>-16-4x ⇌ -4x-16>-16-4x

Any x∈IR verify the inequality

then The set of solutions is IR.

:)

7 more than a number is -3

Answers

Answer:

4

Step-by-step explanation:

7-3 pretty much

Answer: x=-10

Step-by-step explanation:

let x be that number

so, 7+x=-3

subtract 7 on both sides and...

x=-10

Kiera is buying the items shown at the right
for her kitchen. Will $35 be enough to purchase all three items?
Explain your reasoning.
mixing bowl
14.95
spatula
8.49
measuring cups
10.75

Answers

Answer:

Yes

Step-by-step explanation:

Total Price of all 3 items - $34.19

35 > 34.19

Yes, Kiera will have enough to purchase all three items.

No, $35 will not be enough to purchase all three items.

To determine if $35 is enough to purchase all three items, we need to calculate the total cost of the items and compare it to the amount of money Kiera has.

The cost of each item is as follows:

- Mixing bowl: $14.95

- Spatula: $8.49

- Measuring cups: $10.75

Now, let's add up the costs of these items to find the total cost:

Total cost = Cost of mixing bowl + Cost of spatula + Cost of measuring cups

Total cost = $14.95 + $8.49 + $10.75

To make the calculation easier, we can round each price to the nearest whole number:

- Mixing bowl: $14.95 ≈ $15.00

- Spatula: $8.49 ≈ $8.50

- Measuring cups: $10.75 ≈ $10.75 (already a whole number)

Now, let's calculate the total cost with these rounded numbers:

Total cost ≈ $15.00 + $8.50 + $10.75

Total cost ≈ $34.25

However, even with rounding, the total cost is $34.25, which is still less than $35. Therefore, we need to calculate the exact total cost without rounding:

Total cost = $14.95 + $8.49 + $10.75

Total cost = $34.19

Since the total cost of $34.19 is less than $35, it appears that Kiera has enough money to purchase all three items. However, we must also consider sales tax, which is not included in the given prices. Sales tax rates vary by location, but let's assume a standard rate of 7%.

To calculate the total cost including sales tax:

Total cost with tax = Total cost before tax + (Total cost before tax × Sales tax rate)

Total cost with tax = $34.19 + ($34.19 × 0.07)

Total cost with tax = $34.19 + $2.3933

Total cost with tax ≈ $34.19 + $2.40 (rounded to the nearest cent)

Total cost with tax ≈ $36.59

After including the sales tax, the total cost is approximately $36.59, which is more than the $35 Kiera has. Therefore, $35 will not be enough to purchase all three items once sales tax is included.

if the area of a parallelogram is 86cm and the height is 12cm write an equation that relates the height,base and area of the parallelogram

Answers

Answer:

The relation to find base is, [tex]base=\frac{area\ of\ the \ parallelogram}{height}=\frac{86}{12}=7.16\ cm[/tex]

Step-by-step explanation:

Given

Area of the parallelogram [tex]=86\ cm^2[/tex]

Height of the parallelogram [tex]=12\ cm[/tex]

We know that the area of the parallelogram [tex]=base\times height[/tex]

So

To find base we have to divide the height on both sides of the equation.

[tex]base=\frac{area\ of\ the \ parallelogram}{height}[/tex]

Plugging the values.

[tex]base=\frac{86}{12} =7.1\ cm[/tex]

So the base in terms of area of the parallelogram and its height is [tex]b=\frac{area}{height} =\frac{86}{12}=7.16\ cm[/tex]

you deposited 500 in an account that pays 3.25 annual interest compounded monthly. About how long does it take for the balance to quadruple?

Answers

Answer:

42 years, 9 months

Step-by-step explanation:

Using the compound interest formula Accrued Amount = P (1 + r/n)^(nt)

where Accrued amount (A) which is quadruple the initial deposit

A = 4 x 500 = $2000

P = principal; $500

r = 3.25% = 0.0325

t = number of years

n = number of times interest is compounded = 12 for monthly

Therefore

2000 = 500 (1 + 0.0325/12)^(12t)

Therefore

(1.002708)^12t = 2000/500

(1.002708)^12t = 4

finding the log of both sides

12t x log 1.002708 = log 4

12t x 0.001174 = 0.6021

12t = 0.6021/0.001174

12t = 512.83

t = 512.83/12

t = 42.7

which is estimated as 42 years, (0.7 x 12 = 9) months

hence it takes about 43 years to quadruple the deposit

The number of years it will take to be the amount by quadruple will be 42.7 years.

What is compound interest?

Compound interest is applicable when there will be a change in the principal amount after the given time period.

As per the given,

The total amount will be,

A = 4 × 500 = $2000

Principle amount P = $500
Rate of interest r =  3.25% = 0.0325

The time period is t.

n = number of times interest is compounded

n = 12

By compound interest formula,

2000 = 500 [tex](1 + 0.0325/12)^{12t}[/tex]

(1.002708)^12t = 2000/500

(1.002708)^12t = 4

Take logs on both sides,

12t × log 1.002708 = log 4

12t × 0.001174 = 0.6021

12t = 0.6021/0.001174

12t = 512.83

t = 512.83/12

t = 42.7

Thus, the time period will be 42.7 years.

Hence "The number of years it will take to be the amount by quadruple will be 42.7 years.".

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