Jari invests in a CD with an annual interest rate of 5.45% compounded quarterly. How many years will it take for Jari's investment to double. Round your answer 4 decimal places and include a label (written in lowercase)

Answers

Answer 1

It will take 12.8047 years for Jari's investment to double

Step-by-step explanation:

The formula for compound interest, including principal sum is

[tex]A=P(1+\frac{r}{n})^{nt}[/tex] , where:

A is the future value of the investment/loan, including interestP is the principal investment amount (the initial deposit or loan amount)r is the annual interest rate (decimal)n is the number of times that interest is compounded per unit tt is the time the money is invested or borrowed for

Jari invests in a CD with an annual interest rate of 5.45% compounded quarterly. We need to find how many years it will take for Jari's investment to double.

∵ The annual interest rate is 5.45%

r = 5.45% = 5.45 ÷ 100 = 0.0545

∵ The interest rate is compounded quarterly

n = 4

∵ The Jari's investment is doubled in t years

A = 2P

- Substitute these values in the rule above

∵ [tex]2P=P(1+\frac{0.0545}{4})^{4t}[/tex]

- Divide both sides by P

∴ [tex]2=(1+\frac{0.0545}{4})^{4t}[/tex]

∴ [tex]2=(1+0.013625)^{4t}[/tex]

∴ [tex]2=(1.013625)^{4t}[/tex]

- Insert ㏒ to both sides

∴ [tex]log(2)=log[(1.013625)^{4t}][/tex]

- Remember [tex]log(a)^{n}=nlog(a)[/tex]

∴ ㏒(2) = 4t ㏒(1.013625)

- Divide both sides by 4 ㏒(1.013625) to find t

t = 12.8047 years

It will take 12.8047 years for Jari's investment to double

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Related Questions

add 9 and 3, then add 6 to the result​

Answers

Answer:

Step-by-step explanation:

18

9+3=12+6=18

Answer:

18

Step-by-step explanation:

Add 9 and 3;

9 + 3 = 12

Then add 6 to the result

12 + 6 = 18

Deja spends 25% of her monthly salary on her rent. Her rent is $650 a month. What is dejas monthly salary

Answers

Answer:

Monthly Salary = $2,600

Step-by-step explanation:

Monthly rent on monthly salary = 25%

Monthly rent = $650.

To determine the monthly sale, we have to use the unitary method.

25% monthly rent on monthly salary means out of $100, Deja spends $25 on her rent.

Therefore,

Deja spends $25 on her rent, when the monthly salary   = $100

Deja spends $1 on her rent, when the monthly salary      = [tex]\frac{100}{25}[/tex]

Deja spends $650 on her rent, when the monthly salary = [tex]\frac{100*650}{25}[/tex]

= [tex]\frac{65000}{25}[/tex]

= $2,600

Her monthly salary is $2,600.

HELP An investor invested a total of $2,800 in two mutual funds. One fund earned 5% profit while the other earned 3% profit. If the investor's total profit was $104, how much was invested in each mutual fund? The amount invested in the mutual fund that earned 5% was $(blank). The amount invested in the mutual fund that earned 3% was $(blank). (show your work)

Answers

Answer:

The amount invested in the mutual fund that earned 5% was $1,000

The amount invested in the mutual fund that earned 3% was $1,800

Step-by-step explanation:

Let

x ----> the amount invested in the mutual fund that earned 5%

y ----> the amount invested in the mutual fund that earned 3%

we know that

[tex]x+y=2,800[/tex] ----> [tex]y=2,800-x[/tex] ----> equation A

[tex]5\%=5/100=0.05[/tex]

[tex]3\%=3/100=0.03[/tex]

[tex]0.05x+0.03y=104[/tex] ----> equation B

Solve the system by substitution

substitute equation A in equation B

[tex]0.05x+0.03(2,800-x)=104[/tex]

Solve for x

[tex]0.05x+84-0.03x=104[/tex]

[tex]0.05x-0.03x=104-84[/tex]

[tex]0.02x=20[/tex]

[tex]x=\$1,000[/tex]

Find the value of y

[tex]y=2,800-x[/tex]

[tex]y=2,800-1,000=\$1,800[/tex]

therefore

The amount invested in the mutual fund that earned 5% was $1,000 and the amount invested in the mutual fund that earned 3% was $1,800

Use addition to solve the linear system of equations y=2x-5 3x+3=y

Answers

Answer:

(-8, -21)

Step-by-step explanation:

y=2x-5

3x+3=y

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

2x-5=3x+3

2x-3x-5=3

-x-5=3

-x=3+5

-x=8

x=-8

y=2(-8)-5=-16-5=-21

Answer: x=-8, y=-21.

Jasmine has 3/4 cup of flour in a mixing bowl. After adding more flour to the mixing bowl, Jasmine says that she now has 5/8 cup of flour.
Why is her statement incorrect?

Answers

Answer:

6/8

Step-by-step explanation:

3/4 into eighths would be 6/8. She said she had 5/8 cups of flour.

Caleb paid $26.70, including a 7% sales tax, for a security wallet. How much did the wallet itself cost?

Answers

Answer:

24.36

Step-by-step explanation:

26.7 / 1.07 = 24.36

24.36 should be your best answer !!!!

determina la medida de cada uno de los angulos del triángulo ABC si se conoce que (3x+1)° (3x+4)° y (2x-1)°​

Answers

Answer:

∠A=67°

∠B=70°

∠C=43°

Step-by-step explanation:

The correct question in English is

Determines the measurement of each of the angles of the triangle ABC if it is known that A=(3x+1)°,B=(3x+4)° and C=(2x-1)°.

we know that

The measure of the interior angles in a triangle must be equal to 180 degrees

so

∠A+∠B+∠C=180°

substitute the given values

[tex](3x+1)\°+(3x+4)\°+(2x-1)\°=180\°[/tex]

solve for x

[tex](8x+4)\°=180\°[/tex]

[tex]8x=180-4[/tex]

[tex]x=22[/tex]

Find the measure of each angle

∠A=(3(22)+1)=67°

∠B=(3(22)+4)=70°

∠C=(2(22)-1)=43°

someone please help with 17!! leave work below

Answers

Answer:

The amount charged is proportional to the ears of corn

Step-by-step explanation:

Now I'm going to explain, but write it in your own words. It's proportional because the amount charged is completely reliant on how many ears of corn you are buying.

So for every 1 ear of corn, you pay about 33 cents

or

For every 2 ears of corn, you pay about 67 cents

The amount you pay completely relies on how many you're buying

The width of a rectangle is 3/8 the length x of the rectangle. What is the perimeter of the rectangle?

Answers

Answer:

(11/4)x units

Step-by-step explanation:

for a rectangle,

perimeter = 2(length) + 2(width)

given:

length = x

width = (3/8)x

hence,

perimeter = 2(length) + 2(width)

perimeter = 2x + 2(3/8)x

perimeter = 2x + (3/4)x

perimeter = [2 + (3/4)]x

perimeter = (11/4)x

x|x integars between 4 & 8 lost the elements in the set

Answers

Answer:

The set of integer between 4 and 8 = { 5, 6, 7 }.

Step-by-step explanation:

Set:

A set is a well-defined  collection of distinct objects, elements encloses in curly bracket.  

For example.

set of vowels = { a, e, i, o, u }

set of any three Capital alphabets = { A, B ,Z }

set of cars = { Ferrari, Volvo, Mercedes, Audi }

Now we want set of integer between 4 and 8

Integer: All the positive and negative natural numbers are called integers.

-1, -2, -3, 1, 2, 3, 4, 5, 6 ,7 , 8 ..

The set of integer between 4 and 8 = { 5, 6, 7 }.

Determine the intercepts of the line.
y=-3x+12y=−3x+12

Answers

Answer:

x-intercept=4 and y-intercept = 12

Step-by-step explanation:

To find the x-intercept, make the y=0:

0 = -3x+12

3x = 12

x=12/3

x=4

To find the y-intercept, make the x=0:

y = -3(0) +12

y = 0 +12

y = 12

Hope this helps!

Please mark brainliest if you think I helped! Would really appreciate!

Answer:

y=12,0

x=4,0

Step-by-step explanation:

for those who were just as confused as i was <3

To divide a number by 100, move the decimal point _____.

two places to the right
three places to the left
two places to the left
three places to the right

Answers

Answer:

c. two places to the left

Step-by-step explanation:

Answer:

two places to the left

Step-by-step explanation:

The difference of 2 times a number and 3/4 is 1/2. Determine the number

Answers

Answer:

5/8

Step-by-step explanation:

if I understand correctly the problem is

(2*X)-(3/4)=1/2

to solve for x we need to isolate it, the first step in doing so is getting rid of the 3/4

2*X-3/4+3/4=1/2+3/4

simplify

2*X=1 1/4

the next step is getting rid of the 2

(2*X)/2=(1 1/4)/2

simplify

X=5/8

5 different mathematics books, 4 different French books and 2 different biology books are to be arrange on a shelf. How many different arrangements are possible, if
1. The books in each particular subject must all stand together?
2. Only the mathematics books must stand together.

Answers

Problem 1

A = 5! = 5*4*3*2*1 = 120 ways to arrange the math books

B = 4! = 4*3*2*1 = 24 ways to arrange the French books

C = 2! = 2*1 = 2 ways to arrange the biology books

D = 3! = 3*2*1 = 6 ways to arrange the three blocks of books, each block a different subject

E = A*B*C*D = 120*24*2*6 = 34560 different ways to arrange the books such that the subjects stick together

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

Answer: 34560

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

Problem 2

Group all the math books to form one "book". This is the same as taking out the 5 math books and replacing it with one single math book. This single math book acts as a placeholder for all of the five books together as one block.

We have

1 math "book"

4 French books

2 biology books

So there are 1+4+2 = 7 "books" total and

7! = 7*6*5*4*3*2*1 = 5040 different ways to arrange those "books"

Within the math block of books, there are 5! = 120 ways to arrange things.

So overall we have 120*5040 = 604800

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

Answer: 604800

ANSWER MY QUESTION PLEASE


Here is a linear equation: y = 1/4x + 5/4. Find the x-intercept of the graph of the equation.
Hint: the y-value will be 0 at the x-intercept.

write your answer

Answers

When you plug the equation into a graphing calculator the x-intercept is -5
Or you can set the equation equal to 0 and solve for x.
Final answer:

To find the x-intercept of the linear equation y = 1/4x + 5/4, substitute y = 0 into the equation and solve for x. The x-intercept is -5.

Explanation:

To find the x-intercept of the graph of the equation y = 1/4x + 5/4, we need to set the y-value to 0 and solve for x.

So, by substituting y = 0 into the equation, we get 0 = 1/4x + 5/4.  

Now, we can solve for x by isolating x on one side of the equation. Subtracting 5/4 from both sides gives us -5/4 = 1/4x. Multiplying both sides by 4 gives us -5 = x, or x = -5.

Therefore, the x-intercept of the graph is -5.

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Your get a haircut that cost $23.if you tip the barber 10%,what is the final bill?

Answers

Answer:

$25.30

Step-by-step explanation:

The final bill was $25.30 if you get a haircut that cost $23.if you tip the barber 10% of the total haircut cost.

What is the percentage?

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

It is given that:

You get a haircut that cost $23.if you tip the barber 10% of the total hair cut cost.

Let x be the final bill amount.

The value of x can be found as follows:

x = $23 + 10% of $23

x = 23 + (10/100)23

x = 23 + 0.1(23)

x = 23 + 2.30

x = $25.30

Thus, the final bill was $25.30 if you get a haircut that cost $23.if you tip the barber 10% of the total haircut cost.

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cos(t)=24/25, what does sin(t)=?

Answers

Answer:

The value of sin t is [tex]\frac{7}{25}[/tex]

Step-by-step explanation:

Given as :

cos (t) = [tex]\frac{24}{25}[/tex]

Since sin² t + cos² t = 1

So, sin² t = 1 - cos² t

or,  sin² t = 1 - ([tex]\frac{24}{25}[/tex])²

or,  sin² t = [tex]\frac{25^{2} - 24^{2} }{25^{2} }[/tex]

Or,  sin² t = [tex]\frac{625 - 576}{625}[/tex]

Or ,   sin² t = [tex]\frac{49}{625}[/tex]

Or, sin t = [tex]\sqrt{\frac{49}{625} }[/tex]

So, sin t = [tex]\frac{7}{25}[/tex]

Hence The value of sin t is [tex]\frac{7}{25}[/tex]   Answer

A sporting goods store manager was selling a ski set for a certain price. The manager offered the markdowns shown on the right, making the one day sale price of the ski set $328. Find the original selling price of the ski set.

Answers

Final answer:

The original selling price of the ski set is $585.71.

Explanation:

Step 1: Determine the final sale price after the first markdown

The one-day sale price of the ski set is $328, and the first markdown is 20%. To find the final sale price after the first markdown, we can set up the equation:

0.80 × Original Price = $328

Solving for the original price, we get:

Original Price = $328 / 0.80 = $410

Therefore, the final sale price after the first markdown is $410.

Step 2: Determine the original selling price

The final sale price after the first markdown is $410, and the second markdown is 30%. To find the original selling price, we can set up the equation:

0.70 × Original Price = $410

Solving for the original price, we get:

Original Price = $410 / 0.70 = $585.71

Therefore, the original selling price of the ski set is $585.71.

Evelyn is using her grandmother's pancake recipe, but she wants to make 40% more pancakes than the recipe usually prepares. If her grandmother's recipe calls for 1/2 cup of flour, how much flour will Evelyn need to use? Show Work!
(A) 3/10 cup
(B) 1/2 cup
(C) 7/10 cup
(D) 1 3/10 cup

Answers

(C) 7/10 cup is the correct answer

Step-by-step explanation:

First of all we will calculate the 40% of grandmother's recipe then add it to the given flour in grandma's recipe

So,

The amount of flour in grandma's recipe = F_g = 1/2 cups

Calculating percentage

[tex]=40\%\ of\ \frac{1}{2}\\=\frac{40}{100}*\frac{1}{2}\\=\frac{2}{10}[/tex]

So Evelyn needs to add 2/10 cups more to the original quantity.

So,

Flour used by Evelyn:

[tex]=\frac{1}{2}+\frac{2}{10}\\\\=\frac{5+2}{10}\\\\=\frac{7}{10}\ cups[/tex]

Hence,

(C) 7/10 cup is the correct answer

Keywords: Percentage, Quantity

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it took jack 360 seconds to walk home from school how many min did it take him

Answers

1 minute has 60 seconds. So dividing the number of seconds jack has to walk from school to home by 60 will give us minutes.

[tex]t=\dfrac{360\mathrm{s}}{60}=\boxed{6\mathrm{min}}[/tex]

Hope this helps.

it would take jack two minutes

Which two points on the number line represent numbers that can be combined to make zero? C

Answers

Answer:

The are infinite

Step-by-step explanation:

some are 1,-1

2,-2

3,-3

10000,-10000

Answer:

It’s a

Step-by-step explanation:

Avery bought 5 packs of pencils there were eight pencils in each back if every team line pencils to her friends how many pencils does Avery have left ​

Answers

Answer:

31

Step-by-step explanation:

Avery has 31 left

5 x 8 = 40

40 - 9 = 31

therefore avery has 31 pencils left

4. How much time will it take for a bug to travel 7.5 meters across the floor if it is traveling at 1 m/s?

Answers

It will take the bug 7.5s to travel across the floor.

Step-by-step explanation:

Distance = 7.5 meters

Speed = 1 m/s

The formula for speed is

[tex]Speed = \frac{Distance}{Time}\\\\Time = \frac{Distance}{Speed}\\Time=\frac{7.5}{1}\\Time=7.5\ s[/tex]

It will take the bug 7.5s to travel across the floor.

Keywords: distance, speed

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what is the sign of 3/5 + 3/5

Answers

Final answer:

The sum of two positive numbers always has a positive sign, so the sum of 3/5 + 3/5 is positive.

Explanation:

The question what is the sign of 3/5 + 3/5 involves understanding the rules of addition for numbers with the same sign. According to the rules of addition:

When two positive numbers add, the answer has a +ve sign.

Since both fractions 3/5 and 3/5 are positive, their sum will also have a positive sign. Therefore, the sign of the sum 3/5 + 3/5 is +ve, which means the answer is also positive.

Write an inequality for the graph.

Answers

Answer:

x ≤ 3

This is because it is a closed circle.

-3 2/7 times .14 as a decimal and a fraction

Answers

Answer:

  -0.46 or -23/50

Step-by-step explanation:

We note that 0.14 is easily divisible by 7, so we can do this using the distributive property:

  (-3 2/7)(0.14) = (-1)(3 + 2/7)(0.14)

  = (-1)(3×0.14 +2/7×0.14)

  = (-1)(0.42 +0.04)

  = -0.46 . . . . . decimal form

  = -46/100 . . . . place value

  = -23/50 . . . . remove common factor of 2; fraction form

The product is -0.46 or -23/50.

Can someone please explain to me HOW to transform this equation to determine if its an identity (8x+12y)^2+(6x+9y)=(10x+15y)^2

Answers

Answer:

See explanation

Step-by-step explanation:

Given

[tex](8x+12y)^2+(6x+9y)^2=(10x+15y)^2[/tex]

Note

[tex](8x+12y)^2=(4(2x+3y))^2=16(2x+3y)^2\\ \\(6x+9y)^2=(3(2x+3y))^2=9(2x+3y)^2\\ \\(10x+15y)^2=(5(2x+3y))^2=25(2x+3y)^2[/tex]

Since

[tex]16(2x+3y)^2+9(2x+3y)^2=(2x+3y)^2(16+9)=25(2x+3y)^2,[/tex]

this is an identity

A loan of $46,000 is made at 7% interest, compounded annually. After how many years will the amount due reach $65,000 or more?

Answers

After 5.11 years, amount due reach $65,000 or more

Solution:

Given that a loan of $46,000 is made.

Rate of interest charged is 7% compounded annually

Need to determine number of years in which the amount due reach $65,000 or more.

In our case

Amount due A = $65000

Loan Amount that is principal P = $46000

Rate of interest r = 7%

Formula for Amount compounded anually is as follows:

[tex]\mathrm{A}=P\left(1+\frac{r}{100}\right)^{n}[/tex]

Substituting the values in above formula we get

[tex]\begin{array}{l}{65000=46000\left(1+\frac{7}{100}\right)^{n}} \\\\ {\frac{65000}{46000}=\left(\frac{107}{100}\right)^{n}} \\\\ {\Rightarrow 1.4130=(1.07)^{n}}\end{array}[/tex]

Applying log on both sides, we

[tex]\begin{array}{l}{\ln 1.4130=n \ln 1.07} \\\\ {=>\frac{\ln 1.4130}{\ln 1.07}=\mathrm{n}} \\\\ {=>\mathrm{n}=\frac{0.34571}{0.067658}=5.1096=5.11}\end{array}[/tex]

Hence after 5.11 years , amount due reach $65,000 or more

A satellite travels 29 1/2 miles every 4 1/3
seconds. What is its unit rate of speed?​

Answers

Answer:

The speed at which the satellite travel is 6.80 miles per second

Step-by-step explanation:

Given as :

The distance cover by satellites = 29 [tex]\frac{1}{2}[/tex]  miles

Or, The distance cover by satellites  = [tex]\frac{59}{2}[/tex] miles

The Time taken by satellite to travel with this speed = 4[tex]\frac{1}{3}[/tex] sec

Or, The Time taken by satellite to travel with this speed = [tex]\frac{13}{3}[/tex] seconds

Let the Speed with which the satellite travel = s miles per second

Now, As we know

Speed = [tex]\dfrac{\textrm Distance}{\textrm Time}[/tex]

Or, s = [tex]\frac{\frac{52}{2}}{\frac{13}{3}}[/tex]

or, s = [tex]\frac{59\times 3}{2\times 13}[/tex]

∴ s = 6.80 mps

So, speed = s = 6.80 miles per second

Hence The speed at which the satellite travel is 6.80 miles per second Anwser

In a recipe for double chocolate every 1/2 cup of milk calls for 2 cups of chocolate. if the recipe were increased to include 4 cups of chocolate, how much milk would be needed?

Answers

Answer:1 C milk

Step-by-step explanation:

1/2 C milk = 2 C chocolate

1 C milk = 4 C chocolate

Answer:

1 cup of milk

Step-by-step explanation:

If 1/2 cup of milk is needed for 2 cups of chocolate, and you need to find how much milk is needed for 4 cups, then you'd follow the same steps as going from 2 cups to 4, multiplying by 2.

2 cups chocolate x 2 = 4 cups chocolate

1/2 cup milk x 2 = 1 cup

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Which carbohydrate is used for energy storage in the liver?A)celluloseB)glycerolC)glycogenD)starch On September 1, 2020, Pina Corporation acquired Kingbird Enterprises for a cash payment of $690,000. At the time of purchase, Kingbirds balance sheet showed assets of $570,000, liabilities of $230,000, and owners equity of $340,000. The fair value of Kingbirds assets is estimated to be $880,000. How can I factor 25x + 14 1. el Da de San Valentn NOTA 2. el tercer mes del ao 3. Hannukah 4. el Da de las Madres 5. el sptimo mes del ao 6. el Da de Ao Nuevo (New) Find the difference between -14w - 3 and 5w.-9 w - 3-19 w + 3-19 w - 3-22 w Fill-in-the-blankWord Box (one term per response - no repeating, but you will not use every term):*Metabolism*CovalentElectronsHydrogen ions*Protons*Ionic*Controlled Experiment18. An experiment in which only one variable is changed is a(an)_experiment19. The combination of chemical reactions through which an organism builds up or breaks downmaterials as it carries out its life processes is called20. Neutrons andare found in the nucleus of an atom.21. A chemical bond formed by the transfer of electrons is a(an)bond22. The pH scale is a measurement system that indicates the concentration ofin a solution Byron wants to use Quick Parts to insert reusable content into a company Word document. Where will he access this option? Design tab Insert tab Home tab Review tab A group of statistics students decided to conduct a survey at their university to find the average (mean) amount of time students spent studying per week. Assuming a population standard deviation of six hours, what is the required sample size if the error should be less than a half hour with a 95% level of confidence? Changes in governments or ruling political parties can affect businesses. The main concern of a multinational corporation is Multiple Choice A. change in the economic risk. B. access to open markets. C. the continuity of the set of rules, codes of behaviors, and the rule of law. D. which government is in power. E. the exchange rate and trade policies. Which of the following represents the area of a rectangle whose length is 3x + 5 and whose width is x 2?