What rate of simple interest is needed for $700 to double, in 3 years?

Answers

Answer 1
Final answer:

The rate of simple interest required for $700 to double in 3 years is found using the formula I=PRT. In this scenario, the rate comes out to be approximately 33.3%.

Explanation:

The subject of this question is finding the rate required for simple interest to cause an investment of $700 to double in a duration of 3 years.

Generally, we use the formula for simple interest: I=PRT where P is the principal amount (700 in this case), I is the interest earned, R is the rate we want to find and T is the time period in years.

However, since the aim is for the $700 to double, the interest earned will be an additional $700, thereby making the total $1400. Thus, substituting these values into the formula, we get 700 = 700 * R * 3. Simplifying this, we find that R = 700/(700*3) = 1/3 or approximately 33.3%.

Hence, the rate of simple interest required for $700 to double in 3 years is approximately 33.3%.

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Answer 2

R = 1/3 or 33.33%. So, the simple interest rate needed for $700 to double in 3 years is approximately 33.33%.

To find out the simple interest rate that is needed for $700 to double in 3 years, we can set up the equation based on the formula for simple interest, which is I = PRT (where I is the interest, P is the principal amount, R is the rate of interest, and T is the time period in years).

Since the student wants the money to double, the interest gained should be equal to the principal, which means I = $700. The time given is T = 3 years. Plugging these values into our formula, we get:

$700 = $700 × R  × 3

By dividing both sides by $2100 ($700  ×3), the equation simplifies to:

R = $700 / $2100

Therefore, R = 1/3 or 33.33%. So, the simple interest rate needed for $700 to double in 3 years is approximately 33.33%.


Related Questions

The monthly rent of Marilyn's house went from $500 to $400, if p is the percent decrease in the rent, which proportion can be used to calculate p?

Answers

Answer:

D

Step-by-step explanation:

doing the test right now

please help asap 48 pts

Answers

The correct answer is B.
The correct answer is B

-2y multiplied by -2y = 4y^2
3x Times 5x = 15x^2
3x Times -2y = -6xy
-2y times 5x = -10xy
-6xy plus -10xy = -16xy

How do I convert 2.4 x 10^21 formula units of magnesium hydroxide to grams?

Answers

Are you taking chemistry at the same time? If not, this is a pretty hard question. 

Facts

1. As a formula unit,  Magnesium Hydroxide has a chemical formula of Mg(OH)2 
2. That means for every Magnesium, there are 2 oxygens and 2 hydrogens
3. The weights of these components are found on a periodic table. Since every periodic table is different, I'm going to approximate the results.

Mg = 24
O  = 16
H = 1
 
4. One mole of anything has 6.02 * 10^23 (in this case) formula units associated with it.

Step One
Find the number of grams in 1 formula unit using the numbers from the periodic table.

1 Mg = 1 * 24 = 24
2 O = 2 * 16 = 32
2 H = 2 * 1 = 2
Total = 58 grams

So 
1 mole of Mg(OH)2 = 58 grams

1 mole / 6.02 * 10 ^23 formula units =  x mole / 2.4 * 10 ^ 21 formula units
Cross multiply

1 mole * 2.4 * 10^21 formula units = x mole * 6.02 * 10^23 formula units.
Divide both sides by 6.02 * 10^23

1 * 2.4 * 10^21 / 6.02 * 10 ^ 23 = x
x = 0.003987 moles

Now do this again for grams
1 mole / 58 grams = 0.003987 mole / x grams  Cross multiply
1 mole * x   = 0.003987 * 58 grams
x = 0.2232 grams <<<<< Answer
 

What is the answer for this equation?

36^-x+3=(1/216)^x+1

Answers

x=-9
also photomath is a good app to use for math ☺️
hoped this helped

The Nichols family consists of 8 children and 2 adults. The family minivan can safely transport a total of 7 family members, including an adult driver.

Which number line illustrates the capacity of the Nichols minivan as an inequality?

Answers

For this case, the first thing we must do is define a variable:
 x: number of people who will use the family minivan.
 We have then:
 "The family minivan can safely transport a total of 7 family members, including an adult driver":
 x <= 7
 Answer:
 
x <= 7
 
A number line that illustrates the capacity of the Nichols minivan as an inequality is:
 
option C)

15 is 10 % of what number

Answers

15*10=150

15 is 10% of 150

Jack and Jane are married and both work. However, due to their responsibilities at home, they have decided that they do not want to work over 65 hours per week combined. Jane is paid $14 per hour at her job, and Jack is paid $7 per hour at his. Neither of them are paid extra for overtime, but they are allowed to determine the number of hours per week that they wish to work. If they need to make a minimum of $770 per week before taxes, what is the maximum amount of hours that Jack can work per week according to these limits?

Answers

By setting up a system of equations we can easily solve this problem. Let's denote Jane's working hours with x and Jack's working hours with y. Since they don't want to work more than 65 hours, the first equation is x+y=65. The second equation is 14x+7y=770. By solving this system of equation [tex] \left \{ {{x+y=65} \atop {14x+7y=770}} \right. [/tex], we find that y=20 hours, which is Jack's maximum working hours. 

Answer:

20

Step-by-step explanation:

Item 11 Solve y=4x+8x for x.

Answers

Final answer:

To solve the equation y = 4x + 8x for x, isolate x by combining like terms on the right side and dividing both sides by 12. The solution is x = y/12.

Explanation:

To solve the equation y = 4x + 8x for x, we need to isolate x on one side of the equation.

We can start by combining the like terms on the right side:

12x = y

To find the value of x, divide both sides of the equation by 12:

x = y/12

So the solution to the equation is x = y/12.

Final answer:

To solve the equation y = 4x + 8x for x, combine like terms to get y = 12x and then divide both sides by 12 to find x = y/12.

Explanation:

The student's question requires us to solve the given equation for x. The original equation provided is y = 4x + 8x. To solve for x, we first combine like terms on the right side of the equation.

Combine like terms: y = 4x + 8x becomes y = 12x.Divide both sides of the equation by 12 to isolate x: x = y/12.

The solution for x is x = y/12. This is a straightforward algebraic manipulation that involves combining like terms and using division to solve for the unknown variable.

The depreciating value of a semi-truck can be modeled by y = Ao(0.87)x, where y is the remaining value of the semi, x is the time in years, and it depreciates at 13% per year.

An exponential function comes down from the positive infinity and passes through the points zero comma eighty-seven thousand. The graph is approaching the x-axis.

What is the value of the truck initially, Ao, and how would the graph change if the initial value was only $67,000?

$90,000, and the graph would have a y-intercept at 20,000
$87,000, and the graph would have a y-intercept at 67,000
$87,000, and the graph would fall at a slower rate to the right
$87,000, and the graph would fall at a faster rate to the right

Answers

The initial value of the truck is the value of y when x = 0. Since the graph passes (0, 87000), this means that the value of the truck initially was $87,000. If the initial value was only $67,000, then the y-intercept would have been (0, 67000). This is the second choice.

Answer:

I just took the test the answer is

Step-by-step explanation:

B. 87,000, and the graph would have a y-intercept at 67,000.

Which ordered pair is a solution of y = x + 12?
(24, 12)

(9, 21)

(–12, –24)

(0, –12)

Answers

the answer is (9,21) because is you plug in 9 for x, and add 12, you get 21.
The (24,12) because 12 + 12 = 24

Consider the following graph of a piecewise-defined function.

When x<-2, f(x)=

A: -3
B: 5
C: 2

When -2
A: x+2
B: 2x+2
C: 2x

When x>3, f(x)=

A: -3
B: 5
C: 2

Answers

From the graph of peicewise-defined function, we shall obtain the answers to the questions as follows:
a] When x<-2, the value of f(x) will be f(x)=5
Answer: B:5

b] when x≥3, the value of f(x) will be f(x)=-3
Answer: A: -3

Answer:

When x<-2, f(x) = 5

When -2<x<3, f(x)= 2x+2

When x>3, f(x)= -3

Step-by-step explanation:

Select ALL the expressions that are equivalent to the polynomial below.
(4x+5)(-3x-1)
(-16x^2 + 10x - 3) + (4x^2 - 29x - 2)
3(x - 5) - 2(6x^2 + 9x + 5)
2(x - 1) - 3(4x^2 + 7x + 1)
(2x^2 - 11x - 9) - (14x^2 + 8x - 4)
(-15x^2 + 9x - 10) + (3x^2 - 10x - 5)
(4x^2 - 13x - 7) - (16x^2 + 9x - 5)

Answers

For this case we have the following polynomial:
 (4x + 5) (- 3x-1)
 Rewriting we have:
 -12x ^ 2 - 4x - 15x - 5
 -12x ^ 2 - 19x - 5
 The equivalent polynomials for this case are given by:
 (-16x ^ 2 + 10x - 3) + (4x ^ 2 - 29x - 2)
 2 (x - 1) - 3 (4x ^ 2 + 7x + 1)
 (2x ^ 2 - 11x - 9) - (14x ^ 2 + 8x - 4)
 Answer:
 
(-16x ^ 2 + 10x - 3) + (4x ^ 2 - 29x - 2)
 
2 (x - 1) - 3 (4x ^ 2 + 7x + 1)
 
(2x ^ 2 - 11x - 9) - (14x ^ 2 + 8x - 4)
answers would be A D C

A certain company's main source of income is selling socks. The company's annual profit (in millions of dollars) as a function of the price of a pair of socks (in dollars) is modeled by: P(x)=-3(x-5)^2+12 . What sock price should the company set to earn a maximum profit?

Answers

For this case we have the following function:
 P (x) = - 3 (x-5) ^ 2 + 12
 We derive the function to obtain the maximum.
 We have then:
 P (x) = - 6 (x-5)
 We match zero:
 -6 (x-5) = 0
 We clear x:
 x-5 = 0
 x = 5
 Answer:
 
the company should set a sock price of 5 $ to earn a maximum profit
Final answer:

To obtain the maximum profit, the company should set the price of each pair of socks to $5. This answer is derived from the vertex of the given quadratic profit function.

Explanation:

The student question asks at which price the sock selling company should sell its product to earn a maximum profit, given the profit function: P(x)=-3(x-5)^2+12. This function is a standard form of a quadratic equation, and in such equation, the maximum value is achieved at the vertex.

In this case, the vertex (h,k) of the quadratic function is (5,12), where 'h' is the value of 'x' that gives the maximum profit 'k'. So the company should set the price at $5 to earn a maximum profit.

This economic model analysis' underlying principle relies on the assumption of maximizing total revenues and minimizing total costs to yield the maximum profit. Hence, recognizing the nature of the profit function is crucial.

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quando o Ângulo de elevação do sol e de 70 a sombra de um edifício medes 20 cm calcule a altura do edifício
dados : sen 70=0,93 cos 70=0,3 e tg70=2,74?

Answers

Use x para a altura.

tg 70 = x/(20 cm)

x = 20 cm * tg 70

x = 20 cm * 2,74

x = 54,8 cm

Resposta: A altura do edifício é 54,8 cm.

What is the y-intercept of the line whose equation is y = x - 3?

Answers

Answer:

-3

Hope this helps! Please mark as brainliest.

Sin (2x -9)= Cos (x +30) to solve for x

Answers

A graphing calculator shows four (4) zeros of
  f(x) = sin(2x -9°) -cos(x +30°)
in the range 0° ≤ x ≤ 360°

Solutions are x ∈ {23°, 129°, 143°, 263°).

_____
You can make use of a couple of trig identities to rearrange this equation.
  cos(x) = sin(x+90°)
  sin(a) -sin(b) = 2*cos((a+b)/2)*sin((a-b)/2)
So
  sin(2x -9°) -sin(x +120°) = 2*cos((3x +111°)/2)*sin((x -129°)/2) = 0
The cosine factor will be zero for
  (3x +111°)/2 = n*180° +90°
  3x -69° = n*360°
  x = 23° +n*120° . . . . . . for any integer n
The sine factor will be zero for
  (x -129°)/2 = n*180°
  x = 129° +n*360° . . . . . for any integer n

Combined, these solutions give the ones listed above in the range 0..360°.

A ball is thrown upward from the top of a building. The function below shows the height of the ball in relation to sea level, f(t), in feet, at different times, t, in seconds: f(t) = −16t2 + 48t + 160 The average rate of change of f(t) from t = 3 seconds to t = 5 seconds is _____ feet per second.

Answers

The Average rate of change of f(t) from t = 3 seconds to t = 5 seconds is - [tex]v_{avg} = -80\;ft/s[/tex]

We have a equation -

[tex]f(t) = -16t^{2} +48t+160[/tex]

that calculates the height of the ball from sea level in feet at different times.

We have to find the average rate of change of f(t) from t = 3 seconds to t = 5 seconds.

What is Average velocity?

The rate of change of displacement per unit time is called average velocity. Mathematically -

[tex]v_{avg} = \frac{d_{2} - d_{1} }{t_{2} - t_{1} }[/tex]

We have -                      

[tex]f(t) = -16t^{2} +48t+160[/tex]

For time t = 3 seconds, f(t) is -

[tex]f(3) = -16(3)^{2} + 48(3) + 160\\f(3) = -144 +144 +160\\f(3) = 160\; feets\\[/tex]

For time t = 5 seconds, f(t) is -

[tex]f(5) = -16(5)^{2} + 48(5) + 160\\f(5) = -400+240+160\\f(5) = -400 + 400\\f(5) = 0 feet[/tex]

The formula for average velocity is -

[tex]v_{avg} = \frac{d_{2} - d_{1} }{t_{2} - t_{1} }[/tex]

According to question -

[tex]t_{2} = 5s[/tex]    and     [tex]t_{1} = 3s[/tex]

[tex]d_{2} = f(5) = 0 feet[/tex]     and       [tex]d_{1} = f(3)=160[/tex]

Substituting the values in the formula of average velocity, we get -

[tex]v_{avg} = \frac{0 - 160}{5 - 3} \\v_{avg} = \frac{-160}{2\\} \\v_{avg} = -80\;ft/s[/tex]

Hence, average rate of change of f(t) from t = 3 seconds to t = 5 seconds is [tex]v_{avg} = -80\;ft/s[/tex].

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WILL GET BRAINLIEST

Which does NOT represent the interior angle measures of a triangle? A.5°, 75°, 100°B.10°, 80°, 90°C.20°, 60°, 100°D.45°, 45°, 45°E.50°, 50°, 80°

Answers

The angles should measure 180º.

5° + 75°+ 100° = 180°

10°+ 80°+ 90° = 180°

20° + 60° + 100° = 180°

45° + 45° + 45° = 135°

50° + 50° +  80° = 180°

So D does not represent interior angle measures of a triangle.

Hope this Helps!!

The sum of three numbers is 62. The second number is equal to the first number diminished by 4. The third number is four times the first. What are the numbers?

Answers

Hey there!

Let: 1st number = x
       2nd number = x - 4
       3rd number = 4x 

x + (x-4) + 4x = 62
6x - 4 = 62
6x = 62 + 4
6x = 66

x = 11 ---> 1st number

x - 4 = 11 - 4 
        = 7  ---> 2nd number 

4x = 4(11)
     = 44 ---> 3rd number 

brainly The point (−4, 2) is on the terminal side of angle Θ, in standard position. What are the values of sine, cosine, and tangent of Θ? Make sure to show all work. (10 points)

Answers

The tangent =  -2/4 = -1/2
The length of the hypotenuse = sqrt20 = 2 sqrt5
sine = 2 / 2 sqrt5  = 1 / sqrt5
cosine = -4 / 2 sqrt5  = -2/sqrt5

A rectangular wall has a length of 12ft and a width of 8ft. The wall has two rectangular windows. Each window has a width of 3ft and a height of 5ft. Andrea chooses a point on the wall at random to test a new paint color. What is the probability she could choose a point on a window

Answers

The probability would be about 31%

Please answer ASAP!!! How many vertical asymptotes does the graph of this function have ?

Answers

Answer:

The answer is 1.

Got it from Apex

Step-by-step explanation:

Find the domain of the function :

Can you show the steps

Answers

a rational function must not have a denominator of 0, since that means the divisor is a 0 and there's no number whatsoever you can multiply it with 0 to get the dividend, the short version of all that is, the fraction is "undefined".

a domain for a rational is any values of "x" that are safe, namely will not make the denominator undefined, there are a few other constraints, but this is the only one in this case.

so, what values "x" cannot take on safely?  well, we can find out what makes the denominator to 0, by simply, yeap, you guessed it, zeroing it out, let's do so,

 [tex]\bf 5x+2=0\implies 5x=-2\implies x=-\cfrac{2}{5}[/tex]

so, if ever "x" becomes -2/5, our handy dandy fraction will go poof.

so the domain is all real numbers for "x", EXCEPT -2/5, or in Set Builder notation, {x | x ∈ ℝ; x ≠ -⅖}

I need help

Simplify 4z2 + z2 + 6a.


4z2 + 7a


5z2 + 6a


3z2 + 6a


11az2



Answers

5z^2 + 6a

This is because there is an imaginary 1 in front of the second term that you have to remember to use when combining like terms. 

Write a quadratic equation whose solutions are 2i and -2i.

Answers

are there any answer choices

Answer:

answer= 2i

Step-by-step explanation:

PLEASE SOMEONE I AM SO DESPERATE like actually crying
1. The equation of a parabola is given. y=−1/6x2+7x−80 What is the equation of the directrix of the parabola?
2. (y+2)^2= 129X-5)
What is the equation of the directrix of the parabola?

Answers

Part 1)
we have that
y=−1/6x2+7x−80 

y= (−1/6)x^2+7x−80      multiply both sides by -6

-6y  =    x^2   - 42x  +  480       subtract 480 from both sides

 -6y  - 480   =  x^2  -  42x    take (1/2)  of 42  = 21.....square this  = 441  and add to both sides

 -6y - 480 + 441  =   x^2  - 42x  +  441       simplify the left, factor the right

 -6y - 39   =  (x  - 21)^2      factor the left side as

 -6 (y  +  39/6)   =  ( x - 21)^2       (1)

 Using the form

 4p (y - k)  =  ( x  - h)^2        we  can   write (1)  as

 4 (-3/2)(y - (-39/6) )   =  ( x  - 21)^2

 The vertex  = ( h, k)  =  ( 21, -39/6)   and    p  = -3/2

 And the directrix   is given by 

 y  = k - p  →   y  = -39/6 - (-3/2)  =  -39/6 + 3/2  = -39/6 + 9/6  =

-30/6  = - 5-------> y=-5


the answer Part 1) is

y=-5


Part 2) (y+2)^2= 129X-5 

What is the equation of the directrix of the parabola?
(y+2)²= 129X-5 -----> 129*(x-5/129)=(y+2)²   (1)

Using the form

 4p (x - h)  =  ( y  - k)^2        we  can   write (1)  as

 4*(129/4)*(x-5/129)=(y+2)²

 The vertex  = ( h, k)  =  ( 5/129, -2)   and    p  = 129/4

 And the directrix   is given by 

x  = h - p  →   x = 5/129 - (129/4)  =  (20-16641)/516-----> -16621/516

x=-32.21


the answer part 2) is 

x=-32.21

I need to answer three questions about y = x^(-2) on the interval [-4, -1/2]. I have attached my questions and my answers as screenshots:

Part 1 - ANSWER C
Part 2 - ANSWER A
Part 3 - ANSWER B

I am referring to each part in the order that I uploaded the screenshots. You will see that my answers are highlighted in blue. I like second opinions!

Answers

I wasn't sure how to order things, so I decided to write directly on top of your screenshots. Have a look at the three attachments. Two of which are correct. There is one incorrect answer though you're fairly close. 

the equation 3sinx+cos^2x=2 is solved below
Please help! Thanks!

Answers

we have that
3sin x+cos²x=2
3sin x+(1-sin²x)=2
-sin²x +3sin x=1
sin²x -3 sin x+1=0---------> up to here the procedure is correct
let
A=sin x
then
A²-3A+1=0

Group terms that contain the same variable, and move the constant to the opposite side of the equation

(A²-3A)=-1

Complete the square. Remember to balance the equation by adding the same constants to each side.

(A²-3A+2.25)=-1+2.25

Rewrite as perfect squares

(A-1.5)²=1.25

(+/-)(A-1.5)=1.12

first solution

(A-1.5)=1.12--------> A=1.12+1.5-----> A=2.62-----> sin x=2.62

second solution

-(A-1.5)=1.12----> -A+1.5=1.12----> A=1.5-1.12----> A=0.38---> sin x=0.38

the answer is

the equation was factored incorrectly

Its is b. hope this halps

Please help with geometry

Answers

[tex]A=240\\\\A=a\cdot h\\\\New:a'=\dfrac{1}{4}a\ and\ h'=2h\\\\A'=a'h'=\dfrac{1}{4}a\cdot2h=\dfrac{1}{2}ah=\dfrac{1}{2}A=\dfrac{1}{2}\cdot240=\boxed{120}[/tex]

If the sum of two numbers is 20 and one of those numbers is three times the other, what is the smaller number?

Answers

x = smaller number
y = bigger number

y = 3x

x+y = 20
x+3x = 20
4x = 20
x = 5

The smaller number is 5.
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