Tara invests $555 into a savings account that has an interest rate of 12.6% and is compounded quarterly. How many years will it take for the account to reach a balance of $5,600?

Answers

Answer 1

Answer:  7 years.

Step-by-step explanation:

We can use the formula for compound interest to solve this problem. The formula is:

A = P(1 + r/n)^(nt)

where A is the ending balance, P is the principal (initial investment), r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years.

We know the principal, P, is $555, the annual interest rate, r, is 12.6%, and the ending balance, A, is $5,600. We also know that the interest is compounded quarterly, so n = 4.

Plugging in these values, we get:

5600 = 555(1 + 0.126/4)^(4t)

Simplifying and solving for t, we get:

t = (1/4) * log(5600/555) / log(1 + 0.126/4) = 7

Therefore, it will take 7 years for the account to reach a balance of $5,600.


Related Questions

Degree and Radian Measures

Convert the angle to radians. Leave as a multiple of /pi
-630°

a. -7/pi
b. - 7/pi/4
c. - 7/pi/2
d. 7/pi/2

Please select from the best choices provided

Answers

Answer:

C. -7/pi/2

Step-by-step explanation:

I calculated it logically

For number 2 which available choice is the right answer and explain why

I will give a brainlist for the right answer

For number 2 which available choice is the right answer and explain whyI will give a brainlist for the

Answers

Answer:

Step-by-step explanation:

1) The steps here are given.

2) The two angles are equal because they are vertically opposite.

3) The two triangles are congruent by ASA

-33+2x= -6(1 + 5x) +5x

Answers

Answer:

=1

Step-by-step explanation:

answer you are asking for is 1

650^4×650^5= 650 to the what power​

Answers

Answer:

650^9

power gets added when base is same

650^9!! hope this helps! feel free to clarify

I need help resolving this please

I need help resolving this please

Answers

27x^6 = 387420489

You want something similar but cubed.

\(\sqrt[3]{387420489}\) = 729

YOUR ANSWER: 729x^3 = 387420489

Step-by-step explanation:

2. Joel can type 197 words per minute if she types at the same rate, how many words can
she type in 35 minutes.

Answers

I believe it is 6,895. I just multiplied by 197 by 35

Write 8% as a fraction. There is no need to simplify your answer.​

Answers

Answer:

8/100

Step-by-step explanation:

The percentage 8% can be written as \(\frac{8}{100}\) as a fraction.

The percentage is a method of proportionating a given fraction out of 100. x% implies x out of 100 always. The method is used to facilitate comparison is part of a whole when the total figure differs in different cases.

Fraction, on the other hand, is simply the expression of part of a whole. The numerator referring to the part and denominator to the whole. The whole need not be 100.

The percentage 8% means 8 out of 100. Thus the fraction becomes \(\frac{8}{100}\).

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If a solution has 24g of sugar in 130ml of water, what is its concentration?

Answers

Answer: concentration = 15.58%

Step-by-step explanation:

Given: mass of sugar = 24 g = 24 ml   [ ∵ 1 g = 1 ml]

Volume of solution = Quantity of water + quantity of solute

= 130 +24 ml

= 154 ml

Concentration = \(\dfrac{mass\ of\ solute}{Volume\ of\ solution}\times100\)

\(=\dfrac{24}{154}\times 100\\\\\approx15.58\%\)

Hence, the concentration =15.58%

an aquarium at a pet store, holds 3 gallons of water. how many aquariums will it take to hold 10 gallons?

Answers

Answer:

you will need 30 aquariums to hold 10 gallons.

Step-by-step explanation:

3.10=30

10/3 aquariums will it take to hold 10 gallons.

What is unit rate?

Unit rate is defined as the ratio of two quantities used to find the amount associated with per unit of quantity.

Given that, an aquarium, holds 3 gallons of water, we need to find the number of aquariums will it take to hold 10 gallons,

So, 1 aquarium = 3 gallons

So, 1 gallon = 1/3 aquariums

So, 10 gallons = 10/3 aquariums

Hence, 10/3 aquariums will it take to hold 10 gallons.

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A red purse contains $7, and a black purse contains $10. Each package contains X red purses and Y black purses. If there are N packages (N ≥ 2) and the total value of them is $2021 and if each of X, Y, and N are positive integers, what is X+Y+N?​

Answers

If each of X, Y, and N are positive integers, then the value of X+Y+N is 212.1

What are system of inequalities?

A collection of inequalities for which we consider common solution for all inequalities is called a system of inequalities.

WE are given that A red purse contains $7, and a black purse contains $10. Each package contains X red purses and Y black purses.

X = 7

Y = 10

If there are N packages (N ≥ 2) and the total value of them is $2021

X + Y = One packages

N packages = N(X + Y ) = 10 N

if each of X, Y, and N are positive integers, then;

10 N = 2021

N = 2021/10

N = 202.1

Therefore, X+Y+N = 10 + 202.1 = 212.1

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the measures of ABD is (0.2x+52) and the measures of CBD is (0.2x+42) find the value of x

Answers

The value of x in the triangle is determined as 45.

What is the value of x?

The value of x in the triangle is calculated by applying the following formula,.

The measure of angle ABD = 0.2x + 52

The measure of angle CBD = 0.2x + 42

From the diagram, we can set-up the following equations;

x + 16 = 0.2x + 52

Simplify the equation above, by collecting similar terms;

x - 0.2x = 52 - 16

0.8x = 36

Divide both sides of the equation by " 0.8 "

0.8x / 0.8 = 36/0.8

x = 45

Thus, the value of x in the triangle is calculated by equating the appropriate values to each other.

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the measures of ABD is (0.2x+52) and the measures of CBD is (0.2x+42) find the value of x

solve simultaneously 2x - y = - 10 and 3x + 2y = - 1

Answers

The solution to the system of equations is x = -3 and y = -4.

To solve the system of equations:

Equation 1: 2x - y = -10

Equation 2: 3x + 2y = -1

We can use the method of substitution or elimination to find the values of x and y.

Let's use the method of elimination:

Multiply Equation 1 by 2 to make the coefficients of y in both equations equal:

2(2x - y) = 2(-10)

4x - 2y = -20

Now, we can eliminate y by adding Equation 2 and the modified Equation 1:

(3x + 2y) + (4x - 2y) = -1 + (-20)

7x = -21

x = -3

Substitute the value of x into Equation 1 to solve for y:

2(-3) - y = -10

-6 - y = -10

y = -10 + 6

y = -4

Therefore, the solution to the system of equations is x = -3 and y = -4.

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A man gave 90000.00 to his two daughters Jane and Lydia, 75.00 was given to Lydia to pay her load. After sharing the money Lydia has twice as
much as Jane. How much did each received?​

Answers

Jane received $30025 and Lydia received $60000. Let's assume the amount of money that Jane received as x; then Lydia's share of the money will be twice the share of Jane.

We are to find out the share of each person. Here is the solution in steps:Suppose Jane's share was x dollars, and Lydia's share was y dollars.

Given that the total amount given to the two daughters was $90000. Also, given that Lydia paid off her $75, hence she got $75 less than Jane.

Therefore,  y = 2x - 75; this is because we are given that Lydia got twice the share of Jane, and also, she got $75 less than Jane. Hence, x + y = $90000, this is because the total sum of money shared is $90000.

Substituting y = 2x - 75 into x + y = $90000 gives x + (2x - 75) = $90000.

Simplifying, we have :3x = $90000 + 75 = $90075.

Dividing both sides by 3, we get:x = $30025. Hence, Jane's share is $30025 Lydia's share = 2x - 75 = 2($30025) - $75 = $60075 - $75 = $60000.

Therefore, Jane received $30025 and Lydia received $60000.

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what is the most effluence first step to isolate the variable term on one side of this equation -9x=-4x+5

Answers

The first step to isolate the variable term on one side of the equation -9x = -4x + 5 is to add 4x to both sides of the equation. This gives us -9x + 4x = 5. Next, we can simplify the left hand side to -5x to isolate the variable term on one side of the equation. The isolated variable term is -5x.

3⋅f(−4)−3⋅g(−2) = ?
Ayuda por favor

Answers

The value of the 3 × f( - 4 ) - 3 × g( - 2 ) is 40

Given the following expression 3 × f( - 4 ) - 3 × g( - 2 ), to find the required values, we can assume that;

f( - 4 ) = 15

g( - 2 ) = 5

Substitute the given parameters into the expression to have:

3 × f(- 4 ) - 3 × g(- 2) = 3 × 15 - 3 × 5

= 45 - 5

= 40

Hence the value of the 3 × f( - 4) - 3 × g( - 2) is 40

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If y= 44 when x=240, what is the value of y when x=84?

Answers

y = 15.4

i just found the scale factor between the two (5.4545) and divided 84 by that
15.4 , I think that would be the answer for ur question

determine which angles correspond with each side and the triangle below

determine which angles correspond with each side and the triangle below

Answers

Side KL goes with KJL

Side LJ goes with LKJ

SIde JK foes with JLK

The average temperature for a country during September 2013 was 58.1 degrees Farenheit. This is 5.6 degrees Farenheit above the 20th-century average temperature for September. What was the country's 20th-century average temperature for September

Answers

Answer:

52.5

Step-by-step explanation:

58.1 - 5.6= 52.5

write a recursive formula for the following sequence 25,43,61,79,97
F(1)= 25
F(n)= F (n-1) +18

Answers

Given:

The sequence is:

25,43,61,79,97

To find:

The recursive formula for the given sequence.

Solution:

We have,

25,43,61,79,97

Here, the first term is 25. Now, the differences between the two consecutive terms are:

\(43-25=18\)

\(61-43=18\)

\(79-61=18\)

\(97-79=18\)

The differences between the two consecutive terms is common, i.e., 18. So, the given sequence is an arithmetic sequence.

The recursive formula of an arithmetic sequence is:

\(F(n)=F(n-1)+d\)

Where, d is the common difference and F(1) is the first term.

Putting \(d=18\), we get

\(F(n)=F(n-1)+18\), where \(F(1)=25\).

Therefore, the required recursive formula is \(F(n)=F(n-1)+18\), where \(F(1)=25\).

Alexander is building an enclosure in the shape of a regular polygon. If the enclosure has a certain number of sides, n, and has exterior angles, each with a measure of 32.7 degrees, determine how many sides the garden has. 9 sides 10 sides 11 sides 12 sides

Answers

To calculate the measure of the external angles of a regular polygon, you have to divide 360º by the number of sides:

\(\angle\theta=\frac{360º}{n}\)

If the external angles have measure ∠θ=32.7º

Replace this measure in the expression and calculate for n

\(\begin{gathered} 32.7=\frac{360}{n} \\ 32.7n=360 \\ n=\frac{360}{32.7} \\ n=11.009 \end{gathered}\)

The regular polygon has 11 sides and is called hendecagon

3 Jack walk from Santa Clara to Polo Allo. Il took I hour 25 min to walk from Santa Clot to Los Altos. Than it took 25 minute of wal from los altos to Palo buto. He arrived in Palo alto at 2:45 P.M. of what time die Santa Clara ? he leave Santa clara​

Answers

The time Jack left Santa Clara is 1 : 55 pm

What is word problem?

A word problem in math is a math question written as one sentence or more. These statements are interpreted into mathematical equation or expression.

The time for Jack to walk to lose Altos is 25 min and he uses another 25mins to work to Palo alto.

Therefore, the total time he spent is

25mins + 25 mins = 50 mins

He arrived Palo at 2 :45 pm, therefore the time he left Santa Clare will be ;

2:45 pm = 14 :45

= 14:45 - 50mins

= 13:55

= 1 : 55pm

Therefore he left at 1:55 pm

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a=(v+w)(k-x), for x

I would appreciate it if you included the steps for solving it too!!!!

Answers

Step-by-step explanation:

\(a=(v+w)(k-x)\)

\((k - x) = \frac{a}{(v + w)} \)

\(x = k - \frac{a}{v + w} \)

\(x = \frac{kv + kw - a}{v + w} \)

Simplify: x^2-16/x-4 What does the given expression simplify to? What is the excluded value of x for the given expression?

Answers

Step-by-step explanation:

Difference of Squares: a² - b² = (a + b)(a - b)

(x² - 16) / (x - 4)

= [(x + 4)(x - 4)] / (x - 4)

= x + 4, where x =/= 4.

Answer:

1.    (x+4)

2.     4

Step-by-step explanation:

got right on edge

for a special fully discrete 20-year term insurance on (30): the death benefit is 1,000 during the first ten years and 2,000 during the next ten years.

Answers

The cost of the 20-year term insurance will be based on age, health, smoking, and other factors to determine the premium.

The cost of a special fully discrete 20-year term insurance on a 30-year-old would depend on a range of factors, including the insured's age, health, smoking status, and lifestyle. These factors would be used to calculate the risk of death during the 20-year term. The death benefit of 1,000 during the first ten years and 2,000 during the next ten years would also be taken into account when calculating the cost of the policy. Depending on the risk of death and the death benefits, the premium could vary significantly. For example, a 30-year-old in good health with no smoking history could pay less for the policy than a 30-year-old with a pre-existing condition and a smoking history. The premium could also be higher for individuals with riskier lifestyles. Ultimately, the cost of the 20-year term insurance will depend on the risk of death and the death benefit offered by the policy.

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1460.3 rounded to the nearest tenth

Answers

Answer:

1460

Step-by-step explanation:

Its just 1460 because 0 is below 5

1460.3 is already rounded to the tenth.

El cateto más largo de un triángulo rectángulo es 4m más largo que el cateto más corto. La hipotenusa es 8m más larga que el cateto más corto. Hallar las longitudes de los lados del triángulo.

Answers

The lengths of the sides of the triangle are as follows;

Short leg = 12 cm.

Longer leg = 16 cm.

Hypotenuse = 20 cm.

What is Pythagorean theorem?

In Euclidean geometry, Pythagorean's theorem is given by this mathematical expression:

a² + b² = c²

Where:

c represents the hypotenuse of a right-angled triangle.a represents the adjacent side (shorter leg) of a right-angled triangle.b represents the opposite side (longer leg) of a right-angled triangle.

Note: Let the variable x represent the smaller leg.

The hypotenuse is 8 cm longer than the longer leg: x + 8 = x + 8.

Substituting the given parameters into the Pythagorean's theorem formula, we have the following;

c² = a² + b²

(x + 8)² = x² + (x + 4)²

x² + 16x + 64 = x² + x² + 8x + 16

x² - 8x - 128 = 0

Adjacent leg, x = 12.

For the hypotenuse, we have:

Hypotenuse, c = x + 8

Hypotenuse, c = 12 + 8

Hypotenuse, c = 20 cm.

For opposite side, we have:

opposite side, b = 12 + 4

opposite side, b = 16 cm.

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Complete Question:

The shorter leg of a right triangle is 4 cm shorter than the longer leg. The hypotenuse is 8 cm longer than the longer leg. Find the lengths of the sides of the triangle.

When do lunar eclipses occur?

Answers

Step-by-step explanation:

Lunar eclipses can only happen when the Moon is opposite the Sun in the sky, a monthly occurrence we know as a full Moon.

A monthly occurrence

Find the length of the segment with the endpoints (3,-8) and (5,-2).

Answers

THE ANSWER: 6.3246 (the picture explains how to do it)
Find the length of the segment with the endpoints (3,-8) and (5,-2).

Mark earns a weekly salary of $150 PLUS a commission of 9% of his sales. If his sales were $2600, what was his gross pay? $23550 $384 $234 $2490

Answers

Answer:

fiewjfilewjfiwj

Step-by-step explanation:

kjkejfke

please help thank you..

please help thank you..

Answers

Answer=30
Equation of the volume for a pyramid is
V=l•w•h all divided by 3
the l•w is the base, so multiply 10 and 9
you get 90/3
divide and the answer is 30
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