In what time will $1000 amount to $1331 at 10% per annum, compounded annually?​

Answers

Answer 1
The time is 3 years


Step by step explanation:
Answer 2
Answer:

3 Years

Step-by-step explanation:

Compound interest is a multiplier that affects the new value each time.

If the compound interest is 10% per annum, the multiplier each year is 1.1.

Year 1: $1000 * 1.1 = $1100

Year 2: $1100* 1.1 = $1210

Year 3: $1210* 1.1 = $1331

This means that it will take 3 years for $1000 to amount to $1331 at 10% per annum.

Alternatively, you can use a logarithm. The calculation can be written as:

1000 * [tex]1.1^n[/tex] = 1331, where n is the number of years.

Rearranged, this gives [tex]1.1^n[/tex] = 1331/1000 or [tex]1.1^n[/tex] = 1.331.

A logarithm can work out the value of n, and is written in the form log1.1(1.331), which gives a value of 3.


Related Questions

Mrs. sanders is bringing colored marshmallows to school so her students can do a graphing experiment. she has 25 students. if she gives each student 1/2 cup of marshmallows , how many cups of marshmallows will she need to bring to class?

Answers

Answer:

25 x 1/2 = 12.5

12 1/2 cups

pls help i need it.

You are the Parish Youth Ministry treasurer Every year your organization conducts a fundraising activity to help the poor school-children in your parish. This year, your organization aimed to help 500 school-children by providing them school supplies. You have been tasked by the Parish Priest to lead this year's fundraising activity. Together with your co-officers, you go to Divisoria which is known to be the place where the cheapest prices for school supplies can be found. Here is the list of the items that you need and their prices. what is the total amount of this price per item? make a clear and accurate computation of the trial amount needed to buy all the school supplies that you need. present it to the praish priest who will approve budget. guide questions:
1. how much money does your organization need for this project?
2. if you already have a an existing fund of php 1,200.00, do you still need to raise a fund or not? why?
3. are you also a member/officer of an organization in your parish? if yes, write one among your remarkable experience for being a member of the organization. ​

Answers

Step-by-step explanation:

each child gets a certain amount of items costing the specified price by item.

so, we need to multiply the number of children with the number of items with the price per item to get the total cost.

500×3×3.5 for pencils = 5,250

500×5×7.5 for notebooks = 18,750

500×1×21.75 for crayons = 10,875

500×2×9.26 for pad paper = 9,260

total 44,135

since we have only 1,200 available in the existing fund, we need a new one to cover the remaining

44,135 - 1,200 = 42,935

There are 13 pieces of chicken at the dinner table. After dinner, only 3 pieces are left. How many pieces were eaten at dinner?

16
8
7
10

Answers

Answer:

10

Step-by-step explanation:

13 pieses - 3 pieces = 10 pieces that are eaten

Answer:

10

Step-by-step explanation:

Find the equation of this line.

Answers

y=3/4x+1/4

I hope this helped :)

Answer:

Step-by-step explanation:

two points on the line are (-3,-2) and (5,4)

slope=(4-(-2))/(5-(-3)=(4+2)/(5+3)=6/8=3/4

eq. of line is

y+2=3/4(x+3)

4y+8=3x+9

4y=3x+9-8

4y=3x+1

y=3/4 x+1/4

15 mm
4. You are decorating the Red Cross logo
shown for a float in a parade.
a) The Red Cross logo consists of 5 congruent
squares. Find the area of the Red Cross logo.
+
b) You estimate that on average a red carnation
will cover 2 square inches and a red rose will cover
3 square inches. How many roses do you need to
cover the logo on the float?
36 in
c) You are on a budget. Carnations cost $1.00 and
roses cost $1.50. Should you cover the logo with
carnations or roses? Justify your answer.

Answers

Does it have to be a certain length

Expand the function.
f(x) = (2x + 3)4

Answers

Answer:

y = 8x + 12

Step-by-step explanation:

y = (2x + 3)4

Distribute the 4 to the 2x  and 3

y = 8x + 12

^ Expanded form

In 9 minutes, Teresa can type 72 words. What is her rate in words per minute?

Answers

Answer:

8 words per min

Step-by-step explanation:

72 words = 9 minutes
72/9 words = 9/9 minutes
8 words = 1 minute

A flight from Boston to London took only 5 hours because of a strong tailwind. The flight back to Boston against the same wind took 6 hours. What was the speed of the wind if the speed of the plane in still air is 550 mph?

Answers

Step-by-step explanation:

let v is the speed of the wind,

the equation of the speed:

(550 + v ) × 5 = (550 - v) × 6

2750 +5v = 3300 - 6v

11v = 3300 - 2750

11v = 550

v = 550/11

v = 50

therefore, the speed of the wind =

50 mph

Step-by-step explanation:

v = speed of the wind

5(550 + v) = 6(550 - v)

2.750 + 5v = 3.330 - 6v

5v + 6v = 3.300 - 2.750

11v = 550

v = 550 ÷ 11

v = 50mph

which letter onthe diagram below represents a diameter of the circle.​

Answers

So sorry. I wish I could answer this, but I do not see a diagram.

Please take a look at the picture

Answers

Answer:

B) [tex]-\frac{a}{-b}[/tex]

Step-by-step explanation:

The value [tex]-\frac{-a}{b}[/tex] is the same as [tex]\frac{a}{b}[/tex] since the negatives cancel out to make a positive.

Option A is incorrect since the overall value of the term would be negative. Option B however is correct since there will not be a negative value in the denominator of a fraction and thus it cancels out with the negative in front of the fraction to produce the value of [tex]\frac{a}{b}[/tex] which is the same as the expression given in the question, thus it is option B.

B is the answer to this question.

a. What is the probability that this couple spends 45 dollars or more?

b. Suppose that the restaurant is currently running a promotion with a 10% discount if the total amount spent by a table is 45 dollars or more. What is expected total amount the couple actually has to pay?

Answers

Using the probability table, it is found that:

a) There is a 0.25 = 25% probability that this couple spends 45 dollars or more.  b) The expected amount the couple actually has to pay is $36.85.

Item a:

To find the probabilities involving the total cost, we have to add the variables X and Y from the table, then:

[tex]P(X = 30) = P(X = 15|Y = 15) = 0.2[/tex]

[tex]P(X = 35) = P(X = 15|Y = 20) + P(X = 20|Y = 15) = 0.15 + 0.15 = 0.3[/tex]

[tex]P(X = 40) = P(X = 15|Y = 25) + P(X = 20|Y = 20) + P(X = 25|Y = 15) = 0.05 + 0.15 + 0.05 = 0.25[/tex]

[tex]P(X = 45) = P(X = 20|Y = 25) + P(X = 25|Y = 20) = 0.1 + 0.1 = 0.2[/tex]

[tex]P(X = 50) = P(X = 25|Y = 25) = 0.05[/tex]

The probability involving values of 45 or more is:

[tex]P(X \geq 45) = P(X = 45) + P(X = 50) = 0.2 + 0.05 = 0.25[/tex]

0.25 = 25% probability that this couple spends 45 dollars or more.

Item b:

For a discrete distribution, the expected value is the sum of each outcome multiplied by it's respective probability, hence, involving the 10% discount for prices above $45:

[tex]E(X) = 0.2(30) + 0.3(35) + 0.25(40) + 0.9[0.2(45) + 0.05(50)] = 36.85[/tex]

The expected amount the couple actually has to pay is $36.85

A similar problem is given at https://brainly.com/question/25782059

Hello Good morning/evening/afternoon !
Pls Help ?!

Answers

Answer: y = 3/5x + 6

Step-by-step explanation: Slope intercept form is y = mx + b

We must convert your problem into this.

3x - 5y = -30

-5y = -30 - 3x

-5y = -3x - 30

y = (-3x - 30)/-5

y = 3/5x + 6

Would appreciate brainly <3

(X-2)(5x+6)

Multiply using Distributive property

Answers

[tex](x-2)(5x+6)\\\\=x(5x+6) -2(5x+6)\\\\= 5x^2 +6x -10x -12 \\\\=5x^2 -4x-12[/tex]

5x-10x+6x-12

-`9x-12

i believe so

Find the value of x that makes the equation true.

2 = -x

Answers

9514 1404 393

Answer:

  x = -2

Step-by-step explanation:

Multiply both sides of the equation by -1.

  (-1)(2) = (-1)(-x)

  -2 = x

The value of x that makes the equation true is x = -2.

X:-2 is the answer.

amy is building a house. the basement floor is at -15 feet, The roof of the house is above the ground 25 feet. Write an inequality to compare the heights.

Answers

Answer:

25/15

Step-by-step explanation:

12x3y2z3 - 8x2y2z2 + 20xy2z3

Answers

The answer is 24x+2y+2z+4.

HELP ME OUT PLEASE!!!​

Answers

Answer:

I think it is the second one.

Step-by-step explanation:

It might be right.

Hope this helps! :)

WILL MARK BRAINLIEST AND GIVE 75 POINTS!!!

Summer is thinking about buying a car for $45,000. The table below shows the projected value of two different cars for three years.
Number of years 1 2 3
Car 1 (value in dollars) 40,500 36,450 32,805
Car 2 (value in dollars) 42,000 39,000 36,000

Part A: What type of function, linear or exponential, can be used to describe the value of each of the cars after a fixed number of years? Explain your answer. (2 points)

Part B: Write one function for each car to describe the value of the car f(x), in dollars, after x years. (4 points)

Part C: Summer wants to purchase a car that would have the greatest value in 13 years. Will there be any significant difference in the value of either car after 13 years? Explain your answer, and show the value of each car after 13 years. (4 points)

Answers

Answer:

  A) 1: exponential; 2: linear

  B) 1: f(x) = 45000·0.9^x; 2: f(x) = -3000x+45000

  C) The difference is significant. 1: $11,348; 2: $6,000

Step-by-step explanation:

Part A

The values for Car 1 have a common ratio of 40500/45000 = 0.9. An exponential function is used to describe a sequence where the terms have a common ratio.

The values for Car 2 have a common difference of 42000-45000 = -3000. A linear function is used to describe a sequence where the terms have a common difference.

__

Part B

An exponential function can be written as ...

  f(x) = (initial value)·(common ratio)^x

A linear function can be written as ...

  f(x) = (common difference)x + (initial value)

The functions are ...

  Car 1: f(x) = 45000·0.9^x

  Car 2: f(x) = -3000x +45000

___

Part C

The formulas for the different car values after 13 years give ...

 Car 1: f(13) = 45000·0.9^13 ≈ 11,348

  Car 2: f(13) = -3000(13) +45000 = 6,000

The value of Car 1 will be almost double the value of Car 2 after 13 years. Yes the difference in value is significant.

solve pls brainliest

Answers

Answered this on your other question
im.not smart on math lol

find the area of a circle when the radius is 10cm. Take the value of pi as 3.14​

Answers

Answer:

314.16 cm squared

Step-by-step explanation:

Lara made the table below of the predicted values for h(t), the height, in meters, of a penny t seconds after it is dropped off of the back of the bleachers.

A 2-column table with 9 rows titled Height of Penny over Time. The first column is labeled t with entries 0, 0.1, 0.2, 0.3, 0.4, 0.5, 0.6, 0.7, 0.8. The second column is labeled h(t) with entries 2, 1.951, 1.804, 1.559, 1.216, 0.775, 0.236, negative 0.401, negative 1.136.
To the nearest tenth of a second, how much time would it take the penny to hit the ground?

0.5 seconds
0.6 seconds
0.7 seconds
0.8 seconds

Answers

Answer:

Step-by-step explanation:

as the chart is broken into steps with the same precision we're looking for. Just choose the one where height is closest to zero or 0.6 s

To do it mathematically

The equation is

h = 2 - ½gt²

to find g, plug in a time and height

0.236 = 2 - ½g(0.6²)

g = 9.8 m/s

check another one just to be sure

1.559 = 2 - ½(9.8)0.3²

1.559 = 1.559

now plug in zero elevation with an unknown time

0 = 2 - ½(9.8)(t²)

-2 = - ½(9.8)(t²)

t² = 4/9.8

t = 0.6388765...

t = 0.6 s

The time it takes for the penny to hit the ground is about 0.6 seconds.

Option B is the correct answer.

What is an equation of a line?

The equation of a line is given by:

y = mx + c

where m is the slope of the line and c is the y-intercept.

Example:

The slope of the line y = 2x + 3 is 2.

The slope of a line that passes through (1, 2) and (2, 3) is 1.

We have,

To determine the time it takes for the penny to hit the ground, we need to find the point where the height of the penny is equal to zero.

Looking at the table,

We can see that the height of the penny is negative when t = 0.7 and becomes more negative for larger values of t.

So the penny must hit the ground between t = 0.6 and t = 0.7 seconds.

Now,

We can use linear interpolation to estimate the time at which the height of the penny is zero by finding the equation of the line that passes through the two points closest to zero on the table, namely (0.6, 0.775) and (0.7, -0.401).

So,

The slope of the line passing through these points.

= (change in height) / (change in time)

= (-0.401 - 0.775) / (0.7 - 0.6)

= -1.176

The equation of the line passing through these points.

y - 0.775 = -1.176(x - 0.6)

Simplifying

y = -1.176x + 1.438

Setting y to zero and solving for x.

0 = -1.176x + 1.438

x = 1.438 / 1.176

x ≈ 1.22

Therefore,

To the nearest tenth of a second, the time it takes for the penny to hit the ground is about 0.6 seconds.

Learn more about equation of a line here:

https://brainly.com/question/23087740

#SPJ7

Solve for B -(12 x 2) x (-6) = -12 x (2 x b)
A. -6
B. 6
C. -12
D. 12

Answers

Answer:

Option A

Step-by-step explanation:

-(12 x 2) x (-6) = -12 x (2 x b)

=> -24 x -6 = -12 x 2b

=> 144 = -24b

=> b = -6

Hoped this helped.

Use the GCF and the distributive property to find each sum 15 + 57

Answers

Answer:

(3*5)+(19*3)

Step-by-step explanation:

both numbers GCF is 3.

(3*5)=15

(19*3)=57

15+57=72

Hope that helps

The picture below shows the graph of which inequality?

Answers

Answer A is correct.

Step-by-step explanation:

Negative one is less than one.

1/4 of students in a class play a musical instrument of those students 2/5 also speak a second language. What fraction of the whole class plays a musical instrument and speak a second language

Answers

Answer:

Step-by-step explanation:

Say the class has 20 students

20(1/4) = 5 play instruments

5(2/5) = 2 speak a second language

2 / 20 = 1/10

Solve the equation: c + -22 = 16

Answers

Answer:

c=38

Step-by-step explanation:

Answer:

c = 38

Step-by-step explanation:

c+(-22) = 16c-22 = 16c = 16+22c = 38

if you get it right ill mark brainliest​

Answers

Answer:

Step-by-step explanation:

? i cant see what the page is

Are the following polynomial sets open or closed?

6. (x ^ 2 + x - 4) - (x ^ 2 + x + 8)
7. (2 - x)(1 + 3x)
8. (5b - 3c)(7b - 3c)

Answers

Answer:

All closed.

Addition, subtraction as well as multiplication of polynomials result into another polynomial. Therefore, the set of polynomials is closed under addition, subtraction and multiplication.

Open polynomial set is (x² + x - 4) - (x² + x + 8)

Closed polynomial sets are (2 - x)(1 + 3x) and (5b - 3c)(7b - 3c)

What is polynomial?

A polynomial is an expression consisting of variables and their coefficients, operations of addition, subtraction, multiplication, and positive-integer powers of variables are involved in polynomial. If the result of a polynomial set applying different operations is polynomial then it is closed under that operation.

Given, polynomial sets

(x² + x - 4) - (x² + x + 8)

Applying subtraction operation

x² + x - 4 - x² - x - 8

Subtracting like terms

-12

The result is integer, it is open polynomial set

(2 - x)(1 + 3x)

Applying multiplication operation

2 - x - x - 3x²

= 2 - 2x - 3x²

The result is polynomial, it is closed polynomial set

(5b - 3c)(7b - 3c)

Applying multiplication operation

35b² - 15bc - 21bc + 9c²

= 35b² - 36bc + 9c²

The result is polynomial, it is closed polynomial set

Hence, (x² + x - 4) - (x² + x + 8) is an open polynomial set

(2 - x)(1 + 3x) and (5b - 3c)(7b - 3c) are closed polynomial sets.

Learn more about polynomials here:

https://brainly.com/question/11536910

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4.
Which of the following equations has
both -1 and 4 as solutions?
A) x²+4x+4 B) x2-4x+3
C) x2-3x-4 D) x2+3x-4

Answers

b and d i think i just did it in my head!

the price of 10 chairs is equal to that of 4 tables. the price of 15 chairs and two tables together is 4000$ the total price ( in $) of a chair and table is?​

Answers

Answer:

  $700 for a chair and a table

Step-by-step explanation:

Let t and c represent the price of a table and a chair, respectively. The given relations are ...

  10c = 4t

  15c +2t = $4000

Divide the first equation by 2 and substitute for 2t:

  5c = 2t

  15c +5c = $4000

  20c = $4000

  c = $200

  t = 5c/2 = 5($200)/2 = $500

The total price of a chair and a table is ...

  $200 +500 = $700 . . . . price of a chair and a table

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