Rich also has £400 pounds invest 3% compound interest . How many years does he need to invest the money to get at least £475

Answers

Answer 1

Answer: 6 years

Step-by-step explanation:

Formula to calculate compound amount: [tex]A=P(1+r)^t[/tex], where P= Principal , r=rate of interest, t= time

Given: P = £400, r = 3% = 0.03 , A= 475

Required equation: [tex]400(1+0.03)^t\geq475[/tex]

[tex]400(1.03)^t\geq475\\\\\Rightarrow\ (1.03)^t\geq\dfrac{475}{400}\\\\\Rightarrow\ (1.03)^t\geq1.1875[/tex]

Taking log on both sides , we get

[tex]t \log 1.03\geq\log1.1875\\\\\Rightarrow\ t(0.0128372)\geq(0.0746336)\\\\\Rightarrow\ t\geq\dfrac{0.0746336}{0.0128372}=5.81385\approx6[/tex]

Hence, he needs to invest the money for 6 years to get atleast £475.


Related Questions

The Empire State Building in New York City is 1,454 feet tall. The observatory on the 86th floor is 404 feet from the top of the building. How high is the observatory above the ground?

Answers

Answer:

1,050 ft

Step-by-step explanation:

PLEASE HELPPPPPP!!!!!!!!!!!!!!!!!!!!!​

Answers

Answer:

B is the correct answer for this

Answer:

Step-by-step explanation:

it's c

_____% of 145 = 75
48.3%
193.3%
76.5%
51.7%

Answers

Answer:

51.7%

Step-by-step explanation:  

P x 145 = 75

P = 75 / 145

P = .5172

P = 51.7%

Have a nice day! <3

Jessie served 15 pints of orange juice at her party. How many quarts and pints (pints=remainder) of orange juice did she serve?

Answers

Answer:

7 quarts and 1 pint

Step-by-step explanation:

2 pints is equal to a quart

15 pints divided by 2 is 7r1

7 is equal to 7 quarts and r1 is equal to 1 pint.

HELP!PLS ANSWER THIS BY TODAY AND TMR
Write a story to represent 15 divided by 19 solve the equation in a complete story
Next when your done what multiplication equation shows that your division is correct
Pls answer this I will give a brainly to the best!

Answers

It equals 0.7894737 that’s the answer

To find the area of a triangle, you can use the expression b × h ÷ 2, where b is the base of the triangle and h is its height. What is the area of a triangle with a base of 2 and a height of 8?


The area of the triangle is....?

Answers

Answer:

c² √a²+b²

Step-by-step explanation:

use that formula

PLEASE HELP, I need this test done and something not failed. I dont understand.

Answers

Answer:

XVW and WVT

Step-by-step explanation:

Two angles are supplementary angles when the sum of their measures is equaled to 180 degrees.

180 degrees = a line.

YVZ and WVU are Vertical Angles

YVZ and ZVT are not straight lines together.

XVW and WVU are on the same straight line but you have to add UVT in order to get 180.  

XVW and WVT are the only ones that look like they can add up to 180 degrees.

XVW and WVT should be the answer, I really hope this helps!

Help me find the slope of the line

Answers

Answer:

i think is 2 but i am not sure

Answer:

1/2

Step-by-step explanation:

This is tough because you don’t know the numbers on the side graph, but i’m assuming it’s 1 each.

Find where the line is on a point. Since slope is Rise over run. Go up 1 and sideways 2.

f(x)=6^x for x=2 help please

Answers

9514 1404 393

Answer:

  f(2) = 36

Step-by-step explanation:

Put 2 where x is and do the arithmetic.

  f(2) = 6^2

An exponent of 2 means 6 is a factor two times.

  f(2) = 6×6

  f(2) = 36

Answer:

36

Step-by-step explanation:

To evaluate f(x) = 6^x at x = 2, substitute 2 for x:

f(2) = 6^2 = 36

What is the value of -2 1/6 -1 1/4 + 1 3/4

a. -1 2/3
b. -1 1/3
c. 2 1/3
d. 2 2/3

Answers

answer: a.) -1 2/3
explanation: -2 1/6 - 1 1/4= -13/6 - 5/4= -41/12 ; 1 3/4= 7/4 ; -41/12 + 7/4= -5/3 ; -5/3= -1 2/3

PLEASE HELP ASAP I can’t fail this

Answers

Answer:

-5,5

5,5

Step-by-step explanation:

what is the answer?

Answers

Answer:

Step-by-step explanation:

4/5x<=2

x is less than or equal to 2.5

PLZ HELP ITS ALL MY POINTS

Answers

Answer:

30 cm

Step-by-step explanation:

Sorry if im wrong

Assume that lines that appear to be tangent are tangent. O is the center of the circle. What is the value of x?

Answers

9514 1404 393

Answer:

  x = 20, or 125

Step-by-step explanation:

We cannot tell the angle x is intended to refer to. So, here are two answers. Choose the one you think applies.

__

The triangle that includes both marked angles is a right triangle. (The tangent meets the circle at right angles to the radius.) So, the angle x° at the external point is the complement of the marked central angle.

  x° = 90° -70°

  x = 20

__

If x° is referring to the exterior angle associated with the isosceles triangle within the circle, then its measure is the supplement of the interior base angle of that triangle. It is ...

  x° = 180° -(180° -70°)/2 = 90° +70°/2

  x = 125

what is the definition of the word PER?​

Answers

Answer:

for each, by means of.

Step-by-step explanation:

For each

Or

By means of

solve by substitute. 9y+8=x. -2x+8y=-36​

Answers

Answer:

Let's solve for x.

9y+8=x

Step 1: Flip the equation.

x=9y+8

Answer:

x=9y+8

Let's solve for x.

−2x+8y=−36

Step 1: Add -8y to both sides.

−2x + 8y + −8y = −36 + −8y

−2x = −8y − 36

Step 2: Divide both sides by -2.

−2x  / −2  =  −8y − 36  / −2

x=4y + 18

Answer:

x=4y + 18

Hope it helps

Please mark me as the brainliest

Thank you

Answer:

(26, 2)

x = 26

y = 2

Step-by-step explanation:

Given:

9y + 8 = x

-2x + 8y = -36

Substitute (9y + 8) for x in the second equation.

-2(9y + 8) + 8y = -36

Then distribute and solve.

-18y + (-16) + 8y = -36

Combine like terms.

-10y - 16 = -36

-10y = -20

y = 2

Solve for x by substituting the y value (2) into 9y + 8 = x.

9(2) + 8 = x

18 + 8 = x

x = 26

Therefore, the solution is (26, 2) in terms of (x, y).

5.-Exprese como fracciones ,lo siguiente: a) Los 4 meses del año b) Un día de la semana c) Las tres provincias de la región Costa ecuatoriana

Answers

Answer:

Step-by-step explanation:

Expresar lo siguiente como fracciones.

a) Los 4 meses del año

Hay 12 meses en un año. Entonces, la fracción de 4 meses de 12 meses en un año es:

= 4/12

= 1/3

b) Un día de la semana

Hay 7 días en una semana.

Así, la fracción de 1 día en una semana será:

= 1/7

c) Las tres provincias de la región Costa ecuatoriana

En la región de la Costa Ecuatoriana, hay cinco provincias presentes.

Ahora, la fracción de tres provincias del total de cinco provincias de la región de la Costa Ecuatoriana será:

= 3/5

mickel and 4 friend bought a total of 95 raffle tickets if the ticket were dived equaly among themselves how many tickets did each person get?

Answers

Answer:

19

Step-by-step explanation:

5 people in total, divide equally from 95

Answer:

Step-by-step explanation:

95/4=23.75

Round 23.75 --> 24.00 raffle tickets each.

6th grade math

help on numbers 4 5 6 plz help

Answers

Answer:

4) 6 students

5) 7 fewer students

6) No, you can not tell from the frequency table how many students ran a mile in exactly 12 minutes.

Step-by-step explanation:

4) you’d look at the row from 8:00-8:59.

5) Add the first two rows together (6+2=8), then subtract that by the sum of  the last two rows (9+6=15), which is 7

6) There’s no pattern in the frequency table, and the data points would be plotted differently since it’d be from a range of times, not one set time.

Hope this helped, sorry if I’m wrong on #6 ;)

4. 8 students

5. 1 fewer student

6. Approximately 0.15 students

i need help can somebody help me thank you

Answers

Where’s the question?

The school that Mary goes to is selling tickets to a fall musical. On the first day of ticket sales
the school sold 14 adult tickets and 12 child tickets for a total of $260. The school took in $210
on the second day by selling 7 adult tickets and 14 child tickets. What is the price each of one
adult ticket and one child ticket?
A) adult ticket: $9, child ticket: $14 B) adult ticket: S10, child ticket: $10
C) adult ticket: $14, child ticket: $12 D) adult ticket: $7, child ticket: $13

Answers

Answer:

c would be the answer

Step-by-step explanation:

At a party there were 4 boys and 4 girls. Boys only danced with girls and girls only danced with boys. At the end of the evening each person was asked how many people they had danced with. The boys gave the answers 3, 1, 2, 2 and three of the girls answered 2. Which answer did the fourth girl give?

Answers

The 4th girls answer was 2

The fourth girl danced with two of boys.

What is Equation?

Two or more expressions with an Equal sign is called as Equation.

Given,

At a party there were 4 boys and 4 girls.

Boys only danced with girls and girls only danced with boys.

In boys, first boys dance with  3 girls

Second boy danced with one girl

Third boy danced with two girls

Fourth boy danced with two girls

3+1+2+2=8

When comes to four girls, three girls said they danced with two boys.

We need to find with how many boys fourth girl danced.

2+2+2+x=8

x+6=8

x=2

Hence, the fourth girl danced with two of boys.

To learn more on Equation:

https://brainly.com/question/10413253

#SPJ2

help pls, Factor 25x-10xy i hop this is easy for you

Answers

Answer:

5x(5-2y)

Step-by-step explanation:

If this helped hen consider making my answer brainliest

If the scale factor between a scale drawing of a rectangle and the real object is 1:3 what would be the ratio of the areas?

Answers

Answer:

The ratio of the areas will be will be 1 : 9

Step-by-step explanation:

The linear scale factor represents a ratio that is used to multiply the dimensions of objects so that accurate geometries can be transferred between real-life and paper.

The linear scale factor is quite different from the area scale factor but related to it in the following way:

The area factor can be obtained by squaring the linear scale factor.

This is Area factor = (Linear scale factor) ^2.

Linear scale factor = (1:3)

Area factor = [tex]1^2 : 3^2[/tex]

Area factor will be 1: 9

Thus, when the linear scale factor is 1:3 the area factor will be 1 : 9

Find the total surface area of this triangular prism.
30 cm
18 cm
7 cm
24 cm

Answers

Answer:

696 cm because

A tepee has a circular floor with a radius of 3 meters. What is the floor's diameter?

Answers

Answer:

6 meters

Step-by-step explanation:

To find diameter if you have radius, multiply the radius by 2. In this case 3 x 2.

Hope it helps!

Step-by-step explanation:

how do i delete this? TwT

A bridge is 3911.1 meters long. Which of the following best describes the length of the bridge in kilometers?

Answers

Answer:

3.9111 km

Explanation:

The length in kilometers is equal to the meters divided by 1,000. So, if you divide 3911.1 by 1,000 that equals 3.911. You move the decimal point to the left 3 times based on the number of zeros.

4
Write the equation of the line in slope-intercept form given the following:
Slope 3, yintercept (0,8)
5
Write the equation of the line in point-slope form given the following:
Point : (-5,2), Slope : -3
1
Show Your Work

Answers

Answer:

 \bold{\text{Slope (m)}=\dfrac{1}{4}}Slope (m)=41

Step-by-step explanation:

A linear equation is of the form: y = mx + b   where

m is the slope

b is the y-intercept (where it crosses the y-axis)

x + 4y = 16

     4y = -x + 16

       y = -\dfrac{1}{4}x+\dfrac{16}{4}y=−41x+416

       y=-\dfrac{1}{4}x+4y=−41x+4

The y-intercept (b) = 4

Next, find the slope given point (4, 5) and b = 4

\begin{gathered}y=mx+b\\\\5=m(4)+4\\\\1=4m\\\\\dfrac{1}{4}=m\\\\\\\\\large\boxed{Slope (m)=\dfrac{1}{4}}\end{gathered}y=mx+b5=m(4)+41=4m41=mSlope(m)=41

12. The tomb of Gunbad-Kabud in Maragheh, Iran is the shape of a decagonal tower and has a side length of approximately 8 feet. Determine the distance from the center of the tomb to the outside wall.

Answers

Answer:

The distance would be 12.31073415. Rounded, 12.31

Step-by-step explanation:

First off, we know a decagon has 10 sides. Secondly, it is given that the total side length is 8 feet- split in half it's 4 and 4 (this will come into play in the formula). Next, we want to find the angle measure of one of the isosceles triangles. Thus, do 360/10 which gives 36. Then do 36/2 which equals 18. This is the angle measure we need. Now that we have the necessary information, we can set up the formula. Following SOHCAHTOA, we can see that we need to use the tangent to find the apothem since our opposite side length of 4 is given. Set up the equation like so: tan18 = 4/a. When plugged in and solved, the answer of 12.31073415 is received.

I hope that helped!

A sweater is on sale for 12% off. The sale price is $44.00. What is the original amount of the sweater?

Answers

Answer:  50 dollars

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

Work Shown:

x = original price

y = sale price

d = discount = amount saved

d = 12% of x = 0.12x

y = x - d = x - 0.12x = 0.88x

Note how 0.88 = 88%, and this represents the percentage you have to pay if you get 12% off.

We're told the sale price is y = 44, so this leads to...

y = 0.88x

44 = 0.88x

0.88x = 44

x = 44/0.88

x = 50

The original price was $50

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

Check:

If the original price was $50, then the amount you save is 0.12*50 = 6 dollars, which is the discount.

The sale price is 50-6 = 44 dollars which matches up with what your teacher gave you. The answer is confirmed.

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