tateeanacrayton18 tateeanacrayton18

27-04-2019
Mathematics

contestada

A person invest $2,940 in an account tgat earns 4.1% annual intrest. Find when the value of the investment reaches 5,000. If necessary round to the nearest tenth

Respuesta :

smileyhero smileyhero

27-04-2019

Answer:

13.22

Step-by-step explanation:

were solving for t and we know:

a(t)=p(1+(r/n))^nt

5000=a-the total

2940=p-the starting amount

.041=r-the rate

1=n-compound (annual)

plug this into a graph :

5000=2940(1+(.041/1))^x

and you get : 13.22

Answer Link

Otras preguntas

Please help me with the first question!

Rachel is having chocolate cake for dessert. The cake is 12 inches in diameter and she plans to cut it into 12 pieces. What is the area of each slice of Rachel'

PLS HELP ME WILL GIVE 100 PONITS: construct an argument that plants have internal and external structures that support growth and reproduction. Follow each ste

Kayla wrote the following sentence but forgot to insert a colon. There is one actor who is better than all the rest Tom Hanks. Which sentence correctly places t

Mario invests $1,500 in a savings account that earns 2% interest a year. He also plans to set aside $50 cash a month. x = number of years Savings account: f(x)

how to build 6 individual atoms?

which one of correct Demand is A the amount people are willing to buy B the amount people are able to buy C the amount people are willing and able to buy D

You are reviewing the vision exam benefits for Antwan Bergman. He presented for an eye exam stating he needed new glasses. He had an examination 13 months prior

How would you describe the graph for the equation |x| <4? a.) An open circle on 4 with a solid line drawn to an open circle on -4. b.) A closed circle on 4 w

6. A cube of side 10 cm is melted down and made into ten identical spheres. Calculate the surface area of one of the spheres.