At 3% annual interest compounded monthly, how long will it take to double your money?​

Answers

Answer 1

Answer:

If your money is in a savings account earning 3% a year, it will take around 24 years.


Related Questions

Is the answer a, b, c, or d?? Please help!!

Answers

I believe the answer would be C, tell me if I'm wrong.

Damita says the equations 0.8x - 0.8 = 1.6 and 4/5 ( x - 1 ) = 1 (3/5) are the same. How can she show this without solving the equations?

Answers

To show that the equations are the same, we need to rewrite one of the equations as an equivalent equation of the second

Damita's claim is true

How to show the equations are the same

The equations are given as:

0.8x - 0.8 = 1.6

4/5 ( x - 1 ) = 1 (3/5)

We need to rewrite one of the equations, as follows:

4/5 ( x - 1 ) = 1 (3/5)

Express as decimal

0.8 ( x - 1 ) = 1 + 0.6

Open the brackets

0.8x - 0.8 = 1.6

Now we have:

0.8x - 0.8 = 1.6 (the first equation) and 0.8x - 0.8 = 1.6 (the equivalent of the second equation)

The above shows that both equations are the same

Read more about equivalent equations at:

https://brainly.com/question/2972832

This morning Sam walked 4 km in 50 minutes at what rate did Sam walk use the formula R equals DT where are is in the right D is the distance and T is the time i will give brainlyist ​

Answers

Answer:

I'm pretty sure it's 0.08 km/minute

Step-by-step explanation:

r=4/50

4/50=0.08


find X in the given figure ​

Answers

X = 72. Hope that this helps ;)

Answer:

72 degrees

Step-by-step explanation:

a basketball player made some shots worth two points and the rest were three points. If she made 16 shots for a total of 38 points, how many of each type did she make?


PLEASE HELP ME I WILL GIVE 95 POINTS AND BRAINLIEST FOR CORRECT ANSWER

Answers

Answer:

10 two-pointers, 6 three-pointers

Step-by-step explanation:

10 two-pointers, 6 three-pointers

10 shots * 2 points = 20 points

6 shots * 3 points = 18 points

20 + 18 = 38 points

Answer for brainliest d:

1)7-1/4
2)3-3/7
3)1/3+1/2
4)4/5+1/3

Answers

Answer:

1)6 3/4

2)2 4/7

3)5/6

4)1 2/15

Step-by-step explanation:

Question 8! Need help please

Answers

The answer to your question it’s going to be “Saving account” or “Certificate of deposit”. This question is actually pretty confusing. But one to those two is your correct answer.

Find the value of x.
115
x
95
70

Answers

Answer:

x° = 80°

Step-by-step explanation:

[tex] {x}^{o} + {115}^{o} + {95}^{o} + {70}^{o} = {360}^{o} \\ [/tex]

(The measure of the interior angle of a square is 90°)

[tex]{x}^{o} + {115}^{o} + {95}^{o} + {70}^{o} = {360}^{o} \\ {x}^{o} + {280}^{o} = {360}^{o} \\ {x}^{o} = {360}^{o} - {280}^{o} \\ {x}^{o} = {80}^{o} \\ [/tex]

Starting at 18, you want to save $50 000 by 30 years old. Create a plan to make this happen

Answers

Answer:

Step-by-step explanation:

You might want to be saving money by using less energy and less water by not growing plants. You can also buy only essential items and leave the items you want for later. You can also get a car that uses less gas per gallon.

Answer:

Don’t but junk food, anything from a deli/store. Don’t waste water or gas. But things that you will actually use and will last for looong time. Put your money into a savings account. Just don’t buy anything that not nesscary even if it looks cool, save your money. Find cheap but good quality  (ex. Apartment, furniture, etc.).

Step-by-step explanation:

A bag contains 2 red marbles, 6 blue marbles and 7 green marbles. If two marbles are drawn out of the bag, what is the probability, to the nearest 100oth, that both marbles drawn will be red?​

Answers

Answer:

0.01 (nearest hundredth)

Step-by-step explanation:

[tex]\mathsf{probability=\dfrac{number \ of \ favorable \ outcomes}{number \ of \ total \ outcomes}}[/tex]

Total number of marbles (total outcomes) = 2 + 6 + 7 = 15

⇒ Probability of the first marble being red = [tex]\dfrac{2}{15}[/tex]

As there is no replacement, the total number marbles is now 15 and there is only 1 red marble left.

⇒ Probability of the second marble being red = [tex]\dfrac{1}{14}[/tex]

So the probability of the 1st and 2nd marble being red is:

[tex]\dfrac{2}{15}\times \dfrac{1}{14} = \dfrac{1}{105}[/tex]  = 0.01 (nearest hundredth)

f(x )= ?
g(x) = ?
Neither function can be the identity function.
(There may be more than one correct answer.)

Answers

[tex]f(x) = {x}^{7} [/tex]

[tex]g(x) = 3x + 3[/tex]

_________________________________

[tex]f(x) = {x}^{14} [/tex]

[tex]g(x) = \sqrt{3x + 3} [/tex]

_________________________________

[tex]f(x) = ({5x - 10})^{7} [/tex]

[tex]g(x) = \frac{3}{5}x + \frac{13}{5} \\ [/tex]

_________________________________

And many other answers....

Consider the sequence 10, 2..
Create a totally different sequence that begins 10,2, ... For your sequence, write the next four terms and an equation for t(n). Cannot be arithmetic or geometric.​

Answers

Answer:  see below

Step-by-step explanation:

1) 10, 2, 1.2, 1.12, 1.112, 1.1112

[tex]t_n=\dfrac{t_{n-1}}{10}+1[/tex]

t₁ = 10

t₂ = 10/10 + 1    = 2

t₃ = 2/10 + 1     = 1.2

t₄ = 1.2/10 + 1   = 1.12

t₅ = 1.12/10 + 1  = 1.112

t₆ = 1.112/10 + 1 = 1.1112

2)  10, 2, -2, -4, -5, -5.5, ...

[tex]t_n=\dfrac{t_{n-1}}{2}-3[/tex]

t₁ = 10

t₂ = 10/2 - 3 =   2

t₃ = 2/2 - 3  =  -2

t₄ = -2/2 - 3 =  -4

t₅ = -4/2 - 3 =  -5

t₆ = -5/2 - 3 = -5.5

Jose bought a shirt at foot locker for 25.75.The current California sales tax is 9.25%.What is the total price of the shirt with tax? (Round your answer to the nearest hundredth)

Answers

Answer:      2.381875 is the answer.

A recipe calls for 112 teaspoons of cinnamon to make 2 dozen oatmeal cookies.
How many teaspoons of cinnamon are needed to make 60 oatmeal cookies?

Answers

Answer:

280

Step-by-step explanation:

112 ÷ 24 =4.66

4.66 x 60 =280

Jeff has 19 packages he wants to mail. 18 identical packages weigh 12 7/8 pounds each. A nineteenth package weighs 19 times the cost of one package. How many pounds do all the packages weigh together?

Answers

I THINK The weighT iS 37 because 19 +18= 37

HELPPPP, I need help finding the value!

Answers

Answer:

65

Step-by-step explanation:

1*5*2 + -1*0*-3 + 3*2*1 - -3*5*3 - 1*0*1 - 2*2*-1 =

10 + 0 + 6 + 45 - 0 + 4 =

65

see attached picture, that shows the recipe to do the other one.

here a subtraction problem that has been solved incorrectly 21-9=11 what answer I got b 11+9=20​

Answers

Answer:

I put the answer on your copy of this question. However, I can at least put the equation here.

You are correct in this case.

11 + 9 = 20 - 9 = 11

11 plus 9 equals 20, 20 minus 9 equals 11 (correct statement)

Describe two different ways that you could find the product 3x990

Answers

990 = 1000 - 10

so 3 x 990 = 3 x (1000 - 10) = 3 x 1000 + 3 x (-10) = 3000 - 30 = 2970

and

990 = 900 + 90

so 3 x 990 = 3 x (900 + 90) = 3 x 900 + 3 x 90 = 2700 + 270 = 2970

You and your friends order a meal for $116.29. How much tip should you leave if you want to leave a 12% tip?

Answers

Answer:

$13.95

Step-by-step explanation:

$166.29 ×12/100

=$13.95 will be the tip.

Answer:

$13.95

Step-by-step explanation:

Convert the 12% to an actual number that can be used in a calculator. For percents, this is done by dividing the percent (in this case 12%) by 100%.So, the conversational term "12%" becomes 12% / 100% = 0.12 in terms of a real mathematical number. Then you need to find out what 12% of your $116.29 meal cost is.This is always done by multiplying 0.12 by $116.29, or 0.12 x $116.29=$13.95.

Find the volume rectangular prism in terms of the small cube and a unit cube 180 x 1/4=

Answers

Answer:

45

Step-by-step explanation:

180/1 × 1/4

common factor 4

180÷4=45

The answer to the question above is 45

URGEN
y = 4x – 5
y= 2x+ 3
Is (4, 11) a solution of the system?

Answers

11 = 4(4) – 5 (True)
11 = 2(4) + 3 (True)
11 = 16 – 5
11 = 8 + 3
11 = 11
11 = 11
Yes, (4,11) is a solution.

An analyst wants to determine if there is any difference in the amount of time teenagers play video games between two years. To do this, he takes a random sample of teenagers and gathers the average time they spent playing video games the previous year and compares it to the average time they spent playing video games this year. Suppose that data were collected for a random sample of 15 teenagers, where each difference is calculated by subtracting the time spent playing video games this year from the time spent playing video games last year. Assume that the times are normally distributed. What is/are the critical value(s) of the t-test statistic for this hypothesis test, where α=0.10? Use a comma and a space to separate answers as needed.

Answers

Answer:

The critical value  is  [tex]t_{\frac{0.10}{2} , 14 } =[ - 1.761,1.761][/tex]

Step-by-step explanation:

From the question we are told that

   The sample size is  n =  15

   The  level of significance is  [tex]\alpha = 0.10[/tex]

The null hypothesis is  [tex]H_o : \mu _1 = \mu_2[/tex]

The alternative hypothesis is  [tex]H_a : \mu_1 \ne \mu_2[/tex]

Here [tex]\mu_1[/tex] is average time for previous year

        [tex]\mu_2[/tex] is the average time for current year

Generally the degree of freedom is mathematically represented as

         [tex]df = n -1[/tex]

=>      [tex]df = 15 - 1[/tex]

=>     [tex]df = 14[/tex]

Generally from the student  t distribution table the critical value  for [tex]\frac{\alpha }{2}[/tex] at a degree of freedom of  [tex]df = 14[/tex] for a two tailed test  is  

      [tex]t_{\frac{0.10}{2} , 14 } =[ - 1.761,1.761][/tex]

Please someone help I missed this class and I have to catch up on the work I can’t remember I’ll also mark u brainliest tysmmmm

Answers

Answer:

$120 increased by 20% is $144

$50 decreased by 10% is $45

Step-by-step explanation:

let me know if u need help underst6

what is 2/17. i am stuck

Answers

Answer:

0.1176470588235294

Step-by-step explanation:

Mmmm, yes. Calculator.

Answer:

a fraction that cant be simplified

Step-by-step explanation:

if (5^0)^x = 1, what are the possible values of x.

Answers

Answer:

x=1

Step-by-step explanation:

if you do 1x5=5 1x0=0 so yur left with 5^0=1

Answer: i think x=1

Step-by-step explanation: 5^0=1 (1)^x=1 x=1

Solve  :    x-1 = 0  

Add  1  to both sides of the equation :  

                     x = 1

Hello! Can you read the comments? Thanks!
However, my math question is, what is the equation represented by this graph?

Answers

Answer:

[tex]y=\frac{6}{1} x[/tex]

Step-by-step explanation:

slope is [tex]\frac{6}{1}[/tex]

y=mx+b

replace m with slope

[tex]y=\frac{6}{1} x[/tex]

(1,6)(0,0)

Slope:-

m=0-6/0-1m=6

Equation in point slope form

y-6=6(x-1)y-6=6x-6y=6x

What is the value for x that makes the equation
4r - 2 + 3x - 7= -51 true?

Answers

Answer:

x = -4r/3 - 14

10u^2 - 4u + 3 for u = 7

Answers

Answer:

L(x)=136x−487

Step-by-step explanation:

Answer:

465

Step-by-step explanation:

Hello! For this problem, you just plug in 7 everywhere you see u and then evaluate it! :)

[tex]10{u}^2-4u+3 \\\\u=7\\\\10(7)^2-4(7)+3 =\\\\10(49)-28+3 =\\\\490-28+3 =\\\\462+3 =\\\\465[/tex]

what is 5 divided by 360​

Answers

Answer:

72 got you :) brainly?

Step-by-step explanation:

4 markers cost $7.04.

Answers

Answer:

0.568181818

Step-by-step explanation:

Answer:

That cool

Is ther a question to this

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