If you invest $1,200 into an account with an interest rate of 8%, compounded monthly, about how long would it take for the account to be worth $12,000?

Answers

Answer 1

Answer:

n= 346.37 months

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $1,200

Number of periods (n)= ?

Interest rate (i)= 0.08 / 12= 0.00667

Future Value (FV)= $12,000

To calculate the number of months required to reach the objective, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)  

n= ln(12,000 / 1,200) / ln(1.00667)

n= 346.37 months

In years:

346.37/12= 28.86 years


Related Questions

Need your help answer correctly for 20 points! <3

Answers

12.50 dollars per hour

Answer:

$12.50

Step-by-step explanation:

Hi,

Cassie: 250 / 20 = 12.5

Marli: 312.50 / 25 = 12.5

Brad: 350 / 28 = 12.5

Each worker makes $12.50 per hour.

I hope this helps :)

The quotient of a number more than 1 and 3 is 5

Answers

Answer:

https://brainly.com/question/13518166

Step-by-step explanation:

Is v = 0.5 a solution to this equation?
2.28 = 4.56v

Answers

Answer:

Step-by-step explanation:

Yes.  Substituting 0.5 for v in 2.28 = 4.56v yields 2.28 = 2.28.

Nita is making pizza.

She needs 3/4 cup of cheese to make one whole pizza .
She has 3/8

Nita can make exactly one whole pizza or less than or more than

Answers

Answer:

Less than

Step-by-step explanation:

To see how 3/4 compares to 3/8, give em the same denominator. The simplest way is to multiply 3/4 by 2. Multiply each the numerator and denominator by 2. That gives you 6/8. She needs 6/8 but only has 3/8, so less than a pizza.

What is the measure of the other acute angle.....?

I really need to get this right plsss help me ❤️ I really need to get to an 90

Answers

the answer is 30°

EXPLAINATION:

since the angle is a right angle triangle one of it's angles is 90°, and all the angles of a triangle always add up to 180°

so, 90° + 60° + x = 180

150° + x = 180°

so x = 180° - 150° = 30°

hence, the other acute angle is 30°.

Determine the approximate length of the segment AD *

Answers

Answer:

35/6

Step-by-step explanation:

The right angle triangle ABC which has another triangle BCD, the length of segment AD is,  9.73 cm

What is Pythagoras theorem?

It is the most important theorem of mathematics, which tells us the relationship between sides of the right angle triangle, which are known as Base(A), Height(B), Hypotenuse(H).

Pythagoras theorem,

H² = A² + B²

Given that,

Two triangle,

ΔABC and ΔBCD

Side lengths are ,

AC =  19cm

BC  =  8cm

DC  =  11cm

AC² = AB² + BC²

19² = AB² + 8²

AB = 17.23

Another  ΔBCD

11² = DB² + 8²

DB = 7.5

The length of AD =  AB - DB

                             =  17.23 - 7.5

                             =   9.73

Hence, the length of the segment is 9.73 cm

To know more about Pythagoras theorem check:

https://brainly.com/question/343682

#SPJ2

no links
The drama club is selling tickets to their play to raise money for the show's expenses. Each student ticket sells for $4 and each adult ticket sells for $8. The auditorium can hold a maximum of 110 people. The drama club must make at least $570 from ticket sales to cover the show's costs. Also, they must sell at least 20 student tickets and a maximum of 70 adult tickets. If xx represents the number of student tickets sold and yy represents the number of adult tickets sold, write and solve a system of inequalities graphically and determine one possible solution.

Answers

Answer:

hgfxjdt

Step-by-step explanation:

write the equations of these parabolas in vertex form: • focus at (-5,-3), and directrix y = -6 • focus at (10,-4), and directrix y = 6​

Answers

Answer:

y=0.12/1(x-5)^2 -3

y=1/10(x-10)^2 -4

Step-by-step explanation:

Given the directrix and focus of the parabolas, the equation of the parabolas are [tex]y=\frac{1}{6}(x^{2} +10x - 2)[/tex] and [tex]y=\frac{1}{20}(-x^{2} +20x - 80)[/tex].

What is equation of a parabola?

Equation of a parabola is given by-

Distance of a point (x, y) on parabola from directrix =  Distance of a point (x, y) on parabola from focus

focus = (-5, -3)

directrix = y = -6

[tex]\sqrt{(x+5)^{2}+(y+3)^{2} } = (y+6)\\\\ (x+5)^{2}+(y+3)^{2} = (y+6)^{2}\\\\x^{2} +25+5x = 6y+27\\\\y=\frac{1}{6}(x^{2} +10x - 2)[/tex]

focus = (10,-4)

directrix = y = 6

[tex]\sqrt{(x-10)^{2}+(y+4)^{2} } = (y-6)\\\\ (x-10)^{2}+(y+4)^{2} = (y-6)^{2}\\\\x^{2} +100-20x = -20y+20\\\\y=\frac{1}{20}(-x^{2} +20x - 80)[/tex]

Learn more about equation of parabola here

https://brainly.com/question/21685473

#SPJ2



Based on a recent survey of 500 students,
the circle graph below shows how students
communicate
with friends.
How many more students chose social
media apps than phone calls to
communicate with friends?

A. 180 students
B. 12 students
C. 300 students
D. 36 students

Answers

180 students i’m pretty sure?

Write 3.41 x 106 in standard form
(24 points)

Answers

Answer:

3,410,000

Step-by-step explanation:

3.41 * 10^6 = 3.41 * 1,000,000 = 3,410,000

Answer:

3,410,000

plz mark me as brainliest

Un estudiante reparte el tiempo de un día de la siguiente forma:

1/4 del día duerme,

1/12 del día lo usa para desplazarse caminando hasta el colegio, 5/12

del día lo usa para estudiar. ¿Qué parte del día le queda para compartir con su familia?​

Answers

Answer:

4 horas para compatir com su familia

find the value of x and y, special right triangles

Answers

Answer:

25 and 135

Step-by-step explanation:

you see that the small square equals 90

One kilogram is approximately 2.2 pounds. Write a direct variation equation that relates x kilograms to y pounds.

Answers

Answer:

2.2y=1x or just x

Step-by-step explanation:

Answer: y=2.2x

Step-by-step explanation:

Complementary of supplementary? Find the value of x

Answers

Answer:  x=6

The two angles shown in each are complementary because they add up to 90°.

10 & 12 would be supplementary to one another because they would add up to 180°.

Step-by-step explanation:

We know that on both 10 & 12 the angles add up to equal 90° so...

10.  8x+7x=90

15x=90

x=6

12.  it's the same in pic as 10

The two angles shown in each are complementary because they add up to 90°.

10 & 12 would be supplementary to one another because they would add up to 180°.

PLEASE HELP ITS DUE TODAY!!

For problems 8-11, write Yes or No whether each figure is a polygon. (1 point each)

Answers

Answer:

yes,yes,yes,no :) hope it helps

Step-by-step explanation:

Answer:

1. Yes

2. No

Definition of a Polygon: a plane figure with at least three straight sides and angles, and typically five or more.

A scientist used a microscope to count the number of bacterial cells in a petri dish every hour.
Which function most accurately represents this data, where n is the number of bacteria and 1 is the time elapsed, in hours?
a. n=2t
b. n=2^t
c n=t^2
d. n=√t​

Answers

Answer:

a. n=2t

Step-by-step explanation:

Given that

N denotes the number of bacteria

And, 1 denotes the time elasped in hours

Now based on this, the scientist used a microscope for counting the number of bacterial cells every hour

So,the function that represent correct data is

n = 2t

Therefore the correct option is A.

The same would be considered

These tables represent an exponential function, find the average rate of change for the interval from x=9 to x=10.

Answers

The average rate of change for the interval from x=9 to x=10 is 39366

Exponential equation

The standard exponential equation is given as y = ab^x

From the values of the average change, you can see that it is increasing geometrically as shown;

2, 6, 18...

In order to , find the average rate of change for the interval from x=9 to x=10, we need to find the 10 term of the sequence using the nth term of the sequence;

Tn = ar^n-1

Given the following

a = 2

r = 3

n = 10

Substitute

T10 = 2(3)^10-1
T10 = 2(3)^9
T10 = 39366

Hence the  average rate of change for the interval from x=9 to x=10 is 39366

Learn more on exponential function here: https://brainly.com/question/12940982

#SPJ1

Answer:

39,366

Step-by-step explanation:

its right

If Y is inversely proportional to x and y=4 when x= 100, what is the value of y when x=250

Answers

Answer:

y=10

Step-by-step explanation:

[tex]\frac{4}{100}[/tex]=[tex]\frac{y}{250}[/tex]

cross-multiply, 4*250=100y

isolate the variable and solve for y, 1000=100y

divide 100 on both sides, 10=y

The starting salary of a starting teacher is $40,000, which will increase by 2% each year

What is the multiplier (growth factor) for this scenario?

1. .02
2. 1.02
3. 2
4. 1.2

Answers

Answer:

Choice B - (1.02)

Step-by-step explanation:

With the teachers starting salary being $40,000, we can rightfully assume that it their salary would not increase with Choice A, $40,000 * 0.2 = $800.

2% otherwise known as 0.02, would make the teachers yearly salary $40,000 * 1 + 0.02, or $40,000 * 1.02. Making the correct answer, Choice B - (1.02). (This would also give the teacher an additional $800 per year!)

Please help me! Only have about 10 minutes until I have to submit this assignment!

Answers

Answer:

626

Step-by-step explanation

The answer is 626 I think

Select the correct answer.
If f(x) = 2x^2 - 4x - 3° and g(x) = 2x^2 - 16`, find "f(x) + g(x)
OA. 4x^2 - 4x + 13
OB.
* 4x^2 - 4x -13
OC -4x - 19
OD.
*4x^2 - 4x -19

Answers

Answer:

4x^2 - 4x - 19

Step-by-step explanation:

Given the following functions

f(x) = 2x^2 - 4x - 3

g(x) = 2x^2 - 16

f(x)+ g(x) =2x^2 - 4x - 3+ 2x^2 - 16

f(x)+ g(x) = 2x^2+2x^2 -4x - 3 - 16

f(x)+ g(x) =4x^2 - 4x - 19

Hence the required sum is 4x^2 - 4x - 19

a cone and a cylinder have equal radii,r, and equal altitudes, h. If the slant height is l, then what is the ratio of the lateral area of the cone to the cylinder?​

Answers

The ratio of the lateral area of the cone to the cylinder will be √(h²+r²)/2h.

What are a cone and a cylinder?

The solid formed by two congruent closed curves in parallel planes along with the surface created by line segments connecting the corresponding points of the two curves is known as a cylinder.

A cylinder with a circular base is known as a circular cylinder. Based on the form of its base, a cone is given a name.

It is given that a cone and a cylinder have equal radii,r, and equal altitudes, h. The ratio of the lateral surface area of the cone to the cylinder will be calculated as below:-

The lateral area of the cone = πr√(h²+r²)

The lateral area of the cylinder = 2πrh

The ratio will be calculated as:-

R = πr√(h²+r²)  /   2πrh

R = √(h²+r²) / 2h

Therefore, the ratio of the lateral area of the cone to the cylinder will be √(h²+r²)/2h.

To know more about the cone and a cylinder follow

https://brainly.com/question/1310192

#SPJ1

Simplify the expression completely.

Answers

You can’t simplify it any further. 288 1/4 is already simplified.

i have now attached the picture but it can be wrong!

x
-5
-4
-3
-2
-1
0
1
2.
3
f(x)
14
6
CO
O
-4
-6
-6
-4
0
6
Based on the table, which statement best describes a prediction for the end behavior of the graph of f(x)?
O As x = 0,f(x) = -00, and as x -o, f(x) o
As x = 0,f(x) - 00, and as x = -00,f(x) = 0
O As x - ,f(x) 0, and as x - -0,f(x) --
O AS X - c.f(x) - --, and as x + -0,f(x) ---

Answers

I think it’s the second option sorry if incorrect

The solution is : Option C, function is → f(x) = x + 2

What is function?

Function, in mathematics, an expression, rule, or law that defines a relationship between one variable (the independent variable) and another variable.

here, we have,

From the table give in the picture,

Let the linear function represented by the table is,

f(x) = mx + b

Here, m = Slope of the line

b = y-intercept

Slope of a line passing through two points (-2, 0) and (1, 3) will be,

m = y2 - y1 / x2 - x1

  = 1

Equation of the function will be,

f(x) = x + b

Since, a point (1, 3) lies on he given function,

3 = 1 + b

b = 3 - 1

b = 2

Therefore, function is → f(x) = x + 2

Option C will be the correct option.

To learn more on function click:

brainly.com/question/21145944

#SPJ7

complete question:

X f(x)

-2 0

5. Which function matches the function table at the right?

A. f(x) = x+3

B.f(x) = 2x

C.f(x) = x + 2

D. f(x) = 4x - 1

Pls help

Plz help 10 points :)

Answers

The first 3 answers:
With a unit ^3 (cubed) it means they took 3 side measurements and multiplied them to find volume of an object.

what is the equation of the line that has a slope of -3 and a y-intercept of -1

Answers

Answer:

y=4x+2

Step-by-step explanation:

the arc measure of a sector in a given circle is doubled. will the area of the sector also be doubled? explain your reason

Answers

Answer:

Yes. See explanation below.

Step-by-step explanation:

The central angle and the degree arc measure of a sector of a circle are  equal. Doubling the arc measure, doubles the central angle measure and vice versa.

Area of the the original sector:

[tex] A_{sector} = \dfrac{n}{360^\circ}\pi r^2 [/tex]

where n = measure of the central angle of the sector

Since the central angle and the arc measure of the sector are equal, changing the arc measure has the same effect as changing the central angle measure.

Let's double the central angle to 2n which is the same as doubling the arc measure.

Area of the sector with a doubled central angle or a doubled arc measure:

[tex] A_{sector} = \dfrac{2n}{360^\circ}\pi r^2 [/tex]

Now we divide the area of the doubled sector by the area of the original sector.

[tex]\dfrac{\frac{2n}{360^\circ}\pi r^2}{\frac{n}{360^\circ}\pi r^2} =[/tex]

Simplify:

[tex]= \dfrac{2n}{n} \times \dfrac{360^\circ \pi r^2}{360^\circ \pi r^2}[/tex]

[tex] = \dfrac{2n}{n} [/tex]

[tex] = 2 [/tex]

The ratio of the areas is 2, so the area of the sector is indeed doubled.

Answer: Yes.

Compare each set of rational numbers.
-1
2
✓ -1.5

1
o
2
-2
-1

Answers

-1 is a negative real and rational integer.

2 is a positive real number

[tex] \sqrt{ - 1.5} [/tex]

is an imaginary or nonreal number.

1 is rational

0 is rational

2 rational counting number

-2 is a negative integer

and do is -1

Justin completes 8 extra credit problems on the first day and then 4 problems each day until the worksheet is complete. There are 28 problems on the worksheet. Write and solve an equation to find how many days it will take Justin to complete the worksheet after the first day.

Answers

Answer:

28-8-4x=0

x=5

5 days

Step-by-step explanation:

28-8=20 problems left

then 4 each day

Find the vertex of the parabola whose equation is y = -2x2 + 8x - 5.

A-(2, 27)
B-(2, 19)
C-(2, 3)

WILL MARK BRAINLIEST -JAYVEE

Answers

I believe the answer to your question is A
I promise the answer is a
Other Questions
19.20Z45y 60632 =I NEED HELP WITH NUMBER 19 PLEASE HELP! help ASAP Ill mark u brainliest mention the significance of traditional Sports in Nigeria giving brainliest The most powerful position in the Australian government is the __________.A.monarchB.prime ministerC.governor generalD.cabinet leaderPlease select the best answer from the choices provided Find (14).144414 which factor contributes to climate change the most find x:x+x=20please find x for me Which layer of the Earth includes the crust? a atmosphere b hydrosphere c asthenosphere d lithosphere .2 How many millilitres of chutney are needed? A set of data is Normally distributed with a mean of 25 and a standard deviation of 5. What percent of values are between the z-values 0.4 and 0.6? Round to the nearest whole percent.Use the z-table to answer the question.9%19%38%49% help me for 20 points An FBI agent orders a block of ballistics gel. The gel weighs 54 pounds per cubic foot. What is the weight of the block of gel? 26. A solid wheel accelerates at 3.25 rad/s2 when aforce of 4.5 N exerts a torque on it. If the wheelis replaced by a wheel which has all of its masson the rim, the moment of inertia is given by1 = mr? What force should be exerted on thestrap to give the same angular velocity? 6. PART B: Which paragraph from the text bestsupports the answer to PART A?A Paragraph 12B Paragraph 16C Paragraph 31D Paragraph 34Obama commonlit Which point on the graph represents the y-intercept? Element X is a radioactive isotope such that every 28 years, its mass decreases byhalf. Given that the initial mass of a sample of Element X is 70 grams, how longwould it be until the mass of the sample reached 38 grams, to the nearest tenth of ayear? In a normal distribution, 95% of the data falls within 1 standard deviation ofthe mean.True or False? Select all the properties of a right triangle.A. Has a Right AngleB. Has 1 Obtuse AngleC. Has Parallel LinesD. Has Perpendicular LinesE. Has 3 Acute Angles If u are an Expert PLzzz Answer Thisss! Jack has a rock. The rock has a mass of 14g and a volume of 2cm3. What is the density of the rock? Bob had 42 fair tickets to sell. He sold 5/6 of the tickets. How many tickets did Bob sell