In how many years a sum of money doubles at the rate of 8%?​

Answers

Answer 1
Given,
Rate=8%
Principle= let it be x
Amount = 2x
Interest = let it be x

Now,
I=(PTR)/100
100x=x*8*T
T= 100x/x*8
T = 100/8 ( x and x of 100 get cut)
T = 12.5 years




Full process should be done.
Answer 2

Answer:

  about 9 years

Step-by-step explanation:

You want to know the doubling time for money earning an interest rate of 8%.

Rule of 72

The rule of 72 tells you the doubling time is about ...

  72/(interest rate %) = 72/8 = 9 . . . . years

The sum will double in about 9 years.

__

Additional comment

The actual period will depend on the way interest is compounded. When compounded annually, the time is ...

  log(2)/log(1.08) ≈ 9.01 . . . years

Compounded monthly, the time is ...

  log(2)/(12·log(1 +.08/12)) ≈ 8.69 . . . years


Related Questions

Seven times a certain number plus the number is equal to 88. Find the number.

Answers

Answer:

11

Step-by-step explanation:

11 * 7= 77

77 + 11= 88

23:
-
Determine the x- and y- intercepts for the graph defined by the given equation.
y = 7x + 3
a. X-intercept is (3,0)
CH
x-intercept is 0.-
y-intercept is 0,-
y-intercept is (3,0)
b.
d. x-intercept is (3, 0)
x-intercept is
0
y-intercept is
10
y-intercept is (0,3)
Please select the best answer from the choices provided
А
ОВ

Answers

Answer:

[tex](-\frac{3}{7}, 0)[/tex] -- x intercept

[tex](0,3)[/tex] -- y intercept

Step-by-step explanation:

Given

[tex]y = 7x + 3[/tex]

Required

Determine the x and y intercept

For x intercept.

Set [tex]y = 0[/tex]

So, we have:

[tex]y = 7x + 3[/tex]

[tex]0 = 7x + 3[/tex]

Collect Like Terms

[tex]7x = -3[/tex]

Make x the subject

[tex]x = -\frac{3}{7}[/tex]

Hence, the x intercept is: [tex](-\frac{3}{7}, 0)[/tex]

For the y intercept;

Set [tex]x = 0[/tex]

So, we have:

[tex]y = 7x + 3[/tex]

[tex]y = 7*0 + 3[/tex]

[tex]y = 0 + 3[/tex]

[tex]y = 3[/tex]

Hence, the y intercept is: [tex](0,3)[/tex]

AnswerB

Step-by-step explanation:

help asap, i will mark brainliest!

Answers

Answer:

150m

Step-by-step explanation:

[tex]Length=120-(-30)=120+30=150m[/tex]


Which of the following is most likely the next step in the series?

Answers

Answer:

I need more info to answer this question.

Step-by-step explanation:

what is 893 :9 in long division​

Answers

0 remaining 9 i’m just typing more bc it says it’s can’t be under 20 words
Hi, I’m here to help! Here’s what I got:

An economist conducts a nationwide survey to study the financial perceptions of US adults. Specifically, he asks a random sample of 1,000 US adults: “Financially, are you doing OK or are you struggling to get by?” The results of the survey show that 829 of the 1,000 participants said they are doing OK.

(a) Construct a 95% confidence interval for the proportion of US adults who would say they are doing OK.

(b) Shortly thereafter, a similar study is conducted in Mexico with the intention of constructing a 95% confidence interval for the proportion of Mexican adults who would say they are doing OK. What is the smallest sample size that can be used to guarantee that the margin of error will be less than or equal to 0.01?

Answers

Answer:

a) (0.806, 0.852)

b)Margin of error ≤ 0.01

1.96*√{0.5*(1–0.5)/n} ≤ 0.01

√n ≥ 98

n ≥ 9604

• Smallest sample size = 9604

Step-by-step explanation:

I found this on Chegg

Divide. Then, check your work with multiplication. 12.21 / 11

Answers

Answer:

1.11

Step-by-step explanation:

Answer:

1.11

Step-by-step explanation:

12.21/11 is equal to 1.11

to check with multiplication, 1.11*11 = 12.21

- 3x + 5y = -2
2x - 2y = 1
Solve by elem inaction

Answers

Answer:

x=1/4 , y=-1/4. You can confirm this by substituting the numbers in.

Step-by-step explanation:

Guys I suck at this stuff so can someone Just PLEASE HELP ME

Answers

Answer:

I only

Step-by-step explanation:

The others have irrational & unsolvable numbers!

Hope that helps!

Subtract: (x^2+ 5x – 4) - (6x2 – 7)

Will give brainliest

Answers

Answer:

x^2+5x-9

Step-by-step explanation:

First multiply 6x2 because that's a number that isn't solved in the parenthesis.

(x^2+5x-4) - (12-7)

Then you subtract 12-7 which equals 5.

(x^2+5x-4)-(5)

You now take the parenthesis off

x^2+5x-4-5

-4-5 equals -9

Now you get the answer: x^2+5x-9

Answer:

-5x² + 5x + 3

Step-by-step explanation:

Si un ladrillo de adobe pesa 20kg. mas de la mitad de su peso. ¿Cuanto pesara un ladrillo y medio?​

Answers

Answer:

pesaria 2.25 kilos

explicacion

a. Solve for x in the
diagram

Answers

Answer: 15 i think

Step-by-step explanation:

Answer:

as their is no labeling so it's hard to answer

55+55=110

180-110=70

vertical angles

so x=70

Five higschool friends all happen to be female born in 2003 assuming that the survival of each ine is independent what is the proablity that at least one lives to be 100 year old

Answers

Answer:

15%

Step-by-step explanation:

Dave has $70 saved and earns $20
each month in allowance. Terri has
$110 saved and earns $16 a month
in allowance. If they both save their
entire allowances, how long will it
take before Dave and Terri have saved
the same amount of money?

Answers

Answer:

10 months

Step-by-step explanation:

Please let me know if you want me to write an explanation for my answer :)

How to do this problem? Thank you!

Answers

(Bc)/(ab)=tan1
(Ef)/(ec)=tan2
Angle 1= angle 2
Tan1=tan2
(Bc)/(ab)=(ef)/(ec)
...

A new animal hospital is planning to purchase a total of 36 cages for dogs, cats, and
rabbits. They want to purchase the same number of cages for dogs as for cats, but only
one-fourth as many cages for rabbits. How many of each cage should they buy?

Answers

For simplicity’s sake:
D = dogs, C = cats, R = rabbits

Since the dogs and the cats are the same number, we can say C = D.

R = 1/4D

2D + 1/4D = 36

Combine like terms and get the same denominator

9/4D = 36

9D = 144

D = 16

Now we know that D is 16, so C must be 16 as well. That leaves us with 32 cages.

36 - 32 = 4 rabbit cages. To double check this, 1/4 of 16 does equal 4.

Final answer: 16 D, 16 C, 4 R

Number of dogs cages = 16

Number of cats cages = 16

Number of rabbits cages = 4

What is an expression?

Expression in math is defined as the collection of the numbers variables and functions by using signs like addition, subtraction, multiplication, and division.

Given that;

For simplicity’s assume;

D = number of dogs cages, C = number of cats cages,

R = number of rabbits cages.

Since, The dogs and the cats cages are the same number,

We can say, C = D.

Only one fourth as many cages for rabbits,

So, we can formulate,

R = 1/4D

Since, A new animal hospital is planning to purchase a total of 36 cages for dogs, cats, and rabbits.

2D + 1/4D = 36

Combine like terms and get the same denominator;

9/4D = 36

9D = 144

D = 16

So,

Number of dogs cages = 16

Number of cats cages = 16

And, Number of rabbits cages = 36 - (16 + 16)

                                                = 36 - 32

                                                = 4

Thus,

Number of dogs cages = 16

Number of cats cages = 16

Number of rabbits cages = 4

Learn more about the mathematical expression visit:

https://brainly.com/question/28374179

#SPJ5

I need help so please be nice and help me hurry cause I have to turn this in!!

Answers

Answer:

16 easy

Step-by-step explanation:

PLEASE HELP ASAP I WILL GIVE YOU BRAINIEST!! Marcus is 14 years younger than twice Kimi's age. Marcus is 8 years old. How old is Kimi?

Answers

Answer: kimi is 22

Step-by-step explanation:

Answer:

Kimi is 11 years old

Step-by-step explanation:

We can read 'twice Kimi's age' as Kimi's age times 2 and

'14 years younger' as  minus 14.

Our equation is

2(Kimi's age)-14= Marcus' age

Since Marcus is 8:

2(Kimi's age)-14= 8

Now we manipulate the equation so that it equals Kimi's age. Remember that whatever we do to the right side, we also do to the left.

First we add 14 to both sides

2(Kimi's age)-14(+14)= 8(+14)

2(Kimi's age)= 22

Then we divide by 2

2(Kimi's age)/2= 22/2

Kimi's age=11

Usually we would us X to represent our unknown, Kimi's age, but I left it as Kimi's age so that it is easier to follow.

A. X = -6 and X = -5.5
B. x = -0.5 and x = -5
C. X = 0 and x = 5
D. X = 5 and x = 6

Answers

Answer:

Step-by-step explanation:

The roots are the x-intercepts, 5 and 6.

Troy and Lisa were shopping for school supplies. Troy bought 3 notebooks and 5 thumb drives for $20.25. Lisa bought 8 notebooks and 8 thumb drives for $38. Find the cost of each notebook and the cost of each thumb drive.

Answers

Answer:

Step-by-step explanation:

3n + 5d = 20.25

24n + 40d = 162

8n + 8d = 38

-24n - 24d = -114

24n + 40d = 162

-24n - 24d = -114

—————————

16d = 48

d = 3

A drive costs $3

3n + 5(3) = 20.25

n = 1.76

A notebook costs $1.75

Help
Please ..................

Answers

Plug in -11 for x
8(-11) + 2.
-86

Answer:

-86

Step-by-step explanation:

Substitute -11 for x in the equation:

8(-11)+2

=-88+2

=-86

The volume Vof a cylindrical can is represented by the formula V=πr2h, where h is the height and r is the radius. A cylindrical can has a volume of 1014π cubic centimeters and a height of 6 centimeters. What is the radius of the can?

Answers

Answer:

Step-by-step explanation:

V = πr²h

1014π = πr²·6

r² = 1014/6 = 169

r = 13 cm

Evaluate the following: a. 4|−8| b. 2|−3| + 4(7) c. 8|−2| − 6 d. 5|−4| + 2|−6|

Answers

Step-by-step explanation:

a. 4×|-8| = 4×8 =32

b. 2×3+4×7= 6+28 = 34

c. 8×2-6 = 10

d. 5×4+2×6 = 32

1.) Some banks charge a fee on savings accounts that are left inactive for an extended period of time. The equation y = 5000 * (0.98) ^ x represents the value, y of one account that was left inactive for a period of x years .

a. What was the initial amount of money that was left in this savings account?

b. What is the percent of change each year in this savings account?

Answers

Answer:

a. The initial amount of money that was left in this savings account was of 5000.

b. Decrease of 2% each year.

Step-by-step explanation:

Exponential function:

An exponential function, with an initial value of A(0), and a decay rate of r, as a decimal, is given by:

[tex]A(t) = A(0)(1-r)^t[/tex]

In this question, we have:

[tex]y = 5000*(0.98)^x[/tex]

a. What was the initial amount of money that was left in this savings account?

This is y(0) = 5000

The initial amount of money that was left in this savings account was of 5000.

b. What is the percent of change each year in this savings account?

First as a decimal.

1 - r = 0.98

r = 1 - 0.98

r = 0.02

So a decrease of 2% each year.

you want branliest.more branliest giving out

Answers

Answer:

that is a cute dog

Step-by-step explanation:

1. very fluffy

2. small

3. sleeping

4. teddy bear dog :D

An underground aquifer near Seiling, Oklahoma, sits on an impermeable layer of limestone. West of Seiling the limestone layer is thought to slope downward in a straight line. In order to map the limestone layer, hydrologists started at Seiling heading west and drilled sample wells. Two miles west of Seiling the limestone layer was found at a depth of 220 feet. Three miles west of Seiling the limestone layer was found at a depth of 270 feet
(a) What would you expect to be the depth of the limestone layer 5 miles west of Seiling
(b) You want to drill a well down to the limestone layer as far west from Seiling as you can. Your budget will allow you to drill a well that is 275 feet deep. How far west of Seiling can you go to drill the well? (Round your answer to one decimal place.)

Answers

Answer:

(A) 490ft.

(B) 2.8 miles

Step-by-step explanation:

Important points to note:

- The limestone layer is thought or assumed to slope downward in a straight line.

- 2 miles west of Seiling, the limestone layer was found at a depth of 220ft.

- 3 miles west of Seiling, the limestone layer was found at a depth of 270ft.

(A) What would you expect to be the depth of the limestone layer, 5 miles west of Seiling?

The expected depth of the limestone layer is:

2 miles + 3 miles = 5 miles

220ft + 270ft = 490ft

(B) Your budget will allow you drill a well that is 275ft deep. How far west of Seiling (in miles) can you go, to drill the well?

If 490ft  ~  5 miles

then 275ft  ~  K miles

K = [275 x 5] / 490  = 2.80612245 miles

Rounding to 1 decimal place, the distance is 2.8 miles.

A researcher is conducting a study of charitable donations by surveying a simple random sample of households in a certain city. The researcher wants to determine whether there is convincing statistical evidence that more than 50 percent of households in the city gave a charitable donation in the past year. Let p represent the proportion of all households in the city that gave a charitable donation in the past year. Which of the following are appropriate hypotheses for the researcher?

a. H_o : p=0.5 and H_a:p>0.5
b. H_o:p=0.5 and H_a:p≠0.5
c. H_o:p=0.5 and H_a:p<0.5
d. H_o:p>0.5 and H_a:p≠0.5
e. H_o:p>0.5 and H_a:p=0.5

Answers

Answer: a. [tex]H_o : p=0.5[/tex] and [tex]H_a:p>0.5[/tex].

Step-by-step explanation:

Let p represent the proportion of all households in the city that gave a charitable donation in the past year.

Reseracher wants to check whether p > 50% or p > 0.5

Since Alternative hypothesis contains ">, <, ≠" and null hypothesis is the opposite of alternative hypothesis.

So Null hypothesis: [tex]H_o: p=0.5[/tex]

Alternative hypothesis: [tex]H_a:p>0.5[/tex]

The correct option is a. [tex]H_o : p=0.5[/tex] and [tex]H_a:p>0.5[/tex].

2x +5y = -7
7x + y = -8
Solve by substitution SHOW WORK!

Answers

Answer:

x = 1, y = -15

Step-by-step explanation:

7x + y = -8 ⇒ y = -7x-8

2x + 5y = -7

substitute -7x-8 for y:

2x + 5(-7x-8) = -7

2x - 35x - 40 = -7

-33x - 40  = -7

-33x = -33

x = 1

y = -7x-8 = -15

*) Simplify the second expression
2(2m + 2) + m.
2(2m + 2) + m =
m +
?

Answers

Answer:

5m + 4

Step-by-step explanation:

First, use the distributive property to open the parentheses.

2(2m + 2) + m = _m + 4

4m + 4 + m = _m + 4

Simplifiy:

5m + 4

Hope this helps!

Answer:

5m+4

Step-by-step explanation:

open up the bracket

that will be 4m+4+m   (since 4m and m are alike we can add them together)

5m+4

if this helped please give me brainlest

The flower shop has 40 times as many flowers in the cooler as Kendall has in her bouquet. Kendall has 15 flowers. How many flowers are in the cooler?

Can anyone help me thank you

Answers

Answer:

tu debes de saber las respuestas por qué tú estás como en onceavo

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