PLEASE HELP ASAP!!
A savings account starts with $420. After 6 years of continuously compounding at an interest rate, r, the account has a balance of $1,300. What is the interest rate percentage (do not type % it is already there)? Round answer to the nearest hundredth.

Answers

Answer 1

Answer:

18.83% (nearest hundredth)

Step-by-step explanation:

Continuous Compounding Formula

[tex]\sf A=P(e)^{rt}[/tex]

where:

A = amountP = principal (initial amount)e = mathematical constant ≈ 2.7183r = interest rate (in decimal form)t = time in years

Given:

A = $1,300P = $420t = 6 years

Substituting given values into the formula:

[tex]\sf \implies 1300=420(e)^{6r}[/tex]

[tex]\sf \implies \dfrac{1300}{420}=e^{6r}[/tex]

[tex]\sf \implies e^{6r}=\dfrac{65}{21}[/tex]

Taking natural logs of both sides:

[tex]\sf \implies \ln e^{6r}=\ln \dfrac{65}{21}[/tex]

[tex]\sf \implies 6r\ln e=\ln \dfrac{65}{21}[/tex]

[tex]\sf \implies 6r(1)=\ln \dfrac{65}{21}[/tex]

[tex]\sf \implies 6r=\ln \dfrac{65}{21}[/tex]

[tex]\sf \implies r=\dfrac16 \ln \dfrac{65}{21}[/tex]

[tex]\sf \implies r=0.1883108054...[/tex]

Therefore, the interest rate is 18.83% (nearest hundredth)


Related Questions

3w + 4x – 15y + 6w + 7x + 7y
5w + 3y + 9x + 2x - 11y + 4w
7x - 3y + 12w + 5y - 3w + 4x
4w + 3x – y + 5w - 14x - 7y
how many of these are equal?

Answers

Answer:

3w, 4x, 4w, 7y, 7x, 3y,  5w,

Step-by-step explanation:


A 2.25 units
C 5 units
B 4 units
0 16 units

Answers

Answer:

B

Step-by-step explanation:

If 2 chords of a circle intersect, then the product of the parts of one chord is equal to the product of the parts of the other chord , that is

BW × WD = AW × WC ( substitute values )

6 BW = 3 × 8 = 24 ( divide both sides by 6 )

BW = 4 units

Answer:

Option B

Step-by-step explanation:

Intersecting Chords theorem: When two chords intersect inside a circle, the product of their segments are equal.

AW * WC =  WD * BW

3 * 8     = 6 * BW

   [tex]\sf \dfrac{3*8}{6} = BW[/tex]

  BW = 4 units

“Use distributive property to rewrite each expression.”

3(a + 10)

Answers

Answer:

The answer is

3a+30

Step-by-step explanation:

I hope this helped

what is an equation of the line that passes through the points (6,3) and (-6,1)

Answers

Answer: y = [tex]\frac{1}{6}[/tex]x + 2

Step-by-step explanation:

    [1] First, we will graph the points given. See the attachment with [1] in the corner.

    [2] Next, we will find the slope.

    (2a) Using rise over run. See the attachment with [2] in the corner.

    (2b) Use the slope equation:

[tex]\displaystyle \frac{1-3}{-6-6}= \frac{-2}{-12} =\frac{1}{6}[/tex]

    [3] Find the y-intercept. Look to the graph. See the attachment with [3] in the corner.

         This gives us a final answer of y = [tex]\frac{1}{6}[/tex]x + 2

What is the solution of the inequality shown
below?
x-1 < -10

Answers

Answer:

x<-9

Step-by-step explanation:

x−1<−10

Add 1 to both sides.

x<−10+1

Add −10 and 1 to get −9.

x<−9

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Hoped this helped :)

Answer:

x < -9

Step-by-step explanation:

Bring like terms to one side

⇒ x - 1 < -10

⇒ x < -10 + 1

⇒ x < -9

The solution is x < -9 or x is less than negative 9

A rectangle has a perimeter of 42 m and a width of 9 m. What is the length in meters.

Answers

Answer:

12 meters

Step-by-step explanation:

2x9=18 (get both widths)

42-18=24 (take away widths of 9m)

24/2=12 (divide by 2 to get one length)

HELP ASAP * 70 POINTS*

Answers

A = 7 ft                               ( heighest length )B = 5 ft                                ( base length )C = 3 ft                                ( short length )D = 4 ft                                ( long length )

area of triangular prism:

( perimeter x length ) + base x height

[tex]\dashrightarrow \sf (4+3+5) \ x \ 7 \ + 3 \ x \ 4[/tex]

[tex]\dashrightarrow \sf 96 \ ft^2[/tex]

Answer:

Step-by-step explanation:

A =  7 ft

B = 5 ft

C = 3 ft  (base of the triangle)

D =  4 ft  (height of the triangle)

Surface area of prism = base *height + ( B + C + D)*A

                                    = 4*3 + (5 + 3 + 4) * 7

                                    = 12 + 12 *7

                                    = 12 + 84

                                     = 96 square ft.

pls answer i give u anything

Answers

Answer:

the first one is 0.5 inches 1.27 centimeters

the second is 0.25 inches or 0.635 centimeters

Step-by-step explanation:

What is the last step in constructing an angle?
Connect the endpoint and the mark at the angle measure.
Place the center of the protractor on the endpoint of the ray, and line up the ray with the zero line of the protractor
Draw a horizontal ray
Make a mark at the number of degrees you want the angle to be.

Answers

The last step to be carried out in a bid to construct an angle using a protractor is; Connect the endpoint and the mark at the angle measure.

How to construct an angle

In a bid to construct an angle by means of a protractor, it follows that a sequence of steps must be carried out. These steps are as ordered below;

Draw a horizontal rayPlace the center of the protractor on the endpoint of the ray, and line up the ray with the zero line of the protractorMake a mark at the number of degrees you want the angle to be.Connect the endpoint and the mark at the angle measure.

Read more on angle construction;

https://brainly.com/question/8607612

Answer: For the last step you have to connect the endpoint and the mark

Step-by-step explanation:

A stainless steel patio heater is a square pyramid. The length of one side of the base is 19.8 in. The slant height of the pyramid is 93.8 in. What is the height of the​ pyramid?

Answers

The height of the pyramid is 91.686422 in.

Dr. Smith, a biology professor at Bradford University, has decided to give his classes a standardized biology exam that is nationally normed. This indicates that the normal distribution is an appropriate approximation for the probability distribution of students’ scores on this exam. The probability distribution of students’ scores on this standardized exam can be estimated using the normal distribution shown below.

X
X
Inflection Point
Inflection Point
70
78
86
State the mean of the distribution of the biology exam scores.

State the standard deviation of the distribution of the biology exam scores.

Grading Curve Option I
Originally, Dr. Smith decides to curve his students’ exam grades as follows.

Students whose scores are at or above the percentile will receive an A.

Students whose scores are in the – percentiles will receive a B.

Students whose scores are in the – percentiles will receive a C.

Students whose scores are in the – percentiles will receive a D.

Students whose scores are below the percentile will receive an F.

Find the z-scores that correspond to the following percentiles.

percentile

percentile

percentile

percentile

Using that information, find the exam scores that correspond to the curved grading scale. Assume that the exam scores range from 0 to 100. (Round to the nearest whole number.)

A:     –

B:     –    

C:     –    

D:     –    

F:     

Answers

For inflection Points of

707886

The mean and standard deviation are is mathematically given as

x=78

sigma=8

What is Normal distribution?

Normal distribution is simply a symmetrical bell-shaped graph that displays the distribution of numerous random variables.

Generally, the equation for the  mean is mathematically given as

x=total sum /amount

Therefore

x=70+78+80/3

x=78

In conclusion, Inflexion point for normal distribution is given as

[tex]I=\mu+\sigma\\\\\mu+\sigma=86[/tex]

Also

[tex]\mu-\sigma=70[/tex]

Therefore

[tex]78+\d\sigma=86[/tex]

sigma=8

Read more about mean

https://brainly.com/question/20118982

Which of the following is the equation of the circle shown below?

Answers

Answer: A

Step-by-step explanation:

The radius of the circle is 7, and the center is at (6,-2), so if we substitute into the formula for the general equation of a circle, we get answer choice A.

look at point C and D on the graph..
What is the distance (in units) between points C and D? Round your answer to the nearest hundredth.
2.24 units
3.16 units
6.40 units
7.07 units

Answers

Answer: 7.07

Step-by-step explanation:

Jacob had x apple pies. For each lemon pie sold, 10 more than twice the number of apple pies are sold. If jacob has sold 80 lemon pies, how many apple pies were sold.

A) 70
B) 25
C) 35
D) Not Here

Answers

Answer:

C) 35

Step-by-step explanation:

The answer is C because he sold 80 lemon pies and as the question states ten more than twice the number of apple pies were sold .

Subtract 80 by 10 and divide it by 2

80-10=70÷2 = 35

C, u make an equation of 2x+10= 80 and solve

help me please!

I'm a little confused ​

Answers

Answer:

Is A

Step-b-step explanation:

40.5

Find five pairs of integers with a sum of -6

Answers

Answer:

-5, -1

-9, 3

5, -11

-8, 2

-18, 12

Step-by-step explanation:

Answer:

_8 2. c. bbx. hx xhdj audiovisual audible Suffolk erudition Ayrshire Ysidro rump sidi ecru his

You roll a number cube ten times and it lands on a 5 two times. What is the theoretical probability that it lands on a 5 on your next roll?​

Answers

Answer:

2/10 = 1/5

Step-by-step explanation:

It landed five 2 times and you rolled it 10 times

Find the value of x.
х
30°
24

Answers

Answer:

Step-by-step explanation:

x is the opposite side of angle 30°

34 is the adjacent side of 30°

So, find the value of x, we have use tan

[tex]\bf \boxed{ tan \ \theta = \dfrac{opposite \ side}{adjacent \ side}}}[/tex]

[tex]tan \ 30^\circ = \dfrac{x}{24} \\\\\\0.58 = \dfrac{x}{24}\\\\\\0.58*24=x[/tex]

x = 13.92

if a1 = 4 and an = -4a n-1 +5 then find value of a5
please help

Answers

Answer:

Step-by-step explanation:

a1 = 4

a2 = -5(4)-1 = -21

a3 =-5(-21)-1 = 104

a4 = -5(104)-1 =-521

a5 =-5(-521)-1 = 2604

What scale factor was used to dilate STUV to S’T’U’V?

A. 0.20
B. 0.50
C. 0.25
D. 0.75

Answers

Answer: C. 0.25

Step-by-step explanation:

Large Shape: S (-4, 12)   T (2, -4)    U (6, -8)   V (-12, -8)

Small Shape: S (-1, 3)   T (0.5, -1)    U (1.5, -2)   V (-3, -2)

For the smaller shape the distance between V and U is 4.5

For the larger shape the distance between V and U is 18

So when you divide [tex]\frac{4.5}{18}[/tex] you should get 0.25

S: [tex]\frac{-4}{-1}=4[/tex]     [tex]-4 *0.25=-1[/tex]

T: [tex]\frac{2}{0.5}=4[/tex]     [tex]2*0.25=0.5[/tex]

U: [tex]\frac{6}{1.5}=4[/tex]     [tex]6*0.25=1.5[/tex]

V: [tex]\frac{-12}{-3} =4[/tex]    [tex]-12*0.25=-3[/tex]

I hope this helps

A sphere has a volume of 33.5 cubic inches. Which value is closest to the radius of this sphere in inches?

Answers

Answer:

1.9998 inches = radius

Step-by-step explanation:

V=(4/3)πr³

33.5 = (4/3)πx³

33.5 * 3/4 = (4/3)πx³(3/4)

25.125 / π = (πx³) / π

[tex]\sqrt[3]{7.998}[/tex] = [tex]\sqrt[3]{x^3}[/tex]

1.9998 = x

please do number 7. Thank you

Answers

Answer:

search mo po sa goggle

Step-by-step explanation:

I hope it's help

Pls help pls help !!!!!!!

Answers

5/2(a+b) = 5/2a+2b

1/a+b + 5/2a+2b = 2/2a+2b + 5/2a+2b
[*I multiplied by 2 both numerator and denominator so the two fractions have the same denominator*]

= 7/2a+2b

Use the equation A = bh to calculate the height of a parallelogram with an area of 36 square inches and a base of 9 inches

Answers

Answer:

4 inches

Step-by-step explanation:

A = b x h

A = 36

b = 9

36 = 9 x h

4 = h

height = 4 inches

please help me with this question

Answers

Answer:

19

Step-by-step explanation:

you get the answers by counting all the x. every sttudent markes 1 x so the answer is 19

600 people visited the mall today and 8% of these people made a purchase. How many people made a purchase?

Answers

Answer:

48 made a purchase

Step-by-step explanation:

8% of 600

= [tex]\frac{8}{100}[/tex] × 600 ( cancel 100 and 600 by 100 )

= 8 × 6

= 48

The sum of 2 numbers is 55 the greater number is 17 times the smaller number plus 1 find the number

Answers

Answer:

  3, 52

Step-by-step explanation:

The given relation can be expressed by the equation ...

  x +(17x +1) = 55 . . . . . . where x represents the smaller number

__

Solution

  18x = 54 . . . . . . . . . collect terms, subtract 1

  x = 3 . . . . . . . . . divide by 18

The smaller number is 3. The larger number is 55-3 = 52.

Please help; struggling in Algebra

Answers

Answer:

50

Step-by-step explanation:

The mean splits a data set into 50-50

So the answer is 50

What is the equation of the line of the graph?


Question 12 options:


y= 2x + 1



y= -x -2



y= x + 2



y= -2x + 1

Answers

Answer:

y = x+2

Step-by-step explanation:

y = mx +c

y-intercept is +2

so y = mx + 2

the slope of the line is one across one up so

y = x+2

Answer:

Step-by-step explanation:

At y-intercept, x =0

So, from the graph, y-intecept = b = 2

Equation of the line: y =mx +b

y = mx + 2

Choose any point on the line and substitue in the above equation and we get the slope(m)

(-2 ,0)

0 = m*(-2) + 2

0 = -2m + 2

-2 = -2m

-2/-2 = m

m= 1

Equation of the line: y = x + 2

Please help me out! I would also love an explanation on how to find the ratio and the answer​

Answers

Answer:

A

Step-by-step explanation:

This will have slope in it, so bear with me.

We will use the equation [tex]\frac{y(2) - y(1)}{x(2) - x(1)}[/tex] (keep in mind (2) means second and (1) means first)

Lets fill it out.

[tex]\frac{-4-(-1)}{-4-3}[/tex]

It should be [tex]\frac{-3}{-7} or \frac{3}{7}[/tex]

So it is A

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