Hector invests $10,000 at age 21. He hopes the investments will be worth $150,000 when he turns 50. If the interest compounds continuously, approximately what rate of growth will he need to achieve his goal? Write your answer as a percentage rounded to one decimal place.

Answers

Answer 1

Answer:

9.33%

Step-by-step explanation:

Step one:

given

Principal= $10,000

Final amount = $150,000

time = 50-21= 29 years

Required

The rate

Step two:

to solve for the rate we can apply the formula for rate as

r = ln(A/P) /t

r= ln(150000/10000)/29

r= ln(15)/29

r=2.7080502011/29

r=0.0933

r= 0.0933*100

r= 9.33%


Related Questions

PLEASE HELP ME WITH THIS I NEED HELP ASAP

Answers

Answer:

25:10

Step-by-step explanation:

Re-write the quadratic function below in Standard Form

Answers

Answer: y=7x^2−42x+69

Step-by-step explanation:

Mr. Gengel wants to make a TV stand with boards that are
2 2/3 feet long. If he has a 24-foot board, how many pieces
can he cut from the big board?

Answers

Answer:

Step-by-step explanation:

2 2/3 = 8/3

24 ÷ 8/3

= 9

Last week, Thomas ran miles. This week, he plans to run as far as he ran last week. How many miles does Thomas plan to run this week?

Answers

Uh... I’m not sure if this is the same problem but I hope this helps...
2x

Miles = x

So x + x = 2x

write the equation for (3,3) and (1,-3)

Answers

Answer:

y = 3x -3

Step-by-step explanation:

Find the slope first

Givens

y2 = 3

y1 = - 3

x2 = 3

x1 = 1

Equation

m= (y2 - y1)/(x2 - x1)

Solution

m = (3 - - 3) / (3 - 1)

m = (3 + 3) / 2

m = 3

Find the y intercept next

Use either point to find the y intercept

y = 3x + b

x = 3

y = 3

y = 3*3 + b

3 = 6 + b

-3 = b

Answer

y = 3x - 3

A rectangle and an equilateral triangle have the same perimeter. The perimeter of the rectangle is 6 ( 1 2 x + 5 ) inches. The perimeter of the triangle is 4 ( x − 2 ) inches. What is the perimeter of each figure?

Answers

Answer:

-328/34

Step-by-step explanation:

Here,

Perimeter of rectangle = 6(12x+5)

Perimeter of equilateral triangle = 4(x-2)

Since they are equal, 6(12x+5) = 4(x-2)

or, 72x + 30 = 4x - 8

or, 68x = -38

or, x= -38/68 or -19/34

Now,

Area of triangle ( or rectangle whichever you prefer)

= 4* -19/34 - 8

= -76/34 - 8

= - 328/34

8+3m= -7
3m= -7-8
3m= -15
How to verify this answer

Answers

Answer:

see below

Step-by-step explanation:

8+3m= -7

Subtract 8 from each side

3m+8-8= -7-8

Combine like terms

3m= -15

Divide each side by 3

3m/3 = -15/3

m = -5

Check

8+3m= -7

8+3(-5) = -7

8-15 = -7

-7 = -7

m = -5 is the solution

Step-by-step explanation:

8+3m=-7

3m= -7-8

3m=-15

m= -5

If g(x) = x2 + 2, find g(3). (2 points)
9
8
11
6

Answers

Answer:

The answer is 11

Step-by-step explanation:

so substitute 3 for x, then your equation would be 3^2 + 2

3^2 is 9

9 + 2 = 11

A contractor purchases 5 dozen pairs of padded work gloves for ​$67.20. She incorrectly calculates the unit price as ​$13.44 per pair for the expense report. What is the correct unit​ price? What is the​ error?

Answers

Answer:

13.44

Step-by-step explanation:

she is right...........

Answer:

The correct unit price is $1.12 per pair. The error comes from dividing $67.20 by only 5 pairs (instead of 60 pairs).

Step-by-step explanation:

The contractor should have calculated the unit price as $67.20 divided by 60 pairs. Five dozen pairs is 5x12=60. This results in $67.20/60=$1.12 per pair. The error comes from dividing $67.20 by only 5 pairs (instead of 60 pairs).

What is the value of x and the length of segment DE?
E
F
1.5 = 2x + 3
2. 10x + 15 = 9(9)
9
2x+3
x=
Length of DE =
units
D
5
С

Answers

Answer:

x= 6.6     Length of DE= 16.2

Step-by-step explanation:

I got it right on edge

40 POINTS THERE IS MORE THAN 1 ANSWER BRAINLIEST IF CORRECT
Which of the following statements are true regarding the direction of a number? Select all that apply.
A.It is the absolute value of the number.
B.A negative direction is to the left of zero on a horizontal number line.
C.Numbers have no direction.
D.A positive direction is to the right of zero on a horizontal number line.

Answers

Answer:

Whole numbers are also integers. There are other integers which are the opposites of the whole numbers (−1, −2, −3, ...). These negative numbers lie to the left of 0 on the number line. Integers are the whole numbers and their opposites.

6x + 15 = 9x
Pls help me get the answer for x

Answers

Answer:

Step-by-step explanation:

X=5

what property is 2 + (8 + 3) = (2 + 8) + 3

Answers

Answer:

Step-by-step explanation:

The property is commutative property because the numbers can be moved or swapped without making the answer different.

Not sure

find the aspect ratio width/length of a ping-pong table which is 108 inches long and 5 feet wide. If child's
ping-pong table has the same aspect ratio and it has a width of 3 feet, how long is the table in inches.

Answers

When it comes to what is the size of a ping pong table, the official ones are 2.74 m long and 1.525 m wide, with a height of 76 cm, according to ITTF (International Table Tennis Federation). The height of such a table must be 76 cm above the floor, and the surface must be flat.

please find the value of x :)

Answers

Answer:

x = 16

Step-by-step explanation:

90 = x+8+66

x = 90-74

x = 16

Answer:

16

Step-by-step explanation:

:D

How many Triangles are in this Triangle

Answers

Answer:

7

Step-by-step explanation:

The number of triangles in the figure is given as 15 triangles.

Given that,
To determine the number of triangles inside the triangles.

What are permutation and combination?

In arithmetic, combination and permutation are two different ways of grouping elements of a set into subsets. In combination, the components of the subset can be recorded in any order. In a permutation, the components of the subset are listed in a distinctive order.

here,
here in the figure inside the parent figure, there are 6 segments that contribute two triangles in the figure,
Number of triangle  = 6C2
Number of triangle = 15

Thus, the number of triangles in the figure is given as 15 triangles.

Learn more about permutations and combinations here: https://brainly.com/question/2295036

#SPJ2




can u help me to solve this​

Answers

Answer:

3b(2a+1)(2a-1)

Step-by-step explanation:

12a²b-3b

3b(4a²-1)

3b{(2a)²-1²)}

3b(2a+1)(2a-1)

5.1 is 102% of what number?

Answers

Answer:

it is 5

Step-by-step explanation:

102% x 5 =5.1

if you times each answer with you percentage you get the answer

Using the principle of percentage approximation, the value of the number, n is 5

Let the number = n

We then write the expression thus :

(102/100) × n = 5.1

1.02n = 5.1

n = 5.1 / 1.02

n = 5

Therefore, the number, n in which 102% gives a value of 5.1 is 5

Learn more :https://brainly.com/question/19802693

what is 5 1/3 - 3 5/6 I keep getting the wrong answer and I need the answer as a fraction

Answers

Answer:

3/2

Step-by-step explanation:

If you wanted whole number, it would be 1 1/2, but you said as a fraction, so that would be 3/2

Compare using >, <, or =,
64 ounces
4 pounds

Answers

Answer:

64 ounces = 4 pounds

Step-by-step explanation:

Question 11

Write the following in order of size, largest first.

sin 1580

cos 1589

cos 38°

sin 38

Answers

Answer:

cos 38, sin 38, sin 1580, cos 1589

b. Factorize using middle term break 3d2 - 16dc – 12c2

Answers

Step-by-step explanation:

Given

3d² - 16dc - 12c²

Using middle term break

= 3d² - (18 - 2 )dc - 12c²

= 3d² - 18dc - 2dc - 12c²

= 3d( d - 6c) - 2c( d - 6c)

= ( d - 6c) ( 3d - 2c)

Hope it helps and have a great day onwards

Answer:

= 3d² - (18 - 2 )dc - 12c²

= 3d² - 18dc - 2dc - 12c²

= 3d( d - 6c) - 2c( d - 6c)

= ( d - 6c) ( 3d - 2c)

Step-by-step explanation:

Solve for x: 3x +4= 9.2 + 3
1
A 3
B
6
1
3
None of the above.
D

Answers

The answer is D none of the above because the actual answer is 12.06 repeating. Hope this helps.

Pleaseeee helpppp !!!!!!!! Will mark Brianliest !!!!!!!!!!!!!

Answers

Answer:

These are similar triangles.

By changing the length of the base of the corresponding triangle, the 3 interior angles of this triangle remain equal to the original

Therefore, if these triangles are similar, their corresponding sides must give equal ratios to each other:

This means that BF/FE = BC/CD=FC/ED

The total length of line segment BD=BC+CD; BC=6, CD=42; BD=6+42, BD=48

BE=BF+FE; BE=9+?

if BF/FE=BC/CD then 9/BE=6/42; 6/42=3/21 or 1/7. 9/BE=1/7; 1/7=9/BE

1x9=9, 7x9=63

63=BE

Step-by-step explanation:

Answer:BE is equal to 72.

Step-by-step explanation: They are similar triangles. We know CD and BC. So we can find the comparison between the two. And we see that BC x 7 = CD. So the same will be said for BF and FE. We have BF is equal to 9. So 9 x 7 = 63. However, now we need to add the two together in order to get BE. Because BF + FE = BE. So 9 + 63 = 72

Which value is equivalent to 7 multiplied by 3 multiplied by 2 whole over 7 multiplied by 5, the whole raised to the power of 2 multiplied by 7 to the power of 0 over 5 to the power of negative 3, whole to the power of 3 multiplied by 5 to the power of negative 9? (1 point)

Answers

Answer:

36/25

Step-by-step explanation:

7 multiplied by 3 multiplied by 2 whole over 7 multiplied by 5, the whole raised to the power of 2 multiplied by 7 to the power of 0 over 5 to the power of negative 3, whole to the power of 3 multiplied by 5 to the power of negative 9

((7 * 3 * 2)/(7 * 5))^2 * (7^0/5^-3)^3 * 5^-9 =

= (42/35)^2 * (1 * 5^3)^3 * 5^-9

= (6/5)^2 * 5^9* 5^-9

= 36/25 * 5^0

= 36/25

what is the solution (x,y) to the system of equations? x=10 3x+5y=20​

Answers

Answer:

(10, -2)

Step-by-step explanation:

x = 10 (its given in the problem)

then plug in 10 for x in the second equation and solve for y

3(10) + 5y = 20

30 + 5y = 20

5y = -10

y = -2

so the solution is (10, -2)

find the slope of the the line graphed

Answers

Answer:

[tex]m=\frac{-5}{2}[/tex]

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Slope Formula: [tex]m=\frac{y_2-y_1}{x_2-x_1}[/tex]

Step-by-step explanation:

Step 1: Define

Find points from graph.

Point (1, 1)

Point (3, -4)

Step 2: Find slope m

Simply plug in the 2 coordinates into the slope formula to find slope m

Substitute [SF]:                    [tex]m=\frac{-4-1}{3-1}[/tex]Subtract:                              [tex]m=\frac{-5}{2}[/tex]

What is additive inverse for 23 ?

Answers

Answer:23

Step-by-step explanation:

:)

Additive inverse of 23 will be -23

Its the opposite which is negative on the number line

Al considerar 52 m como la distancia entre dos puntos situados realmente 53.06 m

Answers

Put this in English then I can help you

On dividing a natural number by 13, the remainder is 3 and on dividing the same number by 21, the remainder
is 11. Ifthe number lies between 500 and 600, then the remainder on dividing the number by 19 is​

Answers

9514 1404 393

Answer:

  4

Step-by-step explanation:

The least common multiple of 13 and 21 is 274, so the number of interest will be 10 less than that. The value in the given range is ...

  2(274) -10 = 536

We are interested in the remainder from 536/19, which is 4.

__

536 = 13·41 +3 = 21·25 +11 = 19·28 +4

Other Questions
help will make brainlest What is the limit of [(x+2) /(x+1)] ^x as x approaches to infinity? V = 2s^3If s = 3.5 units, what is the value of V? The photo shows the answers available. miles perA person travels from New York to Washington at the rate of 45hour and comes backs to the New York at the rate of55 miles per hour. What is his average speed for the wholejourney?A. 50 mi/hrB. 60 mi/hrC. 70 mi/hrD. 80 mi/hr PLEASE HELP ME SOMEONE PLEASE ITS DUE NOWJoe is unsure how to correctly use an apostrophe in his writing. In 1 to 2 sentences, explain to Joe how to use an apostrophe to show possession and to form contractions. (x - 2)^5 binomial expansion How far back can we trace the origin of this quotation (what century)? How can caregivers foster motor development What doesGenghis Khanmean? Which of these countries does not share a border with Libya?A. Egypt B. Sudan C. Morocco D. Niger Sara and Harry are putting together a puzzle. Sara put together 7/12 of the puzzle pieces. Harry put together 7/24 of the puzzle pieces. What fraction of the total number of puzzle pieces has NOT been used? Enter your answer as a fraction, in simplest form, in the box provided. help plz, I don't know how to find the answer H=156-8t-16t^2 in seconds Northern Wood Products is an all-equity firm with 16,300 shares of stock outstanding and a total market value of $354,000. Based on its current capital structure, the firm is expected to have earnings before interest and taxes of $27,000 if the economy is normal, $14,800 if the economy is in a recession, and $39,200 if the economy booms. Ignore taxes. Management is considering issuing $88,600 of debt with an interest rate of 8 percent. If the firm issues the debt, the proceeds will be used to repurchase stock. What will the earnings per share be if the debt is issued and the economy is in a recession Edna learned to sing a total of 16 pieces over the course of 8 weeks of voice lessons. After 10 weeks of voice lessons, how many pieces will Edna be able to sing, in total? Assume the relationship is directly proportional. what strategies do you suggest to overcome such discrimination against girls prime number between 60 and 80. the tens digit is one less than the ones digit. what is the number Will mark brainliest How did the enlightenment influence the devil of the American revolution?A) The enlightenment rejected the idea of a social contract between citizens.B) The enlightenment rejected traditional social, religious, and political values.C) The enlightenment rejected the concept of the rule of law.D) The enlightenment rejected rational, evidence-based thinking. A boulder, initially at rest, falls off the top of an overhanging cliff during a storm. The cliff is 96 feet high. How long will it take to hit the road below? Round your answers to the nearest thousandth.Dropped: h(t)=-16t^2+s Juwan eagerly opened an online trading account, believing that his market savvy would allow him to pick stocks that would make him a rich day trader. This belief best illustrates... a scientific attitude a scientific attitude critical thinking critical thinking overconfidence overconfidence hindsight bias