After how many years, to the nearest whole year, will an investment of $100,000 compounded quarterly at 4% be worth
$213,022?
Provide your answer below:

Answers

Answer 1

9514 1404 393

Answer:

  19 years

Step-by-step explanation:

The compound interest formula tells you the future value of principal P invested at annual rate r compounded n times per year for t years is ...

  A = P(1 +r/n)^(nt)

Solving for t, we get ...

  t = log(A/P)/(n·log(1 +r/n))

Using the given values, we find t to be ...

  t = log(2.13022)/(4·log(1 +0.04/4)) ≈ 19.000

The investment will be worth $213,022 after 19 years.


Related Questions

Sam have worked these hours during the week: 4.5, 8.75, 9.5, 10, and 4.25 hours. How many hours did Sam work?

Answers

Answer:

37 hours

Step-by-step explanation:

4.5 + 8.75 + 9.5 + 10 + 4.25 = 37 hours

Answer:

37 hours

Step-by-step explanation:

4.5 hours = 4 hrs and 30 mins

8.75 hrs = 8 hrs and 45 mins

9.5 hrs = 9 hrs and 30 mins

10 hrs = 10 hrs and 0 min

4.25 hrs = 4 hrs and 15 mins

(30 + 45 + 30 + 15) mins = 2 hrs

Therefore, total hours Sam worked = (4 + 8 + 9 + 10 + 4 + 2) hrs = 37 hours

A population is estimated to have a standard deviation of 9. We want to estimate the population mean within 2, with a 99% level of confidence. How large a sample is required? (Round up your answer to the next whole number.)

Answers

Answer:

The sample required is  [tex]n = 135[/tex]

Step-by-step explanation:

From the question we are told that

     The  standard deviation is  [tex]\sigma = 9[/tex]

      The margin of error is [tex]E = 2[/tex]

     

Given that the confidence level is  99%  then the level of  significance is mathematically evaluated as

         [tex]\alpha = 100-99[/tex]

        [tex]\alpha = 1 \%[/tex]

        [tex]\alpha = 0.01[/tex]

Next we will obtain the critical value  [tex]\frac{\alpha }{2}[/tex] from the normal distribution table(reference  math dot armstrong dot edu) , the value is  

             [tex]Z_{\frac{\alpha }{2} } = Z_{\frac{0.05 }{2} } = 2.58[/tex]

The  sample size is mathematically represented as

          [tex]n = [ \frac{Z_{\frac{\alpha }{2} } * \sigma }{E} ]^2[/tex]

substituting values

           [tex]n = [ \frac{ 2.58 * 9 }{2} ]^2[/tex]

            [tex]n = 135[/tex]

A collection of 30 coins consists of dimes and nickels. The total value is ​$1. 95How many dimes are​ there?

Answers

21 nickels and 9 dimes
9 dimes and 21 nickels

A publishing company claims that in fall 2019, the average price of college textbooks for a single semester is $385. Suppose you decide to collect data from a random sample of students to assess whether the publisher's claim is reasonable, and you find that in a random sample of 22 college students, the mean price of textbooks for the fall 2019 semester was $433.50 with a standard deviation of $86.92. At the 0.01 significance level, is there sufficient evidence to conclude that the mean price of college textbooks for a single semester is different from the value claimed by the publisher?

Answers

Answer:

We accept H₀ . We don´t have enough evidence to express the publisher claim is not true

Step by Step explanation:

We must evaluate if the mean of the price of college textbooks is different from the value claimed by the publisher

n < 30 then we must use t - distrbution

degree of freedom   n  - 1     df = 22 - 1     df = 21

As the question mentions " different " that means,  a two-tail test

At 0,01 significance level     α  = 0,01       α/2  =  0,005

and t(c)  = 2,831

Test Hypothesis

Null Hypothesis                      H₀          μ  =  μ₀

Alternative hypothesis           Hₐ          μ  ≠  μ₀

To calculate t(s)

t(s)  =  (  μ  -  μ₀ ) /σ/√n

t(s)  =  (  433,50 - 385 ) / 86,92 / √22

t(s)  =  2,6171

Comparing   t(c)   and t(s)

t(s) < t(c)

Then  t(s) is in the acceptance region we accept H₀. We don´t have enough evidence to claim that mean price differs from publisher claim

please help me to answer this question​

Answers

Where’s the question

Answer:

I can not see any questions

pls help ill give brainleist

Answers

3 no. Answer is 33 in my gess

The average person lives for about 78 years. Does the average person live for at least 1,000,000 days? (Hint: There are 367 days in each year.)
what i

Answers

Answer:

[tex]\large \boxed{\sf No}[/tex]

Step-by-step explanation:

There are 365 days in 1 year.

The average person lives for about 78 years.

Multiply 78 by 365 to find the value in days.

[tex]78 \times 365= 28470[/tex]

The average person lives for about 28470 days.

Answer: No

Explanation:

78 x 367 = 28,626 days

And 28,626 days < 1,000,000 days

So an average person cannot live 1,000,000 days

Hope this helps!

a day? 6. If 18 pumps can raise 2150 tonnes of water in 50 days, working 8 hours a day, how much water will be raised in 60 days by 16 out of which 10 are working 9 hours a day and the rest 7 hours a day?

Answers

Given, 18 pumps----2170 tonnes----10*7 hrs.
So, 16 pumps-------2170 tonnes----10*7*18/16 hrs.
And, 16 pumps-------1736 tonnes----10*7*(18/16)*(1736/2170)hrs. = 63 hrs.

So, no. of days req.= 63/9 = 7 days

BOND VALUATION Asiana Fashion's bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8% and thebyield to maturity is 9%.What is the bond's current market price?​

Answers

Answer:

$935.76

Step-by-step explanation:

BOND VALUATION Asiana Fashion's bonds have 10 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 8% and thebyield to maturity is 9%.What is the bond's current market price?​

Step 1

We find the Present value factor of sum

The formula =

(1 + i)^n

Where

i = maturity rate = 9% = 0.09

n = number of years = 10 years

Present Value = ( 1 + 0.09)^-10

= 0.4224

Step 2

We find the present value factor of annuity

The formula is given as:

1 - (1+i)^-n / i

i = maturity rate = 9% = 0.09

n = number of years = 10 years

= 1 - (1 + 0.09)^-10 /0.09

= 1 - 0.4224 /0.09

= 0.5775 /0.09

= 6.417

Step 3

The bond's current market price is calculated as:

= PV factor of Sum × Par Value + PV factor of annuity × coupon payment

Coupon payment is calculated as:

= Coupon interest × par value

= 8% × 1000

= 80

Hence,

= 0.4224 × 1,000 + 6.417 × 80

= 422.4 + 513.36

= 935.76

In this exercise we have to use the knowledge of finance to calculate the corrective value of the market place, in this way we find that:

[tex]\$935.76[/tex]

We find the Present value factor of sum, by the formula of:

[tex](1 + i)^n[/tex]

Where:

i = maturity rate = 9% = 0.09 n = number of years = 10 years

Substituting the values ​​in the formula as;

[tex]Present \ Value = ( 1 + 0.09)^{-10} = 0.4224[/tex]

We find the present value factor of annuity, by the formula as:

[tex]1 - (1+i)^{-n} / i[/tex]

Where:

i = maturity rate = 9% = 0.09 n = number of years = 10 years

Substituting the values ​​in the formula as;

[tex]= 1 - (1 + 0.09)^{-10} /0.09\\= 1 - 0.4224 /0.09\\= 0.5775 /0.09\\= 6.417[/tex]

The bond's current market price is calculated as:

[tex]= PV \ factor\ of\ Sum * Par\ Value + PV\ factor\ of\ annuity * coupon\ payment[/tex]

Coupon payment is calculated as:

[tex]= Coupon\ interest * par\ value\\= 8\% * 1000= 80[/tex]

So continue the calcule;

[tex]= 0.4224 *1,000 + 6.417 * 80\\= 422.4 + 513.36\\= 935.76[/tex]

See more about market place at brainly.com/question/24518027

Verify the identity algebraically:
Csc(-x)tanx =-secx

Answers

Step-by-step explanation:

Recall that

[tex]\sin(-x) = -\sin x[/tex]

Therefore,

[tex]\csc(-x) = \dfrac{1}{\sin(-x)} = -\dfrac{1}{\sin x}[/tex]

so

[tex]\csc(-x)\tan x = \left(-\dfrac{1}{\sin x}\right)\left(\dfrac{\sin x}{\cos x}\right)[/tex]

[tex]\:\:\:\:\:\:\:\:\:= -\dfrac{1}{\cos x} = -\sec x[/tex]

Which best describes the relationship between the line that passes through the points (9, -1) and (11,3) and the line that passes through
the points (-6, 4) and (-4,0)?

Answers

Answer:

Option B, parallel

Step-by-step explanation:

for the first line,

[3-(-1)]/[11-9]

= 4/2 = 2

for the second line,

(0-(-4))/(-4-(-6))

= 4/2 = 2

Both has same slope so they're parallel but it doesn't seem like they are the same line

work out the value of y when x = 4 30 points

Answers

Answer:

y = 54/25 when x = 4.

Step-by-step explanation:

y is given by the equation:

[tex]\displaystyle y = p\times q^{x-1}[/tex]

Where p and q are numbers.

We are also given that when x = 1, y = 10 and when x = 6, y = 0.7776.

And we want to determine the value of y when x = 4.

Since y = 10 when x = 1:

[tex]\displaystyle (10) = p\times q^{(1)-1}[/tex]

Simplify:

[tex]10 = p \times q^0[/tex]

Any number (except for zero) to the zeroth power is one. Hence:

[tex]p=10[/tex]

Thus, our equation is now:

[tex]y = 10\times q^{x-1}[/tex]

When x = 6, y = 0.7776. Thus:

[tex](0.7776) = 10\times q^{(6)-1}[/tex]

Simplify and divide both sides by ten:

[tex]\displaystyle 0.07776 = q^5[/tex]

Take the fifth root of both sides:

[tex]\displaystyle q = \sqrt[5]{0.07776}[/tex]

Use a calculator. Hence:

[tex]\displaystyle q = \frac{3}{5} = 0.6[/tex]

Our completed equation is:

[tex]\displaystyle y = 10\times \left(\frac{3}{5}\right)^{x-1}[/tex]

Then when x = 4, y equals:

[tex]\displaystyle \begin{aligned} y &= 10\times \left(\frac{3}{5}\right)^{(4)-1} \\ \\ &= 10\times \left(\frac{3}{5}\right)^3 \\ \\ &= 10\times \left(\frac{27}{125}\right) \\ \\ &= \frac{54}{25}\end{aligned}[/tex]

(3) In a group of 60 seldiers have enough food for
20 days - How many soldiers should leave the group
so that the food is enough for 100 days ? Find it.​

Answers

Answer:

48 soldiers

Step-by-step explanation:

60 soldiers                    20 days

x soldiers                       100 days

60 x 20 = 1200 = 100x

Therefore x = 1200/100 = 12

60 - 12 = 48

Hope that helped!!! k

Answer:

30 Soldiers

Step-by-step explanation:

Given:

1) No of soldiers=60

No of days=20

2) No of days=100

No of soldiers=?

No of soldiers to leave=?

Solution:

Let us use the cross multiplication method.

Let x be the no of soldiers.

No of days                                     No of  soldiers

1) 20                                                     60

2) 100                                                    x

by cross multiplying,

20x=100 x 60

20x=600

x=600/20

x=30 soldiers

Therefore, No of soldiers to leave =60-30=30 soldiers

Please help me answer this question?

Answers

Answer:

2+2

Step-by-step explanation:

2 + 4!

3-5

3_4

3-6

2-5

2+5

2_3

2-5

Answer:

(A) 12x³ - 12x

(B) -288

(C) y = -288x - 673

(D) x = 0, 1, -1

Step-by-step explanation:

See images. If it's not clear let me know.

what would it be help!

Answers

Answer:

35°

Step-by-step explanation:

If BCD is 75, then BCA is 105.

105+40=145

180-145=35

So ABC is 35°

Put the following equation of a line into slope-intercept form, simplifying all
fractions.
3x + 3y = -9

Answers

Answer:

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

Step-by-step explanation:

We are trying to get the equation [tex]3x + 3y = -9[/tex] into the form [tex]y = mx+b[/tex], aka slope-intercept form.

To do this we are trying to isolate y.

[tex]3x + 3y = -9[/tex]

Subtract 3x from both sides:

[tex]3y = -9 - 3x[/tex]

Rearrange the terms:

[tex]3y = -3x - 9[/tex]

Divide both sides by 3:

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

Hope this helped!

in a children of 700 inmates,25% are living with polio and 30% are girls . if 30% og the girls have polio, how many are the boys without polio

Answers

Answer: 378 Boys

Explanation:

Total no. Inmates = 700

Living with polio = 25/100×700

= 175 inmates

Total girls = 30/100×700

= 210 Girls

30% of girls Having polio = 30/100×210

= 63 Girls

Total Boys = 700 - 210

= 490 Boys

Total boys with polio = 175 - 63

= 112 boys

Boys without polio = 490 - 112

= 378 boys

Must click thanks and mark brainliest

Which expression is equivalent to RootIndex 4 StartRoot x Superscript 10 Baseline EndRoot?

Answers

Answer:x2.2

Step-by-step explanation:

a company should stop making a part internally and buy externally when

Answers

Answer:

Make-or-Buy Decision

Step-by-step explanation:

John receives a perpetuity paying 2 at the end of year 4, 4 at the end of year 6, 6 at the end of year 8, etc. The present value of this perpetuity at an annual effective rate of 10% equals X. Calculate X

Answers

Answer:

45.35

Step-by-step explanation:

From the above question, we are told that the annual effective rate = 10% = 0.10

Note also that payment is been made every 2 years

Hence , we apply the formula of effective interest rate for a period of 2 years.

Effective Interest rate(j) = (1 + r)² - 1

= (1 + 0.10)² - 1

= 1.10² - 1

= 1.21

= 0.21

Present value of perpetuality = t/[j × j/(1 + r)²]

Where t = time in years = 2

r = 0.10

= 2/ [0.21 × 0.21/(1 + 0.10)²

= 54.87528

Present value at time t = 0

= 54.87528(1 + r)^-2

= 54.87528(1 + 0.10) ^-2

= 54.87528(1.10)^-2

= 45.35

Therefore, the present value at time (t) is 0 = 45.35

Find the area (in square feet) of a rectangle that measures 17" × 3'10".

Answers

Answer:

65 feet and 2 inches

Step-by-step explanation:

to find the area of a rectangle you need to multiply length times width in this case 17" times 3'10". But first you must convert everything into the same form(in this case feet) so first you can convert everything to inches by multiplying 3 times 12  which gives you 36 then add the 10, so it is now 46 inches then multiply that by 17 and altogether it is 782 inches, then divide by 12 (to convert it back to feet) and the answer is 65.1666666667. After you can round and get 65 feet and 2 inches.

Question 5 of 10
Which of these groups of values plugged into the TVM Solver of a graphing
calculator will return the amount of a 20-year loan with an APR of 19.2%,
compounded monthly, that is paidoff with monthly payments of $510?
A. N=20; 1%=19.2; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12;
PMT:END
B. N=240; 1%=19.2; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12;
PMT:END
C. N=240; 1%=1.6; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12;
PMT:END
O D. N=20; 1%=1.6; PV = ; PMT=-510; FV=0; P/Y=12; C/Y=12; PMT:END

Answers

Answer:

N=240;I%=5.6=-205000;PMT=;Fv=0;P/Y=12;C/Y=12;PMT:END

Step-by-step explanation:

A P E X

The group of values to be plugged into TVM solver is

N=240 ; I % = 19.2% , P = -205000 , PMT= -$510, Fv =0 , P/Y =12.

We have 20  year loan then the number of periods will be

N = 20 x 12

N= 240

and, the Monthly payment is $510 then

PMT = - 510

and, Interest = 19.2%

and, PV = - 205, 000

Thus, N=240 ; I % = 19.2% , P = -205000 , PMT= -$510, Fv =0 , P/Y =12.

Learn more about TVM here:

brainly.com/question/5566317

#SPJ7

Hurry quick i have more questions answer then all for a total of about 100 points

Answers

Answer:

1/5

Step-by-step explanation:

.7555555(repeating )

writing as a fraction

x = .755555555

10 x = 7.555555

Subtract the two

10x = 7.555555

-x =     .75555555

--------------------------

9x  =6.8

Divide each side by 9

x = 6.8/9

x = 68/90

Divide by 2

x = 34/45

We do the same  for .555555 repeating

y = .5555 repeating

10 y = 5.5 repeating

10y  = 5.5

-y =       .555

-------------------

9y = 5

y = 5/9

Subtract x - y

34/45 - 5/9

Get a common denominator

34/45 - 25/45

9/45

1/5

find the value of x? please help​

Answers

Answer:

49

Step-by-step explanation:

With these types of problems, you have to subtract the outer and inner values and then divide by 2. So, (125-27)/2 = 49. Hope this helps!

the value of x is 49

The function g(x) = x2 is transformed to obtain function h:
h(x) = g(x) – 5.
Which statement describes how the graph of his different from the graph of g?
A.
The graph of h is the graph of g horizontally shifted right 5 units.
B.
The graph of h is the graph of g vertically shifted up 5 units.
C.
The graph of h is the graph of g vertically shifted down 5 units.
OD.
The graph of h is the graph of ghorizontally shifted left 5 units.

Answers

Answer:

Option C

The graph of g is vertically shifted 5 units down

Lauren has 108 pieces of candy leftover from Halloween. She would like to distribute them evenly to the 9 kids on her block. Write an equation to show how many pieces of candy each kid will receive. 9 + x = 108 x = 108 − 9 x = one hundred eight divided by nine x = nine divided by one hundred eight

Answers

Answer: x = 108/9

Explanation:

X = 108/9 = 12

So each kid get 12 pieces of candy

Answer:

9 x =108

Step-by-step explanation:

Let the number of candies be x.

According to the question,

x=108/9

We can also write it as,

9 x=108

By the way ,each child will get 12 candies.

Thank you!

work out missing angle following polygons​

Answers

Answer:

x = 150°

Step-by-step explanation:

Interior angle of a hexagon = 120° and interior angle of a square = 90°

so remaining angle, 360-120-90 = 150°

given the circle find the arc measure

Answers

9514 1404 393

Answer:

  87°

Step-by-step explanation:

Call the circle center point X. The measure of arc FG is the measure of central angle FXG, which is the supplement of central angle GXH.

 arc FG = 180° -93° = 87°

find the product of 3 and 1/2 and 1.6

Answers

Answer:

5.6

Step-by-step explanation:

3.5 x 1.6

It all depends on where the parentheses are in the question.

(3) · (1/2) · (1.6)  =  2.4

or

(3-1/2) · (1.6)  =  5.6

Find the greatest common factor of 65a3b4 and 39a4b5.

Answers

Step-by-step explanation: Let's begin by finding the

greatest common factor for the numbers 65 and 39.

I would make a factor tree and break up 65 and 39.

So 65 is 13 x 5 and 39 is 13 x 3.

Since the 13's match up, the greatest

common factor between 65 and 39 is 13.

For the variables, we use the smallest power on each of them.

So we use a^3 and b^4 to get 13a^3b^4 as our GCF.

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