Find the doubling time of an investment earning 3% interest if interest is compounded continuously?

Answers

Answer 1

Answer:

Time taken (n) = 23.4 years

Explanation:

Given:

Present value (P) = P

SO,

Future value (A) = 2P

Interest rate (r) = 3 % = 0.03

Find:

Time taken (n)

Computation:

[tex]A = p (1+r)^n\\\\ 2P = P(1+0.03)^n \\\\ 2 = (1.03)^n \\\\ n = 23.4 \ years[/tex]

Time taken (n) = 23.4 years

Answer 2
The time taken will be "23.4 years".

Given values:

Interest rate,

r = 3%

          = 0.03

Let,

Present value = PFuture value = 2P

The computation will be:

→ [tex]A = p(1+r)^n[/tex]

By substituting the values,

 [tex]2P = P(1+0.03)^n[/tex]

    [tex]2 = (1.03)^n[/tex]

    [tex]n = 23.4 \ years[/tex]

Thus the above answer is correct.

Learn more about interest here:

https://brainly.com/question/14445709


Related Questions

taught Frederick Douglass to read when he was a slave

Answers

Answer:

Douglass credits Hugh's wife Sophia with first teaching him the alphabet. From there, he taught himself to read and write. By the time he was hired out to work under William Freeland, he was teaching other enslaved people to read using the Bible

From whose perspective is this map constructed? A neutral perspective A colonial perspective Unique perspective of the cartographer An Indian perspective A Sri Lankan perspective

Answers

Answer:

A Neutral Perspective.

Explanation:

Note the bottom copyright colormark. It is by the Encyclopedia Britannica, which is based in the U.S. and the U.K. (primarily a U.K. site).

Based on this information, most likely the information is not biased towards either side, as it is just a map. If anything, one can assume that the image was posted near when the book talks about Sri Lanka.

~

Answer:

A Sri Lankan perspective

Explanation:

explain triangular trade

Answers

Explanation:

The triangular trade was the three-legged route that made up the Atlantic slave trade. The trade traffic flowed to and from three general areas on either side of the Atlantic Ocean. These areas form a rough triangle when viewed on a map. They were in Europe, Africa, and the Americas.

How were the native peoples of the Americas living prior to European contact?

Answers

Answer:

Explanation:

D. They were divided into many diverse cultures speaking more than 2,000 different languages

On a coordinate plane, line M N goes through (negative 4, 0) and (4, 2). Point P is at (2, negative 4). Which point on the x-axis lies on the line that passes through point P and is perpendicular to line MN? (0, 1) (0, 4) (1, 0) (4, 0)

Answers

Answer:

C, (1,0)

Explanation:

A perpendicular line is when 2 lines cross each other with right angles, which are 90⁰ angles. Two lines are only perpendicular when the lines slopes are negative reciprocals to each other.

To find the slope of the first graph use, (y2-y1)/(x2-x1)

This is, 2-0/4+4

2/8

1/4 is the slope for the first line.

The negative reciprocal of this is -4.

We are also looking for a point on the x axis, so this eliminates answer choice A, and B, because they aren't even on the x axis.

When you test out answer choice c it will show that,

-4-0/2-1=-4/1 which is just -4.

These points on line p will pass each other when you add +4, y=-4x+4. So because of both of these lines negative reciprocating slopes, it shows that it will be answer C.

The point on the x-axis that is perpendicular to MN and passes through point P is: C. (1, 0).

What is the Slope of Perpendicular Lines?

The slope values of lines that are perpendicular to each other are negative reciprocals.

Slope of MN = rise / run = [tex]\frac{y_2 - y_1}{x_2 - x_1} = \frac{2 - 0}{4 - (-4)} = \frac{2}{8} = \frac{1}{4}[/tex]

Thus, the slope between the point on line MN and point P, making both lines perpendicular would be negative reciprocal of 1/4, which is -4.

Let (x1, y1) represent the point we are looking for.

(2, -4) = (x2, y2)

Slope = -4

Therefore:

[tex]\frac{-4 - y_1}{2 - x_1} = -4[/tex]

-4 - y1 = -4

-y1 = -4 + 4

-y1 = 0

y1 = 0

2 - x1 = 1

-x1 = 1 - 2

-x1 = -1

x1 = 1

The coordinate of the point is: C. (1, 0).

Learn more about the slope of perpendicular lines on:

https://brainly.com/question/1362601

#SPJ9

Family counselors often view the family system as their client and treat the family as one entity, as opposed to treating individual family members, and our laws a. Favor the rights of families as a whole over the rights of individual family members. b. Support family counselors by also viewing the family system as one entity. c. View family members as having separate and distinct rights and responsibilities that are individual in nature. d. Create a “fiction” that a family is a person under the law. e. Do not recognize that families exist in our society.

Answers

Answer:

view the family members as having separate and distinct rights and responsibilities that are individual in nature

Explanation:

Family counselling refers to a kind of psychotherapy that can help to achieve one or more goals. It can help to strengthen interactions and understand relationships within a family. It may discuss the needs and responsiblity of the family, when one member struggles from a mental or physical disorder that adversely affectst her's actions or behaviors. The counselor frequently serves as a moderator in family therapy, where he or she is trying to make sure that each member of the family gets a reasonable chance to share concerns and contribute to the discussion about how the family can perform better.

What the correct answer

Answers

Answer:

I'm scratching my head.

Your screenshot shows that you marked 'Wilson' as your answer, yet you are asking now for a correct answer.  The correct answer *IS* 'Wilson'  !!

Explanation:

Doanh thu bán hàng được ghi nhận khi:

Answers

Answer:

Thu hang duoc nhan khi doanh

the balance of payment between Vietnam and Iran

Answers

Answer:

ESTA SPEAK SPANISH?

Explanation:

PIB anual 2019 294.361M.€ 556.579M.€ 2020 PIB anual

PIB anual 2019 329.537M.$ 635.724M.$ 2020 PIB anual

PIB Per Capita 2019 3.051€ 6.684€ 2020 PIB Per Capita

PIB Per Capita 2019 3.415$ 7.635$ 2020 PIB Per Capita

Please help! Lorraine and Jake can produce any combination of peaches and nectarines described by the production possibilities curve above using the same amount of resources. Who has the absolute advantage in the production of each product? Explain. Who has the comparative advantage in the production of each product? Explain. Who will specialize in the production of each product? Explain using the concept of opportunity cost.

Answers

Answer 1:

The first thing to note is their production possibilities are typified using a straight line. This means their opportunity costs are constant.

Whichever way it is looked at, Lorain has the absolute advantage in the production of Peaches and Nectarines.

Explanation 1

When a producer is able to manufacture goods or services in greater quantity for the same cost, or the same quantity at a lower cost than its competition it is said to have Absolute Advantage over them.

From the graph, it is clear that Lorain has more resources than Jake. Resources could include but are not limited to Human Capital, Land, Vehicles, Production Equipment etc. If both companies used their resources to produce peaches, at its best, Lorain would produce 200 units while Jake would only hit 150 Units.

Having the ability to produce more gives Loraine the advantage of economies of scale. This means that Loraine is able to produce at a lower cost. Lower costs mean Loraine is able to charge lower prices in return.

Answer 2

The party with the lowest opportunity cost has the highest comparative advantage.

The highest comparative advantage for the production of peaches goes to Jake whilst the highest comparative advantage for the production of Nectarines goes to Loraine.

Explanation 2

To get the opportunity cost in each case, one would need to layout the information on the graph in tables. Please see the attached table for the solution showing each producers production possibility and their opportunity costs.

You would note that Loraines' opportunity cost for Peaches is 1.25 Nectaraines while Jakes opportunity cost for Peaches is 0.67 Nectarines. Both figures are obtained by making the production figure for Peaches the denominator and dividing the production amount of Nectaraine by that amount.

E.g.

Loraine (Peaches Opportunity Cost) = 250/200= 1.2 Nectaraines

Jake (Peaches Opportunity Cost) = 100/150 = 0.67 Nectaraine

To obtain the opportunity cost for Nectarines, the equation is reversed.

From the calculations, it's clear to see that it would cost Loraine 1.25 Nectarines to produce one Peache and Jake, 0.67 Nectarine to produce one Peach.

On the other hand, it would cost Loraine 0.8 Peach to produce one Nectaraine and Jake, 1 and a half peaches to produce one Nectarine.

Both Loraine and Jake, therefore, would be better off trading with one another.

Answer 3

Also, given the opportunity costs, Loraine would be better off producing Nectarines given that she incurs less opportunity cost and even produces more Nectarines using her resources.

Jake, on the other hand, should adopt a strategy that allows him to specialize in the production of Peaches. He incurs less opportunity cost whilst doing that. He also produces more of that if he used all his resources.

Cheers!

If nominal interest rate equals 5 percent and expected inflation is 3 percent, then the new nominal and real interest rates are respectively: 3% and 5%. 8% and 5%. 5% and 2%. 5% and 7%. 7% and 5%.

Answers

Answer:

If nominal interest rate equals 5 percent and expected inflation is 3 percent, then the new nominal and real interest rates are respectively 5% and 2%.

Explanation:

The nominal interest rate is called the interest rate that is set by the bank and that will be added to the initial capital gradually according to the percentage established in the initially determined time. Thus, in the case, an annual interest of 5% is given, with which a deposit of $ 100 will rise to $ 105 after one year.

Now, the nominal interest rate may not represent real money growth. This is so because, due to inflation, a depreciation of the invested value occurs. Thus, for example, a deposit with an interest rate of 5% per year in a currency with inflation of 10% per year is losing 5% of its value during that year. In the case, since inflation is 3%, the real interest rate (that is, the real growth of investment) is 2%.

how many words should my assignment be

Answers

Answer:

Explanation:

it depends you can write 200 to 300 words

The economy grows at an even rate at all times
True
Or
False

Answers

Answer:

Explanation:

False

Which woman is LEAST likely to have shed her ethnically proscribed gender roles?
A. A woman at a university in Pakistan
B. A woman in a city in Saudi Arabia
C. A woman in a manufacturing town in China
D. A woman in a farming village in Russia
E. A woman at a high tech firm in Singapore

Which of the following identifies the part of Malthus's theory that was incorrect?
A. Food production grew much more quickly than Malthus predicted.
B. The population grew much more than Malthus predicted.
C. A famine caused food production to fall instead of grow as Malthus predicted.
D. A war reduced the population size instead of growing as Malthus predicted.
E. The population remained steady and did not grow as Malthus predicted.

Which of the following scenarios is supported by the gravity model?
A. A Canadian immigrant chooses to move to South Africa over the United States.
B. A Canadian immigrant chooses to move to Sudan over the United Kingdom.
C. A Chinese immigrant chooses to move to Liechtenstein over Russia. D. A Chinese immigrant chooses to move to Argentina over Spain.
E. A Chinese immigrant chooses to move to France over the United States.

Answers

Answer:

1.

B

2.

B

3.

A Chinese immigrant chooses to move to France over the United States.

What are the possible gametes formed in a fly with the genotype VvEe

Answers

Answer:

VE,Ve,vE,ve

so they are 4

define office resources​

Answers

Answer:

Sheets of paper, staples, glue, computers, desks, pens, pencils, printers.

Explanation:

All resources at the employee's hands to use.

jor bieden jay mall jow mama​

Answers

Answer:

poopyloopy joe.mama lol pranked

1. What are your thoughts about online learning?
I like sitting at home and learning online.
I would rather be at school with my friends and teachers.
I don't care. Either way. Just excited to be learning.
I don't like school at all. I want to go back to bed.​

Answers

Answer:

I do like learning from home because I typically teach myself anyways. I do indeed miss my friends and interacting with people tho.

Explanation:

Answer:

C( I don't care. Either way. Just exited to be learning.)

Explanation:

Cause i like it this way. :)

Change the following negative statements into growth mindset statements: "I can't concentrate—it's really hard to focus on
school work!" "I am too disorganized and I never have enough time." "Some subjects are really hard for me to learn." "I get
discouraged and stressed out." "I'm bad at taking tests."

Answers

Answer:

"I can't concentrate—it's really hard to focus on  school work!" --------------->

I will find a way to concentrate on school work

"I am too disorganized and I never have enough time." "Some subjects are really hard for me to learn." ---------------->

I will make out time to learn these subjects that give me a tough time

"I get  discouraged and stressed out." "I'm bad at taking tests." ---------------->

This may take some time, but I'm sure I'll ace those tests with proper practice

Explanation:

A growth mindset is a belief that intelligence can be developed and negative circumstances can be overcome.

Instead of using negative and defeatist statements, growth mindset emphasizes on never giving up, trying multiple ways to succeed and staying positive

how much of the total food cultivation was actually found in North America?

Answers

Grains, fruits and vegetables were farmed in North America. The cultivation begin there at 5000 bp.

The tropical zones of North America grows oranges, sugar cane, banana and cocoa. Theses crops grow on humid mountains and coastal plains.

The total crops grew were more than $136 billion. This contributed 0.6% of GDP of America.

The total gross Domestic product of America is much high and agriculture crops amount to very small part but still it is one of n important source for economy.

Learn more at https://brainly.com/question/24370354

Do you think that companies operating around the Globe can really do without job description? Why or Why Not? You can use examples to support your arguments​

Answers

It is not possible for a global company to achieve total quality in its processes without a job description, because:

the job description provides guidance for the employee to perform the tasks necessary for their employment. the job description makes management evaluation possible based on the employee's personal performance on well-established criteria.

Therefore, it is concluded that the job description is an instrument of organization and orientation of the positions of a company, necessary for employees to achieve organizational objectives and goals according to their job function and to be evaluated based on their performance and receive adequate training when needed.

A global company to be successful in the market must be well structured to be competitive. Internal practices and procedures will directly impact the company's external relations.

Learn  more  about   job   description   here:

https://brainly.com/question/12174315

What the correct answer question

Answers

Answer:

b climate refugees

Explanation:

Climate refugees or climate migrants are a subset of environmental migrants who were forced to flee "due to sudden or gradual alterations in the natural environment related to at least one of three impacts of climate change: sea-level rise, extreme weather events, and drought and water scarcity."

With respect to counseling minor clients who are considering abortion a. Counselors should immediately refer these clients to medical professionals. b. that these clients may need to process issues of abuse, loss, love, and hopes for the future c. Counselors should advocate their own moral position regarding abortion. d. Counselors should be aware that most teens avoiding talking to their parents about pregnancy because adolescents need to rebel against parental authority e. Counselors should exercise care when assisting a minor to obtain an abortion.

Answers

Answer:

Option d seems to be the correct choice.

Explanation:

Minors become legally underneath the parental as well as guardians' management and implementation; therefore, they will not be allowed to do anything without their permission and approval. Therefore, risk-taking and risky behavior can ruin not only the wellbeing but rather the confidence of the teenagers that they can't seem to manage alone. Consequently, the counselors will make every attempt to encourage limited participants to receive the parents' permission.

Certain solutions don't apply to the specified scenario. Thus the alternative above would be the right one.

The correct option for counseling is (e). Counselors should exercise care when assisting a minor to obtain an abortion.

Counselors must have a sensitive, empathic, and professional stance while working with young clients who are considering getting an abortion. They should take precautions and make sure the therapeutic relationship is supportive, nonjudgmental, and respectful of the client's autonomy and decision-making.

Counselors should offer a secure environment where clients can examine their thoughts, feelings, and options around pregnancy and abortion. Helping the client process their feelings and thoughts, comprehend their options, and come to a decision that is consistent with their values and beliefs should be the main goal.

As the counseling relationship should be client-centered and non-directive, it is inappropriate for counselors to promote their own moral stance on abortion. The counselor's job is to assist the client in making decisions; it is not their job to impose their own opinions.

Counselors should also be aware of the moral and legal issues related to adolescents seeking abortion services. There may be laws and rules governing minors' access to abortion, as well as their rights to confidentiality and consent, depending on the jurisdiction.

Hence, the correct option is (e). Counselors should exercise care when assisting a minor to obtain an abortion.

To learn more about counseling, here:
https://brainly.com/question/34720374

#SPJ6

01:23:42 Plates are puzzle-piece like sections of the lithosphere that move over the asthenosphere, carrying pieces of continental and oceanic crust. Which statement about the plates can geologists assume is true? The plates are less than 70 km in thickness. The plates assist in forming Earth’s magnetic field. The plates are denser than the oceanic crust. The plates experience little pressure from the weight of rocks.

Answers

Answer: The plates assist In  forming earths ma field

Explanation:

I read up on things B)

Depending on the study, it is sometimes necessary for psychologists to be deceptive. Please select the best answer from the choices provided T F

Answers

Answer: True

Explanation:

Psychologists do indeed find it necessary to have to use deceit in their research to get the best response because if they do not, subjects in the research may not give the most accurate response to avoid being judged or ridiculed.

Indeed the practice is even allowed by the American Psychological Association (APA) in Ethical Standard 8.07, Deception in Research. Under this standard, deception is allowed if the study requires it. They are however to disclose this deception as quickly as possible without harming the integrity of the study.

Answer:

t for true

Explanation:

I know just trust me

why management information system is important for business ?

Answers

Answer:

We have to learn how to manage our money and also the most important thing we must do to work very hard for are information systematic

3 Home Rule disadvantages and an example of a home rule.

Answers

Answer: you cannot do anything you want, cannot dream big, cannot have a life, an example of this is my house and my parents telling me what to do.

Explanation:

Idk how this is possible...

Read five sections in Orientation to College by Steltenpohl, Shipton, and Villines and writes summary of each one of these readings

Answers

Answer: shouldn’t you be doing these?

Explanation:

I read these, but I’m not gonna tell you the answer...

Each of the following is a type of homework except:
A. preparation
B. practice
C. concentration.
D. integration
SUBMIT

Answers

Answer:

ddddddddddddddddddddd

The answer is D I did this in school hope this help

vai trò của cô giáo mầm non trong việc tổ chức các hoạt động giáo dục tích hợp theo chủ đề cho trẻ ở trường mầm non.

Answers

Answer:

hi

Explanation:

Other Questions
"Wow! This rose bush is doing so much better on this side of the house thanon the other side. I wonder why that is?" A Food Marketing Institute found that 31% of households spend more than $125 a week on groceries. Assume the population proportion is 0.31 and a simple random sample of 373 households is selected from the population. What is the probability that the sample proportion of households spending more than $125 a week is less than 0.33 The formula of complex ion formed when aluminum hydroxide dissolves in sodium hydroxide will be: Select the correct answer below: [AlOH]2+ If there is an x find the value of it if not explain what needs to be given Which equipment is essential to create a podcast?a computer, a microphone, headphones, and recording softwarea full sound recording studio and a set of headphonesa computer, a portable audio recorder, and video production softwarea computer with premium audio recording software In politics, marketing, etc. We often want to estimate a percentage or proportion p. One calculation in statistical polling is the margin of error - the largest (reasonble) error that the poll could have. For example, a poll result of 72% with a margin of error of 4% indicates that p is most likely to be between 68% and 76% (72% minus 4% to 72% plus 4%). In a (made-up) poll, the proportion of people who like dark chocolate more than milk chocolate was 32% with a margin of error of 2.2%. Describe the conclusion about p using an absolute value inequality. buildings / are / this / there / beautiful / town / some / in. Attributes of a company's competitive advantage, including land, capital, technological knowhow, and physical infrastructure, are known as: If the researcher is interested in utilization of police services by assault victims, it is helpful to establish victimization with Given: ABCD is a parallelogram.Prove: mA + mB + mC + mD = 360By the definition of a parallelogram, ADBC and ABDC. Using, AD as a transversal, A and are same-side interior angles, so they are . By the definition of supplementary, mA + mD = 180. Using side as a transversal, B and C are same-side interior angles, so they are supplementary. By the definition of supplementary, mB + mC = 180. So, mA + mD + mB + mC = 180 + 180 by the property. Simplifying, we have mA + mB + mC + mD = 360.1) D2) Supplementary3) BC4) Addition 6. Write a complete sentence that answers the following question. Say that you want to go to a new city. Este verano viajars a una ciudad nueva o te quedars en casa?7. Use the prompt in parentheses to write a complete sentence that answers the following question.Qu haras este verano con todo el dinero del mundo? (comprar una casa)8. Answer the following question in a complete sentence that starts with yes or no.Sabrs hablar espaol despus de esta clase?9. Use the prompt in parentheses to write a complete sentence that answers the following question.Te levantabas y te acostabas tarde o temprano de pequeo/a? (temprano)10. Using informal (t) commands, tell your sister not to talk and to leave your room. Dewyco has preferred stock trading at per share. The next preferred dividend of is due in one year. What is Dewyco's cost of capital for preferred stock? illustrate the relation of science and technology with health, population and environment education #1 Multiple choice: A. The highest temperatures are on land B. High ocean temperatures form a band in the tropics and subtropics that does not everywhere follow the equator C. Temperatures generally are higher on land than over adjacent oceans D. All of these are valid why is m3 is derived unit? An 85-year old risk averse investor is not happy about the minimal return she is earning on her current investments. She is stressed about having enough income because her cost of living has been increasing by more than 10% annually. Her current portfolio composition consists of: 40% Money Market Fund 50% Bonds 10% Equities What changes should you suggest to her portfolio? A. Reduce the Money Market Fund allocation by 10% (to 30%) and put the released funds in commodities such as gold B. Reduce the Money Market Fund allocation by 30% (to 10%) and put the released funds in AAA-rated corporate bonds C. Liquidate the entire Money Market Fund allocation and put the released funds in Equities, bringing that allocation up to 50% D. Liquidate the entire Money Market Fund allocation and put the released funds in U.S. Treasury securities To develop an effective control system, it must be related to the organizational strategy. Yes or no. During a Parent and Child Aquatics Level 1 class, a parent tells you that her son is constantly coughing after he puts his face in the water. You should advise the parent that her son:_____. Please help me out with this geometry The use of DNA in the process of classifying organisms is known as