If you invest $8,600 at a 3.95% simple annual interest rate, approximately how long will it take for you to have a total of $21,000? a. 25.3 years b. 36.5 years c. 45.9 years d. 60.7 years

Answers

Answer 1
It should be B. (36.5 years)
Answer 2

The time taken to have a total of $21,000 is 36.5 years.

To calculate the time it takes to reach $21,000 with a simple annual interest rate, we can use the formula for simple interest:

Interest = Principal × Rate × Time

Where:

Interest is the additional amount earned on the initial investment (in this case, the difference between $21,000 and $8,600),

Principal is the initial investment ($8,600),

Rate is the annual interest rate (3.95% expressed as 0.0395),

and Time is the unknown variable we want to find.

We can rearrange the formula to solve for Time:

Time = Interest / (Principal × Rate)

Let's plug in the values:

Interest = $21,000 - $8,600 = $12,400

Principal = $8,600

Rate = 0.0395

Time = $12,400 / ($8,600 × 0.0395) ≈ 36.5

So, it will take approximately 36.5 years to have a total of $21,000.

Learn more about Simple Interest click;

https://brainly.com/question/30964674

#SPJ7


Related Questions

10. Jenn went to the farmer's market with $40. She brought a 10 lb bag of

potatoes for $6, a pie for $8,4 qt frest strawberries for $4 per qt, and 5 lb

of apples at $1. 49 per lb. What percent of the $40 did she still have when

she left? *

Answers

Answer:

Step-by-step explanation:

Find all the expenses:

potatoes: $6

pie: $8.4

strawberry: $4

apples: $1.49 * 5 => $7.45

total=> 6 + 8.4 + 4 + 7.45 = $25.85

Rule:

$40 = 100%

$25.85 = x%

=> x = ($25.85 * 100%) / $40 = 64.625%

hey double check if I added wrong, and if it is repeat the calculation,

hope it helps

Partition the rectangle into 4 equal sections. Explain how you partitioned the rectangle.

Answers

    Divide the rectangle in half vertical-wise and horzintal-wize. This creates four equal sections, or partitions the garden into quarters ([tex]\frac{1}{4}[/tex]).

See attached for an example.

    Please note you can also divide it into four portions vertically or four portions horizontally and reach the same result of four quarters.

Alia bought a home for her pet turtle. The rectangular tank is 3 feet long, 1 foot wide, and 2 feet high. What is the volume of the tank?


The volume of the tank is Blank

cubic feet

Answers

Answer:

6 ft^3 or cubic ft

Step-by-step explanation:

Volume = B x H or L x W x H

Base = L x W

Length: 3 ft

Width: 1 ft

Height: 2 ft

3 x 1 x 2 = 6

6 ft^3

An article is bought for Rs200 & sold for Rs250,what is the profit percentage.​

Answers

(200/250)×100 = 80%

100 - 80 = 20%

hope it helps...!!!

Answer:

20%

Step-by-step explanation:

What is the length of the hypotenuse?​

Answers

14 units

By find the missing angle to be 60. Use Cos = a/h

Cos60 = 7/h

x h, then ÷ by cos60

h = 7/cos60

h = 14

Hypotenuse is the longest length

Soh Cah toa

So, the last length must be 7 root 3 (12.12 to 2d.p)

(root means square root)

Hope this helps!

Find the surface area of the prism

Answers

Answer:

216cm²

Step-by-step explanation:

SA of the rectangular prism

= 2(lb + bh + hl)

= 2(3*6 + 6*10 + 10*3)

= 2(18 + 60 + 30)

= 2(108)

= 216cm²

A. Give the measure of an exterior angle of each of the following regular polygons.

With a Solutions pls

1. Triangle
2. Octagon
3. Hexagon

Pls answer it correctly. need it tomorrow!​

Answers

Answer:

120° , 45° , 60°

Step-by-step explanation:

the sum of the exterior angles of a polygon = 360°

the exterior angles of a regular polygon are congruent , then

(1) triangle with 3 sides

exterior angle = 360° ÷ 3 = 120°

(2) octagon with 8 sides

exterior angle = 360° ÷ 8 = 45°

(3) hexagon with 6 sides

exterior angle = 360° ± 6 = 60°

What is the value of [ 3 × ( 8 − 2 ) ] 5 ? enter your answer in the box.

Answers

Answer:

90

Step-by-step explanation:

1st you solve for the 8-2 in the parentheses

[3 x 6] 5

Then solve what's in the  brackets

[18]5

18 x 5 = 90

Easy Points!!
Question 7 of 10
Does the mapping diagram represent a function? Why or why not?
A. No; each input pairs with only one output.
B. No, the input value x = 3 pairs with two different output values.
O C. No; two output values pair with two different input values
O D. Yes; each input pairs with only one output.

Answers

Letter B

As i answered on your previous question, an x value cannot have 2 or more y values or else the curve does not pass the vertical line test, therefore this diagram does NOT represent a function.

Another answer answer answer

Answers

Answer:

B

Step-by-step explanation:

-13-7=-20

Check:

13+7=20

The question asks, "solve for b" meaning find the value.

The correct answer is B.

I SUCK AT MATH HELP PLS!!!​

Answers

Answer:

Step-by-step explanation:

Formula

m =  (y2 - y1)/(x2 - x`1)

Givens

Points M(-5,4) and N(2,-1)

y2 = 4

y1 = -1

x2 = - 5

x1 = 2

Solution

m = (4 - - 1) / (-5 - 2)

m  = (4 + 1) / (- 7)

m = (5) / (- 7)

Answer: m (slope ) = 5/-7

Note

The question is how do you enter it? It depends on how you have been told to enter fractions or mixed numbers. I would answer it as

-5

-----

7

which you will note transfers the minus sign to the top of the fraction. It shouldn't matter as long as the net result is minus.

If the dimensions of a shipping box are all doubled, how many staplers can the larger box hold? 24 staplers 48 staplers 96 staplers 192 staplers

Answers

The larger box with all dimensions double the small box will hold 192 staplers.

We have one cubical box with a side of 6 inches.

What is a cube?

A cube is a prism with a height equal to the side of the base.

One box contains 24 staplers.

If we make each side double we will get a total of 8 boxes same as the smaller box.

So, 8 boxes will contain = 8*24 =192 staplers.

Hence, the larger box with all dimensions double the small box will hold 192 staplers.

To get more about cubes visit:

https://brainly.com/question/1972490

Answer:

192 Staplers

Step-by-step explanation:

2.) f(x) is transformed to create the graph of g(x). Describe the
transformation
f(x) = |x|
g(x) = (x + 71
1x +
Ofis shifted up 7 units
7
Ofis shifted left 7 units
Ofis shifted right 7 units
7
Ofis vertically stretched by a factor of 7
Ofis shifted down 7 units

Answers

Answer:

2nd option

Step-by-step explanation:

given f(x) then f(x± a) is a horizontal translation of f(x)

• If + a then a shift to the left of a units

• If - a then a shift to the right of a units

g(x) = | x + 7 | ← with a = + 7

then g(x) is f(x) shifted 7 units to the left

help pls first correct answer gets brainleist​

Answers

8cm? Sorry if this is incorrect

Simplify (- 20 - 3i) - (- 22 - 1i)

Answers

A technique of expressing an equation in the most efficient form possible while altering the quality of the underlying statement is known an algebraic equation.

Simplifying the given expression:

⇒ (- 20 - 3i) - (- 22 - 1i)

⇒ (- 20 - 3i + 22 + 1i)

⇒ (2  - 2i)

Therefore the simplification of the given expression is "(2  - 2i)"

Find out more about the expression here:

brainly.com/question/2059524

write the slope intercept form of the equation of each line through the given points (4,-2) and (-5,3)

Answers

Answer + Explanation is in the photo attached

Andrea is an accountant who lives in the state of texas. which tax is she not responsible to pay? a. gasoline tax at the state level b. income tax at the national level c. inheritance tax at the state level d. payroll tax at the national level

Answers

The tax is Andrea not responsible to pay Payroll tax at the national level.

We have Andrea is an accountant who lives in the state of texas.

To determine the tax is she not responsible to pay

What is the  Payroll tax?

The Payroll tax would include the deduction that was made to be allocated into her pension, medicare,  or some form of investment.

Payroll tax is regulated under states law along with the policy from the company where she works.

So she's exempt from payroll at the national level.

Therefore option D is correct.

Thus the tax is Andrea not responsible to pay Payroll tax at the national level.

To learn more about the tax visit:

https://brainly.com/question/26316390

Answer:

C. inheritance tax at the state level

Step-by-step explanation:

PLATO answer

A fleet of rental cars - all the same make, model, and year - has a mean fuel efficiency of 23. 4 miles per gallon (mpg). A random sample of 41 cars are selected and the air filter of each is replaced with a new one. Let mu be the population mean fuel efficiency score that would occur if every car's air filter were replaced. The air filter change is deemed effective if mu space greater than space 23. 4 mpg. A test is made of H subscript 0 colon space mu space equals space 23. 4 space space space v e r s u s space space space H subscript 1 colon space mu space greater than space 23. 4. Assume that the air filter changes are effective but the conclusion is reached that the changes might not be effective. Which type of error, of any, has occurred

Answers

From the given question, we did not reject the null hypothsis which makes the answer to this question a type II error

What is type I error ?

Data:

Mean fuel efficiency = 23.4 mpgsamples = 41

This is an error done from rejecting the null hypothesis (H_0) when the null hypothesis is true, is known as type I error.

What is type II error ?

This is an error committed from not rejecting the null hypothesis (H_0) when actually the null hypothesis is false, is known as type II error

Given that the air filter changes are not effective i.e. ȝ = 24.7.

It means that if we do not reject the null hypothesis we shall make a correct decision. So consequently the chance of type II error is impossible because it occurs when we do not reject the null hypothesis, but here not rejecting the null hypothesis will lead to correct decision.

The answer to this question is type II error

Learn more on null hypothesis here;

https://brainly.com/question/15980493

Which function is shown in the graph below

Answers

Answer:

y=2x^+2+3

2nd bubble

please make this answer brainliest If I helped you!

Economists are analyzing the effects of new tax policies on population growth. From recent census data, it is known that the proportion of families in the United States who have more than 3 children in the household is 26%. For a random sample of 50 families, what is the standard deviation for the sampling distribution of the sample proportions, rounded to three decimal places

Answers

Using the Central Limit Theorem, it is found that the standard deviation for the sampling distribution of the sample proportions is of 0.062.

What does the Central Limit Theorem states?

It states that for a proportion p in a sample of size n, the sampling distribution of sample proportion is approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1 - p)}{n}}[/tex], as long as [tex]np \geq 10[/tex] and [tex]n(1 - p) \geq 10[/tex].

In this problem:

The proportion is of p = 0.26.A sample of n = 50 families is taken.

Hence, the standard deviation is given by:

[tex]s = \sqrt{\frac{0.26(0.74)}{50}} = 0.062[/tex]

More can be learned about the Central Limit Theorem at https://brainly.com/question/24663213

What is the value of x?

Answers

Answer: 5

Step-by-step explanation:

During second period, Clara completed a grammar worksheet. Of the 45 questions, Clara got 60% right. How many questions did Clara get right?

Answers

Answer:

0.6*45=27

Step-by-step explanation:

You have to change 60 percent into a decimal and multiply it by 45 because there are 45 questions and you wil get 27

Identify the graph and describe the solution set of this system of inequalities y<-3x-2 y>-3x+8 A. The solution set is shown by region C.B. There is no solution.C. The solution set is shown by region B.D. The solution set is shown by region A

Answers

The inequalities have no solution since their graph does not intersect or overlap.

What are inequalities?

Inequalities help us to compare two unequal expressions. Also, it helps us to compare the non-equal expressions so that an equation can be formed.

It is mostly denoted by the symbol <, >, ≤, and ≥.

The inequality given is y<-3x-2 and y>-3x+8, if we plot the graph of the two inequalities, the graph of the inequalities will never meet at any point.

Hence, The inequalities have no solution since their graph does not intersect or overlap.

Learn more about Inequality:

https://brainly.com/question/19491153

#SPJ1

Answer:

B. There is no solution.

Step-by-step explanation:

And katie stop deleting my answers

simplify 15/root75 +root 108+root 432​

Answers

Answer:

32.91

Step-by-step explanation:

[tex] \hookrightarrow \sf \frac{15}{ \sqrt{75} } + \sqrt{108 } + \sqrt{432} [/tex]

[tex] \hookrightarrow \sf \: 19 \sqrt{3} \approx \: 32.908965[/tex]

Answer:

32.90235

Step-by-step explanation:

[tex]\frac{15}{\sqrt{75} }[/tex]   + [tex]\sqrt{108}[/tex] + [tex]\sqrt{432}[/tex]

  =  1.73205 + 10.3923 + 20.784

  = 32.90235

O is the center of the regular pentagon below. Find its area. Round to the nearest tenth if necessary.

Answers

Answer:

your answer would be 929.24856 or

≈ 929.2

Step-by-step explanation:

tan15∘ = opposite/adjacent​= x/17

tan15 ∘= x/17

tan15 /1 = x/17

1/2= 4.55514 ·17

=38.718689

38.718689 · 2 = 77.43738

(77.43738)(12)(multiply the 2)

and your answer should then be....929.24856 or 929.2

i hope i was able to help you!!!

The area of the regular pentagon is 929.2486 or 929.2.

What is regular pentagon?

A pentagon is geometrical shapes with" five sides and five angles". The 'pen' represents five and 'gon' represents 'angle' .

According to the question,

The regular pentagon has 'O' as its center and radius of regular pentagon is 17.

Formula for Area of regular apothem:1/2×(perimeter of polygon)× apothem

Find the length of the apothem

tan θ = [tex]\frac{opposite}{adajacent}[/tex]

To find θ

The sum of the angles divided by number of sides and to find sum of the angles is (n-2)180.

(12-2)180 = (10)(180).55

             = 1800.

To find entire interior angle 1800 divided by 8 we get 225.For the triangle  at the bottom of the diagram, the angle is half tha is 225 divided by 5 is 15°.  

tan 15° = [tex]\frac{x}{17}[/tex]

(0.2679) 17 = x

x = 4.5543

Perimeter of the polygon = (4.5543)(17)

                                          = 77.4231

Formula for Area of regular apothem:1/2×(perimeter of polygon)× apothem

=77.4231 × 12

=929.2476

Hence, The area of the regular pentagon is 929.2486 or 929.2.

Learn more about regular pentagon here

https://brainly.com/question/1980649

#SPJ2

graph the inequality on the axis below x+6y<6

Answers

Answer:

Step-by-step explanation:

I need help with these 2 questions, This due very soon so please respond ASAP and I will mark brainliest if correct!

Answers

Answer:B,C

Step-by-step explanation:

the other do is always numbers with t be oossblie because of the quadratic formula

Which is a short-term consequence of making a late payment on your bill? it will be harder to buy a house because it affects your credit history. there will be a late fee added to the bill. it will be harder to secure a new loan at a low rate. the bank will charge a fee for having a negative balance.

Answers

There will be a late fee added to the bill as a short-term consequence of making a late payment on your bill. Option B is correct.

What is the late payment?

A late payment is a payment sent to a lender or service provider after the due date or after the grace period for the payment has expired.

The consequence of making a late payment on your bill is;

A-it will be harder to buy a house because it affects your credit history.

B-here will be a late fee added to the bill

C-it will be harder to secure a new loan at a low rate

D- The bank will charge a fee for having a negative balance

All the given options are the consequence of making a late payment on your bill. But the options A, C, and D are the long-term consequences. While option B is a long-term consequence.

There will be a late fee added to the bill as a short-term consequence of making a late payment on your bill.

Hence option B is correct.

To learn more about the late payment refer to the link;

https://brainly.com/question/23509549

B - there will be a late fee added to the bill

U
S
V
Y
4x0
T
W
60°
.
Z
X
Find m2 svw.
mZSVW =

Answers

Answer:

Answer is 72°. Hope it helps.....

Auto insurance options offered by aa auto insurance are outlined in the table below. what monthly payment would you expect for an insurance policy through aa auto insurance with the following options? bodily injury: $25/50,000 property damage: $25,000 collision: $250 deductible comprehensive: $100 deductible aa auto insurance type of insurance coverage coverage limits annual premiums bodily injury $25/$50,000 $22.50 $50/100,000 $31.75 $100/300,000 $40.25 property damage $25,000 $120.50 $50,000 $144.75 $100,000 $193.00 collision $100 deductible $520.00 $250 deductible $415.25 $500 deductible $275.75 comprehensive $50 deductible $110.25 $100 deductible $100.00 a. $43.23 b. $46.10 c. $54.85 d. $64.44

Answers

Based on the information given, it can be deduced that the monthly payment for the insurance plan will be A. $50.04.

What is insurance?

insurance simply means protection from financial loss. It's simply used on hedging against the risk of uncertainty.

A deductible simply means the amount of money that an individual will pay towards an insured loss. From the table, the monthly payment for the insurance plan will be $50.04.

Learn more about insurance on:

brainly.com/question/4953989

Answer:

A

Step-by-step explanation:

Other Questions
4) If rectangle WXYZ has slid three units to the right what will be the coordinates of point W?A) (0, 2)B) (3, -1)C) (3, 5)D) (6, 2) Passage du livre Louison et monsieur Molire Which of the following is the absolute value parent function?O A. F(x) = 1/xO B. F(x) = [X]O C. F(x) = xO D. Rx) = (x1 - 1 5. The graph of t(x) is shown below. Determine the zeros of (x) points) -3,0 GO -6-54 -10 -9 3-2-1 2. 7 3 9 10 .+1)=0 A Your checkbook register shows these activities for the month. Old balance: $134. 56 Check 512 to Good Stuff for $32. 19 Deposit: $345. 12 Check 513 to Hometown Apt for $250. 00 Check 514 to Farland Grocery for $16. 65 Check 515 to Dr. Scott for $45. 00 What is your new checkbook balance? O $225. 64 O S169. 14 O S135. 84 O $122. 45 What element of this passage helps the reader infer that the narrator might possibly be insane and without morals What were slave codes If an organism normally has 34 chromosomes, how many molecules of dna should there be in the g1 phase of the cell cycle?. 14. James is writing an article about (us, we). PLease help i will give brainliest PLS HELP ME (I'll give brainliest) (100 points) (no point stealing or giving and links!)1. You have previously chosen a side to an issue, stated a claim, and you have written ideas: "Should people who own cats be required to keep them indoors?"about your claim in your Argument Organizer. Now you will use your ideas from the organizer to write the introduction paragraph to your argument.2. In your introduction paragraph, remember to include: Write in formal style using the third person point of view; not first nor second! Basic information on your topic A reason to care about the issue Your specific claim that is clearly focused on your issue (exclude all personal feelings and the pronoun I) Write three or more complete sentences Use correct grammar, punctuation, and spelling.here's the link to one of my questions where someone helped me with the first part: https://brainly.com/question/27391875 For this assignment, select an adult in your life to interview. Explain the difference between 2D and 3D thinking to them. Then, ask the following questions:What changes have you seen in your lifetime that made a big impact on you?Tell me about a time when you had to use 3D thinking. In 2 to 4 complete sentences, reflect on their answers. NEED HELP ASAP When soccer games are tied at the end of overtime, they are decided by penalty kicks. Each team gets `5` kicks. A coach knows that her team typically makes a penalty kick about `60\%` of the time. She decides to run a simulation of this situation. Based on these results, estimate the probability that the team makes `2` or fewer penalty kicks. 14 What fraction of $1.75 is 77c? Express thisfraction as a percentage. Find x +y + z.what is x,y, and z Assuming that the families use the same appliances in the same way, who spends more to run these appliances in a given 30 day period and by how much? a. the reed family spends $13.80 more than the merrill family. b. the reed family spends $0.46 more than the merrill family. c. the merrill family spends $58.80 more than the reed family. d. the merrill family spends $18.60 more than the reed family. Why did the events at Three Mile Island delay the development of nuclear energy for so long? 15. Which is a characteristic of ajudging approach?O A. Liking things settled and organizedO B. Giving praise to othersC. Missing job opportunitiesO D. Approaching work as play Which of the following statements shows a characteristic of a statistical question? The question is focused. The distribution can be broken into categories. The question asks for a quantitative response. The question allows for surveys to be conducted.Please give me a trustworthy answer! I will give brainliest if it is correct. Amaya collected insects in the forest. she was unable to identify one unusual looking insect using a dichotomous key. amaya concluded that the insect must be a new species. which facts would support the conclusion that the insect is a new species? the insect cannot be identified based on one of the first three questions. the way the insect was collected may have caused damage to its exoskeleton and wings. several other thorough and up-to-date dichotomous keys also failed to identify the insect. the normal diet of many insects in the forest has been seriously altered by a recent drought.