christinabock1 christinabock1

22-04-2018
Mathematics

contestada

You invest $6.500 into a mutual fund that is expected to earn 6% per year. How long will it take the fund to earn $13,000?

Respuesta :

22-04-2018

y= $6.500(1.06)^x

13000= $6.500(1.06)^x
2000=(1.06)^x

log 2000 = x log 1.06
x= log 2000/ log 1.06
130 years

Answer Link

Otras preguntas

Hi! Can someone please help me with this lol im stressing out. its due tomorrow November 16th at 3pm!! thank you to whoever helps me Prompt Based on what you le

1- select three safety procedures for participating in a weight training program and discuss their importance 2- when spotting a lifter, do you need to be able

frances receives one dollar for every pound of worms she gives her grandfather. which reinforcement schedule is this? group of answer choices fixed interval fix

Find the perimeter of the triangle .

the most important police official in the american colonies was the: group of answer choices sheriff police chief watchman top pledge

Explain stabilizing selection (type of natural selection) make it simple bc this is a biology 101 class

line u has an equation of y=-x+7. line v is perpendicular to line u and passes through (-8,-1). what is the equation of line v? write the equation in slope inte

Trevor earns $12 per hour and Brian earns $10 per hour. Which of the following situations can be modeled by the inequality below? 12x—30≥ 10xO. If Trevor and

when i leave out (e.g., forget to measure) of my study variables that are related to my predictors and outcomes, my statistical model is vulnerable to

the lumber yard is considering adding a new product line that is expected to increase annual sales by $312,000 and expenses by $212,000. the project will requir