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2 years ago

6

Rochelle deposits $5,000 in an IRA. What will be the value of her investment in 25 years if the investment is earning 8% per yea

r and is compounded continuously? Round to the nearest cent.

1 answer:

Iteru [2.4K]2 years ago

5 0

Answer:

$\$36,945.28$

Step-by-step explanation:

we know that

The formula to calculate continuously compounded interest is equal to

$A=P(e)^{rt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

e is the mathematical constant number

we have

$t=25\ years\\ P=\$5,000\\ r=8\%=8/100=0.08$

substitute the values in the formula

$A=5,000(e)^{0.08*25}$

$A=5,000(e)^{2}$

$A=\$36,945.28$

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12 1/4 feet wide stream so it is 1 feet and 9 inches shorter

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2 years ago

If there are 3 boys for every 4 girls in the choir, how many boys are there if there are 42 students?

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So if there are 3 boys to every 4 girls, and there are 42 boys, the answer would be 42 to 56????? I'm not quite sure, and it's probably wrong, but that's how we learned in my school.

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2 years ago

Alex the electrician needs 34 yards of electrical wire to complete his job. He has a coil of wiring in his workshop. The coiled

bogdanovich [222]

Answer: This coil will not be enough to complete the job.

Step-by-step explanation:

The circumference of the coil of wiring can be calculated with:

$C=2\pi r$

Where r is the radius and $\pi=3.14$

The radius can be calculated by dividing the diameter by 2. Then:

$r=\frac{18in}{2}\\\\r=9in$

Convert 9 inches to yards (1 yard=36 inches):

$(9in)(\frac{1yd}{36in})=0.25yd$

Substitute this radius into the formula:

$C=2(3.14)(0.25yd)\\C=1.57yd$

Since there are 21 circles of wire, you need to multiply $C=1.57yd$ by 21:

$C_T=(1.57yd)(21)=32.97yd$

The coil has 32.97 yards of wire and Alex needs 34 yards, therefore, this coil will not be enough to complete the job.

8 0

2 years ago

Brainly to whoever is first and right:) - In quadrilateral ABCD, AB = BC = 1, m∠B=100°, m∠D=130°. Find BD

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Answer: 1

B is the center of a circle of radius 1. A and C are on the circle 100 degrees apart. So arc AC is 100 degrees. Arc AC the long way around is 360-100=260 degrees. That means any point D on arc AC will subtend a 130 degree angle. BD is a radius for all of those, and the radius is 1.

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2 years ago

What are the zeros of the quadratic function f(x) = 6x^2 + 12x – 7?

strojnjashka [21]

Answer:

$x1=\frac{-2+\sqrt{26/3}}{2}$

$x2=\frac{-2-\sqrt{26/3} }{2}$

Step-by-step explanation:

To find the zeros of the quadratic function f(x)=6x^2 + 12x – 7 we need to factorize the polynomial.

To do so, we need to use the quadratic formula, which states that the solution to any equation of the form ax^2 + bx + c = 0 is:

$x=\frac{-b±\sqrt{b^{2}-4ac}}{2a}$

So, the first thing we're going to do is divide the whole function by 6:

6x^2 + 12x – 7 = 0 -> x^2 + 2x - 7/6

This step is optional, but it makes things quite easier.

Then we using the quadratic formula, where:

a=1, b= 2, c = -7/6.

Then:

$x=\frac{-2±\sqrt{2^{2}-4(1)(-7/6)}}{2}$

$x=\frac{-2±\sqrt{4 +14/3}}{2}$

$x=\frac{-2±\sqrt{26/3}}{2}$

So the zeros are:

$x1=\frac{-2+\sqrt{26/3}}{2}$

$x2=\frac{-2-\sqrt{26/3}}{2}$

4 0

2 years ago