Find out how much it takes investment to double

Reference no: EM1317619

Question: Find out how long it takes a $3500 investment to double if it is invested at 9% compounded quarterly. Give your answer to the nearest tenth of a year. Apply the formula A = P[1 + (r/n)]nt.

Reference no: EM1317619

Questions Cloud

Mean of a normal probability and standard deviation : The mean of a normal probability distribution is 60; the standard deviation is 5.

Simplify the exponential equation : Simplify the exponential equation.

Determine the distances from a to b : Determine the distances from A to B and from C to B. Show all work to receive full credit. Round to the nearest hundredths.

Decision theory-minimax and maximax principle : Decision making under risk is the same as decision making under uncertainty because in both the probabilities are unknown.

Find out how much it takes investment to double : Find out how long it takes investment to double.

Alternative would be chosen according to expected utility : Find the alternative would be chosen according to expected value and utility.

Evaluate the height of the building : Computing the height of the building -If, at this point, he is 12 feet from the building, what is the height of the building? Draw a picture, show all work, and find the solution. Round to the nearest hundredths.

The amount radioactive material after certain years : The amount radioactive material after certain years.

Evaluate the exact value of the trigonometric functions : Evaluate the exact value of the trigonometric functions - Use common trigonometric identities for the functions given to find the indicated trigonometric functions.

Reviews

Write a Review

Required(*) Message

Algebra Questions & Answers

Simplify the equations

Simplify the equations.

Solve the algebraic expression from subtracting rule

Solve the algebraic expression from subtracting rule.

Linear equations & inequalities

Calculate the galois group

Calculate the Galois group.

The algebraic equation of cost functions

Simplify the formula for the given variable

Simplify the formula for the given variable.

Apply the vertex and intercepts to sketch the graph

Apply the vertex and intercepts to sketch the graph.

Simplify the equation

Logarithmic and exponential functions

Logarithmic and exponential functions.

Linear relationship using graph

Find the maximum height

Solve the algebraic expression

Solve the algebraic expression.

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages