Find out how much it takes investment to double

Assignment Help Algebra

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

Solve the linear model

Select five values for x to plug into the linear function, P(x)=10x-7 and prepare a table of values

Identify the sample and suggest a population

Evaluate the ratios

Evaluate the ratios and check are the ratios equivalent.

Define variables and profit function

Make a linear equation

Assume you have a lemonade stand, & when you charge $1 per cup of lemonade you sell 50 cups. But when you raise your price to $2 you only sell 25 cups. Make an equation for the number of cups you sell as a function of the price you charge. Denote "C"..

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