nanapoorep94nmf nanapoorep94nmf

02-05-2021
Mathematics

contestada

david invest $10,000 in a CD that pays 8% compounded quarterly. how long will it take his investment to double

Respuesta :

applesrockbanana applesrockbanana

02-05-2021

Answer:

Step-by-step explanation:

1. Write a equation

[tex]10,000(1+\frac{0.08}{4})^4^x[/tex]

2. plug in 20,000 to y

[tex]20,000=10,000(1+\frac{0.08}{4})^4^x[/tex]

3. Solve

Answer Link

Otras preguntas

PLEASE HELP FASTCompare and contrast the U.S. Bill of Rights and the Texas Bill of Rights of the Constitution of 1876.

What is the range of y=-3sin(x)? -1Sys1 -35453 0 - 1 = y = 1/3 DONE

An office upgrades its internet speed from 15^6 bits per second to 15^9 bits per second. How many times greater is the new internet speed? The new internet spe

What is the answer to this question

i have no clue what to do please help

What spirit was created by the Battle of Bull Run? A:A spirit of hope for the north B:A spirit of disaster for the south C:A spirit of defeat for the south D:A

Joel biked 9 miles east and 12 miles north. If he biked back to his starting point using the most direct route, how many miles would he ride in all?

A class has 15 boys and 16 girls. What is the probability that a boy's name is drawn at random? (5 points)15/3116/31 15/1616/15

Ragtime changed the sound of traditional matches by: a. Adding _________. b. Using a wide _______ of notes.

If an arithmetic sequence has the rule an = 3n + 5, then a4 = .The answer is 17