Provide an appropriate response.The value of an investment of $3000 earning 7.25% compounded yearly is given by A = 3000(1.0725)t, where t is the number of years it has been invested. If the amount of your investment is now $10,000, how long has it been invested?

What will be an ideal response?


a little over 17.2 years

Mathematics

You might also like to view...

Solve the problem.The combined SAT scores of the freshman class at a particular university are normally distributed with a mean of 1000 and a standard deviation of 100. What percentage of the freshmen class had combined SAT scores above 1110?

Fill in the blank(s) with the appropriate word(s).

Mathematics

List all the factors of each number.80

A. 2 ? 2 ? 2 ? 5 B. 2 ? 2 ? 2 ? 5 ? 5 C. 2 ? 2 ? 2 ? 2 ? 5 D. 2 ? 2 ? 2 ? 2? 5 ? 5

Mathematics

Solve the problem.Rental on a car is $170 plus $0.03 per mile. If x represents the number of miles driven and f(x) represents the total cost to rent the car, a linear function that models the situation is  Find the value of x if   Interpret your answer in the context of this problem.

A. 4000; It costs $4000 to drive the rental car 290 miles. B. 4000; It costs $290 to drive the rental car 4000 miles. C. 179; It costs $290 to drive the rental car 179 miles. D. 179; It costs $179 to drive the rental car 290 miles.

Mathematics

Determine whether the sequence is arithmetic. If so, find the common difference. ? ?ln4, ln5, ln6, ln7, ln8, ... ?

A. Arithmetic sequence, d = 0.41 B. Arithmetic sequence, d = -0.22 C. Arithmetic sequence, d = -0.56 D. Arithmetic sequence, d = 0.22 E. Not an arithmetic sequence

Mathematics