Kyoko has $ 10 , 000 that she wants to invest. Her bankhas several investment accounts tochoose from, allcompounding daily. Her goal is to have $ 15 , 000 bythe time she finishes graduate school in 6 years. Tothe nearest hundredth of a percent, what should herminimum annual interest rate be in order to reach hergoal? ( Hint: solve the compound interest formula forthe interest rate.)
Kyoko has $ 10 , 000 that she wants to invest. Her bankhas several investment accounts tochoose from, allcompounding daily. Her goal is to have $ 15 , 000 bythe time she finishes graduate school in 6 years. Tothe nearest hundredth of a percent, what should herminimum annual interest rate be in order to reach hergoal? ( Hint: solve the compound interest formula forthe interest rate.)
Kyoko has
$
10
,
000
that she wants to invest. Her bankhas several investment accounts tochoose from, allcompounding daily. Her goal is to have
$
15
,
000
bythe time she finishes graduate school in 6 years. Tothe nearest hundredth of a percent, what should herminimum annual interest rate be in order to reach hergoal? (Hint: solve the compound interest formula forthe interest rate.)
Evaluate the following expression and show your work to support your calculations.
a). 6!
b).
4!
3!0!
7!
c).
5!2!
d). 5!2!
e).
n!
(n - 1)!
Amy and Samiha have a hat that contains two playing cards, one ace and one king. They are playing a game where they randomly pick a card out of the hat four times, with replacement.
Amy thinks that the probability of getting exactly two aces in four picks is equal to the probability of not getting exactly two aces in four picks. Samiha disagrees. She thinks that the probability of not getting exactly two aces is greater.
The sample space of possible outcomes is listed below. A represents an ace, and K represents a king. Who is correct?
Consider the exponential function f(x) = 12x. Complete the sentences about the key features of the graph.
The domain is all real numbers.
The range is y> 0.
The equation of the asymptote is y = 0
The y-intercept is 1
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY