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

Hello, I need help please for mission 3 thank you very much.
How many hours are 180 minutes
where did japan first expand its empire after 1930
Which characteristic is shared by sonnets and haiku?
A movie starts at 7:00 pm and lasts 108 minutes. What time does the movie end?
List all the commonwealth games mascots from 1982-2014
Hello, I need help please for mission 3 thank you very much.
Find 4 consecutive odd integers where the product of the two smaller numbers is 64 less than the product of the two larger numbers.
What is a synonym for sensory language?A.simileB.fluencyC.metaphorD.imagery im thinkin D?
How do I solve for x? X+6x=56