answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatiyna
14 days ago
9

On January 1, 1980, Moises deposited $1850 into a savings account paying 5.6% interest, compounded quarterly. If he hasn't made

any additional deposits or withdrawls since then, and if the interest rate stayed the same, in what year did his balance hit $3700, according to the rule of 72?
Computers and Technology
2 answers:
Natasha_Volkova [1K]14 days ago
8 0
According to the rule of 72, dividing 72 by the interest rate gives the time needed to double your investment. With an interest rate of 5.6%, we calculate 72/5.6 = 12.86 years. Thus, to increase the amount from $1850 to $3700, it would take approximately 12.86 years, suggesting that by late 1992 the balance would reach $3700.
Natasha_Volkova [1K]14 days ago
5 0
The answer is 1992.
You might be interested in
Compute the approximate acceleration of gravity for an object above the earth's surface, assigning accel gravity with the result
maria [1035]

Response:

Written in Python

G = 6.673 *pow(10,-11)

M = 5.98 *pow(10,24)

d = float(input("Enter distance: "))

g = (G * M)/(pow(d,2))

print("Calculated gravity acceleration: "+str(g))

Explanation:

The following line sets the gravitational constant

G = 6.673 *pow(10,-11)

This line establishes the mass of the Earth

M = 5.98 *pow(10,24)

This prompts the user to input the object's distance

d = float(input("Enter distance: "))

This calculates the gravity exerted on the object

g = (G * M)/(pow(d,2))

This line outputs the gravity acceleration without rounding

print("Calculated gravity acceleration: "+str(g))

8 0
2 months ago
if you had two proxy servers located in the same room, what use could you make of them? nothing create a hub sell one of the ser
Harlamova29_29 [1022]
Establish a free wifi service
6 0
1 month ago
Read 2 more answers
To encourage good grades, Hermosa High School has decided to award each student a bookstore credit that is 10 times the student’
amid [951]

Answer:

// here's the Java code.

import java.util.*;

// definition of the class

class BookstoreCredit

{

/* method that prints a message including the name and grade point */

   public static void fun(String name,double grade)

   {

// multiplying grade by 10

       grade=grade*10;

// display the message

       System.out.println(name+"\'s average grade is $"+grade);

   }

// main method for the class

public static void main (String[] args) throws java.lang.Exception

{

   try{

    // scanner instance to read input

       Scanner s=new Scanner(System.in);

        // declaring variables

      String s_name;

      double grade;

      System.out.print("Please enter the name:");

      s_name=s.nextLine();

      System.out.print("Please enter the grade point:");

      grade=s.nextDouble();

   }catch(Exception ex){

       return;}

}

}

Explanation:

Define a string variable named s_name and a double variable named grade. Obtain the name and grade from the user, then invoke the fun() method with these parameters, which will multiply the grade by 10 and output a message that includes the student's name along with their average grade.

Output:

Please enter the name:john

Please enter the grade point:3.2

john's average grade is $32.0

7 0
1 month ago
Someone else can drive your car if _____.
8_murik_8 [964]

Answer:

C. you possess insurance documentation

Explanation:

Being a resident does not automatically grant permission to operate a vehicle. For instance, a person might have residency but might also have a suspended license, which means they are unable to drive.

Typically, insurance applies to the CAR rather than the individual. Therefore, the general guideline is:

A different person is permitted to drive your vehicle if you possess proof of insurance.

6 0
1 month ago
Read 2 more answers
Skylar is viewing her personal and business calendar in a side-by-side fashion, but she would like to view a single calendar tha
Natasha_Volkova [1026]
Skylar should enable the Overlay option.
8 0
27 days ago
Other questions:
  • Sites like Zillow get input about house prices from a database and provide nice summaries for readers. Write a program with two
    12·1 answer
  • Write a sequence of statements that create a file named "greeting" and write a single line consisting of "Hello, World!" to that
    5·1 answer
  • Write a function solution that returns an arbitrary integer which is greater than n.
    13·1 answer
  • Sarah works in a coffee house where she is responsible for keying in customer orders. A customer orders snacks and coffee, but l
    13·2 answers
  • How has the development of personal computer hardware and software reversed some of the trends brought on by the industrial revo
    15·1 answer
  • A developer writes a trigger on the Account object on the before update event that increments a count field. A workflow rule als
    12·1 answer
  • What are the set of rules to move data from one computer to another?
    11·1 answer
  • Which of the following is opened when the Find command is clicked?
    12·1 answer
  • Sean is white hat hacker, who is demonstrating a network level session hijack attacks and as part of it, he has injected malicio
    6·1 answer
  • Write a program to read-in a sequence of integers from the keyboard using scanf(). Your program will determine (a) the largest i
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!