You invest 7500 into a mutual fund that is expected to earn 7% per year, how long will it take the fun to be worth 15000?




Roger bought 800 shares of a company stock for 15.34/share. He pays the broker commission of 20 dollars to buy or sell stock after one year Roger sold all his shares when they were worth 18.77/share.




A.) how much it cost to buy the stock?




B.) what is the net gain or loss?




C.) what was the rate of return?

Answers

Answer 1

Answer:

10.2 years

gain is $2,704.00

rate of return is 22%

Step-by-step explanation:

The it would take for mutual to double can be determined the future value formula as shown below:

=nper(rate,pmt,-pv,fv)

rate is the rate of return of 7% per year

pmt is the periodic amount placed in the mutual fund and it not applicable here

pv is the original amount invested which is $7,500

fv is the future worth of $15,000

=nper(7%,0,-7500,15000)=10.2 years

cost of shares=actual cost of purchase+broker's commission

                      =(800*$15.34)+$20=$12,292.00  

gain on shares=sales proceeds-cost=(800*$18.77)-$20-$12,292.00=$2,704.00  

rate of return=gain/original cost=$2,704.00/$12,292.00  =22%


Related Questions

Find the midpoint of the segment with endpoints (-3,4) and (7,10)

Answers

Answer:

(2,7)

Step-by-step explanation:

To find the midpoint, you need to plug the 2 points in to the midpoint formula.

[tex]( \frac{x_{1} +x_{2} }{2} , \frac{y_{1} +y_{2} }{2} )[/tex]. You are basically adding the x values and divided the sum by 2 and doing the same for the y values. To find the x value of the midpoint, you add -3 and 7 which gets you 4, then you divide by 2 which is 2. To find the y value of the midpoint you, you add 4 and 10 which gets you 14, then you divide by 2 which gets you 7. So your mid point is (2,7).

Jorge wants to find the most popular way for teens to volunteer in the community. He cannot decide between two methods.

Option 1: He will ask every fifth person on each English class roster.
Option 2: He will attend a walkathon to ask teen participants about the ways they volunteer.

Which statement about the methods is true?

Answers

Answer

option 2

Step-by-step explanation:

Answer:

option 2

Step-by-step explanation:

just did the test aye

Help with my homework. Please.

Answers

Answer:

Step-by-step explanation: since average speed = total distance/time

a)average speed of the journey from my home town to A = 10 miles/20 minutes = 0.5

b)journey from my home town to B = 20 miles/30 minutes = 0.7

c)10 miles + 20 miles = 30 miles

which takes 50 minutes

so: 30 miles/50 minutes = 0.6

Last year, Jane opened an investment account with 5500 . At the end of the year, the amount in the account had increased by 7.8%. How much is this increase in dollars? How much money was in her account at the end of last year? Increase in amount: Year-end amount:

Answers

Answer:

429 increase

5929 end of year

Step-by-step explanation:

simply do 5500 times 1.078 to get 5929 as ur total subtract 5500 to tet your increase of 429

The answer is 429.also the amount is 439

Margie is planning a dinner banquet. The equation
C=750+42g models the relation between the cost in dollars,
C, of the banquet and the number of guests,
g. Interpret the slope of the equation.

Answers

Answer:

The slope, 42, means that for each additional guest the cost of the banquet increases by 42 dollars.

Step-by-step explanation:

Final answer:

The slope of the equation given stands for the rate at which the cost is increasing for each additional guest at the banquet, in this case, $42 per guest.

Explanation:

In the equation C=750+42g, the slope is represented by the number 42. In the context of this problem, it is the cost per guest for the banquet. Meaning, for each additional guest (g), the total cost (C) of the banquet increases by $42. Therefore, the slope 42 signifies the rate at which the total cost of the banquet will increase per additional guest.

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In the right triangle shown, m∠A=30°m, AB = 12\sqrt{3}AB=12
How long is AC?

Answers

The correct length of AC is 18

Please answer I rlly need this☺️☺️

Answers

1. No
2. Yes
3. Yes
4. No
5. Yes

Answer:

I will answer two of them so you can get the understanding here

Substitute the number into the equation

10. t/7 = 1 , when t = 7

Replace t in the equation with 7

7/7 = 1

The equation makes sense, t=7 is a solution

13. 84 = 7y , when y = 12

Replace y in the equation with 12

84 = 7 * 12

84 = 84

The equation makes sense, y=12 is a solution

Which transformation is a rigid transformation?

2 right triangles have identical angle measures but different side lengths. Triangle 2 has longer sides.

2 right triangles have different angles and side lengths.

2 right triangles have identical side lengths and angle measures. The second triangle is a reflection of the first.

Answers

Answer:

C on edge

Step-by-step explanation:

just did it

The transformation that is a rigid transformation is: "2 right triangles have identical side lengths and angle measures. The second triangle is a reflection of the first." The correct option is C).

A rigid transformation preserves the shape and size of an object without altering its angles or lengths. Among the provided scenarios, the transformation where "2 right triangles have identical side lengths and angle measures, and the second triangle is a reflection of the first" is a rigid transformation.

In this case, the triangles maintain their original angles and side lengths while being flipped across a line of reflection. Rigid transformations include translations, rotations, and reflections, all of which maintain the geometric properties of the original shape.

The other scenarios involve changes in angles, side lengths, or both, which would not classify as rigid transformations due to alterations in shape or size. The correct answer is C).

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--The given question is incomplete, the complete question is given below

"Which transformation is a rigid transformation?

A, 2 right triangles have identical angle measures but different side lengths. Triangle 2 has longer sides.

B, 2 right triangles have different angles and side lengths.

C, 2 right triangles have identical side lengths and angle measures. The second triangle is a reflection of the first.  "--

A basketball with a diameter of 9.5 in. is placed in a cubic box with sides 15 in. long. How many cubic inches of packing foam are needed to fill the rest of the box? Round to the nearest tenth.

Answers

Answer:

2926.32 cubic inches

Step-by-step explanation:

Given the information:

A basketball with a diameter of 9.5 in

=> its radius is: 9.5/2 = 4.75 in

As we know, the formula used to find the volume of the sphere is:

V =π [tex]\frac{4}{3} r^{3}[/tex]

=> the volume of the basketball is:

V = π [tex]\frac{4}{3} 4.75^{3}[/tex]

= 448.69 cubic inches

A cubic box with sides 15 in

As we know, the formula used to find the volume of a cube is:

V = [tex]a^{3}[/tex]

=> the volume of the box:

V = [tex]15^{3}[/tex] = 3375 cubic inches

Hence, The volume of foam there is needed to complete the box is the subtraction between the two volumes above:

= the volume of the box - the volume of the basketball

=  3375 - 448.69

= 2926.32 cubic inches

30 POINTS!!!!!!!!! PLEASE HELP!!!!!!!!!
George has opened a new store and he is monitoring its success closely.


He has found that this store’s revenue each month can be modeled by r(x)=x2+6x+10 where x represents the number of months since the store opens the doors and r(x) is measured in hundreds of dollars.


He has also found that his expenses each month can be modeled by c(x)=x2−4x+5 where x represents the number of months the store has been open and c(x) is measured in hundreds of dollars.




What does (r−c)(4) mean about George's new store?





The new store will have a profit of $2300 after its fourth month in business.


The new store will sell 4500 items in its fourth month in business.


The new store will have a profit of $4500 after its fourth month in business.


The new store will sell 2300 items in its fourth month in business.

Answers

Answer:

It will be 4500

Step-by-step explanation:

Just substitute 4 for x in both equations and you will get:

r(4) = $5,000 store's revenues in 4 months

c(4) = $500 store's expenses in 4 months.

So, (r - c) = $5,000 - $500 =$4,500 store's profit after 4 months in business.

Hopes this works out!

You get a 27% discount on a sweater that is $18 sales tax is 8.4% how much is it after text total cost

Answers

Answer:

27/100×18=4.86

8.4/100×18=1.512

total is 6.372

What is the sum? StartFraction 3 y Over y squared + 7 y + 10 EndFraction + StartFraction 2 Over y + 2 EndFraction StartFraction 5 Over y minus 5 EndFraction StartFraction 5 (y + 2) Over (y minus 2) (y + 5) EndFraction StartFraction 5 Over y + 5 EndFraction StartFraction 5 (y minus 2) Over (y minus 5) (y + 2) EndFraction

Answers

Answer:

the answer is 5/y+5

Step-by-step explanation:

Answer:

its c on edge

Step-by-step explanation:

i know

You want to take group fitness classes at a nearby gym, but needs to start by selecting a membership plan. With the first membership plan, you can pay $20 per month, plus a $60 signing fee. With the second membership plan, you can pay $40 per month plus no signing fee. At what number of months will both plans cost the same amount?

Answers

Answer:

after 3 months,  both plans cost the same amount

Step-by-step explanation:

Let x is the number of monthsLet y is the total cost

Given the following information:

Plan 1: pay $20 per month, plus a $60 signing fee

=> the equation for this plan is:

y1 = 20x+60

Plan 2: pay $40 per month plus no signing fee

=> the equation for this plan is:  

y2 = 40x

To find number of months will both plans cost the same amount, we need to set the equation of plan 1 = equation of plan 2

<=> y1 = y2

<=> 20x+60 = 40x

<=> 20x = 60

<=> x = 3

So after 3 months,  both plans cost the same amount

A restaurant has 4 appetizers, 5 entrees and 2 desserts. How many different meal combinations could you order?

Answers

Step-by-step explanation:

1.) Firstly, you need to count out how many things there are. 4 app, 5 entrees, 2 desserts. This makes 11 different things

2.) for 11 numbers there can be 9 ways for each number for 1st nine places since 0 can't be the fist figure and next two are reciprocated from 10 numbers. Therefore 10!/2!

3.)So 99 combinations have 10!/2! Permutations hence total ways are 99*10!/2!

Q. Which equation best represents the relationship between x and y in
the graph?​

Answers

Answer:

y = -2x + 4

Step-by-step explanation:

(0, 4) represents your y-intercept.

Add 49 to the quotient of 125 and 5

Answers

Answer is:

125/5+49

=74

125/5=25

25+49=74

Answer is 74

You are picking out an outfit. Which of the following options shows a closet with 36 different possible combinations of outfits? Select all that apply. A) 9 shirts, 2 jeans, 2 hats B) 6 shirts, 3 jeans, 2 hats C) 4 shirts, 3 jeans, 3 jackets D) 12 shirts, 2 shorts, 2 hats E) 6 shirts, 6 jeans, 2 hats

Answers

Answer:

The answer would be A, B, and C.

Step-by-step explanation:

You multiply all of the numbers, and they should sum up  to your answer.

Final answer:

The options that show a closet with 36 different possible combinations of outfits are Option A (9 shirts, 2 jeans, 2 hats) and Option B (6 shirts, 3 jeans, 2 hats), as both of these options result in exactly 36 combinations when multiplied together.

Explanation:

You are looking for the combination of clothes in the closet that yields exactly 36 different possible outfit combinations. To calculate the number of combinations we can use the principle of multiplication. We multiply the number of choices for each piece of clothing to get the total number of combinations.

Option A: 9 shirts × 2 jeans × 2 hats = 36 combinations

Option B: 6 shirts × 3 jeans × 2 hats = 36 combinations

Option C: 4 shirts × 3 jeans × 3 jackets = 36 combinations (Incorrect, as this results in 36, not 36)

Option D: 12 shirts × 2 shorts × 2 hats = 48 combinations (Incorrect, as this results in 48, not 36)

Option E: 6 shirts × 6 jeans × 2 hats = 72 combinations (Incorrect, as this results in 72, not 36)

Therefore, the correct options that show a closet with 36 different possible combinations of outfits are Option A: 9 shirts, 2 jeans, 2 hats and Option B: 6 shirts, 3 jeans, 2 hats.

A
Put these numbers into standard form
1. 6 000
2.400
3. 80 000
4. 9000
5. 400 000
6. 4000
7. 450
8. 55 000
9. 350
10.750 000​

Answers

Answer:

Step-by-step explanation:

1) 6*10³

2) 4*10²

3) 8*10⁴

4)9000 = 9*10³

5) 400,000 =  4 *10⁵

6)4000 = 4*10³

7) 450 = 4.5 * 10²

8) 55 000 = 5.5*10⁴

9) 350 = 3.5*10²

10) 750 000 = 7.5*10⁵

Find the distance between -6 and 8. What is an expression that represents the distance? Complete the expression.

Answers

Answer:

14

Step-by-step explanation:

Using the absolute value function the distance is calculated as

| - 6 - 8 | = | - 14 | = 14

or

| 8 - (- 6) | = | 8 + 6 | = | 14 | = 14

Answer:

-6 - 8

Step-by-step explanation:

Consider the cylinder with a volume of 132π cm3. A cylinder with volume of 132 pi centimeters cubed. What is the volume of a cone with the same radius and height as the cylinder? 33 pi centimeters cubed 44 pi centimeters cubed 66 pi centimeters cubed 132 pi centimeters cubed

Answers

Answer:

44 pi centimeters cubed

Step-by-step explanation:

Since, base radius and height of cone are equal to to that of cylinder. Hence,

[tex]Volume \: of \: cone \\ = \frac{1}{3} \times Volume \: of \: cylinder \\ = \frac{1}{3} \times132\pi \\ = 44\pi \: {cm}^{3} [/tex]

Answer:44 pi centimeters cubed

Step-by-step explanation:

2x-7=13 what is answer

Answers

Answer:

x = 10

Step-by-step explanation:

2x-7=13

2x = 20  (Add 7 to both sides)

x = 10 (Divide by 2 on both sides)

Answer:

10

Step-by-step explanation:

2x - 7 = 13

2x = 13+7 = 20

x = 20/2 = 10

What is the surface area of the right rectangular prism? Enter your answer in the box. 6ft 4ft 3ft

Answers

Answer:

The surface area will be 108 ft

Step-by-step explanation:

If the length is 6ft, the width is 4ft and the height 3ft = The surface area will be 108 ft

The length of a field, 1.2 km long is represented on a map by a line 40mm long. What is the scale of the map

Answers

Final answer:

The scale of the map is 1:30,000.

Explanation:

The scale of a map represents the relationship between the distance on the map and the corresponding distance on the Earth's surface. To find the scale of the map, we need to determine the ratio between the length of the field on the map and its actual length. In this case, the length of the field is 1.2 km, which is represented on the map by a line that is 40 mm long.

To calculate the scale, we can use the formula:

Scale = Actual length on the ground / Length on the map

Substituting the values, we get:
Scale = 1.2 km / 40 mm

First, we need to convert the length on the map to the same unit as the actual length. Since 1 km = 1,000,000 mm, we can convert mm to km by multiplying by 1/1,000,000:

Length on the map in km = 40 mm × (1 km / 1,000,000 mm) = 0.00004 km

Now we can calculate the scale:

Scale = 1.2 km / 0.00004 km = 30,000

Therefore, the scale of the map is 1:30,000.

4/3 x −4 = 5 + x Help me please!
A) 0.5
B) 2
C) 18
D) 27

Answers

Answer:

The answer is D.

Step-by-step explanation:

4/3 x - 4 = 5 + x

4/3 x = 9 +x

1/3 x = 9

x = 27

D) 27

4/3(27) - 4 = 32
27 + 5 = 32

what solution is y=x+6 and 3x-3y=18

Answers

Answer:

0

Step-by-step explanation:

Substituting y into equation 2...

3x - 3(x + 6) = 18

3x -3x -18 = 18

3x - 3x = 18 - 18

0 = 0

How to determine whether a number is prime or composite number without using calculator fast?

Answers

Answer:

To prove whether a number is a prime number, first try dividing it by 2, and see if you get a whole number. If you do, it can't be a prime number. If you don't get a whole number, next try dividing it by prime numbers: 3, 5, 7, 11 (9 is divisible by 3) and so on, always dividing by a prime number

The dot plot shows h r. Ruda's class scored on a 5-point math quiz. Mr. Ruda described the data as having a spread from
0 to 5, a center of 3, two clusters, and a peak at 5. Where did Mr. Ruda make an error?
Scores on the Math Quiz
The spread is from 0 to 8.
The center is at 2
There is only one cluster.
The booklet
om
BV
PHILIPS

Answers

Answer:

B. The center is at 2

Step-by-step explanation:

please help me out! I’ll give brainliest ! :)

Answers

Answer:

90 men working for a company

50 POINTS! :D
One car traveled 120 miles and drove 10 mph hour faster than a second car drove 100 miles. If the cars were travelling for the same time, how fast was the first car travelling?

90 mph
50 mph
60 mph
80 mph

Answers

The speed of the first car is 60mph.

What is multiplication?

Multiplication is a mathematical arithmetic operation. It is also a process of adding the same types of expression for some number of times.

Example - 2 × 3 means 2 is added three times, or 3 is added 2 times.

Given:

One car traveled 120 miles and drove 10 mph hour faster than a second car drove 100 miles.

Let n be the speed of the first car.

And the n + 10 be the speed of second car.

And t be the time take by both of the cars.

According to the question,

120 / n = 100 / n+10

Using cross multiplication,

20n = 1200

n = 1200 / 20

n = 60

Therefore, the value of n is 60mph.

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Hiii I need help in this Plzzz helppp

Round these numbers to the nearest hundredth.

1)1.43

2)1.25

3)0.38

Answers

To round to the nearest hundredth, look at the third value to the right of the decimal point.

For instance, if there is a value 7.829, it would be rounded to 7.83, because 9 rounds up to 10. If the value was instead 7.821, it would be rounded to 7.82, because 1 rounds to 0.

However, the values listed are already rounded to the nearest hundredth, so no more work is required.

Answer:

No rounded needed.

Step-by-step explanation:

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