aquan hopes to earn $1100 in interest in 3.1 years time from $55,000 that he has available to invest. To decide if it's feasible to do this by investing in an account that compounds quarterly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. What would the annual rate of interest have to be? Round to two decimal places.

Q: Kyle just retired, and has $570,000 to invest. A very safe Certificate of Deposit (CD) account pays…

A: Explained below

Q: Nico is saving money for his college education. He invests some money at 7%, and $1700 less than…

A:

Q: Marci invests $3000 at 6% yearly interest. How much does she have to invest at 8% so that the yearly…

A: Given- Marci invests $3000 at 6% yearly interest.  To find- The amount invested at 8% so that yearly…

Q: A man invest his savings and two accounts one paying 6% and the other paying 10% simple interest per…

A:

Q: A bank account balance, in dollars, is modeled by the equation f (t) = 1000 - (1.08)*, where t is…

A:

Q: A tank initially contains 50 gallons of brine, with 30 pounds of salt in solution. Water runs into…

A: This question is related to differrential equations, We will solve it using given information.

Q: Heather has divided ​$5500 between two​ investments, one paying 8​%, the other paying 6​%. If the…

A:

Q: At the end of spring break, Lucy left the beach and drove back towards home, driving at a rate of 40…

A: Speed of Lucy = 40 mph Speed of Lucy's Friend = 50 mph

Q: At 8:30 a.m., a coroner was called to the home of a person who had died during the night. In order…

A: We have given the temperature of body was 84.2°F at 9:00 a.m. and 81.6°F at 11:00 a.m.

Q: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related…

A: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related…

Q: Omar has invested a fraction 3/13 of his savings in an account that pays an annual interest rate of…

A:

Q: A depositor currently has P10,000 and plans to invest it an account occurring 2% quarterly. How long…

A: Compound interest formula

Q: Bill and Brandon are downhill mountain-biking. Bill starts 500 feet ahead of Brandon and bikes at a…

A: Suppose, it will take t seconds for Brandon to catch up Bill So, at a rate of 42 feet/sec , Brandon…

Q: The balance after T months of a $3,000 investment is given by A(t)= 3000* 1.012^t. Determine how…

A:

Q: A woman invested 3 times as much at 3% as she did at 5%. The total amount of interest she earns in 1…

A:

Q: At 8:30 a.m., a coroner was called to the home of a person who had died during the night. In order…

A:

Q: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related…

A: Given: The equation 625p2-x2=100  And 16000 cartoons of eggs available and the price is falling at…

Q: On monday, Irithel's group sold 6 small t-shirts. Their daily goal is to sell double the number of…

A:

Q: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related…

A: Given the equation is 625p2-x2=100, x=18and the price is falling at the rate of 8¢/carton/week, that…

Q: Tom's team takes 2 hours to build the machine, while Sara's team takes 3 hours to build the same…

A: Concept used:  If  work completed in 'x' hours     =  1 amount of work               Then, work…

Q: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related…

A: To find the rate of change of supply

Q: Elena has a saving account with $1,250. If she does not deposit or withdraw any money from the…

A:

Q: Maile deposited $9,000 into a retirement account whose balance grew 4%per year. She made no further…

A:

Q: Tom and Jerry can mop the floor in 37 minutes if they work together. If Tom works 5 times as fast as…

A: We are solving first question only as per the answering guidelines. If you want any specific…

Q: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is related…

A: Suppose the wholesale price of a certain brand of medium-sized eggs p (in dollars/carton) is…

Q: A farmer bought a scratch ticket and found out later that he won $1,800,000. After 30% was deducted…

A: We use the formula                I=PTR/100 Where I=Interest            P=principal amount…

Q: Demand for your tie-dyed T-shirts is given by the formula: q = 500 − 100p0.5 where q is the number…

A:

Q: . The population of a community will be treble by the year 2009. If the population in the year 1998…

A: We have to solve the given problem.

Q: Newborn blue whales are approximately24 feet long and weigh 3 tons. Young whales arenursed for 7…

A: Given that newborn blue whales are approximately 24 feet long and weigh 3 tons. Young whales are…

Q: the amount deposited at each rate if the total annual interest income is 1900.

A: We have to find the amounts deposited by Liza at each category. So let the amount deposited at 2.5%…

Q: Instead of spending the $50 a month you receive, you decided to invest it in your money market…

A: Given  Monthly income is 50$ Interest pa is 5% Inflation each year 2.5%

Q: Devante just retired, and has $590,000 to invest. A very safe Certificate of Deposit (CD) account…

A: Given data - Devante required total interest =  $41,000. Total amount to invest =  $590,000. We have…

Q: fibernet offers 500 megabyte per second internet service for $25 per month with a $50 installation…

A: Given: Installation fee for fibernet = $50 Charges per month for fibernet = $25 Installation fee for…

Q: An investment pays simple interest, and triples in 17 years. What is the interest rate

A:

Q: Ritu plans to invest $25,000 in government bonds which pay 7% return annually. She also wants to…

A: We have given that Ritu plans to invest $25,000 in government bonds which pay 7% return annually…

Q: A person invested $8000 for 1 year, part at 7%, part at 11%, and the remainder at 13%. The total…

A: We will evaluate this as shown below

Q: A farmer estimates that if he digs his potatoes now he will have 120 bushels, which he can sell at…

A:

Q: An economist predicts that the buying power B(x) of a dollar x years from now will decrease…

A: To find the (decreasing) purchasing power of the dollar under the given model

Q: A foundation invests $55,000 at simple interest, a part at 7%, twice that amount at 4%, and the rest…

A: Let the investment at 7% be x amount.Then the investment at 4% = 2x.So, the investment at 5.5% =…

Q: A small business borrowed $225,000 from three different lenders to expand their product line. The…

A: Let x =Amount borrowed at 7% 2x=Now Amount borrowed at 5%

Q: Carl invested $10000 into a CD that compounds quarterly with an annual interest rate of 4.5%.…

A: Given Carl invested $10000 into a CD that compounds quarterly with an annual interest rate of 4.5%.…

Q: Santiago receives ​$179 per year in simple interest from three investments. Part is invested at​…

A: Simple interest

Q: A twenty-four kilogram bag of birdseed is priced at $16.88. One hundred twenty grams of feed is put…

A: Given cost of 24 kg bag=$16.88 We know that 1 kg=1000 g (a) Amount of birdseed put on the feeder…

Q: Blake is doing laps around a track. Blake can run 3 miles per hour faster than he can walk around…

A:

Q: At 8:30 a.m., a coroner was called to the home of a person who had died during the night. In order…

A:

Q: Mikayla invests $2000 in one account and $900 in an account paying 3 % higher interest. At the end…

A: Basics  of Simple interest.

Q: Matt just retired, and has $810,000 to invest. A very safe Certificate of Deposit (CD) account pays…

A: We need to find amount Matt should invest.

Q: yle plans to invest $6000, part at 5% simple interest and the rest at 6% simple interest. What is…

A: Given that: Total money to be invested = $6000                   Minimum guaranteed return per year…

Q: Kyle is entering high school and is determined to save money for college. Kyle feels he can save…

A: Answer:-

Q: You are working to earn enough money for a vacation which costs 1200.0 dollars. Your take-home pay…

A: take home pay per hour =$16.50 per hour number of working hours per days = 4 Therefore, total take…

Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.