Find the time required for an investment of $5000 to grow to $8000 at an interest rate of 7% per year if it is compounded quarterly

7 years

Step-by-step explanation:

A = P (1 + r)^(n)

where A is the final amount, P is the initial amount, r is the interest rate, and n is the number of times of compounding.

Compounded quarterly means compounded 4 times per year.  So the effective interest rate per compounding is:

r = 0.07 / 4

r = 0.0175

Given that A = 8000 and P = 5000:

8000 = 5000 (1 + 0.0175)^n

1.6 = 1.0175^n

log 1.6 = n log 1.0175

n = (log 1.6) / (log 1.0175)

n ≈ 27.1

Rounding up to the nearest whole number, it takes 28 compoundings.  Since there's 4 compoundings per year:

t = 28 / 4

t = 7

It takes 7 years.

step-by-step explanation:

we are given

since, we have to isolate x on anyone side

so, we can move all x terms on one side

subtract both sides by 2x

add both sides by 9

divide both sides by 4

we get

m∠cdf = 43° , m∠gdf = 114°, m∠gde = 23°, m∠edh = 23° , m∠cdh = 157°

step-by-step explanation:

since, it is given that de bisects the angle gdh ⇒ de divides the angle gdh into two equal angles.

⇒ m∠gde = m∠edh

⇒ 8·x   - 1 = 6·x + 5

⇒ x = 3

so, m∠gde = 8·x - 1 = 23°

and m∠edh = 23°

now, it is given ∠cde is an straight angle so, m∠cde = 180°

⇒ m∠cdf + m∠fdg + m∠gde = 180°

⇒ 43° + m∠fdg + 23° = 180°

⇒ m∠fdg = 114°

again, m∠cde = m∠cdh + m∠edh = 180°

m∠cdh + 23° = 180°

⇒ m∠cdh = 157°