roar4kotap9ni5r roar4kotap9ni5r

01-06-2018
Mathematics

contestada

If $10000 is invested at a rate of 2.3% compounded continuously, find the balance in the account after 15 years.

Respuesta :

McChuck McChuck

07-06-2018

$10000 compounded continuously at a rate of 2.3% for 15 years will yield a final amount of $14119.9

[tex]A=10000* e^{(0.023*15)} [/tex]

[tex]A=10000(2.718281828459045)^{(0.345)}[/tex]

[tex]A=14119.9[/tex]

Answer Link

Otras preguntas

A technique in which writers meet with other writers to get feedback, or comments, on their work, is called _____ book group. debate or panel. peer review. stud

Which group of algae is the most closely related to vascular plant, what scientific evidence can be used to support your answer

The ratio of the number of cars Ed has to the number of cars Pete has was 5:2 at first. After Ed gave 30 cars to Pete, they had an equal amount of cars each. Ho

Which substance would most likely form sedimentary rock? O cooled lava melted rock changed igneous rock small pebbles

Find the slope of the line that passes through (72, 60) and (73, -5).

who knows the answer

Given g(x) = -2x + 5, find g(2)

In the triangle below, what is the tangent of 60?

Read the prompt. Then, choose the option with the correct demonstrative adjective.

What mass of water uses 7500 J to increase the temperature from 2 oC to 3 oC? The following information for water is given, but may or may not be useful: Δc = 4