julibobnar19 julibobnar19

01-05-2018
Mathematics

contestada

peter put $8,000 into a savings account that pays 6% interest, compounded continuously. what will he have after 5 years?

Respuesta :

TheGreatWulfbite TheGreatWulfbite

01-05-2018

So, continuous compound formula is:
[tex] Pe^{rt} [/tex]
P is Principal Amount
r is Rate
t is Time
P is 8000
r is 6%
t is 5
Therefore, you get $10,798.86.

Answer Link

Otras preguntas

It costs $2.50 to rent bowling shoes. Each game costs $2.25. You have $9.25. Write and solve an equation to find out how many games you can bowl.

solve this equation Thank you!!

Which word best fills in the blank? The height of land above sea level is called altitude or O plateau O elevation Olatitude O direction

solve this equation Thank you!!

3. Students from 4 classes at Franklin Elementary School are going on a field trip to the theater. Each class has 30 students. There will also be 6 teachers and

Solve the equation, 2x + 1 = 3, for x. Which of the following properties of equality did you apply? Question 5 options: A) Subtraction and division B) Subtracti

70 POINTS!!!! This is my fourth time asking, PLEASE HElP!!! What is the domain of the following points?(The following points are on the image below) A {-7, 3, 7

what are the answers to the 21 and 22 pages of the only grammar and style workbook you'll ever need

oh wow i had no idea that is a lot of employees i also want to know what types of programs the federal government fund for its citizens can you give me three ex

5. What metaphor did Las Casas use to describe the natives and where does this metaphor come from?