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

An electrician charges $24 per hour and $36 for each hour of overtime. For a job, the electrician works 8 regular hours and overtime hours. He also charges $202

what were the bill of rights?

How did trade influence the development of Tiahuanaco? Select all correct answers. It led to an alliance with traders from Teotihuacán. It led to an alliance wi

5. What promises do Stanton and Douglass make to their audiences and how does each author fulfill his promise with regards to the narrative?

four hundred thirty-seven ten-thousandths in decimal form

The total cost after tax to repair Deborah's computer is represented by 0.06(50h) +50h, where represents the number of hours it takes to repair Deborah's compu

The net below shows the dimensions of a triangular pyramid with equilateral base. What is the lateral surface area of this triangular pyramid?

Given || m m || n, find the value of x.

State whether the slopes would represent parallel lines, perpendicular lines, or neither. -4 and 1/4 8 and -8 7 and 17 2 and 2

Which expression is equivalent to √125x6^y15^z3^?