Answer-> ~29.66479 (29.7)
The answer is $16216987.55 (IMPORTANT: This is the answer assuming that the interest rate is annually. The quesiton says 'continuously' so I was a bit confused)
To solve this problem, you can use the compound interest formula.
Here it is once you plug in the numbers: A = 5,000,000 ( 1 + .04) ^30
Just solve the equation to find the solution.
Answer:
150
Step-by-step explanation:
Answer:
y=0.1(3)^x
Step-by-step explanation:
hope it helps you..
have a great day!!