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o-na [289]
2 years ago
15

An account has $26,000 after 15 years. The account received 2.3 percent interest compounded continuously. How much was deposited

initially. Show all work.
Mathematics
1 answer:
Leya [2.2K]2 years ago
7 0

The intital amount deposited was  $18485.82.

<h3>How to find the compound interest?</h3>

If n is the number of times the interested is compounded each year, and 'r' is the rate of compound interest annually, then the final amount after 't' years would be:

a = p(1 + \dfrac{r}{n})^{nt}

An account has $26,000 after 15 years. The account received 2.3 percent interest compounded continuously.

A = 26000

R = 0.02.3

a = p(1 + \dfrac{r}{n})^{nt}

26000 = p(1 + \dfrac{2.3}{100})^{15}\\\\26000 = p \times 1.4064\\\\\P= 18485.82

Therefore, the intital amount deposited was  $18485.82.

Learn more about compound interest here:

brainly.com/question/1329401

#SPJ1

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5 0
3 years ago
SOMEONE PLEASE HELP ME
Ostrovityanka [42]

Answer:

28, 30, 32

Step-by-step explanation:

Three consecutive even numbers are three even numbers that are next to each other. For example, 2, 4 and 6 would be 3 consecutive even numbers.

With this sort of problem, you want to try to let each number be equal to one thing and then construct the same number of equations as you have variables:

Let's let,

Integer 1 = X

Integer 2 = Y

Integer 3 = Z

X + Y + Z = 90

We also know, that

Y = X + 2

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Z = X + 4

Now, we can sub these equations into the first equation. We do this so that we have everything represented as the same variable.

90 = X + (X+2) + (X+4)

90 = 3X  + 6

84 = 3X

28 = X

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8 0
3 years ago
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Lina20 [59]

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2 years ago
A salesperson sells $2200 in merchandise and earns a commission of $286.
Elza [17]

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8 0
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In your biology class, your final grade is based on several things: a lab score, scores on two major tests, and your score on th
Artemon [7]

Answer:

72.51

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Given that :

Lab score % = 23%

Each Major test % = 22.5%

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Second major test = 62

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2 years ago
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