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sveta [45]
2 years ago
9

A principal amount of $4,700 is deposited into an account paying interest at a rate of 3%, continuously compounded. What will be

the account balance after 3 years?
A. $5,142.62
B. $5,882.09
C. $6,430.29
D. $8,010.51
Mathematics
1 answer:
Ronch [10]2 years ago
8 0

The account balance after 3 years if the interest is compounded continuously is $5,142.62

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

  • Principal, P = $4,700
  • Time,t = 3 years
  • Interest rate, r = 3%

r = 3/100

r = 0.03 rate per year,

A = Pe^rt

A = 4,700.00(2.71828)^(0.03)(3)

= 12,775.916^0.09

A = $5,142.62

Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62

Learn more about compound interest:

brainly.com/question/24924853

#SPJ1

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If a company has five employees with annual salaries of $60,000, $70,000, $60,000, $90,000, and $80,000, respectively, what is t
Vanyuwa [196]

well to find the mean you add up all the numbers then divide by the ammount of numbers so it would be 60,000+70,000+60,000+90,000+80,000=360,000 then you divide that by 5 and you end up with 72,000

6 0
2 years ago
Vince weighs 160 pounds, and his friend Nadir weighs 140 pounds. Nadir calculated that his weight on another planet would be abo
Oksanka [162]

Answer:76

Step-by-step explanation:

Vince=160

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160-84=76 pick c

4 0
3 years ago
HELPPP PLEASEEEEEEEEE
Mashutka [201]
For synthetic division:
1) Write the coefficients of the polynomial under the division symbol, in order. Make sure you include coefficients that are 0, so they may not be written out in the polynomial! 
The coefficients are 7, 1, 0 (the coefficient of x), and -4 in that order

2) The divisor is in the form of x - a. The number "a" goes outside the bracket.
a = 5

Since 7, 1, 0, -4 are under the bracket and 5 is outside the bracket, the answer is C.

------

Answer: C
7 0
3 years ago
14 1/6 - 7 1/3 in simplest form <br> Help plz
Firdavs [7]

Answer: 7 -1/6

Step-by-step explanation:

Multiply the denominator and numerator (1/3) by 2 to get 2/6, then do 1/6-2/6, which gives you a negative. Then subtract your whole numbers (14-7) to get 7 -1/6

7 0
3 years ago
Read 2 more answers
What is the next number in this sequence and why?
vekshin1

2,6,15,31,......

6-2=4=2X2

15-6=9=3X3

31-15=16=4X4

So the next number should be 31+5X5=56

hope this helps :)

3 0
3 years ago
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