The Amount of investment equals $974.83.
The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.
- The formula for continuous compound interest is A=P^e^(r*t)
Amount of investment = $535 * e^(6%*10)
Amount of investment = $535 * 1.82211880039
Amount of investment = $974.833558209
Amount of investment = $974.83
Therefore, the Option B is correct since the Amount of investment equals $974.83.
Read more about compound interest
<em>brainly.com/question/24274034</em>
Answer:
The situation that best illustrates an effect of the law of demand is, for example, that a theater sells more popcorn after it lowers the price of popcorn, so the quantity demanded increases as a result of a decrease in price.
Answer:
the answe is oviusly A hope this helps
Answer
True
Explanation
The data from the Florida Crash Reports and annual registrations and licensure numbers indicate that in 2004, 416 motorcyclists died in Florida while in 2008 the number reached 532.In 2008, 55 % of the fatalities were wearing helmets, while 35% were with no helmet. The Florida Rider Training Program (FRTP) is an effort established to educate the public on fatalities in motor cycle fatalities.
Explanation:
The deeper you go in both Earth's interior and the swimming pool the greater the pressure grows. The difference is the swimming pool contains, mostly liquid and Earth's interior contains mostly solids.
