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tatyana61 [14]
2 years ago
9

Through: (4, -1), parallel to y = -3/4x

Mathematics
1 answer:
Arada [10]2 years ago
8 0
Is this a algebra question? I just want to know?
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You have your heart set on buying a new car in 2 years. You invest $3,200 at 3.75% interest compounded continuously. How much mo
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<u>Answer:</u>

The available amount for the down payment of car and invested $3,200 at 3.75% interest compounded continuously is 3449.23$

<u>Explanation:</u>

We know final amount is given by  

Where,

A=P \times e^{r t}

A   =   final amount

P   =  initial principal balance = $3200

r    =   interest rate = 3.74%

t    =  number of time periods elapsed = 2 years

Substituting the values in the formula

r=\frac{3.75}{100}=0.0375

A=3200 \times e^{(0.0375 \times 2)}

We know, e = 2.72

So we get A = 3449.23$ which is the available amount for the down payment of car .

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Train travels 60 miles in 40 minutes what is the average speed
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Write as a mixed number 73/8
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The variable used to predict changes in the values of another value is called the response variable.
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