Complete Question
If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years
Answer:
$ 12,934.61
Step-by-step explanation:
The formula for Compound Interest Compounded continuously is given as:
A = Pe^rt
A = Amount after t years
r = Interest rate = 2.5%
t = Time after t years = 3
P = Principal = Initial amount invested = $12,000
First, convert R percent to r a decimal
r = R/100
r = 2.5%/100
r = 0.025 per year,
Then, solve our equation for A
A = Pe^rt
A = 12,000 × e^(0.025 × 3)
A = $ 12,934.61
The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.
Answer:
the answer would be .5 miles
Step-by-step explanation:
Answer:
Alicia is 18years
Quentin is 14years
Rosalyn is 16years
Step-by-step explanation:
Let the age of Alicia be x
Let the age of Quentin be y
Let the age of Rosalyn be z
If the sum of the siblings’ ages, in years, is 48 then;
x+y+z = 48.... 1
If Rosalyn is two years older than Quentin then;
z =y+2 ..... 2
Also if Quentin is four years younger than Alicia then;
y = x-4 ... 3
From 3:
x = y+4 ... 4
Substitute 2 and 4 into 1 to have:
y+4+y+y+2 = 48
3y + 6= 48
3y = 48-6
3y= 42
y = 14
Since x= y+4
x = 14+4
x = 18
Since z = y+2
z = 14+2
z = 16year
This means that;
Alicia is 18years
Quentin is 14years
Rosalyn is 16years
Answer:
-19.8
Step-by-step explanation:
It’s 5,905 bc you need to add all of you distilled water to know if you have enough