1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
garri49 [273]
3 years ago
15

Using the continuously compounding formula, what would the be the balance if you invest $5500 at a rate of 8% compounded continu

ously for 6 years?
Mathematics
2 answers:
saul85 [17]3 years ago
6 0
The formula is A = Pe^(rt)where A = amount in the account after a specified period of timeP = principlee = a constant value (similar to using pi in a formula)r = rate (change to a decimal)t = time (in years unless otherwise specified)
A = 5500e^(.08*6)A = $8888.41Always round money to two decimal places unless told otherwise.

Maksim231197 [3]3 years ago
5 0
A = Pe^(rt) becomes A = $5500e^(0.08*6) = $8888.41.
You might be interested in
I'll mark as Brainliest, Please answer ASAP, Ihave MCAS tomorrow. How could this be true?? Please Explain.​
iragen [17]

Answer:

D

Step-by-step explanation:

Put  m+2  in place of 'x'

   (m+2)^2 + 1               <======expand

   m^2 + 4m + 4       + 1   =

   m^2   + 4m + 5

8 0
2 years ago
David works at Mc Donald’s, and he made 96.75 for 10 hours of work how much does David earn per hour
Digiron [165]
9.675

Move the decimal back one spot


Mark brainliest please
7 0
3 years ago
Read 2 more answers
F(x) = x^2. What is g(x)?
Murrr4er [49]
C would be your answer i hope i helped you :) sorry if i’m incorrect. i’m not sure
6 0
2 years ago
What is the solution of the equation?
nadya68 [22]

Answer:

q = 4

Fully simplifying this equation gives you answer (A) q = 4

Hope this helps!

8 0
3 years ago
What is f(-3) if f(x) =|2x-1|-5
dangina [55]
F(x) = |2x-1|-5

f(x) = |2*(x)-1|-5

f(-3) = |2*(-3)-1|-5 ... replace every x with -3

f(-3) = |-6-1|-5

f(-3) = |-7|-5

f(-3) = 7-5

f(-3) = 2 which is the final answer

Side Note: the vertical bars mean "absolute value" which represents distance. Negative distance makes no sense which is why absolute value results are never negative.

6 0
4 years ago
Read 2 more answers
Other questions:
  • Help me answer this question please
    7·1 answer
  • Please answer this question now
    6·1 answer
  • -8(1+8n)-8(6-4n)=-24
    6·1 answer
  • Zoro Manufacturing Company manufacturers wooden picture frames. Each piece of wood yields 15 frames. Each piece of wood costs $1
    10·1 answer
  • Survey of 140 people:
    11·1 answer
  • Find a 3 digit number with all these properties: all 3 digits are different, the 1st digit is the square of the second digit in
    14·1 answer
  • What are the sets of 5x &gt; 125
    13·1 answer
  • I need help on this please
    6·2 answers
  • Need answer quick please answer quick
    9·1 answer
  • Car insurance companies want to keep track of the average cost per claim. The current data in use for Auto Insurance R Us is an
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!