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
State the name of the property illustrated below.
ivanzaharov [21]

Answer:

Step-by-step explanation:

This is the associative property for addition. In informal language, it says under addition, the order of the addition is not critical.

8 0
3 years ago
Anyone know this please ;)
PIT_PIT [208]

Answer:

The planet to have the biggest mass is Jupiter

the radius of mercury is 2.44 × 10^5

the difference in mass between Jupiter and Saturn is 2.2 × 10⁴

3 0
3 years ago
What are two other ways to name plane C?
svetoff [14.1K]
Answer: Other names for plane C can be plane EFG or plane EBF hope that helps (:
4 0
3 years ago
It is greater than 43 and less then 52 if you add the digits the sum is 8
Ksenya-84 [330]
44 is the answer 4+4=8
3 0
4 years ago
4$ is what percent of 50$ ?
djyliett [7]
8 percent. The answer to 4$is what percent of 50$ is 8%



5 0
3 years ago
Read 2 more answers
Other questions:
  • Please hurry! I'll mark brainliest if you're fast!
    14·2 answers
  • Qual o resultado da subtração dos dois polinômios abaixo? (2x2 + 4x) (–2x2 + x – 6)
    8·1 answer
  • the residents of a city voted on whether to raise property taxes the ratio of yes votes to no votes was to​
    7·1 answer
  • Of the 12 people attending a lecture, 2 have brown eyes. What is the probability that a randomly selected person will have brown
    7·1 answer
  • Alfred has two cans containing biscuit dough. The cans are cylindrical and their dimensions (in inches) are as follows. • Can A:
    15·1 answer
  • 12.
    12·1 answer
  • Marty joined Movies R U for a $12 fee and an agreement to pay $2.50 per movie he rents. The equation for his total cost is y = 2
    11·2 answers
  • What is the value of X?
    7·1 answer
  • 5 pts! (Yall I really need help) How much does a video game cost per in:
    10·2 answers
  • Three local stores are each selling their videos game consoles for the same price the table below shows how many consoles have b
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!