The formula we use for continuous compounding is
where P is the initial amount invested, r is the rate as a decimal, and t is time in years. Our P = 1300, our r = .042, and our t = 5.75 (9 months is 3/4 of a year, and 3/4 in a decimal is .75). Putting all that into our formula we have
. We have to multiply those 2 powers together and then raise euler's number to it, then multiply by 1300. Doing all of that, we get the amount at the end to be $1,655.10
Answer:
Slope =6
Step-by-step explanation:
The given equation is in the form: y = mx + b
Here, m is the slope & b is y-intercept
y = 6x + 2
m = 6
Answer:
3(3a+4)
Step-by-step explanation:
3(3a+4)
use distributive property
9a+12
Answer:
16
Step-by-step explanation:
Add 13 both sides
That would give you 5v=80
Divide 80 by 5. So v would equal 16
Step-by-step explanation:
Water is the universal solvent" with a grain of salt (pun intended). Of course it cannot dissolve everything, but it does dissolve more substances than any other liquid, so the term fits pretty well. Water's solvent properties affect all life on Earth, so water is universally important to all of us.
