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
Vikki [24]
3 years ago
7

Find the total amount in the compound interest account.

Mathematics
1 answer:
Evgesh-ka [11]3 years ago
3 0
\bf \qquad \textit{Compounding Continuously Earned Amount}\\\\
A=Pe^{rt}\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$1740\\
r=rate\to 12\%\to \frac{12}{100}\to &0.12\\
t=years\to &5
\end{cases}
\\\\\\
A=1740\cdot e^{0.12\cdot 5}

bear in mind that the continuously compounding interest is just that, a daily compounding cycle, taking a year as 365days.
You might be interested in
A bag contains 6 red marbles, 10 white marbles, and 7 blue marbles. You draw 4 marbles out at random, without replacement. What
Lapatulllka [165]

Answer:

3/1771

Step-by-step explanation:

Probability is the chance or likelihood that an event will occur.

Probability = expected outcome/total outcome

Total outcome = total number of marbles

Total outcome = 6+7+10 = 23marbles

If four marbles are drawn, the probability that they are all red is expressed as;

Pr(picking the first red marble) = 6/23

Since it is without replacement, the total marble becomes 22

Pr(picking the second) = 5/22

Pr(picking the third marbles = 4/21

Pr(picking the 4th marble) = 3/20

Note that the number of red marbles keep reducing and the total marble keep reducing as well.

Pr(picking the 4marbles) = 6/23×5/22×4/21×3/20 (we multiplied because or is an independent events)

Pr(picking the 4marbles) = 360/212520

Pr(picking 4 red marbles) = 72/42504 =36/21,252

= 9/5313

= 3/1771

Hence the probability of picking 4 marbles at random without replacement is 3/1771

4 0
3 years ago
Please help me with this
notka56 [123]

Answer:

Option 3

Step-by-step explanation:

Download pdf
4 0
3 years ago
What is y- 8= - 1/2(x+4) in standard form?
scoundrel [369]
For the answer to the question above asking  <span>What is y- 8= - 1/2(x+4) in standard form?

</span>y-8=-1/2x + (-2)
  +8               +8
y=-1/2x +6
I just used a 2 step equation for it. I first used Distributive Property. Then Subtracted 8 from each side.
i hope my answer helped.
3 0
3 years ago
HELP APPRECIATED <br><br> WILL GIVE BRAINLIEST:)
klemol [59]

Answer:13 1/8

(Decimal: 13.125)

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Find the slope of the line through the points (2, −4) and (2, −3). Is the line horizontal, vertical, or neither?
sweet-ann [11.9K]

Answer:

The line would be verticle or up and down, since the x coordinate is the same it would be up and down

funciton is y=2

8 0
3 years ago
Read 2 more answers
Other questions:
  • Please help
    5·2 answers
  • Look at the picture
    13·2 answers
  • Which answer shows this equation in standard form?
    7·1 answer
  • Describe how to write 7,594,000,000 in scientific notation. Complete the description. First move the decimal point places to the
    13·1 answer
  • Suppose you are the diving officer on a submarine conducting diving operations. As you conduct your operations, you realize that
    11·1 answer
  • Does anyone know this one too? <br><br>x - 17 = 15​
    11·1 answer
  • What is the equation of the line that passes through the point(−7,−1) and has a slope of 1?
    11·1 answer
  • The coordinates of triangle PQR are P (2, -3), Q (-3, 5), and R (-1, -2). If the points of the triangle are reflected across the
    10·2 answers
  • The angle measures of an isosceles triangle are shown. Find the value of w.
    15·1 answer
  • A company invests $32000. after 4 years of growth at the same rate each year, the investment is worth $42692. find the annual gr
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!