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gtnhenbr [62]
4 years ago
8

How much money has to be invested at 2.9% interest compounded continuosly to have 34,000 after 18 years

Mathematics
1 answer:
navik [9.2K]4 years ago
7 0

Answer:

\$20,173.31  

Step-by-step explanation:

we know that

The formula to calculate continuously compounded interest is equal to

A=P(e)^{rt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest in decimal  

t is Number of Time Periods  

e is the mathematical constant number

we have  

t=18\ years\\ A=\$34,000\\ r=0.029  

substitute in the formula above  

34,000=P(e)^{0.029*18}  

P=34,000/((e)^{0.029*18})=\$20,173.31  

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A delivery truck is transporting boxes of two sizes: large and small. The large boxes weigh 50 pounds each, and the small boxes
skad [1K]
So this is how we are going to solve for the given problem above.
Given that x = number of large boxes
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50x + (120-x)20 = 4050
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30x + 2400 = 4050
30x = 4050 - 2400
30x = 1650 <<divide both sides by 30
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Hope this is the answer that you are looking for.
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6 0
3 years ago
HELP FAST ITS EASY BUT IDK HOW ITS WRONG ITS ONLY true or false​
seropon [69]

Answer:

on p or q put

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1) p and q true

2) q false

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6 0
3 years ago
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A square piece of fabric is the side length of 3.2 cm find the area of the piece of the fabric
Sauron [17]

The area of square fabric piece is 10.24 cm^2

Step-by-step explanation:

Square is a four-sided shape where all sides are equal. The area of square is calculated by using its side.

Given

Side length of fabric piece = s = 3.2 cm

The area of square is given by:

Area = A = s^2

Putting s= 3.2

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Keywords: Square, area

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7 0
3 years ago
Fiecare dintre cei 25 de elevi ai clasei a |||-a a realizat un jurnal al luni . Stiind ca pentru fiecare zi s-a folosit o pagina
sammy [17]
The question in English
<span>Each of the 25 students in the class has  made a journal on Monday. Knowing that every day a page was used and that the month is 31 days, find out how many pages the logs of all students.

</span>Let
x--------------> total students
y--------------> total days in a month
z--------------> total page used per one student in 1 day
T--------------> total page used per total students in 1 month

we know that
x=25 students
y=31 pages
z=1 page

T=[x]*[y]*[z]------------> T=[25]*[31]*[1]------------> T=775 pages

the answer is 775 pages


<span>the answer in Romanian
</span>
lăsa
x--------------> numărul total de elevi
y--------------> <span>total zile într-o lună
</span>z--------------> <span>pagina totală utilizată pentru un student în 1 zi
</span>T--------------> pagina totală utilizată pentru toți elevii în 1 lună
noi stim aia
x=25 elevi
y=31pagini
z=1 pagină

T=[x]*[y]*[z]------------> T=[25]*[31]*[1]------------> T=775 pagini

răspunsul este de 775 de pagini
5 0
4 years ago
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