Answer:
1.3
Step-by-step explanation:
give brainliest
Your answer would be ( A ) 132 inches
Answer:
4 different answers
Step-by-step explanation:
1.
[(24/3) + (5*2^2)] = 28
2.
[(3 + 5) * 2^2 )]/24 = 32/24 = 4/3
3.
[(24/3 + 5)*2^2] = 52
4.
[(3 + 5*2^2)/24] = 23/24
Answer:
<u>The balance in the account after 10 years is US$ 2,442.81</u>
Step-by-step explanation:
1. Let's review the data given to us for answering the question:
Investment amount = US$ 2,000
Duration of the investment = 10 years
Annual interest rate = 2% compounded continuously
2. Let's find the future value of this investment after 10 years, using the following formula:
FV = PV * eˣ ⁿ
PV = Investment = US$ 2,000
number of periods (n) = 10 (10 years compounded continuously)
rate (x) = 2% = 0.02
e = 2.71828 (Euler's number)
Replacing with the real values, we have:
FV = 2,000 * (2.71828)^0.02*10
FV = 2,000 * 2.71828^0.2
FV = 2,000 * 1.2214027
<u>FV = US$ 2,442.81</u>
