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ipn [44]
3 years ago
15

you invest $2800 in an account that pays an interest of 5.5%, compounded continuously. calculate the balance of your account aft

er 12 years. round answer to the nearest hundredth. LAST QUESTION AND I NEED IT CORRECT PLSSS
Mathematics
2 answers:
LuckyWell [14K]3 years ago
5 0

Hi, hope this helps you. Have a good day. :)

Answer:

A = $5,417.42 (balance of the account)

I = $2,617.42

AlexFokin [52]3 years ago
5 0

Answer:

The balance in the account after 12 years is $5417.42

Step-by-step explanation:

* Lets talk about the compound continuous interest

- Compound continuous interest can be calculated using the formula:

 A = P e^rt

• A = the future value of the investment, including interest

• P = the principal investment amount (the initial amount)

• r = the interest rate

• t = the time the money is invested for

- The formula gives you the future value of an investment,

  which is compound continuous interest plus the

  principal.

- If you want to calculate the compound interest only, you need

 to deduct the principal from the result.

- So, your formula is:

 Compounded interest only = Pe^(rt)  - P

* Now lets solve the problem

∵ P = $ 2800

∵ r = 5.5/100 = 0.055

∵ t = 12

∴ A = 2800 e^(0.055 × 12) = $5417.42

* The balance in the account after 12 years is $5417.42

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kap26 [50]
Ratio of girls : boys = 5 : 4

<u>Find total parts:</u>
Total parts = 5 + 4 = 9

<u>Find 1 part:</u>
9 parts = 36
1 part = 36 ÷ 9 = 4

<u>Find 5 parts (Girls):</u>
Girls = 5 parts = 4 x 5 = 20

Answer: There are 20 girls.
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3 years ago
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ludmilkaskok [199]

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3 years ago
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In ΔUVW, the measure of ∠W=90°, WV = 39, UW = 80, and VU = 89. What ratio represents the cosine of ∠U?
kumpel [21]

Answer:

cos ∅ = 80/89

Step-by-step explanation:

As required from the question the picture below represent a triangle UVW . The angle W = 90°. The sides WV = 39 , VU = 89 and UW = 80. The triangle forms a right angle triangle .

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Answer:

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Step-by-step explanation:


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