Answer: the value of the account after 10 years is $2606
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
P = 1800
r = 3.7% = 3.7/100 = 0.037
t = 10 years
Therefore,
A = 1800 x 2.7183^(0.037 x 10)
A = 1800 x 2.7183^(0.37)
A = $2606 to the nearest dollar
The answer is y= a/3(3+x)
You will find the side by 28 ÷ 4 = 7 ft because a square has 4 equal sides.
Then we will do side × side to find the area of a square, so 7 × 7 = 49 ft²
So the answer is 49ft²
Answer:
g = 0
Step-by-step explanation:
4 = 2(3g + 2) ← divide both sides by 2
2 = 3g + 2 ( subtract 2 from both sides )
0 = 3g , then
g = 0
x 20 - 2q40 = 8
x 20 - 2q40 = 8
- 2q40 = 8
= 1.018