Answer:
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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
Answer:
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Step-by-step explanation:
arshad2623f
Answer:
151 degrees
Step-by-step explanation:
Since each side is r times the side of ABC, then 30*r+40*r+60*r is the perimeter, which equals 130r (by separating it into r*(30+40+60) using the distributive property)
