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Harlamova29_29 [7]
4 years ago
14

Using the continuously compounding formula, what would the be the balance if you invest $5500 at a rate of 8% compounded continu

ously for 6 years? PLEASE SHOW ALL OF YOUR WORK in the space provided.
Mathematics
1 answer:
Oxana [17]4 years ago
6 0
Continuously compounding formula is given by:
A=Pe^(rn)
where:
A=future value
P=principle
r=rate
n=number of terms
From the information given:
P=$5500, r=8%, n=6 years
thus
A=5500e^(0.08×6)
A=5500e^(0.48)
A=$8888.41
The balance would be $8888.41
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You pick a card at random.
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2 years ago
What is the slope of the line that passes through the points (2,1) and (5,6)
dlinn [17]

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Step-by-step explanation:

4 0
3 years ago
Find an equation of the line satisfying the given conditions Through (6,4); perpendicular to 3X + 5Y =38
Katyanochek1 [597]
To answer this, we will need to know:

• The slope of the equation we are trying to get
• The point it passes through using the 

First, we will need to find the slope of this equation. To find this, we must simplify the equation 3x+5y=38 into y=mx+b form. Lets do it!

3x+5y=38
= 5y = -3x+38 (Subtract 3x from both sides)
= y= -\frac{3}{5}x+ \frac{38}{5} (Divide both sides by 5) 

The slope of a line perpendicular would have to multiply with the equation we just changed to equal -1. In other words, it would have to equal the negative reciprocal.

The negative reciprocal of the line given is \frac{5}{3}. 

Now that we know the slope, we have to find out the rest of the equation using the slope formula, which is:

\frac{y-y _{1} }{x- x_{1} }=m

Substituting values, we find that:

\frac{y-4}{x-6}= \frac{5}{3}

By simplifying this equation to slope-intercept form (By cross-multiplying then simplifying), we then get that: 

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Thank you, and I wish you luck.
8 0
4 years ago
Read 2 more answers
A firework is launched into the air from ground level with an initial velocity of 128 ft/s. If acceleration due to gravity is –1
Hitman42 [59]

Answer:

h = 256 feet

Step-by-step explanation:

Given that,

The initial velocity of firework, v = 128 ft/s

The acceleration due to gravity is-16 ft/s².

We need to find the maximum height reached by the firework.

The equation for the firework is :

h(t) = -16t^2 + 128t

To find the vertex's x-coordinate, we can use  

t=\dfrac{-b}{2a}\\\\t=\dfrac{-128}{2\times (-16)}\\\\t=4\ s

Put all the values in the expression for h (t).

h(t) = -16(4)^2 + 128(4)\\\\h(t)=256\ ft

So, the maximum height reached by the firework is 256 feet.

6 0
3 years ago
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