1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
You might be interested in
-4/4 + 160% + 1/5=????
kifflom [539]

Answer:

-4/4+160% of +1/5= -0.68 or 8/25

Step-by-step explanation:

-4/4+160% of +1/5

-1 + 160% of + 1/5

-1 + 160% of + 0.2

-1 + 0.32

-0.68 as a decimal

and

8/25 as a fraction

8 0
4 years ago
If the measure of Angle Q N T is 74°, what is the measure of Arc Q P N?
Marianna [84]

Answer:148

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Using the tabular method to solve the following 2x^3+x^2-16x+15 divided by 2x-3
CaHeK987 [17]
The answer is
x^2 +2x -5
Using the tabular method to solve
4 0
3 years ago
What is. The answer to 4)742
Nata [24]

Answer:

0.00539083558

3 0
3 years ago
I need help please and thank you
Anit [1.1K]

Answer:

4

Step-by-step explanation:

The slope of the line is given. It is 4. Use the equation y=mx+b to answer the other questions.

Substitute 1 in for y, 4 in for m, and 2 in for x and solve for b. The equation would look like 1=4(2)+b.

Solving that equation will give you b=-7

That means the y-intercept is -7.

The equation would then be y=4x-7

6 0
3 years ago
Other questions:
  • Factor f(x)=x4-x3-7x2+13x-6 completely. Then Sketch the graph
    7·1 answer
  • What are the slope and y intercept of the linear function? Please help
    10·1 answer
  • A=2πr solve for π‍‍‍
    8·1 answer
  • Commutative property of addition<br> Addends<br> 1+2=3<br> Is the same as<br> _ _+_ _=3
    10·1 answer
  • Dilate the vector -2,6 by a factor of one half
    12·1 answer
  • Will mark brainlist and please show your work!
    11·1 answer
  • an airplane is 4,000 feet above the ground .it begins to descend at a rate of 140 feet per minute.how many minutes will it take
    10·1 answer
  • If a truck travels for 3 hours, how many miles will it travel? __ miles
    15·2 answers
  • Will mark brainliest if help
    7·2 answers
  • This is a pond in the shape of a prism. It is completely full of water. Colin uses a pump to empty the pond. The level goes down
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!