Answer:
No
Step-by-step explanation:
Formula for compounding continuously is:
A = Pe^(RT)
A = Amount, P = Principal, e = constant ≈ 2.71828..., R = Rate per year,
T = Time.
A = ?, P = $1400, R = 5.5% = 5.5/100 = 0.055, T = 6 years.
A = Pe^(RT)
A = 1400*(2.71828)^(0.055*6) use a calculator.
A ≈ 1947.35
Amount or balance is ≈ $1947.35
I hope this helps.
Step-by-step explanation:
8 + 12
20
4 - 6 × 2 + 5
use pemdas
4 - 12 + 5
-8 + 5
-3
20:-3
focus on one side at a time
Answer: 300,408
If you add 300000+400+8 yout get 300408
Answer:
Quantitative
Step-by-step explanation: