Solve by isolating x, check by plugging in the value you got for x in the original equation
Answer: $663 would be in the account after 13 years.
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.
From the information given,
P = $300
r = 6.1% = 6.1/100 = 0.061
t = 13 years
Therefore,
A = 300 x e(0.061 x 13)
A = 300 x e0.793
A = $663
Answer:1000
Step-by-step explanation:
Answer:
Step-by-step explanation:
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
What is the solution to the equation 4x + 2(x − 3) = 3x + x − 12? (1 point) −3 −1 1 3
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