4 years ago

How much would $300 invested at 7% interest compounded continuously be worth after 4 years

1 answer:

8 0

The formula of compound continuously is
A=p e^rt
A future value?
P present value 300
R interest rate 0.07
T 4 years
E constant
A=300×e^(0.07×4)
A=396.94 round your answer to get
A=397

You might be interested in

The quotient obtained when an integer is divided by its additive inverse is ________________.

LenaWriter [7]

Answer: -1

Step-by-step explanation: Let the integer be x

It's additive inverse = -x

= x / -x = -1

7 0

3 years ago

What is the values of the soul out ion to the inequality<br> 9 < 3x + 4?

HACTEHA [7]

Answer:

x>5/3

Step-by-step explanation:

9<3x+4

3x+4>9

3x>9-4

3x>5

x>5/3

5 0

3 years ago

PLS HELP, WILL GIVE BRAINLIEST

faltersainse [42]

11x-2 that’s the answer

3 0

3 years ago

Read 2 more answers

Find the area for a trapezoid 9.85 m 15 m 11 m 9 m

igor_vitrenko [27]

Answer:

total area = 99m² + 39.4m²

= 138.4m²

7 0

3 years ago

Classify the following triangle as acute, obtuse, or right

777dan777 [17]

Acute.........................

4 0

3 years ago

Read 2 more answers