3 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

HELP! BRAINLIEST ANSWER OFFERD.

UkoKoshka [18]

Answer:line d

Step-by-step explanation:

Look at they y intercept

4 0

3 years ago

What is (2.40*10^2)/(3.0*10^-1)

Naddik [55]

Answer:

800

Step-by-step explanation:

5 0

3 years ago

36 is ______ % less than 60

disa [49]

Is = %
Of. 100

36. = x
60. 100
3600=60x
Divide by 60
x=60

So 36 is 60% of 60
Or 40% less than 60

7 0

3 years ago

Sharon can buy cards in boxes of 12 and stamps in packages of 20 what is the least number of boxes of cards she should buy?

-Dominant- [34]

The least number of boxes Sharon should buy is 5 boxes.

Step-by-step explanation:

Given,

Number of cards in box = 12

Number of stamps in packages = 20

We will find least common multiple of 12 and 20.

12 = 12,24,36,48,60,.....

20 = 20,40,60,80,....

The LCM of 12 and 20 is 60.

Now,

12 cards = 1 box

60 cards = $\frac{60}{12}\ boxes$

60 cards = 5 boxes

The least number of boxes Sharon should buy is 5 boxes.

8 0

3 years ago

Benito spent $1837 to operate his car last year. Some of these expenses are listed below. Benito's only other expense was for ga

natita [175]

The answer is $.085. This is the cost of the gasoline per mile. I got the answer through adding all the expenses (insurance, registration, and maintenance) which added up to $1191 and then subtracting it from $1837, which gets me $646. Lastly, I computed for the cost of gasoline per mile through dividing $646 by 7600 miles. I got .085.

3 0

3 years ago