Ask question

Ask question

All categories

2 years ago

9

Dylan invested $20,000 in an account paying an interest rate of 5.3% compounded continuously. Assuming no deposits or withdrawal

s are made, how much money, to the nearest cent, would be in the account after 5 years?

1 answer:

almond37 [142]2 years ago

7 0

Answer:

$24,240

Step-by-step explanation:

20,000 + 1,060 (5-1)

You might be interested in

Given f(x)=-3x+3solve for x when f(x)=6

natali 33 [55]

Answer:

x = -1

Step-by-step explanation:

Given: $f(x) = - 3x + 3$

Solve for x, When: $f(x) = 6$

Step by step:

$- 3x + 3 = 6$

$- 3x = 6 - 3$

$- 3x = 3$

$x = 3 \div - 3$

$\boxed{\green{x = - 1}}$

3 0

2 years ago

Use x to represent any unknown number<br><br> The sum of 8 and a number is 22

sashaice [31]

8+x = 22

Zzzzzzzzxxx zzzzzz

4 0

2 years ago

Use the simple interest formula to find the ending balance.

ivolga24 [154]

I = prt
where i = interest, p = principal, r = interest rate, t = time

i = $1500 * 0.07 * 1.5

i = $157.5

4 0

3 years ago

Read 2 more answers

800 * 600 + 200+ 100=? <br> Solve show that your smart

Viefleur [7K]

Answer: 480300

Step-by-step explanation:

800 * 600 + 200 + 100

480000 + 200 + 100

480000 + 300

480300

4 0

2 years ago

Read 2 more answers

Need to find the missing length and round to nearest tenth. I'm a bit confused.

astraxan [27]

ANSWER

15.9

EXPLANATION

Given:

A right-triangle with two sides and an angle

Desired Outcome:

The value of x

Apply the SOH CAH TOA rule

$\begin{gathered} tan\theta=\frac{x}{34} \\ x=34\times0.4663 \\ x=15.8544 \end{gathered}$

Hence, the value of x is 15.9 (rounded to the nearest tenth).

5 0

1 year ago