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3 years ago

if $5,000,000 isinvested at 4% interest compunded continuously, how much willl the investment be worth in 30 years

1 answer:

8 0

The answer is $16216987.55 (IMPORTANT: This is the answer assuming that the interest rate is annually. The quesiton says 'continuously' so I was a bit confused)

To solve this problem, you can use the compound interest formula.

Here it is once you plug in the numbers: A = 5,000,000 ( 1 + .04) ^30

Just solve the equation to find the solution.

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Which option is an example of a survey?

Mars2501 [29]

Answer:

Having customers fill out a questionnaire about their favorite brand of toothpaste.

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3 years ago

If y=5-3 and 3x-y=-1 what is the value of y

Oksana_A [137]

Answer: The value of y is 2

Step-by-step explanation:

If y=5-3 and 3x-y=-1

Take y=5-3 first

y = 5 - 3

y = 2

Then, take 3x-y=-1, and put y = 2 in the Expression

3x-y=-1

3x - (2) = -1

3x - 2 = -1

3x = -1 + (-2)

3x = -1 -2

3x = -3

To get x, divide both sides by 3

3x/3 = -3/3

x = -1

Thus, the value of y is 2 while x is -1

7 0

3 years ago

Read 2 more answers

Your classmates Sarah, Gene and Paul are proposing plans for a class fundraiser. Each presents his or her proposal for the amoun

elena-14-01-66 [18.8K]

Answer:

hi dara

Step-by-step explanation:

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3 years ago

Henry has a 88 average after 7 assignments in his class. He would like

dimulka [17.4K]

Answer: He need to score 100 in next assignment to can get an A.

Step-by-step explanation:

Given: Average marks till now = 88%

Average = (sum) divided by (Number of observations)

Here, number of assignments =7

So, $88=\dfrac{(sum)}{7}\Rightarrow\ sum =88\times7= 616$ (i)

After next assignment, number of assignments = 8

Required Average = 89.5

$89.5=\dfrac{sum}{8}\Rightarrow\ sum = 89.5\times8= 716$ (ii)

(ii)-(i) gives 100

So, he need to score 100 in next assignment to can get an A.

5 0

3 years ago

Question 10 (1 point)<br> The measure of angle x is 80<br> True<br> False

Vlad1618 [11]

Answer:

the answer is false

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3 years ago