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2 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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Work out -8 - 8 I don’t understand this question help

shepuryov [24]

-8 -8 = -16
You add -8 to -8

7 0

3 years ago

Read 2 more answers

Please help, PhotoMath isn’t helping and I don’t understand

Pie

Answer:

Option B

Step-by-step explanation:

As here,

In all the options processes in 3rd step .

As the bases are same exponents get added. 

And in Option B 3rd step it has been correctly done form of,

${ ({2}^{ \frac{1}{4} } )}^{4} = 4$

Is correct simplification.

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2 years ago

Simple math but I can't seem to understand it: x+y=2 becomes y=2-x, in order to find slope and y intercept y=mx+b The result bec

IgorLugansk [536]

Answer:

See below.

Step-by-step explanation:

So we started off with the equation:

$x+y=2$

And we subtracted x from both sides to acquire:

$y=2-x$

Now, this is essentially slope-intercept form. Recall that the slope-intercept form is:

$y=mx+b$

Where m is the slope and b is the y-intercept.

If we rearrange our equation:

$y=2-x\\y=-x+2$

And put some parentheses:

$y=(-1)x+(2)$

We can see that this is indeed slope-intercept form.

And we can see that m is -1 and b is 2.

In other words, the slope is -1 and the y-intercept is 2.

3 0

3 years ago

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Estimate what is 130% of 20. Show work please! I need the right answer!

aksik [14]

26 would 130% of 26%.

20 would be 100% of itself leading us to X being 130%.
That brings us to two equations of 20=100% and x=130%
20/x=100%/130%

20/x=100/130
(20/x)*x=(100/130)*x
20=0.769230769231*x
26/0.769230769231=x
26=x therefor x=26

3 0

3 years ago

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Eric takes a train to his parent’s house 320 miles away. If the trip takes 4 hours, what is the unit rate of the train?

Rasek [7]

Answer:

80 miles per hour

Step-by-step explanation:

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3 years ago