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Brums [2.3K]
3 years ago
15

How much money will be accrued after 3 years if a principal investment of $820 is compounded continuously at 5%?

Mathematics
1 answer:
ludmilkaskok [199]3 years ago
4 0
Total = Principal * e ^ (rate * years)
where "e" is the mathematical constant = 2.718281828459 ...
Total = $820.00 *  2.718281828459 ^ (.05 * 3)
Total = $820.00 * <span> <span> <span> 1.1618342427 </span> </span> </span>
Total = <span> <span> <span> 952.70</span></span></span>

Source:
http://www.1728.org/rate2.htm


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The question posed in the task content is a goal seeking analysis type of question.

How many servers will be needed to reduce the waiting time of restaurant customers to less than 9 minutes is a goal seeking analysis question.

<h3>Goal seeking analysis</h3>

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2 years ago
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Naddika [18.5K]

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x=1

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7 0
3 years ago
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Estimate 12.59 _ 7.68 to the nearest whole number​
slega [8]

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8 0
3 years ago
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Stolb23 [73]

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Step-by-step explanation:

5 0
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Could someone help me with this pls
barxatty [35]

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v = \pi \: r  ^{2} h

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21100.8 = 330 \times r {}^{2}

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\sqrt{63.94 }= r

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8 0
2 years ago
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