The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)

( ∵
)
We change the P (Present value) into the left side,


≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Answer:
I figure you could simplify it by multiplying both sides by 6, resulting in -31+23=-30+18-1+5
-8=-8
Step-by-step explanation:
Answer:C
Step-by-step explanation:
The answer is C because the minimum is 33 and the maximum is 51. The first quartile is 33. THE SECOND QUATILE IS 39 and the 3rd quartile is 47.
Answer:
will you have to put the options down in the ch.at since you didn't put them in the question
Step-by-step explanation:
Answer:
7/4
Step-by-step explanation:
To find the reciprocal of 4/7, flip the fraction.
The numerator goes in the denominator and the denominator goes in the numerator
7/4