Answer: S=135
Step-by-step explanation:
Here is the link I'm sure its the right answer.
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.947939.html
Since, 8 and 5 both are prime numbers u can simply multiply 8 and 15 to get your answer..
the ans is 120..
Answer: 72 HOPE THIS HELPS!
Answer:
Option 4 is correct
Step-by-step explanation:
If the rate is compounded continuously, the formula used to find the future value is:
A= Pe^rt
Where A = Future Value
P= Principal amount
r = interest rate in decimal
t = time
For the given data:
A=?
P = $5000
r = 7% or 0.07
t = 6
Putting values in the above formula
A= 5000e^(0.07 *6)
A = 7609.81
So, Option 4 is correct.