1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
evablogger [386]
3 years ago
12

If $516 is invested at an interest rate of 9% per year and is compounded continuously, how much will the investment be worth in

5 years?
Mathematics
1 answer:
m_a_m_a [10]3 years ago
6 0

Answer:

$809.25

Step-by-step explanation:

You are going to want to use the continuous compound interest formula, which is shown below.

A = Pe^{rt}

<em>A = total</em>

<em>P = principal amount</em>

<em>r = interest rate (decimal)</em>

<em>t = time (years)</em>

<em />

First, lets change 9% into a decimal:

9% -> \frac{9}{100} -> 0.09

Lets plug in the values now:

A=516e^{0.09(5)}

A=809.25

<u>The investment will be worth $809.25 after 5 years.</u>

You might be interested in
He lengths of two sides of a triangle are shown.
Korvikt [17]

Answer:

oooooooooooooooooooooooo

so sorry sorry sorry I don't no answer

Step-by-step explanation:

but you follow me and give me brainliest ok by by by

3 0
2 years ago
Michael has constructed a device that fits on the end of a water hose. With this device, he can adjust the diameter of a tube co
Oduvanchick [21]
 x
---- = 5    (solve for x)
0.6

x = 5(0.6)
x = 3

then....

 3
-----  = 15
0.2

your answer should be 15 ft per second.

hope this helps :)










3 0
3 years ago
Read 2 more answers
14+4i+25-10i+26+8i combining complex numbers
AleksandrR [38]
65+2i is the answer- I am almost 100 percent sure
8 0
2 years ago
Digit realizes that some members of the audience cannot see the bride and groom due to the current seating arrangement. Therefor
DiKsa [7]

Answer:

A dilation

Step-by-step explanation:

i

3 0
2 years ago
Plz help...<br> 6b - 49 =2(b - 3)
wel
You always start by simplifying.
6b-49=2<span>(</span>b-3) becomes 6b-49=2b-6
From there you can group the b's together by subtracting 2b from both sides, leaving you with 4b-49=-6
Now you can get the b's alone by adding 49 (to cancel out -49) to both sides, giving you 4b=43, You're still trying to get b by itself, so what you'll do is divide both sides by 4, giving you b=10.75
5 0
3 years ago
Read 2 more answers
Other questions:
  • Roberto scored 3 points in 2 soccer
    7·1 answer
  • If two lines intersect , then they intersect in exactly one
    7·1 answer
  • How do you divide mixed fractions
    8·2 answers
  • I have an 80 mark math exam this tuesday and there are no study holidays in between. I have 5 chapters coming. I want to practic
    9·1 answer
  • Write each percent as a fraction in simplest form. 16%
    13·2 answers
  • Helppppp (10 points)
    15·1 answer
  • Please help need quickly
    7·1 answer
  • X - 62 = 123<br> How should you show your work to isolate the variable and solve the equation?
    6·1 answer
  • The grade of a hill is its steepness represented as a percent. Jin tracks his walking speed up different hills. What does the ra
    15·1 answer
  • Sylvie and Bono hiked to the 6,288-ft summit of Mount Washington, then hiked to Carter Notch Hut for the night. Carter Notch Hut
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!