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
hram777 [196]
3 years ago
12

Find the value of an investment of $5000 at 7% compounded continuously for 6 years

Mathematics
1 answer:
Helga [31]3 years ago
8 0

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.

You might be interested in
What is the x-intercept of a parabola also called​
aliya0001 [1]

Answer:

maximum point

Step-by-step explanation:

7 0
3 years ago
Which statement best describes a chord of a circle?
Ugo [173]
<span>A chord of a circle is a straight line segment whose endpoints both lie on the <span>circle
</span></span><span> The statement  that best describes a chord of a circle is 
</span>It is a segment that connects two distinct points on a circle
so the correct option is c
hope it helps
6 0
3 years ago
Solve the equation for x. <br><br> 2(5x + 3) = 26
Aleksandr [31]

Answer: x=2

Step-by-step explanation:

2(5x+3)=26

Distribute the 2

10x+6=26

Subtract 6 from both sides

10x=20

Divide both sides by 10

x=2

5 0
3 years ago
Larry is 10 years old and his sister is 7 years old. In how many years time will there total age be 25 years?
maks197457 [2]
In the next 25 years, Larry will be 35 years old, while his sister will be 3 years less than him which is 32 years old for his sister, since his sister is 3 years younger.
7 0
3 years ago
Read 2 more answers
30 points!
madreJ [45]
You would start at (0,36) and then move to (1, 24) , (2,12), (3,0) because he gives out 12 bags per hour 
7 0
2 years ago
Read 2 more answers
Other questions:
  • Brad owns 3 surfboards and 2 wet suits. If he takes one surfboard and one wet suit to the beach, how many different combinations
    9·1 answer
  • What is the completely factored form of 2x^3+4x^2-x
    14·1 answer
  • Jean-Paul Sovique, the famous sculptor, is building a solid conical sculpture. He has 1,178.1 cubic feet of clay to work with, a
    9·1 answer
  • Find x so that the triangle shown below is a right triangle.
    7·1 answer
  • PLEASE HELP THIS WAS DUE 1 WEEK AGO AND IM SO STRESSED OUT
    10·2 answers
  • Solve the equation. c4−5=4
    13·1 answer
  • (a+b)^2 bằng bao nhiêu
    10·1 answer
  • Abboy has 800, he spend 160. What fraction of his original money does he have left
    8·1 answer
  • Solve the following <br><br> 4x-1÷2=X+7
    5·2 answers
  • In an effort to improve scores on college-entrance exams, the principal at a large high school chooses 35 students
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!