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hram777 [196]
4 years ago
12

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

Mathematics
1 answer:
Helga [31]4 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.

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Chasidy and Shelby went to the candy store. Chasidy bought 5 pieces of fudge and 3 pieces
AlladinOne [14]

Answer:

75cents for the fudge while the bubble gum are .50 cents

Step-by-step explanation:

because we got that 75 cents is for the fudge so they we multiple 75cents w 2 and when you sum it up if it makes the amount they spent then its right

6 0
3 years ago
Which one is the answer???
-Dominant- [34]
D is correct because y on I doesn't equal y on II.
5 0
3 years ago
What is the GCF of 8 and 24?
Marysya12 [62]

The factors of 8 are 1, 2, 4, and 8.


The factors of 24 are 1, 2, 3, 4, 6, 8, 12, and 24.


The largest factor that is in both these lists is 8, therefore, the greatest common factor os 8 and 24 is 8.


Hope this helped! (:

3 0
3 years ago
Read 2 more answers
⚠️⚠️PLEASE READ⚠️⚠️
aniked [119]

yes!! glad that you support this! keep your head up and keep on smiling! <3

5 0
3 years ago
Step by step please help answer.
sweet-ann [11.9K]

Answer:

(2) 2,640 ft

Step-by-step explanation:

I'm going to assume that in this question, you are walking 1 full circle around the reservoir. That would mean you need to calculate the circumference of the circular reservoir.

The circumference formula is:

C = ⫪d

C stands for Circumference

d stands for diameter

I will use 22/7 instead of pi, so the formula looks more like this:

C = (22/7)(d)

The diameter is 840 feet, so we will substitute the variable d with 840:

C = (22/7)(840)

You can plug this part into the calculator, but by hand, it'll look something like this:

(22/7)*840 = (22*840)/7

18,480/7 = 2.640

Hope it helps (●'◡'●)

5 0
3 years ago
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