Mika placed $4200 in a savings account which compounds interest continuously at a rate of 2.3%. How much will she have in the ac
count after 3 years? Round to the nearest dollar.
1 answer:
Mika placed $4200 in a savings account which compounds interest continuously at a rate of 2.3%.
How much will she have in the account after 3 years?
1st year 4200 x 1.023 = 4296.60
2nd year 4296.60 x 1.023 = 4395.4218
3rd year 4395.4218 x 1.023 = 4496.5165
Round to the nearest dollar.
$4497
You might be interested in
An yes
Step-by-step explanation:
2=2 is 5
9514 1404 393
Answer:
32 feet
Step-by-step explanation:
The width of the doll house is 8/10 of the length of the doll house, so the actual house will have a width that is 8/10 of its length:
(8/10)(40 ft) = 32 ft
The actual house is 32 feet wide.
Answer:
Step-by-step explanation:
<em><u>Identity Used </u></em>: 
Area = 7(x + 2) = 7x + 14
Perimeter = 2(7 + x + 2) = 2(9 + x) = 18 + 2x
7x + 14 > 18 + 2x
7x - 2x > 18 - 14
5x > 4
x > 4/5
It represented a vertical line that no matter what y is, x is always 6
