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Stolb23 [73]
4 years ago
10

What do you think the definition of life? Just money? Whats your objective?

Mathematics
2 answers:
Wittaler [7]4 years ago
5 0
I like the idea that life is for fun. Just chase your dreams~
oee [108]4 years ago
3 0
Life is a time where you are figuring out your purpose, what you want, how you can make a difference in the world. Life is learning lessons, and dealing with struggles.   Money is something that greatly affects life. Money is helpful, and fun, but can cause problems. The objective of life is to try your best and make the most out of it.
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The number of points that lie on a period at the end of a sentence are _____.
OlgaM077 [116]
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8 0
3 years ago
A person places $7320 in an investment account earning an annual rate of 8.2%,
klasskru [66]

Answer:

The amount of money after 12 years is $19581.99 to the nearest cents

Step-by-step explanation:

The formula of the compound continuously interest is V = Pe^{rt} , where

  • V is the value of the account in t years
  • P is the principal initially invested
  • e is the base of a natural logarithm
  • r is the rate of interest in decimal

∵ A person places $7320 in an investment account

∴ P = 7320

∵ The account earning an annual rate of 8.2%, compounded continuously

∴ r = 8.2% ⇒ divide it by 100 to change it to decimal

∴ r = 8.2 ÷ 100 = 0.082

∵ The time is 12 years

∴ t = 12

→ Substitute these values in the formula above to find V

∵ V = 7320e^{0.082(12)}

∴ V = 19581.99121 dollars

→ Round it to the nearest cents ⇒ 2 d.p

∴ V = 19581.99 dollars

∴ The amount of money after 12 years is $19581.99 to the nearest cents.

8 0
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