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
Varvara68 [4.7K]
4 years ago
14

opened a savings account and deposited $1,000.00. The account earns 9% interest, compounded continuously. If he wants to use the

money to buy a new bicycle in 1 year, how much will he be able to spend on the bike? Use the formula A=Pert, where A is the balance (final amount), P is the principal (starting amount), e is the base of natural logarithms (≈2.71828), r is the interest rate expressed as a decimal, and t is the time in years. Round your answer to the nearest cent.
Mathematics
1 answer:
MrRa [10]4 years ago
8 0

Answer: $1094.17

Step-by-step explanation:

Amount = Pe^rt

You might be interested in
Twelve people each have a standard deck of cards. Each person shuffles the deck and draws two cards (without replacement). Anyon
Vlad [161]

Answer:

5

0.9990

0.0401

Step-by-step explanation:

1) Probability(diamond) = 13/52 = 1/4

Probability(not diamond) = 1 - 1/4 = 3/4

Probability of atleast one diamond = 1 - probability of no diamonds

= 1 - (¾ × ¾) = 1 - 9/16 = 7/16

Expected no. = np = 12 × 7/16

= 5.25 = 5 (nearest whole no.)

2) let X be the no. of people winning the prize.

Then X ~ B(12, 7/16)

[ X follows a Binomial Distribution with 12 trials and probability of success (winning prize) = 7/16 ]

P(atleast 1 winning) = 1 - P(X=0)

= 1 - (9/16)^12

= 0.9989966087

= 0.9990 (4 dp)

3) P(X=2) = 12C2 × (7/16)² × (9/16)^10

= 0.0400613268

= 0.0401 (4 dp)

7 0
3 years ago
Matt uses a compass and straightedge to construct parallel lines. Annie uses technology to construct parallel lines. In your own
harkovskaia [24]
Matt needs to use the side of the straightedge to make parallel lines, and he needs to check that the distance from one line to the other is the same. Annie just needs to be sure that her lines are the same distance apart when doing hers. <span />
3 0
3 years ago
A triangle has two sides of length 5 and 12. what value could the length of the third side be? More then one can be correct.
jeyben [28]
Condition\ for\ existing\ triangle\\\\&#10;a,b,c- sides\ of\ triangle\\\\&#10;a+b>c\\a+c>b\\b+c>a\\&#10;5+12=17\\\\&#10;a)\ 712 \ , 7+12>5 \\&#10;b)\ 512\\c)19\not5 \\\Third \side\ can\ be\ a,e,f&#10;
5 0
4 years ago
On Monday 21 dvd's were checked out at the library. This is 3 less than half the amount of books check out that day. How many bo
Tanya [424]
The answer is 48. 21+3 is equal to half of the books so 24 times 2 is 48.
5 0
3 years ago
Read 2 more answers
A business had sales last year of $139,526,000. Write the value of the 9 digit in this number. _________________________________
tresset_1 [31]
Oooooooonnnnnneeeeeeeemmmmmmmmiiiiilllllllliiiiieeee
7 0
3 years ago
Other questions:
  • Evaluate the piecewise function at the given values of the independent variable solver
    13·1 answer
  • Evib graphs the parabola y = x^2 + 4x + 7 and finds that it has no x-intercepts. Explain how you can verify Evin's result algebr
    9·1 answer
  • Point A has an x coordinate of −2 and lies in a circle with a center at (0, 0) and a radius of 5. To the nearest tenth, what is
    6·1 answer
  • What is the equation of this line in slope-intercept form?
    10·2 answers
  • I'll make you brainliest Easyquestion 6th grade multiply and add fractions pleaze answer it ASAP
    5·2 answers
  • Help help help helppoo
    14·1 answer
  • Find the area of the triangle.
    14·1 answer
  • Find X with an equation
    5·2 answers
  • PLEASE HELP FAST!!!
    14·1 answer
  • Please Help Will mark Brainliest
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!