Ask question

Ask question

All categories

4 years ago

6

FlybynightSavings.com is offering a savings account that pays 28% compounded continuously. How much interest would a deposit of

$3,000 earn over 5 years? (Round your answer to the nearest cent.)

1 answer:

Helga [31]4 years ago

5 0

P =$3000, r = 28% , t = 5 years
<span>A = 3000.e^(0.28)(5) = 3000.(4.0551) = $12,165.60</span>

You might be interested in

Which models show the problem 4

exis [7]

Answer:

the second and last sentences.

Step-by-step explanation:

Its the most reasonable!

7 0

3 years ago

Read 2 more answers

How many significant figures will there be in the answer to the following problem? you do not have to solve the problem. 223.4 •

Irina-Kira [14]

Answer:

5 significant figures

Step-by-step explanation:

looking at the last two digit of the numbers, it multiplication gives, 4*5=20

we already have four significant figures ,

so, 2 would be the fifth since 0 is not going to be counted

3 0

3 years ago

Sam has 24 cats. He wants to divide the cats into 3 equal groups. How many cats will be in each group? Move the cats into squar

Nuetrik [128]

Answer:

There will be 8 cats in each group.

Step-by-step explanation:

You do 24 divided by 3, which is 8. So, there will be 8 cats in each group.

8 0

3 years ago

Read 2 more answers

1.9996 by 2 significant numbers

Svetradugi [14.3K]

1.9 or rounding with 2.0

8 0

3 years ago

I need lots of help with this.

Len [333]

Answer:

5

Step-by-step explanation:

5 0

3 years ago