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
madreJ [45]
4 years ago
5

If $3,000,000 is invested at 6% interest compounded continuously, how much

Mathematics
1 answer:
g100num [7]4 years ago
3 0

Answer:

  $24,498,509.74

Step-by-step explanation:

The formula for the value as a function of time is ...

  V(t) = P·e^(rt)

Filling in the numbers and doing the arithmetic, we have ...

  V(35) = 3,000,000·e^(0.06·35) ≈ 24,498,509.74

Compounded continuously for 35 years, the investment will be worth $24,498,509.74.

You might be interested in
Examine the following graphed system of linear inequalities.​
AleksandrR [38]

Answer:

what do you want to be answered

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Manny and Susan have an egg carton full of eggs to use for their science project.
Cerrena [4.2K]

Answer:

5/6

Step-by-step explanation:

1/3 + 1/2 is a simple addition fraction problem.

You'd find the LCM (lowest common denominator) which is 6. First, we'll take 1/3 which the denominator becomes 6. You see one side has been basically multiplied by 2, so you'd do it to both sides, giving us 2/6. Next, we do the same thing with 1/2. 2 -> 6 1 -> 3. 3/6. So finally, we have 3/6 + 2/6, which is 5/6.

8 0
3 years ago
What integer is closet to n​
11Alexandr11 [23.1K]

Answer:

Rounding to the Nearest Integer

The most common type of rounding is to round to the nearest integer. The rule for rounding is simple: look at the digits in the tenth's place (the first digit to the right of the decimal point).

7 0
3 years ago
Which equation is equivalent to 9x+4y=16
g100num [7]

Answer:

8x time 2x= 16

4 0
3 years ago
Given the points a to zero 8, 0 what scale factor is applied to the create this change​
Ganezh [65]

Answer:

4

Step-by-step explanation:

(2, 0) to (8, 0) is a 4/1 scale factor because 8/2 = 4

6 0
3 years ago
Other questions:
  • *A triangle has sides 42, 4x, and 2x−6. What is the possible range of x?
    14·1 answer
  • How to find the properties of 6x89?
    6·1 answer
  • <img src="https://tex.z-dn.net/?f=x%20%2B%20y%20%20%3D%2014%5C%5C%202x%20%2B%204y%20%3D%2018" id="TexFormula1" title="x + y = 1
    8·1 answer
  • Aisha owns an online video game store. She charges an initial fee of $40 for each new subscriber in addition to $5 per video gam
    13·1 answer
  • The measure of each of the base angles of an isosceles triangle is 9° less than 4 times the measure of the vertex angle. Plz exp
    8·1 answer
  • 7. Robert poys for his family to go bowling. He pays an initial fee
    10·1 answer
  • I am stuck on this! Whoever answers this question correctly gets the brainliest!
    15·2 answers
  • I need help and it due tomorrow!!! ill give aomethe brainlest answer​
    7·1 answer
  • Secant and Tangent Angles in circles. <br>Solve for x.<br>​
    10·2 answers
  • How many 10 rupees can be exchanged for ₹ 100?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!