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padilas [110]
2 years ago
9

How much is 400.00 invested at 9% interest compounded continuously be worth after 3 years

Mathematics
1 answer:
blagie [28]2 years ago
5 0
COMPOUNDED
not simple interest,
compound interest is neat since you earn interest on the interest you earned

ok so what you use is F=Pe^(rt)
F=future or ending amount
P=present amount
e=base of the natural  log (some digits are 2.71828182845)
r=rate in decimal
t=time in years

presen amount is 400
rate is 9% or 0.09
time is 3 years

F=400e^(0.09*3)
F=400e^(0.27)
F=523.986
round
F=523.99

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Answer:

Length=9.6 cm\\\\Width=4.8 cm

Step-by-step explanation:

Length=2*Width

L=2*W

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Perimeter of a rectangle= 2(Length+Width)

28.8=2(2W+W)\\\\28.8=2(3W)\\\\3W=28.8/2\\\\3W=14.4\\\\W=14.4/3\\\\W=4.8 cm\\\\

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Answer:

Step-by-step explanation:

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2 years ago
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Answer:

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Step-by-step explanation:

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