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.
Answer:
2 and 14/15
Step-by-step explanation:
Step-by-step explanation:
Decimals are great for when you are dealing with money and want to round up, and fractions are used when baking (such as need 1/4 or a half cup of something)
Answer:
Step-by-step explanation:
Slope Formula: 
Simply plug in the 2 coordinates into the slope formula to find slope <em>m</em>:
