How much would $300 invested at 9% interest compounded continuously be worth after 3 years? Round your answer to the nearest cen
2 answers:
Answer: $392.99
Step-by-step explanation:
The formula to find the compound amount when it is compounded continuously after x years :-
, where P is the principal amount , r is the rate of interest and t is the time period.
Given : Principal Amount : P = $300
Rate of interest : r= 9%=0.09
Time : t =3 years
Now the the compounded amount after 3 years will be :-
Hence, the compounded amount after 3 years = $392.99
You might be interested in
Answer:
6.32
Step-by-step explanation:
To find the side length on a right angled triangle we follow The Pythagorean Theorem:
c being the hypothesis (longest side: the hypotenuse is always opposite the right angle)
so..
Answer:
Area = 867 meters
Step-by-step explanation:
You have a rectangle. This means opposite sides are equal. If you set these expressions equal to each other, you will get two equations with two unknowns, x and y. Next, solve the system of equations to find x and y. Then, use the values to find the length and width of the rectangle. Last, multiply length × width to find the area.
Answer:
The given function symmetric about the y-axis.
Step-by-step explanation:
The given function is
.... (1)
1. Symmetry about the x-axis: If the point (r, θ ) lies on the graph, then the point (r,-θ ) or (-r, π - θ ) also lies on the graph.
2. Symmetry about the y-axis: If the point (r, θ ) lies on the graph, then the point (r,π - θ ) or (-r, -θ ) also lies on the graph.
3. Symmetry about the origin: If the point (r, θ ) lies on the graph, then the point (-r, θ ) or (r, π + θ ) also lies on the graph.
Put (r, -θ ) in the given function.
Therefore it is not symmetric about x-axis.
Put (-r, -θ ) in the given function.
Therefore it is symmetric about y-axis.
Put (-r,θ ) in the given function.
Therefore it is not symmetric about the origin.