Answer: the value of the account after 10 years is $2606
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
P = 1800
r = 3.7% = 3.7/100 = 0.037
t = 10 years
Therefore,
A = 1800 x 2.7183^(0.037 x 10)
A = 1800 x 2.7183^(0.37)
A = $2606 to the nearest dollar
Answer:
4
Step-by-step explanation:
Since the question does not specify if you are rounding up or down, just round down to four from 4 1/6. 4 1/6 is closer to 4 than it is to 4 3/6 or 4 1/2.
The range would be $14.
To find the range, you would take the highest value and subtract it by the lowest value:
29 - 43 =
14
Hope this helped! :)
Answer:
7 hours!
Step-by-step explanation:
Hello :
f(x) = (2x-5)/3
<span>f−1(x) = (3x+5)/2
because : f(x) 0 </span>f−1(x) = x and f−1(x) 0 f(x) = x
f(x) 0 f−1(x) = f( f−1(x) ) = f ((3x+5)/2) = (2(3x+5)/2 - 5))/3 = 3x /3 =x
same cacul for : f−1(x) 0 f(x) = x
