We have been given that a person places $6340 in an investment account earning an annual rate of 8.4%, compounded continuously. We are asked to find amount of money in the account after 2 years.
We will use continuous compounding formula to solve our given problem as:
, where
A = Final amount after t years,
P = Principal initially invested,
e = base of a natural logarithm,
r = Rate of interest in decimal form.
Upon substituting our given values in above formula, we will get:
Upon rounding to nearest cent, we will get:
Therefore, an amount of $7499.82 will be in account after 2 years.
Answer:
3053.63
Step-by-step explanation:
Use the equation for sphere volume: 
Plug the values in and get 
≈ 3053.63
Note: exact value of pi used.
y=-7x+2
m=-7, so that's a negative slope.
b=2, so the y-intercept is (0,2). That's a postiive y-intercept.
Solve 0=-7x+2 to find the x-intercept.
7x=2
x=2/7
The x-intercept is (2/7,0), so that's a positive x-intercept.
Answer:
Around 60.32 squared
Step-by-step explanation:
Area = (3√3 s2)/ 2 where s is the length of a side of the regular hexagon.
Answer:70%
Step-by-step explanation: no. of cards last year=60
no. of cards presently=200
increase in no. of cards=200-60
=140
%change=140/200 x 100
