1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mrrafil [7]
3 years ago
14

how much would $600 invested at 8% interest compound continuously be worth after 3 years? round to the nearest cent a(t)=p.ert

Mathematics
1 answer:
Aleksandr-060686 [28]3 years ago
5 0
Given:
$600 principal
8% rate = 8/100 = 0.08
3 years time

Solving for A:
A = P⋅e^rt
where:
A is the amount
P is the principal
e is the mathematical constant
r is the rate of interest
t is the time in years

A = P⋅e^rt
= 600⋅e^(0.08⋅3)
= 600(2.718281828459045)^(0.24)
A = $762.70

$600 compounded continuously at a rate of 8% for 3 years will yield a final amount of $762.70 

You might be interested in
Find the probability of landing on an even number when spinning the spinner below.
Mariulka [41]

Answer:

There are 8 numbers.

4 of the numbers are even ( 2, 4, 6, 8)


The probability is the number of even numbers over the total numbers:


4/8 which reduces to 1/2.


The answer is 1/2



3 0
3 years ago
Given f (x ) = x^2 + 3x + 2 and g (x ) = x + 1, perform the indicated operations.
Nana76 [90]

Answer:

(i) (f - g)(x) = x² + 2·x + 1

(ii) (f + g)(x) = x² + 4·x + 3

(iii) (f·g)(x) = x³ + 4·x² + 5·x + 2

Step-by-step explanation:

The given functions are;

f(x) = x² + 3·x + 2

g(x) = x + 1

(i) (f - g)(x) = f(x) - g(x)

∴ (f - g)(x) = x² + 3·x + 2 - (x + 1) = x² + 3·x + 2 - x - 1 = x² + 2·x + 1

(f - g)(x) = x² + 2·x + 1

(ii) (f + g)(x) = f(x) + g(x)

∴ (f + g)(x) = x² + 3·x + 2 + (x + 1) = x² + 3·x + 2 + x + 1 = x² + 4·x + 3

(f + g)(x) = x² + 4·x + 3

(iii) (f·g)(x) = f(x) × g(x)

∴ (f·g)(x) = (x² + 3·x + 2) × (x + 1) = x³ + 3·x² + 2·x + x² + 3·x + 2 = x³ + 4·x² + 5·x + 2

(f·g)(x) = x³ + 4·x² + 5·x + 2

7 0
3 years ago
What is the gcf of 66xy and 30x2y?
Schach [20]

Answer:

66yx , 30x2y, hope its right :)

Step-by-step explanation:

4 0
2 years ago
On Monday, 339 students went on a trip to the zoo. All 6buses were filled and 9 students had to travel in cars. How many student
marissa [1.9K]

Answer: Step-by-step explanation:

not sure

4 0
2 years ago
Read 2 more answers
To get to school each morning, Vanessa takes a horse 19.33 19.3319, point, 33 kilometers and a train 2.27 2.272, point, 27 kilom
KATRIN_1 [288]

Answer:

ok, so whats the question??

Step-by-step explanation:

5 0
2 years ago
Other questions:
  • Eliminate the parameter. x = 5t, y = t + 8
    5·2 answers
  • Sierra had 22 beads. She made three
    5·2 answers
  • The figure here shows triangle AOC inscribed in the region cut from the parabola y=x^2 by the line y=a^2. Find the limit of the
    15·1 answer
  • Use inverse operations to solve the equation <br><br> k + 7.2 = 3.4
    6·1 answer
  • Find the circumference of this circle. Use your calculators value of pi. Round answers to the nearest tenths place.
    8·2 answers
  • Solve the quadratic equation:<br> 3x^2+x-5=0
    6·1 answer
  • Amy and Beth share some money in the ratio 3:5.
    10·2 answers
  • Seventy concert tickets were sold for $550. each adult ticket cost $9 and each childrens ticket cost $5. find the number of adul
    5·1 answer
  • What does a sample space look like?
    13·2 answers
  • 5. A boy gets 29 marks out of 50 in his maths ex-<br> am. What percentage did he score?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!