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
d1i1m1o1n [39]
3 years ago
11

you invest $4,100 in an account that pays an interest rate of 8.5%, compound continuously. Calculate the balance of your account

after 17 years. Round your answer to the nearest hundredth.
Mathematics
1 answer:
Yanka [14]3 years ago
7 0

Answer:

16400$

Step-by-step explanation:

Persent invest value= 4100$

Compound intrest rate=8.5% or 0. 085 (annual)

Time period =17 years

According to compound interest formula

Future valve (fv) =persent value(pv) (1+r)^n

Substitute all values

Fv=4100$(1+0.085)^17

Fv=4100$(1.085)^17

Fv=4100 * 4.00

Fv= 16400 $ answer

You might be interested in
What is the prime factor of 236​
grin007 [14]

Answer:

Step-by-step explanation:

prime factorization calculator of 326

Positive Integer factors of 326 = 2, 163, 326 divided by 2, 163, gives no remainder. They are integers and prime numbers of 326, they are also called composite number.

326 is a composite number.

Prime factorization: 326 = 2 x 163.

The exponents in the prime factorization are 1 and 1. ...

Factors of 326: 1, 2, 163, 326.

Factor pairs: 326 = 1 x 326 or 2 x 163.

326 has no square factors that allow its square root to be simplified.

8 0
3 years ago
Maya goes bowling with her friends. She has a total of $25 to spend. If shoes cost $4 to
IRINA_888 [86]

Answer:

She can play 7 games

Step-by-step explanation:

Substrate 4 from 25

7 0
2 years ago
Thanks for the help
Goshia [24]
Your answer is 21.98
6 0
3 years ago
Experimental probability is the same as empirical probability and relative frequency.
BlackZzzverrR [31]
If this is a true or false question, then the answer would be true. It is correct that the three terms mentioned are the same. Experimental and empirical probability can be interchanged or even synonymous with one another, as well as relative frequency (or frequency ratio). 
3 0
3 years ago
What is the y -value of the solution to the system of equations shown? 6x=3y−24 4x+5y=−2
Vlada [557]

Answer:

y = 2 and x = -3 the solutions of the equation

8 0
2 years ago
Other questions:
  • How would you solve x+7/2 -10?
    12·2 answers
  • Tom is 4 more than twice Andrews age Sara is 8 less than 5 times Andrews age if Tom and Sara are twins how old is andrew
    13·1 answer
  • Which expressions are equivalent to 4b? 1.b+2(b+2b) <br>2.3b+b 3.2(2b)
    6·1 answer
  • What is the quotient of 4/7÷3/5​
    5·1 answer
  • What is the solution to the system of equations?
    13·1 answer
  • Can anyone please help me with my math homework!!!
    15·1 answer
  • A pentagon can be divided into how many triangles by drawing all of the diagonals from one vertex? A. 5 B. 4 C. 2 D. 3
    8·2 answers
  • 49. Given f(x) =2x^2+5 and g(x) =3x^3, what is f(x)x g(x)?
    15·1 answer
  • 7 3/8 - 4/7 Estimate
    15·1 answer
  • E/P 14)The equation 2x²+ 4kx - 5k = 0, where k is a constant, has no real roots.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!