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Natasha2012 [34]
3 years ago
11

You deposit $2000 in an account earning 4% interest compounded continuously. How much money will you

Mathematics
1 answer:
bazaltina [42]3 years ago
5 0

Answer:

$3,644.24

Step-by-step explanation:

You are going to want to use the continuous compound interest formula, which is shown below.

A = Pe^{rt}

<em>P = principal amount</em>

<em>r = interest rate (decimal)</em>

<em>t = time (years)</em>

<em />

First change 4% to its decimal form:

4% -> \frac{4}{100} -> 0.04

Next, plug in the values into the equation:

A=2,000e^{0.04(15)}

A=3,644.24

After 15 years, you will have $3,644.24

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Marina CMI [18]
the correct answer is none of the above
6 0
3 years ago
Does anyone get this!??
stepladder [879]

Hello from MrBillDoesMath!

Answer:

8

Discussion:

Let the number be "n". Then the question states that

3n - 15 = (n/2) + 5             => multiply both sides by 2

6n - 30 = n + 10                => subtract n from both sides

5n - 30 = 10                      => add 30 to both sides

5n = 30 + 10 = 40            => divide both sides by 5

n = 40/5 = 8

Thank you,

MrB

8 0
3 years ago
Ally ran 5 miles in 36 minutes. If Ally runs at the same rate, how long would it take her to run 1 mile?
Ne4ueva [31]

Answer:

7.2 Minutes

Step-by-step explanation:

Use Ratios

Miles : Minutes

5:36

Divide Both Sides By 5

1:7.2

It will Take Ally 7.2 Minutes To Run 1 Mile

5 0
3 years ago
Read 2 more answers
Can someone please help?
Alecsey [184]

Answer:

73 degrees

Step-by-step explanation:

6 0
3 years ago
If f(x) = x^2 - 4x + 3, and the domain is {-2, 0, 1}, what is the range?
dangina [55]

Evaluate the function at the three values of the range and see what you get. The appropriate choice is ...

... D) {15, 3, 0}

_____

Evaluation can sometimes be simpler if you rearrange the function to a form called "Horner's form."

... f(x) = (x -4)x +3

Then the evaluation looks like (for x=-2) ...

... f(-2) = (-2-4)(-2)+3 = (-6)(-2) +3 = 12 +3 = 15

This is sufficient to identify D as the answer of choice.

5 0
3 years ago
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