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Doss [256]
3 years ago
5

if $396 is invested at an interest rate of 13% per year and is compounded continuously, how much will the investment be worth in

3 years ?
Mathematics
1 answer:
Korolek [52]3 years ago
6 0

Answer:

154.44

Step-by-step explanation:

What is 13% of 396?

Y is 13% of 396

Equation: Y = P% * X

Solving our equation for Y

Y = P% * X

Y = 13% * 396

Converting percent to decimal:

p = 13%/100 = 0.13

Y = 0.13 * 396  

Y = 51.48

Now multiply by 3 (amount of continuous years)

51.48 * 3

=154.44

Hope it helps!

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zimovet [89]

Answer:

1/4 to the 3rd power is 0.015625

Step-by-step explanation:

Im assuming that is what your asking, you worded it a little differently. When you figure out what the value of something is based on the power it is raised to, you multiply that number by itself the amount of the exponent.

1/4 x 1/4 x 1/4 =  0.015625

5 0
3 years ago
The graphs below are both absolute value functions. The equation of the redgraph is f(x) = |xl. Which of these is the equation o
grigory [225]

ANSWER

\Rightarrow y=\frac{1}{2}|x|

EXPLANATION

We want to find the absolute value function for the line in blue.

The general form of an absolute value function is:

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Therefore, the absolute value function is:

\begin{gathered} y=\frac{1}{2}|x-0|+0 \\ \Rightarrow y=\frac{1}{2}|x| \end{gathered}

3 0
1 year ago
Find the interest on $5,200 at 6% for 2 and a half years. Which of the following equations would be used to solve this problem?
IgorLugansk [536]

Answer:

$5,843 or $642

Step-by-step explanation:

At the end of 2 years, your savings will have grown to $5,842.

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7 0
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Answer:

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Step-by-step explanation:

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