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Bezzdna [24]
3 years ago
8

If $4,000,000 is invested at 5% interest compounded continuously, how much

Mathematics
1 answer:
denis23 [38]3 years ago
4 0

Answer:$13,925,161.81

Step-by-step explanation:

A=P(1+r/n)^nt

A=amount

P=Principal

R =rate in decimal

T=time

N=number of times compounded at period t

A=4000000(1+0.05/12)^12×25

=4000000(1.0041666)^300

=4000000(3.4812835183479)

=$13,925,161.81

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3 years ago
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How do I solve these for example 3
Natasha2012 [34]
As the three longitudinal lines are parallel:

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3 years ago
Which lines are parallel if M^4 +M^5? Justify your answer.
Igoryamba
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3 years ago
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