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
fenix001 [56]
4 years ago
15

If $396 is invested at an interest rate of 13% per year and is compound continuously, how much will the investment be worth in 3

years?
Mathematics
1 answer:
Sveta_85 [38]4 years ago
7 0

Answer:

The investment at the end of the period will be $584.89.

Step-by-step explanation:

FV = PV e⁽ⁿˣ⁾

FV = Future Value = ?

PV = Present Value = $396

n = Interest Rate = 13%

x = time in years = 3

e = mathematical constant = 2.7183

FV = 396 x 2.7183⁽⁰°¹³ ˣ ³⁾

FV = 396 x 1.4770

FV = $584.89

You might be interested in
−4(m+6)=−8 plz answer
dangina [55]

Answer:Divide both sides by the numeric factor on the left side, then solve.

m

=

−

4

Step-by-step explanation:

5 0
3 years ago
I need help with this problem. please.
Hoochie [10]
The first and 3rd are rational, the second is irrational
5 0
4 years ago
Read 2 more answers
What's the square root of 20 to the nearest tenth
denpristay [2]
The answer is 4.5. Hope this helps.
6 0
3 years ago
Read 2 more answers
the length of a rectangle is five feet less than its width. If the area of the rectangle is 84 square feet, find its dimensions
KIM [24]
Let
x---------> the length of the rectangle
y--------> the width of the rectangle

we know that
A=84 ft²
[area of rectangle]=x*y-----> 84=x*y-----> equation 1
x=y-5------> equation 2
substitute 2 in 1
84=[y-5]*y-----> 84=y²-5y---------> y²-5y-84=0

using a graph tool-----> to resolve the second order equation
see the attached figure

the solution is
y=12
x=y-5-----> x=12-5-----> x=7

the answer is
the length of the rectangle is 7 ft
the width of the rectangle is 12 ft

6 0
3 years ago
What is the measure of cae
Dimas [21]
Quick answer B

Argument
The formula for the angle between 2 secants is
\frac{1}{2} (\overset{\LARGE{\frown}}{CE} - \overset{\LARGE{\frown}}{DB})

Givens

\overset{\LARGE{\frown}}{CE} = 135 \\ \\ \overset{\LARGE{\frown}}{DB} = 55 


1/2 (135 - 55) = 1/2 * 80 = 40

Answer B



3 0
3 years ago
Read 2 more answers
Other questions:
  • Please hurry and help meeeeeee
    12·2 answers
  • Leah is saving money to buy her sister a graduation gift. She needs $44 and she has saved 25%of this amount so far. How much mor
    14·1 answer
  • A school is painting its logo in the shape of a triangle in the middle of its sports field. The school wants the height of a tri
    8·1 answer
  • Suppose karl uses 5 cups of tomatoes how many salqds can he make? Write a division equation and multiplication equation
    15·1 answer
  • Help please, Mathematics!
    12·2 answers
  • A researcher believes that eating all organic foods will improve blood pressure. So, the researcher studies groups as their diet
    14·1 answer
  • Louis wants to carpet the rectangular floor of his basement. The basement has an area of 2,880 square feet. The width of the bas
    10·2 answers
  • You are trying to decide whether to use Uber or Lyft during a vacation. Uber charges $3 to pick up plus an additional $0.25 for
    9·1 answer
  • Trigonometry - find the missing angle
    7·1 answer
  • Given g(x)=-x+2, find g(5)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!