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]
3 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]3 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
Posing A(-4,2) is reflected over the line x= 3 to create the point A’. What are the coordinates of A
lilavasa [31]
The coordinate of A would be (10,2)
5 0
3 years ago
In the number 7,777.777, how does the 7 in the hundreds place compare to the 7 in the place to its left?
Ivahew [28]
B is your answer!
hgfgjdhsghdfg
6 0
3 years ago
Answer me if you need a friend<br><br> Also 5x+25=35<br><br> x=
STALIN [3.7K]

Answer:

x = 2

Step-by-step explanation:

You are solving for the variable, x. Note the equal sign, what you do to one side, you do to the other. Do the opposite of PEMDAS.

PEMDAS is the order of operation, and =

Parenthesis

Exponents (& Roots)

Multiplication

Division

Addition

Subtraction.

First, subtract 25 from both sides of the equation:

5x + 25 (-25) = 35 (-25)

5x = 35 - 25

5x = 10

Isolate the variable, x. Divide 5 from both sides:

(5x)/5 = (10)/5

x = 10/5

x = 2

x = 2 is your answer.

~

5 0
3 years ago
How many ways can you arange the letters in the word cube
Margarita [4]
You could four times because there are four letters in the word cube, so there are only four possible ways you could spell it.

Hope this helps:)
Plz rate branliest
3 0
3 years ago
Write the equation of a line in the given form.
Gnom [1K]

Answer:

y = \frac{1}{4}x - 5

Step-by-step explanation:

Slope intercept form: y = mx + b

Find slope:

m = (y₂ - y₁) / (x₂ - x₁)

   = (-5 - (-4)) / (0 - 4)

   = -1 / -4

   = 1/4

Find y intercept using anyone of the given points and slope from above:

y = mx + b

-5 = \frac{1}{4}(0) + b

b = -5

Now use the above slope and y intercept to create equation of a line:

y = \frac{1}{4}x - 5

3 0
3 years ago
Other questions:
  • Nellie has a watering can that contains 20 cups of water.She pours one quart of water on each plant in her yard.If Nellie uses a
    10·1 answer
  • Solve the inequality b-4&gt;3
    6·1 answer
  • Help me on this please
    15·1 answer
  • Carl is boarding a plane. He has 222 checked bags of equal weight and a backpack that weighs 4 \text{ kg}4 kg4, start text, spac
    6·1 answer
  • Please help me with this
    14·1 answer
  • 1. A community swimming pool is 7 yards 4.79 feet wide. How wide is the pool in meters and centimeters?
    8·1 answer
  • PLEASSEEEE HELPPPP!!!!!
    15·1 answer
  • 1 point<br> Find the length/distance between points (1,3) and (3,15).
    15·1 answer
  • What is the distance between points M(-3, 1)and N(7, -3)​
    15·1 answer
  • Noah drove 480km in 5 hours. About how far did he drive in 2 hours?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!