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almond37 [142]
3 years ago
10

What is the compounded interest if $410 is invested for 10 years at 8% compounded continuously

Mathematics
2 answers:
tatiyna3 years ago
4 0
\bf \textit{Continuous Compounding Amount}\\\\
A=Pe^{rt}\qquad \begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$410\\
r=rate\to 8\%\to \frac{8}{100}\to &0.08\\
t=years\to &10
\end{cases}

so, that gives you  the compounded amount, after 10 years, if you want to know how much interest was earned? well, just subtract the Principal from the Amount, or A - P  <--- that's how much interest was earned
Damm [24]3 years ago
4 0

Answer:

it is A-P

Step-by-step explanation:

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Answer:

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Hello!

To find the equation of a line parallel to y = 3x - 3 and passing through the point (4, 15), we need to know that if two lines are parallel, then their slopes are equivalent.

This means that we create a new equation in slope-intercept form, which includes the original slope, which is equal to 3.

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ivanzaharov [21]

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Step-by-step explanation:

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Answer:

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