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Sergio039 [100]
3 years ago
6

suppose you win a contest at the start of 9th grade that deposited $3000 in an account that pays 5% annual interest compound con

tinously. about how much will be in the account after you graduate from college in 8 years?
Mathematics
1 answer:
tiny-mole [99]3 years ago
5 0
A=pe^rt
A=3,000×e^(0.05×8)
A=4,475.47
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Answer:

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Step-by-step explanation:

Set it equal to 0

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Step-by-step explanation:

1. To solve this problem you can transform the mixed numbers given in the problem to fractions, as you can see below:

3 2/3=(3*3+2)/3=11/3

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4 years ago
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