Answer:
46
Step-by-step explanation:
p=40+0.15(40)
=40+6
Complete Question
If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years
Answer:
$ 12,934.61
Step-by-step explanation:
The formula for Compound Interest Compounded continuously is given as:
A = Pe^rt
A = Amount after t years
r = Interest rate = 2.5%
t = Time after t years = 3
P = Principal = Initial amount invested = $12,000
First, convert R percent to r a decimal
r = R/100
r = 2.5%/100
r = 0.025 per year,
Then, solve our equation for A
A = Pe^rt
A = 12,000 × e^(0.025 × 3)
A = $ 12,934.61
The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.
Answer:
The correct choices are; B,C,E, and F.
Step-by-step explanation:
The given equation is;
We solve for m to obtain:
We also solve the remaining equations to see which ones give the same result.
A: 
B:
C:
D: 
E: 
F: 
The equivalent equations are; B,C,E, and F.
Answer:
(2 + 5) / (9 - 4)
Step-by-step explanation:
"sum of 2 and 5" = (2 + 5)
"difference of 9 and 4" = (9 - 4)
"sum of 2 and 5 is divided by the difference of 9 and 4"
= (2 + 5) / (9 - 4)
Answer:
Step-by-step explanation:
1)140
2)70
