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
weeeeeb [17]
3 years ago
13

Money in a savings account is compounded continuously over time, t, and is modeled by the function

Mathematics
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

  1.7% compounded continuously

Step-by-step explanation:

The model used for continuous compounding is ...

  f(t) = Pe^(rt)

where P is the principal amount, and r is the interest rate being compounded. Assuming a typo in your given equation, you have ...

  f(t) = 1000·e^(0.017t)

Matching the various parts of the equation, we see that P = 1000 and r = 0.017 = 1.7%.

The balance grows at a continuous rate of 1.7%.

You might be interested in
Given the quadratic equation: x^(2)+6=0, find all solutions for x
MakcuM [25]

Answer:

x=i\sqrt6

x=-i\sqrt6

Step-by-step explanation:

x^2=-6

x=\sqrt-6

3 0
2 years ago
Find the slope of (-10,-4) and (5,5)
ValentinkaMS [17]

Answer:

15/9... i believe :)

7 0
3 years ago
Read 2 more answers
Can somebody help me with this please
wolverine [178]

It rotates 180 degrees

5 0
4 years ago
Please help me with question 11
Ghella [55]

Answer:

the right answer is P(BnC)

5 0
3 years ago
Read 2 more answers
Can someone help me with this
Usimov [2.4K]

Answer:

if you simplify and solve you will get y=3

4 0
3 years ago
Read 2 more answers
Other questions:
  • Jared surfed for 1/3 of the 9 hours he was at the beach. he spent the rest of the time building a castle. how many hours did he
    11·1 answer
  • In need of help!!!!
    10·1 answer
  • If f(x) = -x - 2 and g(x) = x2, what is (gºf)(-6)?
    9·1 answer
  • What is an equation of the line that passes through the points (-4, 2) and (-8, -3)?
    11·1 answer
  • Krystal was given $3000 when she turned 2 years old. Her parents invested it at a 2% interest rate compounded annually. No depos
    6·1 answer
  • What is the ordered pair of M after point M (5,6) is rotated 90 clockwise
    14·1 answer
  • Hey can anyone help me out in dis!!!!
    13·2 answers
  • Simplify 3/4 - 4x + 1/2 x - 1/2 + 1/2 x
    6·1 answer
  • If you divide me by 9, the remainder is 4. I am a multiple of 10. What two-digit number am I?​
    5·1 answer
  • To find the average of some quantities , add them together and then divide the total by the number of
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!