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
Liula [17]
3 years ago
7

You invest $1500 in a bank account that has a 3% annual interest rate, compounded continuously. How much will you have in 15 yea

rs?

Mathematics
1 answer:
Mandarinka [93]3 years ago
8 0
We use the formula:
Total = Principal * e ^ (rate * years)
Total = 1,500 * e ^ (.03 * 15)
Total = 1,500 * e ^ .45
Total = 1,500 * <span> <span> <span> 1.5683121854 </span> </span> </span>
Total = <span> <span> <span> 2,352.47 </span> </span> </span>


You might be interested in
What is linear pair Angle ?????​
Degger [83]

\\  \\  \\  \\  \\

<em> </em><em>Linear</em><em> </em><em>Pair</em><em> </em>: - <em>Two</em><em> </em><em>adjacent</em><em> </em><em>Angles</em><em> </em><em>are</em><em> </em><em>set</em><em> </em><em>to</em><em> </em><em>form</em><em> </em><em>a</em><em> </em><em>linear</em><em> </em><em>pair</em><em> </em><em>of</em><em> </em><em>angles</em><em> </em><em>if</em><em> </em><em>they</em><em> </em><em>are</em><em> </em><em>not</em><em> </em><em>common</em><em> </em><em>arm</em><em> </em><em>are</em><em> </em><em>two</em><em> </em><em>opposite</em><em>,</em><em> </em><em>is</em><em> </em><em>called</em><em> </em><em>linear</em><em> </em><em>pair</em><em> </em>~™

8 0
2 years ago
Read 2 more answers
-cep Leu<br>2. 3x -1 = -10​
nekit [7.7K]

Answer:

-3

Step-by-step explanation:

3x-1=-10

3x=-9

x=-3

7 0
2 years ago
What’s equal to 98/60
BigorU [14]

Answer: 49/30, 1 19/30

8 0
2 years ago
Read 2 more answers
At a pet store, one fifth of the animals are cats and three-fourth are fish. There are 40 animals at the pet store. How many are
dybincka [34]

Answer:

2 animals

Step-by-step explanation:

Number of animals=40

Fraction of fish=3/4

=>number of fish=3/4*40=30

Fraction of cats=1/5

=>number of cats=1/5*40=8

Animals which are not cats or fish are=total number of animals-(number of cats + number of fish)

Animals which are not cats or fish=40-(8+30)

40-38

2 animals


7 0
3 years ago
Bob and jack both have $20 dollars the put all the money on a table so it = $40 jack buys the 40 dollars for $30 bob and jack bo
Tanya [424]
True Lol it said I need more letters
5 0
2 years ago
Other questions:
  • Given a point on a line and the equation of a parallel or perpendicular line, write the equation of the line in point-slope form
    7·1 answer
  • Simplest form 2 3/4 x 4/5 *
    10·2 answers
  • At the bank, Derek made 7 withdrawals, each in the same amount. His brother, John, made 5 withdrawals,
    10·1 answer
  • *DO NOT GIVE ANSWER*I forgot how to do this it’s a review from last year lol help me plsss
    15·1 answer
  • the volume of a square shipping container is 15,625 cubic inches. Find the edge length of the shipping container
    13·1 answer
  • Explain the the mistake in the student work
    6·1 answer
  • A spinner marked A, B, C is spun then a 6-sided die is rolled. What is the probability of getting a B and then a 6.
    6·1 answer
  • A geometric sequence has second term 12 and fifth term 324. A) find common ratio b) calculate 10th term c) the kth term is the f
    7·1 answer
  • Complete the conversion. Write your answer in decimal form.<br><br> 1 yd =____in.
    8·2 answers
  • HELP ME WITH THIS MATH QUESTION
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!