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:
hello the function graph is turned 90 degree like clock way.
Answer: i believe
that x does not have a value
Step-by-step explanation:"variable" or sometimes an "unknown"
Because if the number was rational then we can tell by looking at the numbers. The rational number should be one number or a repeating decimal or terminating number. plus because if a number was like this 5.7696... that means its irrational because we dont know the end of the number. The rational numbers are terminating numbers or either decimal or repeating numbers because we know the end of those numbers.
Answer:
a 26
b 8 2/3
Step-by-step explanation:
a) 4 1/3 * 6
Change the mixed number to an improper fraction
(3*4+1)/3 *6
13/3 *6
= 78/3
= 26
b) 2 3/5 * 3 1/3
Change the mixed numbers to improper fractions
(5*2+3)/5 * (3*3+1)/3
13/5 * 10/3
130/15
Top and bottom divide by 5
26/3
Change back to a mixed number
3 goes into 26 8 times (3*8 =24) with 2 left over
8 2/3
