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
kondor19780726 [428]
3 years ago
11

Miguel’s bank is offering savings accounts with 4% interest compounded continuously, If Miguel invests $500 how much will he hav

e after 2 years
Mathematics
1 answer:
Triss [41]3 years ago
8 0

Answer:

After 2 years Miguel will have in his account $541.64

Step-by-step explanation:

The formula for calculating compound interest continuously is:

A=pe^{rt}

Where A is the amount of money obtained after t years.

r is the compound interest rate and p is the initial amount

In this case we have that:

p=\$500\\\\t=2\ years\\\\r=0.04

Then we must find the final amount A

A=500e^{0.04(2)}

A=\$541.64

You might be interested in
Can someone help? Please!
DerKrebs [107]
We can use the Pythagorean Theorem (a^2+b^2=c^2) to find the side lengths.

15^2=12^2+x^2
225=144+x
81=x
Which gives us that x=9 (you have to remember to find the square root)
Perimeter is 2l+2w, so 2(12)+2(9) = 42
Perimeter = 42

As for the area, we just multiply 9 by 12 to get us 108
Area = 108

:)
5 0
4 years ago
Solve for p :<br> 8=p/7 <br> p=
Novay_Z [31]

Answer:

p = 56

Step-by-step explanation:

8 = p/7

from the expression above

use cross multiplication

p = 8 × 7

p = 56

3 0
4 years ago
I need someone to answer this immediately please. ... The area of a piece of land is 50cm square. Fi d the value of x, if the le
iren [92.7K]

Answer:

x=8

Step-by-step explanation:

Area is equal to

A = l * w

50 = ( x+2) ( x-3)

FOIL

50 = x^2 -3x+2x -6

Combine like terms

50 = x^2 -x -6

Subtract 50 from each side

0 = x^2 -x -56

Factor

What two numbers multiply to -56 and add to -1

-8*7 = -56

-8+7 = -1

0 = ( x-8) ( x+7)

Using the zero product property

x-8 =0   x+7 =0

x = 8   x=-7

Since the length cannot be negative x cannot be negative

x=8

8 0
4 years ago
Read 2 more answers
I need help with my homework, please.
Alekssandra [29.7K]

Answer:

The ant

Step-by-step explanation:

Because 1.5 is the same as a 1/3 so 1/3 of 12 is 4 and from 8 to 12 are 4 so is the ant.

4 0
3 years ago
Read 2 more answers
26 out of 48 books are small. What percentage of the books are small?
Paraphin [41]

Answer:

54.16%

Step-by-step explanation:

The percentage of books that are some is 54.16 %

In order to find that answer you would have to calculate the total number of small books (26) over the total number of all of the books (48).

The equation would be 26/48=0.5416 however Multiply that answer by 100 and you would get 54.16% and if you want to round to the nearest whole number it would just be 54%

5 0
3 years ago
Other questions:
  • A sporting goods store offers a 40% discount on all golf clubs.Rocco spent 20% of the money in his savings account on a golf put
    14·1 answer
  • Someone Please Help Me!
    6·1 answer
  • Which theorem or postulate justifies the statement below?
    12·1 answer
  • What is 25% of 15<br> Please help thank you!
    15·2 answers
  • Use the distributive property to rewrite the expression below in standard form<br>8(-8 + 3h - 4k)​
    10·1 answer
  • HELP PLS after multiplying each side of the equation by the LCD and simplifying, the resulting equation is .
    15·1 answer
  • Add the two expressions. 6q + 1 and q + 11 Enter your answer in the box.
    14·2 answers
  • If Ben invests $3000 at 4% interest per year, how much additional money must he invest at 5.5 % annual interest to ensure that t
    12·1 answer
  • 20 POINTSS!!! HeLP!!!!<br> ASAP
    13·2 answers
  • What is 0/0and is it even solved
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!