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puteri [66]
3 years ago
6

Suppose you invest $950 at an annual interest rate of 6.5% compounded continuously. How much will you have in your account after

10 years? Round the solution to the nearest dollar.
Mathematics
1 answer:
Kipish [7]3 years ago
4 0
Hey!


Alright to solve this problem we must first know the formula for Continuously Compounded Interest. The formula is A = Pe ^{rt}.

Okay lets see, now we plug in our numbers into the equation.

<em>Created Equation :</em>
A= 950·e ^{(0.065*10)}

<em>Solution {Solution of the Created Equation} :</em>
1819.76

That would be our final answer.

<em>BUT!!</em>

Your question says to round. So, we will round 1819.76 to get our absoulte final answer.

<em>This means</em><span><em> after 10 years you will have about</em>  $1820.00.

Hope this helps!


- Lindsey Frazier ♥</span>
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V(x + 9)2 = + 25<br> If x + 9 = 5, then x =<br> If x + 9 = -5, then x =
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Answer:

x = -4, v = 2.5

x = -14, v = -2.5

Step-by-step explanation:

I am a bit confused with the beginning part of the question. From what I understand, you are trying to solve for x and then plug x into the top equation to find the value for V. I am sorry if that is not what you are looking for. If it is, look below!

x + 9 = 5

x = 5 -9

x = -4

v(x + 9)2 = 25

v(-4 + 9)2 = 25

v(5)2 = 25

v(10) = 25

v = 25/10

v = 2.5

x + 9 = -5

x = -5 -9

x = -14

v(x + 9)2 = 25

v(-14 + 9)2 = 25

v(-5)2 = 25

v(-10) = 25

v = 25/(-10)

v = -2.5

I hope this helped! If not, I am sorry. :(

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2 years ago
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YES

Step-by-step explanation:

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