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Scrat [10]
2 years ago
6

You deposit $3000 in an account with an APR 7.5% and continuous compounding. How much will you have after 20 years?

Mathematics
1 answer:
BartSMP [9]2 years ago
8 0

Answer:

I = $4,500

Step-by-step explanation:

Simple Interest (I) = PRT / 100

Where:

P= Principal (Amount deposited) = $3000

R= Rate = 7.5%

T= Time = 20 years.

Simple Interest (I) = PRT / 100

I = ($3000 * 7.5 * 20) / 100

I = $450,000 / 100

I = $4,500.

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2 years ago
5 inches on a map represents 75 miles. How
algol13

Answer:

66.6

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3 years ago
annesha travels at a rate of 50 miles per hour. morris is traveling 3 feet per second less than Aneesha. which is the best estim
Snowcat [4.5K]

The speed that Morris is travelling is 0.3 ft/s

<h3>Calculating the speed of a body</h3>

Speed is the ratio of distance covered with respect to time.

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Learn more on speed here; brainly.com/question/14101278

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4 0
2 years ago
I need help if anyone could help me would appreciate it
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Answer:

16.2

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