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
FrozenT [24]
4 years ago
11

Income Suppose income from an endowment is generated at the annual rate of $42,000 per year. Find the capital value of this endo

wment at an interest rate of 7.5% compounded continuously.
Mathematics
1 answer:
Mrac [35]4 years ago
4 0

Answer:

Capital value after 1 year will be equal to $45150

Step-by-step explanation:

We have given principal amount P = $42000

Rate of interest r = 7.5 %

Time t = 1 year

Capital value is given by A=P(1+\frac{r}{100})^n

So A=42000\times (1+\frac{7.5}{100})^1

A=42000\times 1.075=45150

So capital value after 1 year will be equal to $45150

You might be interested in
Which of the following is the graph of f(x) = cos(x+<br> +32
Anit [1.1K]

Answer:

B

Step-by-step explanation:

pi / 2 is equal to 180°/2 which is 90°.

Cos (90°) = 0

if cos90 = 0 then what kind of graph will we have at 90° to the x axis ?

a graph passing through the origin. (0,0)

7 0
3 years ago
Is (1, 7) a solution to this system of inequalities? y &lt; x + 8 y ≤ 6x + 1
baherus [9]
Yes, (1,7) is a solution.
(x,y)

y < x + 8
y ≤ 6x + 1

7<1+8 = 7<9 Yes, true.
7≤6(1)+1 = 7≤ 7 Yes, true.


Yes, (1,7) is a solution to the inequalities.
8 0
3 years ago
What’s 9/3 - 6/10 need it in a reduced fraction
emmainna [20.7K]
I think u need to subtract both up and both down
6 0
3 years ago
Read 2 more answers
*EXPLAIN YOUR ANSWER*
levacccp [35]
80 is the fixed amount because it is a cost before you get their services. So basically the Y intercept. It is if you pay for an 80$ membership fee and then you are charged per month.
5 0
3 years ago
How do you know that a =6 is a solution to a+5=11?
Gre4nikov [31]

a + 5 = 11

You need to isolate the variable by subtracting from both sides

a + 5 - 5 = 11 - 5

a = 6

The Addition/Subtraction Property of Equality states that if you add or subtract the same number to both sides of an equation the two sides still remain equal.

:))

4 0
3 years ago
Read 2 more answers
Other questions:
  • Complete the square for 2x^2-4x=14
    6·2 answers
  • 7s^3-9s^2+s+6 need help
    7·1 answer
  • Find the product write your answer in exponential form 4^2 x 4^9
    5·1 answer
  • Multiply powers with the same ________
    7·1 answer
  • It should be easy I just don’t get it.
    10·1 answer
  • Evaluate -3x3 - 4x <br><br> for x = -1. <br><br> 7<br> -1<br> 1<br><br> PLSSSS HURRRY
    5·1 answer
  • Please need help quick!!!
    6·2 answers
  • Write the equation of a line in point slope form containing the given points: (-1,-1) and (4,-2)
    11·1 answer
  • A grocery store has fruit on sale -5 bananas for $1.50, 4 mangos for $5.00, and 3 oranges for $4.00. Mrs. Kang buys 15 bananas,
    10·1 answer
  • ..................................
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!