If you put $1,500 in a savings account that pays 4% interest compounded continuously, how much money will you have in your accou
nt in 5 years? Assume you make no additional deposits or withdrawals.
1 answer:
For investments with continuous compounding, the formula to use is
F = Pe^(rn)
where F is the future worth, P is the present worth, r is the interest rate, and n is the number of years.
F = ($1500)e^(0.04*5)
F = $1832.1
In 5 years, your account would have $1832.1.
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Your answer is negative 32.24.
Answer:
It will be 2.83 inches long on the drawing
Step-by-step explanation:
The scale we have is;
0.5 in to 3 ft
This;
x in to 17
17 * 0.5 = 3 * x
8.5 = 3x
x = 8.5/3
x = 2.83 inches
Solution
The reflection is a rigid transformation. This does not affect the length of a line segment.
Therefore, the line segments are equal.
Hence, LM = L'M'
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Answer:
Step-by-step explanation:
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