2 years ago

Find the amount in an account where $500 is invested at 2.5% compounded continuously for period of 10 years

Mathematics

1 answer:

Alex17521 [72]2 years ago

4 0

500 *1.025^10 ≈ 640.04

You might be interested in

Jackson is playing a game of chance where he must randomly draw a marble out of a jar. He calculates the probability of drawing

Sindrei [870]

Using complementary events, considering a $\frac{1}{4}$ probability of drawing a red marble, the probability of not drawing a red marble is of $\frac{3}{4}$ .

<h3>What are complementary events?</h3>

They are mutually exclusive events which have the sum of their probabilities as 1.

In this problem, we consider that there is a $\frac{1}{4}$ probability of drawing a red marble, and since drawing a red marble and drawing a non-red marble are complementary events, we have that:

$\frac{1}{4} + p = 1$

$p = \frac{3}{4}$

The probability of not drawing a red marble is of $\frac{3}{4}$ .

More can be learned about complementary events at brainly.com/question/9752956

8 0

2 years ago

Which fraction is the largest?

Alexeev081 [22]

Answer:

17/30

Step-by-step explanation:

7 0

2 years ago

987÷z=164.5

AveGali [126]

Answer:

z=6

Step-by-step explanation:

987/z=164.5

multiply both sides by z

4 0

3 years ago

Each baby dinosaur made 15 paintings and each adult dinasour made 7 paintings. The entire herd made 208 paintings in total, and

Serggg [28]

Answer:

there are 6 baby dinos and 2

Step-by-step explanation:

6 0

2 years ago

The sum of two numbers is 11. Twice the greater number minus the lesser number is 7. what is the greater number>?

Varvara68 [4.7K]

Answer:

Its 7

Step-by-step explanation:

7 doubled is 14 then minus the lesser number is 11.

3 0

3 years ago