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
Olin [163]
3 years ago
8

Andrew deposited $500 in a savings account that offers an interest rate of 6.5%, compounded continuously. Andrew's initial depos

it will grow to $543 in ___ months.
Mathematics
1 answer:
Sever21 [200]3 years ago
7 0

Answer:

The answer is 15 months.

Step-by-step explanation:

p = $500

r = 6.5% or 0.065

A = $543

t = ?

The formula to be used here is :

A=pe^rt

t=(log(A/p)/log(e))/r

Putting the values in formula we get:

t=(log(543/500)/log(e))/0.065

t=(log(1.086)/log(e))/0.065

This gives t = 1.3 years

In months it will be 1 year(12 months) + 3 months = 15 months.

Hence, the answer is 15 months.

You might be interested in
Identify which of the twelve basic functions listed below fit the description given. 1 ,y1+e y=x,y=xy=*',y = lxl.y = y=e"y= V,y
skelet666 [1.2K]

remember that local minimuns are points in which the function was decreasing and starts increasing.

you can try two ways of doing it, graphing the functions or using derivatives.

since this are twelve functios the easier way is to graph them.

start by function y=x

in this case this function is continously increasing as x increases, which means that it does not have any local maxima or minima.

now do the same for

y=x^2

this graph has a local minima on th

5 0
11 months ago
Read 2 more answers
What is the area of the following trapezoid
nignag [31]

Answer:

d. 130

Step-by-step explanation:

3 0
2 years ago
Building A has 7,500 ft.² of office space for 320 employees. Building B has 9500 ft.² of office space for 317 employees. Which b
Airida [17]

Answer:

The  square feet of space per employee is more in building B .

Step-by-step explanation:

Given as :

The office space of building A = 7,500 ft²

The number of employee in building A = 320

Let The space in building A per square feet per employee = x ft²

So,  x = \dfrac{\textrm office space in building A}{\textrm number of employee in building A}

I.e x = \frac{7500}{320}

∴   x = 23.43 per square feet per employee

<u>So, For building A  23.43 per square feet per employee </u>

Again ,

The office space of building B = 9,500 ft²

The number of employee in building B = 317

Let The space in building B per square feet per employee = y ft²

So,  y = \dfrac{\textrm office space in building B}{\textrm number of employee in building B}

I.e y = \frac{9500}{317}

∴   y = 29.96 per square feet per employee

<u>So, For building B 29.96 per square feet per employee </u>

So , from calculation it is clear that the square feet of space per employee is more in building B .

Hence The  square feet of space per employee is more in building B .  Answer

7 0
2 years ago
2/12 in simplest form
cupoosta [38]
 <span>2 / 12 = (2 * 1) / (2 * 6) = 1 / 6 
</span>
sdhd hjfd hjfd hff fh fdj 



7 0
3 years ago
Whats the slope of (5,4) and (7,8)​
Zarrin [17]

Answer:

2

Step-by-step explanation:

<u>8-4</u>   =  <u>4</u>       = <u>2</u>     = 2

7-5       2           1

3 0
3 years ago
Other questions:
  • The library is 4 miles from the post office how many yards is the library from the post office
    15·2 answers
  • Please help I need to answer this question.
    8·1 answer
  • Stephen, Nick and Brian share £90 in a ratio 1:2:2. How much money does each person get?
    8·1 answer
  • ANSWER ASAP I WILL GIVE BRAINIEST
    10·2 answers
  • Hey! Can somebody please help my friend with 5,211 ÷ 6? I need to have a picture of the work if somebody can please do that!
    13·2 answers
  • 4. A plane was flying at an altitude of 55,000 feet when it began the descent toward the airport. The airplan
    9·2 answers
  • Which equation shows a proportional relationship?
    12·1 answer
  • How t f do I lable this I get so many of these and I've never been thought it
    8·2 answers
  • At a restaurant the bill for a family's dinner is $52.29. The family adds a tip of 15% of that cost.what is the amount of the ti
    10·1 answer
  • 6n +5&lt;7n + 10
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!