The account balance after 3 years if the interest is compounded continuously is $5,142.62
<h3>How to find compound interest?</h3>
- Principal, P = $4,700
- Time,t = 3 years
- Interest rate, r = 3%
r = 3/100
r = 0.03 rate per year,
A = Pe^rt
A = 4,700.00(2.71828)^(0.03)(3)
= 12,775.916^0.09
A = $5,142.62
Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62
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The correct answer is option A
Answer:
Step-by-step explanation:
y+5 = ¾(x+4)
-8m^3 + 11m....notice that it has 2 terms....(-8m^3) and (11m). Having 2 terms makes it a binomial...if it would have had 3 terms, it would have been a trinomial. If it has only one variable, the degree is the highest exponent...so this has a degree of 3 since ^3 is the highest exponent.
so ur answer is : binomial with a degree of 3
