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Westkost [7]
3 years ago
5

Need help ASAP plzzz and thank you :)

Mathematics
2 answers:
Reil [10]3 years ago
7 0

Answer:

C

Step-by-step explanation:

MAVERICK [17]3 years ago
4 0

Answer:

C

Step-by-step explanation:

to get the exponent number, you count however many times the number is being multiple by itself

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3 years ago
Maria invests $6,154 in a savings account with a fixed interest rate of 8% compounded continuously. What will the account balanc
Vitek1552 [10]

Answer:

$13,695.98

Step-by-step explanation:

We can use the continuous compound interest formula to solve:

A = Pe^{rt}

<em>P = principal amount</em>

<em>r = interest rate (decimal)</em>

<em>t = time (years)</em>

<em />

First, lets change 8% into a decimal:

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Now, lets plug in the values:

A=6,154e^{0.08(10)}

A=13,695.98

The account balance after 10 years will be $13,695.98

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Read 2 more answers
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