Sorry I’m only answering this so I can ask
Answer:
D
Step-by-step explanation:
Complete Question
If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years
Answer:
$ 12,934.61
Step-by-step explanation:
The formula for Compound Interest Compounded continuously is given as:
A = Pe^rt
A = Amount after t years
r = Interest rate = 2.5%
t = Time after t years = 3
P = Principal = Initial amount invested = $12,000
First, convert R percent to r a decimal
r = R/100
r = 2.5%/100
r = 0.025 per year,
Then, solve our equation for A
A = Pe^rt
A = 12,000 × e^(0.025 × 3)
A = $ 12,934.61
The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.
The answer would be 89.90558242
If u round it off, the answer will be 90
Work:
6/15 = x/1
To get from 15 to 1, you have to divide by 15. So, to make an equal field, divide 6 by 15.
6 : 15 is the same as 2 : 5 or 0.4.
30/80 = x/1
To get from 80 to 1, you have to divide by 80. So, to make an equal field, divide 30 by 80.
30 : 80 is the same as 3 : 8 or .875.
Comparing the two, 30 : 80 is greater than 6 : 15.
Hope this helps. Have a good day.
