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.
A will be the right answer
The two numbers are 10 and 7.
10+7=17 and 10-7=3
9ft n 3 inches , because 12 inches is a feet ! if you know then you know
Answer:
x = 10.75
Step-by-step explanation:
4(x+9)=8x-7
Step 1: Distribute the 4 to the x and 9
4 * x = 4x
4 * 9 = 36
We now have 4x + 36 = 8x - 7
Step 2: add 7 to both sides
36 + 7 = 43
-7 + 7 cancels out
We now have 4x + 43 = 8x
Step 3 subtract 4x from both sides
4x - 4x cancels out
8x - 4x = 4x
We now have 4x = 43
step 4 divide both sides by 4
4x / 4 ( the 4s cancel out and we're left with x )
43/4 = 10.75
We're left with x = 10.75
