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BARSIC [14]
3 years ago
13

7. Find the amount of money accumulated if you invest $10,000 at 3% interest compounded continuously for 2 years. Round your

Mathematics
1 answer:
IrinaK [193]3 years ago
4 0

Answer:

$10618.37

Step-by-step explanation:

Use the formula for compound interest:

P(t) = P_0e^(rt)

You can look the formula up online to find what each variable represents.

First, our principal amount (P) is 10,000. Our interest rate (r) is 3% and our time (t) is 2. Substitute these into the equations in each variables' place. The equation will look like this:

P(t) = 10,000e^(0.03x2)

P(t) = 10,000e^(0.06)

Note that e is approximately 2.7183 .

Using your calculator, now simply find P(t).

You should get 10618.36972 as your answer. Round that to the nearest cent to get $10618.37 .

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Answer:

the angles which occupy the same relative position at each intersection where a straight line crosses two others. If the two lines are parallel, the corresponding angles are equal

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Just do what i put up there

6 0
3 years ago
Jamie's older brother and his three friends want to split the cost of lunch they also want to leave a 15% tip how much should ea
goldfiish [28.3K]
Answer:
$22.43

Explanation:
We can start by finding the amount that they should tip. The total bill is $78, so we should take 15% of 78 and add it to the total.
0.15 * 78 = 11.7
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This means that the total cost of the bill, with a tip, is $89.70.
Since there are 4 people, we have to split this total into 4 if they all want to pay equally.
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Hope this helps
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2 years ago
Find the inverse of f(x)=4x+3
zhuklara [117]

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2 years ago
4d+8b+11d+7 list the coefficient in the expression
Mandarinka [93]

4,8,11,7 are the coefficients in this expression

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3 years ago
Read 2 more answers
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vova2212 [387]
The answer is 80 times larger than 5 x 10^3
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