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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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Helen rolls a dice and flips a coin. <br> calculate the probability
butalik [34]

Answer:

1/12

Step-by-step explanation:

dice rolling=1/6

coin flipping=1/2

Hence probability=1/6×1/2

4 0
2 years ago
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5 0
3 years ago
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51 is 17% of what number
Juliette [100K]
Answer is 300
first change the 17% to decimal value, which is 0.17
Put everything in equation: 51=0.17x
then solve for it
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3 0
3 years ago
WILL MARK BRAINLIEST!!!!!!!!
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Data:

15 16 14 15 19 17

n=6 points

sum is 96

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Now we look at the absolute deviations, each of which is the absolute value of a score minus the mean, basically the distance of the score to the mean .

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3 years ago
Find the slope and y-intercept<br> 4x+2y=-6
EleoNora [17]
<span>4x+2y=-6
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so y = -3

answer
slope = -2
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