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natita [175]
3 years ago
11

Suppose $500 is invested in an account at an annual interest rate of r =5.5%, compounded continuously.

Mathematics
1 answer:
Natalka [10]3 years ago
4 0

Answer: a) A(t)= $500(1.055)^t

b) Amount after 9 years A(9) = $809.55

Amount after 17 years A(17) = $1242.40

Step-by-step explanation: shown in the attachment.

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Problem 2) We can use the SAS (Side Angle Side) Similarity Theorem to prove that these two triangles are similar. The angles are congruent. They are both 29 degrees. So that checks off the "A" portion of SAS. Then notice how the bottom sides are 32 and 64 for the small and large triangle respectively. They form the ratio 32/64 = 1/2, ie the smaller triangle's side is 1/2 as long as the longer counter part. Similarly, 8/16 = 1/2 as well. The ratio is constant at 1/2. This allows us to use the other "S" portions of SAS. 
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