Answer:
$24,498,509.74
Step-by-step explanation:
The formula for the value as a function of time is ...
V(t) = P·e^(rt)
Filling in the numbers and doing the arithmetic, we have ...
V(35) = 3,000,000·e^(0.06·35) ≈ 24,498,509.74
Compounded continuously for 35 years, the investment will be worth $24,498,509.74.
Answer:
x=28
Step-by-step explanation:
4(x-5)=92
4x-20=92
add 20 to both sides
4x=112
divide 4 on both sides
x=28