Answer:
1
Step-by-step explanation:
x-9=-8
x=-8+9
x=1
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.
Answer: Sammy
Step-by-step explanation: If Tom finished the 100 meter race in 12.54 seconds that means he would have been going at an average of 7.97 seconds and if Sammy is finishing a 100 meter race in 25.98 seconds he would have been going at an average of 3.84. Therefore Sammy is going at a faster average.
Hope this helps!
Answer:
1.25E16
Step-by-step explanation: calculator