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Nata [24]
2 years ago
6

suppose you invest $700 in a savings account that pays 4.2% annual interest compounded continuously. how much money will be in t

he account after 5 years?
Mathematics
1 answer:
Elina [12.6K]2 years ago
7 0

Answer:

847

Step-by-step explanation:

700 ÷100 = 7

7× 4.2 = 29.4

29.4×5 =147

500+147

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3 years ago
Calculate the interest produced by a principal of $ 4,500 at 5% annual simple interest in 8 months.
enyata [817]

Answer:

4,500 x 5 = 22,500

4,500 divided by 5 = 900

4,500 plus 5 = 4,505

4,500 minus 5 = 4,495

Step-by-step explanation:

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Answer as many as you can please (write in slope-intercept form)
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Answer: See below

Step-by-step explanation:

For the first one, we are already given our slope. All we need to do is find the y-intercept, b.

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For the second one, we need to first find the slope using m=\frac{y_{2}-y_{1}  }{x_{2}-x_{1}  }.

m=\frac{1-13}{3-(-6)} =\frac{-12}{9}

Now that we have our slope, we can plug it into our slope-intercept form to solve for b.

y=-\frac{12}{9} x+b

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The slope-intercept form is y=-\frac{12}{9} -\frac{9}{4}.

For the third one, we are already given the slope, so all we have to do is find b.

y=-\frac{1}{2}x +b

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For the last one, we need to first find the slope using m=\frac{y_{2}-y_{1}  }{x_{2}-x_{1}  }.

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Now that we have our slope, we can plug it into our slope-intercept form and find b.

y=-5x+b

2=-5(1)+b

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Our slope-intercept form is y=-5x+7.

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Answer:

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