Answer:
A
Step-by-step explanation:
I don't know 1 but 2 can be 2.3 over 4.5 I think sorry if it's wrong but I hope it helps
Answer:
70 offices
Step-by-step explanation:
21 ÷ 3 to get amount per floor, 7 per floor, 7 × 10 = 70, 70 offices
Answer:
The population would be 3358
Step-by-step explanation:
Since, exponential growth function if the growth is compound continuously,
Where,
P = initial population,
r = growth rate per period,
t = number of periods,
Given,
The population in 2000, P = 2,400,
Growth rate per year = 1.68% = 0.0168,
Number of years from 2000 to 2020, t = 20,
Thus, the population in 2020,
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.
