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Zanzabum
4 years ago
9

What amount to the nearest cent will an account have after 6 years is $175 is invested at 8% interest compounded continuously

Mathematics
1 answer:
guapka [62]4 years ago
7 0

Answer:

$281.02

Step-by-step explanation:

P=$175

r=8%=0.08

t=6 years

n=12

A=p(1+r/n)^nt

=175(1+0.08/12)^12×6

=175(1+0.0066)^72

=175(1.0066)^72

=175(1.6058)

=$281.015

Approximately $281.02

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3 years ago
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hope this helps
6 0
3 years ago
Given the function f(x)=8+2x2, calculate the following values:
Alona [7]
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5 0
3 years ago
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alexgriva [62]

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That's my best answer.

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5 0
3 years ago
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kondaur [170]

Answer: C- Fail to reject the null hypothesis. There is not enough evidence to oppose the company's claim.

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5 0
3 years ago
Read 2 more answers
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