9 years
<span>Years Value </span>
<span>1 34000 </span>
<span>2 28900 </span>
<span>3 24565 </span>
<span>4 20880.25 </span>
<span>5 17748.2125 </span>
<span>6 15085.980625 </span>
<span>7 12823.08353125 </span>
<span>8 10899.6210015625 </span>
<span>9 9264.6778513281 </span>
<span>10 7874.9761736289
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Answer:
$19,747.96
Step-by-step explanation:
You are going to want to use the continuous compound interest formula, which is shown below:
![A = Pe^{rt}](https://tex.z-dn.net/?f=A%20%3D%20Pe%5E%7Brt%7D)
<em>A = total</em>
<em>P = principal amount</em>
<em>r = interest rate (decimal)</em>
<em>t = time (years)</em>
<em />
First, lets change 5.5% into a decimal:
5.5% ->
-> 0.055
Next, plug in the values into the equation:
![A=15,000e^{0.055(5)}](https://tex.z-dn.net/?f=A%3D15%2C000e%5E%7B0.055%285%29%7D)
![A=19,747.96](https://tex.z-dn.net/?f=A%3D19%2C747.96)
After 5 years, you will have $19,747.96
Answer:
109m/s
Step-by-step explanation:
You idiot sandwich
Honestly sad to say, but I didn’t pay attention to this part of school so rip you bud
Answer:
3.2%
Step-by-step explanation: