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diamong [38]
3 years ago
15

How much will $5000 be worth in 5 years if it is compounded continuously at 3% interest.

Mathematics
1 answer:
mash [69]3 years ago
3 0

Answer:

The final balance is $5,796.37.

The total compound interest is $796.37.

Step-by-step explanation:

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SVEN [57.7K]

Answer:

The correct answer is b.)

Step-by-step explanation:

Given:

Sequence  -7, -4, -1, 2, 5.......  => a₁ = -7, a₂ = -4, a₃ = -1, a₄ = 2 and a₅ = 5

We conclude that this sequence is arithmetic series.

First we must find difference d:

d = a₂ - a₁ = a₃ - a₂ = -4 - (-7) = -1 - (-4) = -4 + 7 = -1 + 4 = 3

d = 3

The formula for n-th term of the arithmetic series is:

aₙ = a₁ + (n-1) d

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If (fx)=5x, what is f^-1(x)
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Answer:

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Step-by-step explanation:

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x/5 = y

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Answer:

the awnser would be 2

Step-by-step explantion

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