The worth after 10 years if it were invested at 4% interest compounded continuously is $ 895.094
<h3><u>Solution:</u></h3>
Given that $ 600 invested at 4 % interest compounded continously for 10 years
To find: total amount after 10 years
<em><u>The compound interest formula for compounded continously is given as:</u></em>
Where "p" is the principal
"r" is the rate of interest
"t" is the number of years
Here in this problem, p = 600
t = 10 years
Substituting the values in formula we get,
Thus the worth after 10 years is $ 895.094
The coordinate of point of a line, curve, parabola (examples) in which the point is on the x-axis. In simpler words, the first number on a coordinate (#,0). The x-intercept will be any number and then zero (coordinate form).
Each ton is equal to 2,000 pounds, therefore each ton (12) times the number of pounds per ton (2,000) is 24,000 pounds! Hope this helps!!
The rule associated with moving decimal places, and multiplying by a value or multiple of 10, would be the following :
If you divide a value by 10 or a multiple of 10, you would move the decimal place to the left number of times as there are zeros in the multiple.
(Assuming that there are no zeros in the numerator value)
If you multiply by 10 multiple, then you would move the decimal to the right that many times as there are 0's in the value.
The solution would be that the decimal number is multiplied by 100.
