The Amount of investment equals $974.83.
The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.
- The formula for continuous compound interest is A=P^e^(r*t)
Amount of investment = $535 * e^(6%*10)
Amount of investment = $535 * 1.82211880039
Amount of investment = $974.833558209
Amount of investment = $974.83
Therefore, the Option B is correct since the Amount of investment equals $974.83.
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Answer:
7 large stuffed animals and 20 small ones
Explanation:
Solve the system of equations
13S + 12L = 350
S + L = 27
L = 7
S = 20
Answer:
Neptune’s axis of rotation is tilted 28 degrees with respect to the plane of its orbit around the Sun, which is similar to the axial tilts of Mars and Earth. This means that Neptune experiences seasons just like we do on Earth; however, since its year is so long, each of the four seasons lasts for over 40 years.
Explanation:
