For this, we have to calculate how much money has to be invested at 2.3% interest compounded continuously to achieve $41,000 after 17 years
Formula: A= P * ( 1+r)^t
A= $41,000
r=0.023
t= 17
<span>41,000= P * (1+0.023)^17
</span>41,000= P * (1.023)^17
41,000= P * 1.4719
P= 41,000 : 1.4719
P= $27,731.59
Therefore, the answer is C. $27,731.59
I checked by doing the opposite, and I got $41,000.01, which is the closest to the question<span>
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Answer:
i believe the answer is 14.93 dollars.
Step-by-step explanation:
If each burger is 1/4 th of a pound, he can make a maximum of 35 hamburgers
3 from the 3/4ths and 32 from the 8
32+3 = 35
Answer:
Step-by-step explanation:
28 students all give $128
so,
= v v=6
Each student gave 6 dollars. This is true due to the fact that
=6
28X6=128