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nasty-shy [4]
3 years ago
9

How much would $600 invested at 8% interest compounded continuously worth after 3 years?

Mathematics
1 answer:
densk [106]3 years ago
6 0

Answer:

a \:  =  \: pe ^{rt}

a = 600e^{(.08)(3)}

a = 762.75 \: dollars

Since the question stated that the interest is compounded continuously, we know that Euler number is required

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Questions are in the picture
gtnhenbr [62]

The closest point is (3.5, 1.9) and the distance is 1.96 units

<h3>How to determine the point and the distance?</h3>

The coordinate is given as:

(4, 0)

The equation of the function is

y = √x

The distance between two points is calculated using

d = √(x2 - x1)^2 + (y2 - y1)^2

So, we have the following points

(x1, y1) = (4, 0) and (x2, y2) = (x, 0)

This gives

d = √(x - 4)^2 + (√x - 0)^2

Evaluate the difference

d = √(x - 4)^2 + (√x)^2

Evaluate the exponent

d = √x^2 - 8x + 16 + x

Evaluate the like terms

d = √x^2 - 7x + 16

Next, we differentiate using a graphing calculator

d' = (2x - 7)/[2√(x^2 - 7x + 16)]

Set to 0

(2x - 7)/[2√(x^2 - 7x + 16)] = 0

Cross multiply

2x - 7 = 0

Add 7 to both sides

2x = 7

Divide by 2

x = 3.5

So, we have:

Substitute x = 3.5 in y = √x

y = √3.5

Evaluate

y = 1.9

So, the point is (3.5, 1.9)

The distance is then calculated as:

d = √(x2 - x1)^2 + (y2 - y1)^2

This gives

d = √(3.5 - 4)^2 + (1.9 - 0)^2

Evaluate

d = 1.96

Hence, the closest point is (3.5, 1.9) and the distance is 1.96 units

Read more about distance at:

brainly.com/question/23848540

#SPJ1

3 0
2 years ago
What type of transformation is used<br> when the line y = vx is transformed<br> into y= 5x?
dedylja [7]

Answer:

It gains a slope of 5 over 1

Step-by-step explanation:

4 0
3 years ago
Name
kozerog [31]

2, 8, 32, 128,

Multiply by 4 for each number

8/2= 4

32/8= 4

128/32= 4

128*4=512

512*4= 2,048

Answer: D 512, 2,048

5 0
4 years ago
You are trapped in a dark cave with three indistinguishable exists on the walls. One of the exits takes you 3 hours to travel an
bija089 [108]

Answer:

6 HOURS

Step-by-step explanation:

5 0
3 years ago
An mp3 player is on sale for 30% off the regular price of $39.98. How much is the discount? a. $11.99 b. $13.19 c. $13.33 d. $27
bagirrra123 [75]

Answer:

$11.99

https://www.percent-off.com/_30_%25+off_39.98_

(A calutor for you to use I used it to help my mom shop)

6 0
3 years ago
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