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lana [24]
3 years ago
15

An exponential function contains the points: (2, 121) and (3,

Mathematics
1 answer:
ikadub [295]3 years ago
4 0
Jt wldbd be 1200 since you are subtractjnh and addibg
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how much would $600 invested at 8% interest compound continuously be worth after 3 years? round to the nearest cent a(t)=p.ert
Aleksandr-060686 [28]
Given:
$600 principal
8% rate = 8/100 = 0.08
3 years time

Solving for A:
A = P⋅e^rt
where:
A is the amount
P is the principal
e is the mathematical constant
r is the rate of interest
t is the time in years

A = P⋅e^rt
= 600⋅e^(0.08⋅3)
= 600(2.718281828459045)^(0.24)
A = $762.70

$600 compounded continuously at a rate of 8% for 3 years will yield a final amount of $762.70 

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3 years ago
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This is a special case. If after step two I would've gotten y=something... I would have plugged that new y value into my first equation

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Is 26 a perfect square? Why or why not?
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