Complete Question
If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years
Answer:
$ 12,934.61
Step-by-step explanation:
The formula for Compound Interest Compounded continuously is given as:
A = Pe^rt
A = Amount after t years
r = Interest rate = 2.5%
t = Time after t years = 3
P = Principal = Initial amount invested = $12,000
First, convert R percent to r a decimal
r = R/100
r = 2.5%/100
r = 0.025 per year,
Then, solve our equation for A
A = Pe^rt
A = 12,000 × e^(0.025 × 3)
A = $ 12,934.61
The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.
I guess that is 1:10
Hope ur help !;(
Never. If they are not on the same plane, then they cannot intersect because 2 lines and 1 point are always on a plane, in this case the original line, then a point in the middle to the point that creates the other line would be included, hence if they are non-coplaner then they cannot intersect.
15% of 24000 is 3600
24000-3600 = $20,400
Answer:
-6(x-2)=-7(x-3) = False x = 9
Step-by-step explanation:
Solve for x:
-6 (x - 2) = -7 (x - 3)
Expand out terms of the left hand side:
12 - 6 x = -7 (x - 3)
Expand out terms of the right hand side:
12 - 6 x = 21 - 7 x
Add 7 x to both sides:
7 x - 6 x + 12 = (7 x - 7 x) + 21
7 x - 7 x = 0:
7 x - 6 x + 12 = 21
7 x - 6 x = x:
x + 12 = 21
Subtract 12 from both sides:
x + (12 - 12) = 21 - 12
12 - 12 = 0:
x = 21 - 12
21 - 12 = 9:
Answer: x = 9
