1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maslowich
2 years ago
15

Landon is going to invest in an account paying an interest rate of 4.3% compounded continuously. How much would Landon need to i

nvest, to the nearest hundred dollars, for the value of the account to reach $11,300 in 14 years?
Mathematics
2 answers:
Mazyrski [523]2 years ago
5 0

Answer:

$ 6,189.18

Step-by-step explanation:

From the above question, we can deduce that we are meant to find the Principal (Initial Amount ) invested.

The formula for the Principal of a compound interest that is compounded continuously is given as:

P = A / e^rt

Where

P = Principal

A = Totally Amount after time t = $11,300

r = Interest rate = 4.3 % = 0.043

t = 14 years

P = $11,300/ e ^0.043 × 14

P = $ 6,189.18

Hence, Landon needs to invest, $ 6,189.18

Nata [24]2 years ago
3 0

Answer:

6200

Step-by-step explanation:

You might be interested in
Explain how to find the sum −8.46+5.31. a.) Because |−8.46|>|5.31|, subtract |5.31| from |−8.46| and the sign is negative. b.
Amanda [17]

Step-by-step explanation:

Sum of −8.46 and 5.31 means we need to add −8.46+5.31.

We know that,

|-8.46| > |5.31|

It means we subtract 8.46 - 5.31

At hundredth place, 6-1 = 5

At tenths place, 4-3 = 1

At ones place, 8-5 = 3

It would mean that, 8.46 - 5.31 = 3.15

8.46 has a negative sign. It means that the final answer will have negative sign i.e. −8.46+5.31 = -3.15

Hence, the correct option is (a) " Because |−8.46|>|5.31|, subtract |5.31| from |−8.46| and the sign is negative".

5 0
2 years ago
N minus 6 divided by 3 equals negative 4
igor_vitrenko [27]
N=-6
-6 minus 6 is -12
-12 /3 is -4 since the negative doesn’t cancel out
5 0
3 years ago
Which situation is most likely to have a constant rate of change? A. Length of a bead necklace compared with the number of ident
Kipish [7]

Answer:

A. Length of a bead necklace compared with the number of identical beads

Step-by-step explanation:

Using identical beads in a necklace means that the length of the necklace will depend on the total number of identical beads in the necklace.

For each bead added, the length of the necklace will increase a given, constant, amount.  This is a constant rate of change.

5 0
3 years ago
Read 2 more answers
Find the volume. Round to the nearest tenth.​
sergey [27]

Answer:

a

Step-by-step explanation:

volume of cuboid = 8* 8 *23

volume of cylinder = pi * 4^2 r* 23

total colume = 2628.11

3 0
3 years ago
Retail price: $745; discount rate: 12.5% what is the discount?
Mariulka [41]

Answer:

mmmmmmmm

Step-by-step explanation:

the answer ................

7 0
3 years ago
Other questions:
  • caros ran 5.25 miles each day for d days. h ran a total of 157.5 miles. which eqution represents the number of days carlos ran?
    9·1 answer
  • A blouse that is size x in country a is size​ s(x) in country​ b, where ​f(x)equals=x minus−2. a blouse that is size x in the co
    13·1 answer
  • A scientist mixes water (containing no salt) with a solution that contains 35% salt. She wants to obtain245 ounces of a mixture
    10·1 answer
  • What is the scale factor of the dilation?<br> 2<br> 3<br> 1/2<br> 1/3
    14·2 answers
  • Jada and Lin are comparing inches and feet. Jada says that the constant of proportionality is 12. Lin says it is 112.
    5·1 answer
  • A two-dimensional vector has an x-component of 10.3~\text{meters}10.3 meters and a y-component of 4.30~\text{meters}4.30 meters.
    6·1 answer
  • A square has an area of 4 m2. what is the length of each side?​
    7·1 answer
  • What is the value of 5/6 divided by 3/4 in a fraction form
    7·2 answers
  • The dance committee of Pine Bluff Middle School earns $72 from a bake sale and will earn $4 for each ticket they sell to the Spr
    6·2 answers
  • Use the quotient rule to prove that the power rule is valid for negative whole number powers.​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!