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spayn [35]
3 years ago
11

Alex borrows $2500 from a bank that has a rate of 5.5% with continuous compounding. How much does he owe after 2 years? Round to

the nearest hundredths.
Mathematics
1 answer:
Vesnalui [34]3 years ago
3 0

Answer:

$5282.70

Step-by-step explanation:

the formula for calculating future value when there is continuous compounding is : A x e^r x N

A= amount e = 2.7182818

N = number of years

r = interest rate

2500x e^0.055 x 2 = 5282.70

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Step-by-step explanation:

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3 years ago
What is the solution of 34x+2x=44
Alex

Answer:

x=11/9 hope this helped <3

Step-by-step explanation:

Let's solve your equation step-by-step.

34x+2x=44

Step 1: Simplify both sides of the equation.

34x+2x=44

(34x+2x)=44(Combine Like Terms)

36x=44

36x=44

Step 2: Divide both sides by 36.

8 0
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3 years ago
Geometric mean <br> Pls help thank u
quester [9]

Answer:

Step-by-step explanation:

1). Geometric mean of a and b = \sqrt{a\times b}

   Therefore, geometric mean of 2 and 50 = \sqrt{2\times 50}

                                                                       = 10

2). By geometric mean theorem,

   \frac{JM}{KM}=\frac{KM}{ML}

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  Similarly, \frac{JL}{KJ}=\frac{KJ}{JM}

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   And \frac{JL}{KL}=\frac{KL}{ML}

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3 0
3 years ago
I need help with #6 <br> Can u also show work ?
Anit [1.1K]

Answer:

the answer is a when you do the math while b and c and d all keep going bit a stops and can no loneger be changed

Step-by-step explanation:

1. distribute 2 to what is in the parentheses ( you should get x over 3 +10)

2. combine both x over 3

cancel out the x and get 6

your answer wpuld be 6 = 10

5 0
3 years ago
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