Answer:
Hmm
Step-by-step explanation:
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.
Hey there! :)
2x + 4 > 16
We're simply just trying to get x onto it's own side, so let's get rid of any numbers on the same side of it.
We can start out by subtracting both sides by 4.
2x + 4 - 4 > 16 - 4
Simplify.
2x > 12
Then, divide both sides by 2.
2x ÷ 2 > 12 ÷ 2
Simplify.
x > 6
Therefore, our answer is D. x > 6
~Hope I helped!~
Answer is $330.63 because 15% of 287.5 is 43.125 then you add 47.125 to 287.5 and get 330.63
it is impossible
Step-by-step explanation:
