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
alisha [4.7K]
3 years ago
6

Ken has an investment account which compounds interest continuously at a rate of 3.4%. After 4 years, he has $4400 in the accoun

t. How much money did he initially place in the account? Round your answer to the nearest dollar. Do NOT round until you have calculated the final answer.
Mathematics
2 answers:
Maksim231197 [3]3 years ago
5 0

Answer:

$6617

Step-by-step explanation:

Use the formula for calculating compound interest A=P0ert where A is the unknown, P0=4400, r=0.034, and t=12. Substitute the values into the formula and simplify.

A=4400e0.034⋅12

A=4400e0.408

A=4400(1.503...)

A=6616.75

After 12 years, there will be A≈6617 in the account, rounded to the nearest dollar.

Alenkinab [10]3 years ago
3 0

Answer:

$3841

Solve the formula for calculating compound interest

a=Pe rt for

You might be interested in
Find all values of x in the interval [0, 2π] that satisfy the equation. (Enter your answers as a comma-separated list.)
asambeis [7]

Answer:

(15°, 165°)

Step-by-step explanation:

Given the equation 6 sin2(x) = 3, we are to find the value of x that satisfies the equation in the interval  [0, 2π]

Given

6 sin2(x) = 3,

Divide both sides by 6

6 sin2(x)/6 = 3/6

sin2(x) = 1/2

2x = sin^-1(0.5)

2x = 30°

x = 30°/2

x = 15°

Since sin is positive in the second quadrant, x2 = 180-15

x = 165°

Hence the values within the interval are 15 and 165.

(15°, 165°)

7 0
3 years ago
Curtis is packing to move. He finds 23 photo albums in the attic and 45 albums in a closet. If he divides them equally among 4 b
belka [17]
He will put 17 albums in each box
7 0
3 years ago
Read 2 more answers
Which side must have the same length as BC?<br> *Brainliest for first correct answer*
Katyanochek1 [597]

Answer: RS

Step-by-step explanation:

3 0
2 years ago
Read 2 more answers
What is the product of 3a(8a-6a)
Leto [7]

Answer:

6a^2

Step-by-step explanation:

5 0
3 years ago
PLS HELP ASAP
Anna007 [38]
Use math-way!!!!!!! I promise you won’t need to waist your points.%
7 0
3 years ago
Other questions:
  • Which of the expressions (on the photo document I inserted) together represent all solutions to the following equation?
    11·1 answer
  • What is the radius and diameter of the following circle?
    9·2 answers
  • The variable Z is directly proportional to X. When X is 3, Z has the value 57. What is the value of Z when X = 8
    12·1 answer
  • Any proposed solution of a rational equation that causes a denominator to equal​ _______ is rejected.
    9·2 answers
  • Please please help me with this
    8·2 answers
  • In a survey of a community, it was found that 55%
    5·1 answer
  • Find the volume for this problem ?
    8·1 answer
  • Consider △XYZ Triangle X Y Z is shown. Angle X Z Y is a right angle. What are the ratios of sine, cosine, and tangent for angle
    6·2 answers
  • 2x + 3 = -7 what is x ​
    9·1 answer
  • Marissa's hair was 10 inches long and then she cut w inches
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!