Answer: The balance in the account after 10 years is $3374.65
Step-by-step explanation:
The exponential equation for growth [ compounded continuously] is
, where P= Present value
r= growth rate ( in decimal)
t= time (years)
By considering the given information , we have
p=$2500 r = % =0.03 and t= 10
Substitute all the values in the above equation , we get
[Round to the nearest cent]
Therefore, the balance in the account after 10 years is $3374.65
Multiply 12 by 15
12 ✖ 15 = 180
180 ➗ 300 = .6 or 60/100 or 6/10 or 3/5
Answer:
x=−4+√22 or x=−4−√22
Step-by-step explanation:
Substitute all values in the quadratic formula.
Solve.