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
lyudmila [28]
2 years ago
10

Suppose you invest $2200 at an annual interest rate of 5.3% compounded continuously. How much will you have in the account after

7 years?
Mathematics
1 answer:
gulaghasi [49]2 years ago
8 0

Step-by-step explanation:

step 1. Let's call the amount of money A.

step 2. A = A¡e^(rt) (continuously compounding equation)

step 3. A = A¡e^(rt). A¡ = initial amount. r = rate, t = time.

step 4. A = 2200e^((.053)(7)

step 5. A = $3188.20

You might be interested in
What are the steps to graphing a linear equation?
chubhunter [2.5K]

Locate the y-intercept on the graph and plot the point.

From this point, use the slope to find a second point and plot it.

Draw the line that connects the two points.

6 0
2 years ago
Read 2 more answers
How much would it cost to buy 3 medium sodas and 2 hot dogs
Vesnalui [34]

To start off you need to figure out how much money each item costs.  Now get out your calculator because it will make this process go much faster.



EXAMPLE:

If your sodas cost $2.25 EACH you need to do the following math equation

2.25 X 3 = 6.75 witch is the total you would be paying in this situation.


HOT DOGS EXAMPLE:


Lets say that your hotdogs are $4.75 PER DOG. You just need to follow the same steps above.


4.75 X 2 = 9.5 but thats not how we write money so it would be $9.50


Hope this helps,


Daniel

5 0
2 years ago
Read 2 more answers
GEOMETRY. Identify the angles that each have a measure of 117º
sergiy2304 [10]

Answer:

It should be 4, 6, and 8

Step-by-step explanation:

Hope This Helped

6 0
3 years ago
Can someone give me the pattern rule for 2 6 4 12 10 30 28 and wit are the next three numbers
Usimov [2.4K]
Multiply the first digit by 3 then subtract the answer by 2.  Rule:  x 3  - 2
5 0
3 years ago
Read 2 more answers
What is the number 100 before 2,589?
scoray [572]
Uhh yes it is wayyy before 2,589 I believe
5 0
3 years ago
Read 2 more answers
Other questions:
  • Solve the following inequation and represent the solution set on the number line
    15·1 answer
  • Because Charles David Keeling and his new colleagues began measuring CO2 in 1958, we now have an excellent record of how CO2 con
    14·1 answer
  • Can you help me with my school work
    7·2 answers
  • Madison has test scores of 93, 82, 86, and 75. What is the mean?<br> answer as fast a possible
    5·1 answer
  • 15r-15s=<br> can you help
    10·2 answers
  • I HIT 80 SUBS !!!!! if you want to help out my yt is 999 Trendy TYSMMMM please help out some more.
    8·1 answer
  • Help plz:))) I’ll mark u brainliest <br> ASAP!!!
    11·1 answer
  • Bruce walks 3/4 mile in 1/5 hour. What is his speed in miles per hour? (label your answer mph) * worth 25 points and brainlyiest
    10·1 answer
  • What is the domain of the function y= Vx+6 - 7?<br> O xX-7<br> O x&gt;-6<br> O xX6<br> Ox&gt;7
    14·1 answer
  • PLZZ HELP?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!