Which graph shows a dilation? Hurry only 30mins left
1 answer:
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Answer:
$3,200.57
Step-by-step explanation:
You are going to want to use the continuous compound interest formula, which is shown below.
<em>A = total </em>
<em>P = principal amount </em>
<em>r = interest rate (decimal) </em>
<em>t = time (years)</em>
<em />
First change 15% to its decimal form:
15% -> -> 0.15
Next, plug in the values into the equation:
The investment will be worth $3,200.57 in 7 years.