1/8 is tha answer............
195 ÷ 4 = 48.75
Is this what you wanted?
We have to calculate the amount of money Peter will have in his account after 5 years. Formula for the amount after t years with interest compounded continuously : A = P * e^(r t ). We know that r = 0.06; t = 5; e = 2.71 and P = $8,000. A = 8,000 * 2.718^( 0.06 * 5 ) = 8,000 * 2,718^( 0.3 ) = 8,000 * 1.3488158 = 10,798.53. Answer:<span> B. $10,798.53. </span>
Answer:
I think it's 39 I'm wrong but that's what I think sorry
