Complete Question
If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years
Answer:
$ 12,934.61
Step-by-step explanation:
The formula for Compound Interest Compounded continuously is given as:
A = Pe^rt
A = Amount after t years
r = Interest rate = 2.5%
t = Time after t years = 3
P = Principal = Initial amount invested = $12,000
First, convert R percent to r a decimal
r = R/100
r = 2.5%/100
r = 0.025 per year,
Then, solve our equation for A
A = Pe^rt
A = 12,000 × e^(0.025 × 3)
A = $ 12,934.61
The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.
Answer:
240000000
Step-by-step explanation:
3*80000000
=240000000
Answer:
Y = <u><em>5x</em></u> + <em><u>3</u></em>
Now for the other one if your asking is:
Y = <em><u>-12x</u></em> + <em><u>4</u></em>
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Hope this helped if so please mark brainlist!
The chance that any given bulb is on is equal to 1/2. The chance that all twenty bulbs are on at the same time is
X + 3y = 7
y = 2
Substitute
x + 3(2) = 7
x + 6 = 7
x = 1
Hope this helps!<span />
