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
Zinaida [17]
2 years ago
14

Logan is going to invest in an account paying an interest rate of 3.1% compounded continuously. How much would Logan need to inv

est, to the nearest ten dollars, for the value of the account to reach $990 in 6 years?
Mathematics
2 answers:
skad [1K]2 years ago
5 0

Answer:

yessir

Step-by-step explanation:

Aleonysh [2.5K]2 years ago
5 0

Answer: Rounded to the nearest $10 he would have to invest $830

Step-by-step explanation: While I am not completely familiar with this sort of math I am still relatively confident that I got the correct answer. Using the formula A = Pe^rt. First we can convert the percentage to a decimal so it can be used efficiently in the formula. So r = 3.1/100 which in turn equals 0.031 which is our decimal. Now we can simply input our information into the formula for our answer so follow along

A = 830 * e ^(0.031 * 6)

A = 830(2.718281828459045)^(0.186)

A = 999.67

And of course this is not exactly $990 because the question stated to round the original investment amount to the nearest 10 dollar. This should be your answer and if you have any other questions about this please do not hesitate to reach out :)

You might be interested in
A bag contains 7 red marbles, 8 blue marbles and 4 green marbles. If three marbles
labwork [276]

Answer:

answers is 19cscscsvss

6 0
3 years ago
Please, Solve this correctly i Will give brainliest.
djverab [1.8K]

Answer:

250 ml= 1 pancake

1000 ml=4 pancakes

Step-by-step explanation:

\frac{1}{4} of 1000 = 250

3 0
3 years ago
Read 2 more answers
What is the missing number placed on the blue dot. Assignment from kahan academy
Gwar [14]

Answer:

the blue dot is at -11 value on the number line.

5 0
3 years ago
Please help i'd really appreciate it.
BlackZzzverrR [31]
The answer is
Y= 4x + 4
8 0
3 years ago
Read 2 more answers
Joey wants to get a 90 test average in Science. He has already had two tests and he earned
kiruha [24]

I NEED A FREE BRAINLIEST ASAP

8 0
3 years ago
Read 2 more answers
Other questions:
  • 23,802 divided by 34 <br> HALP
    10·1 answer
  • Evaluate 5(x+y); use x=1,and y=1​
    7·2 answers
  • A 15% dextrous solution ​( 15 mg per 100 ml of solution is given intravenously. Suppose a total of 4.086 L of the solution is gi
    9·1 answer
  • Would the -5 go to the left or the right on the number scale?
    11·1 answer
  • Help with algebra please? Thank you.
    15·2 answers
  • Estimate the unit rate is 12 pairs of socks sell for $5.79
    7·2 answers
  • WILL MARK BRAINLIEST! please explain your answer too and i will mark brainliest!!! need fast!!!
    10·1 answer
  • Find the area inside and outside the circle​
    10·2 answers
  • If Joe printed 7 flyers in 56 minutes how many did he print in one minute
    6·2 answers
  • Its so hard can you guys help
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!