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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 :)

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hichkok12 [17]

Answer:

The answer in the procedure

Step-by-step explanation:

we have

2x-3y=-1 ----> equation A

3x+3y=26 --> equation B

Solve the system by elimination

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8 0
3 years ago
Please help me!! thank you!!
I am Lyosha [343]

Answer:

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Step-by-step explanation:

A. 106 + 2x + 50 = 180. Correct.

B. 2x + 50 = 180. Incorrect. Angle is not a Straight Angle.

C. 2x + 50 = 106. Incorrect. That equals the first angle.

hope this helps.

4 0
2 years ago
Plzzz help me I don’t understand aTT ALL if I don’t do it I’ll get a 0 in my report card plz help
Digiron [165]

Answer:

hi there! i can help you out! i don't want you to get a zero on your report card!!

Step-by-step explanation:

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another ex! so on the second question, it says patient 2 : 7 hours so place the dot on top of the 2 and go up untill you see 6 and 8 and place the dot beween them!

7 0
3 years ago
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slavikrds [6]

Answer:

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Step-by-step explanation:

As we can see they are similar triangles then

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Hope it will help :)

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3 years ago
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