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Semmy [17]
3 years ago
9

Question 10 of 25

Mathematics
1 answer:
EastWind [94]3 years ago
4 0

Answer: A. 0.04

Step-by-step explanation: Answer 0.04

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you have $15,000 to invest for 5 years at 5.5% annual interest rate that is compounded continuously. how much money will you hav
MissTica

Answer:

$19,747.96

Step-by-step explanation:

You are going to want to use the continuous compound interest formula, which is shown below:

A = Pe^{rt}

<em>A = total</em>

<em>P = principal amount</em>

<em>r = interest rate (decimal)</em>

<em>t = time (years)</em>

<em />

First, lets change 5.5% into a decimal:

5.5% -> \frac{5.5}{100} -> 0.055

Next, plug in the values into the equation:

A=15,000e^{0.055(5)}

A=19,747.96

After 5 years, you will have $19,747.96

4 0
3 years ago
Marc ordered a rug he gave a deposit of 30% of the cost and will pay the rest when the rug is delivered if the deposit was $75 h
o-na [289]
Use proportion, so multiply 100 by 75, then divide it by 30 and that's your answer.....250

6 0
3 years ago
Read 2 more answers
Find the quotient of 2,300 and (0.4 · 10-8). In your final answer, include all of your calculations.
BigorU [14]
The first number in this item can be also expressed as 2.3 x 10³. Now, dividing the numbers 2.3 and 0.4 will give us an answer of 5.75. There exists a rule which states that when two similar numbers are divided only having different exponents, their exponents should be subtracted. The final answer to this item is therefore,
                                    5.75 x 10¹¹
5 0
4 years ago
Solve
polet [3.4K]

Answer:

3

4

5

9

2

Step-by-step explanation:

4 0
3 years ago
Pleasee helpppㅤㅤㅤㅤㅤㅤㅤ
xeze [42]

Answer:

c.(1) Impossible c.(ll) unlikely

5 0
3 years ago
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