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Aleks [24]
3 years ago
7

You deposit $800 in an account that pays 2.65% annual interest compounded continuously. What is the balance after 12 years? Use

A(t)=P e^rt because it is compounding continuously.
PLEASE HELPP
Mathematics
1 answer:
balu736 [363]3 years ago
4 0

Answer:Let P = initial investment

     r = annual interest rate (decimal form)

     t = number of years

   A(t) = amount after t years

 

Then, A(t) = Pert

 

A(12.5) = 800e(0.0265)(12.5)

 

             = 800e0.33125

 

             = $1114.17

Step-by-step explanation:

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Find the volume of the box in cubic inches.
LenKa [72]

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1 foot is 12 inches

Thus 2 feet is 24 inches

Substitute values into equation:

volume = 24 x 24 x 24

volume = 13824

Your answer is option D

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3 0
3 years ago
Suppose a random sample of size is selected from a population with . Find the value of the standard error of the mean in each of
77julia77 [94]

Answer:

A) σ_x' = 1.4142

B) σ_x' = 1.4135

C) σ_x' = 1.4073

D) σ_x' = 1.343

Step-by-step explanation:

We are given;

σ = 10

n = 50

A) when size is infinite, the standard deviation of the sample mean is given by the formula;

σ_x' = σ/√n

Thus,

σ_x' = 10/√50

σ_x' = 1.4142

B) size is given, thus, the standard deviation of the sample mean is given by the formula;

σ_x' = (σ/√n)√((N - n)/(N - 1))

Thus, with size of N = 50,000, we have;

σ_x' = 1.4142 x √((50000 - 50)/(50000 - 1))

σ_x' = 1.4142 x 0.9995

σ_x' = 1.4135

C) at N = 5000;

σ_x' = 1.4142 x √((5000 - 50)/(5000 - 1))

σ_x' = 1.4073

D) at N = 500;

σ_x' = 1.4142 x √((500 - 50)/(500 - 1))

σ_x' = 1.343

3 0
3 years ago
9. Shakira makes 12% commission on her
Maru [420]
Find the percent:

8500/100 = 85

Find the amount:

85 • 12 = 1020

Answer:

$1020
6 0
2 years ago
HELPPPP MEEEEEE!!!!!
kirill115 [55]
I hope this can help you

5 0
2 years ago
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