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
inna [77]
3 years ago
9

You deposit $2200 in the account that pays 3% annual interest compounded continuously after 20 years you withdraw the money what

formula do you use
Mathematics
1 answer:
Butoxors [25]3 years ago
7 0

Answer: 6600

Step-by-step explanation:

To find the original price, first we need to answer, \$\greenD{1.54}$1.54dollar sign, start color #1fab54, 1, point, 54, end color #1fab54 is \blueD{5.5}\%5.5%start color #11accd, 5, point, 5, end color #11accd, percent of what number?

Hint #22 / 5

Percent means per hundred, so \blueD{5.5}\%5.5%start color #11accd, 5, point, 5, end color #11accd, percent is equivalent to \blueD{\dfrac{5.5}{100}}

100

5.5

​

start color #11accd, start fraction, 5, point, 5, divided by, 100, end fraction, end color #11accd which is also equal to \blueD{5.5\div 100}5.5÷100start color #11accd, 5, point, 5, divided by, 100, end color #11accd.

\blueD{5.5 \div 100 = 0.055}5.5÷100=0.055start color #11accd, 5, point, 5, divided by, 100, equals, 0, point, 055, end color #11accd

Hint #33 / 5

To find the original price, we need to know \blueD{0.055}0.055start color #11accd, 0, point, 055, end color #11accd times what number equals \greenD{1.54}1.54start color #1fab54, 1, point, 54, end color #1fab54.

\blueD{0.055} \maroonD{x} = \greenD{\$1.54}0.055x=$1.54start color #11accd, 0, point, 055, end color #11accd, start color #ca337c, x, end color #ca337c, equals, start color #1fab54, dollar sign, 1, point, 54, end color #1fab54

Hint #44 / 5

\begin{aligned} \blueD{0.055} \maroonD{x} &= \greenD{\$1.54} \\\\ \dfrac{\blueD{0.055} \maroonD{x}}{\blueD{0.055}} &= \dfrac{\greenD{\$1.54}}{\blueD{0.055}} \\\\ \maroonD{x} &= \maroonD{28} \end{aligned}

0.055x

0.055

0.055x

​

x

​

 

=$1.54

=

0.055

$1.54

​

=6600

You might be interested in
What is the common ratio for the geometric sequence below, written as a fraction?
MaRussiya [10]
5/8 hope this helps!!
3 0
3 years ago
Read 2 more answers
Which unit rate is the lowest price per ounce? Choice A: 15 ounces of chocolate chips for $2.49 Choice B: 20 ounces of chocolate
Arisa [49]
Its 15 divided by 2.49 which is 6.02, then you have to divide 20 divide by 3.32 which equals 6.02. They are both equal Both a and B are equal

You're Welcome i hope i helped
7 0
3 years ago
Read 2 more answers
Help please......................
kolbaska11 [484]
7 because 4+2=6 and 1/2+1/2=1 so 6+1=7
6 0
3 years ago
Read 2 more answers
Which rational number represents a decrease in water level from 8 feet to 6 feet?
Serggg [28]

Answer:

C

Step-by-step explanation:

7 0
3 years ago
Two trains leave the station at the same time, one heading east and the other west. The eastbound train travels at 55 miles per
SSSSS [86.1K]

Answer:

95+75=170 mph=speed at which the two trains are moving apart

travel time=distance/speed=374/170=2.2

How long will it take for the two trains to be 374 miles apart? 2.2 hrs

Step-by-step explanation:

6 0
3 years ago
Other questions:
  • What principal amount will grow to $300 if invested at 6.5 compounded weekly for 4 years
    12·1 answer
  • Please help meeeeeeee ASAP
    14·1 answer
  • What is an equation of the line that passes through the points (7,-6)(3,-6)
    13·1 answer
  • Find a polynomial for the sum of the shaded<br> areas of the figure. A = 6, B = 4
    13·1 answer
  • The temperature at 3 a.m. was – 6°C. At noon, the temperature increased by 10°C. What was the temperature at noon? A. negative s
    10·1 answer
  • Find each product !!
    6·1 answer
  • Liam is a rewards member at a local restaurant. He can buy four tacos at regular price and get 5.50 off of his purchase. Zachary
    11·1 answer
  • (b) The monthly salary of a staff working in a doll shop is Rs. 7,500. She sold the dolls of Rs. 1,20,000 in a month. If she ear
    9·2 answers
  • .........................................................................................................
    5·1 answer
  • One bag of 25 diapers costs $3.99. A box of 89 diapers $18.99. Which is the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!