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
enot [183]
3 years ago
8

Suppose you deposit $100 in a savings account where the interest earned is compounded continuously at a rate of 2%. How many yea

rs will it take the balance in the account to reach $10,000 (round your answer to
the nearest year)?

A. 231 years
B. 230 years
C. 234 years
D. 232 years
Mathematics
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer:T = 230.259 years

So choice B

Step-by-step explanation:

T = r / 100

T : 2 /100 = 0.02 per year

Now let’s solve for t using this equation

In ( A/P) / r

In ( 10000/100) / 0.02

Put this on calculator u get 230.259 years and now to the nearest year

is 230 years.

Hope this help

You might be interested in
‏‏‎ ‎ ‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎ ‏‏‎ ‎ ‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎ ‏‏‎ ‎ ‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎ ‏‏‎ ‎ ‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎
pashok25 [27]

Answer:

uhhh wheres the question

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
5^2x=28 <br> (Help me please!!!!!!)
gizmo_the_mogwai [7]
Okay so i would do this with a logarithm. 
5^(2x) = 28 
take the log of both sides
log5^(2x) = log28   and because of this log rule: logA^n = nlogA 
(2x)log5= log28
then divide by log5 on both sides
2x = log28 / log5
and divide by 2
x = (log28 / log5) /2
this can be found with a calculator:

x= about 1.03521...
round that to whatever the question says to
6 0
3 years ago
If point E is between points D and F and DE = 27 and EF = 34, find DF.
Elenna [48]
It's 61 (Free points for me)
7 0
3 years ago
Read 2 more answers
Give ABCD is a trapizod , Ab = 13, CD= 14, BC = 15, and AD = 20 what is the area
KengaRu [80]

Step-by-step explanation:

A=140sq. units

7 0
3 years ago
Read 2 more answers
Can you also explain how you solve it so i can do by myself:)
blsea [12.9K]
The answer is -624.99. Its simply you just the -500 by 5 to get -100. and then you continue to divide by 5 until you get the 8th term then add all of them and you get the answer. I hope it helped you, sorry if you didn't understand. plz forgive me.
7 0
3 years ago
Other questions:
  • Perform the operation and write the answer in the simplest form....
    13·2 answers
  • What is 1/2x=-1/4y+2 in standard form
    12·1 answer
  • Solve the equation. check for extraneous solutions.<br>|x+24|=-7x<br>please show work
    14·1 answer
  • How many degrees does the minute hand turn to get from 12:00 to 12:05
    13·2 answers
  • Leroy gave half of his crayons to a friend he then lost 2 he had 10 left how many crayons did he have to begin with
    9·2 answers
  • A box of M&amp;M's holds 421 candies. There are 14 packs in the box. About how many candies are in each pack
    14·1 answer
  • Find the volume of the rectangular prism , in cubic centimeters please answer
    15·1 answer
  • Write a polynomial function that has the zeros -3, 1, -1 and has a leading coefficient of 1.
    14·1 answer
  • I keep on getting the wrong answer
    15·2 answers
  • Which of the following shows all of the factor pairs of 28?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!