The formula is
A=pe^rt
A ?
P 3,278,000
E constant, it equals 2.7
R 0.003
T 2,021−2,015=6 years
A=3,278,000×e^(0.003×6)
A=3,337,538
Answer: • 6
• -4
•3
Step-by-step explanation:
Answer:
inifinitely many solutions
Step-by-step explanation:
Answer:
a
567 is the answer because of the 7percent
Given:
Principal = $14850
Rate of interest = 4% compounded semiannually.
Time = 3 years
To find:
The amount after 3 years.
Solution:
Formula for amount is:

Where, P is principal, r is the rate of interest in decimal, n is the number of times interest compounded and t is the number of years.
The interest is compounded semiannually, so n=2.
Putting
in the above formula, we get



On further simplification, we get



Therefore, the amount in the account after three years is $16723.51.