What is 57/100 in simplest form

Mathematics

1 answer:

kondaur [170]2 years ago

3 0

That would be 57%

Kiko Cordeiro

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Suppose you invest 1,600 at an annual interest rate of 7.9% compounded continuously. How much will you have in the account after

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$\bf ~~~~~~ \textit{Continuously Compounding Interest Earned Amount} \\\\ A=Pe^{rt}\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$1600\\ r=rate\to 7.9\%\to \frac{7.9}{100}\to &0.079\\ t=years\to &10 \end{cases} \\\\\\ A=1600e^{0.079\cdot 10}\implies A=1600e^{0.79}\implies A\approx 3525.434$