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
Dima020 [189]
3 years ago
8

Annie is opening a savings account which earns 5.2% interest, compounded continuously.

Mathematics
1 answer:
diamong [38]3 years ago
7 0

Answer:

1686.22

Step-by-step explanation:

2300=P(1+(0.052x7))

2300=P1.364

P=2300/1.364

=1686.217...

=1686.22...

=1686 FOR THE NEAREST DOLLAR

You might be interested in
An analyst in Bank of America, Santa Clara University Branch, believes that on Mondays customers arrive at the bank with rate 50
Aleksandr-060686 [28]

Answer:

0.0821

Step-by-step explanation:

If the arrival rate is 50 customers per hour (60 minutes), then the expected number of customers in 3 minutes is:

\lambda=\frac{50}{60}*3\\ \lambda=2.5\ customers/3\ minutes

Assuming a Poisson distribution with 2.5 customers per 3 minutes, the probability that zero customers arrive for 3 minutes is:

P(x=k)=\frac{\lambda^k*e^{-\lambda}}{k!}\\P(x=0)=\frac{2.5^0*e^{-2.5}}{0!}\\ P(x=0)=0.0821

The probability that the bank stays empty for three minutes is 0.0821.

6 0
4 years ago
Which expression is equivalent to: (5⁹ × 5⁻⁷)⁻² ?
lutik1710 [3]

Answer:

(6^4 x 2^-9)

Step-by-step explanation:

4 0
3 years ago
A circle with center Q located at (1, 2) is drawn on the coordinate plane below.
Vlada [557]
<h2>Use this link to find your answer</h2>

https://lalinks.org/linksweb

5 0
3 years ago
A liquid mixture of 56 ounces contains 14 ounces of sugar and the rest is water. What is the ratio of sugar to water
pickupchik [31]
70 ounces Madison myrick
7 0
3 years ago
Please help and please dont send a link of the answer to a website :)
Nesterboy [21]

Answer:

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • How can I learn to do standard notation and scientific notation?
    5·1 answer
  • Consider △LNM. Which statements are true for triangle LNM? Check all that apply. The side opposite ∠L is NM. The side opposite ∠
    9·2 answers
  • What is 8,473,227 rounded to the nearest 100,000
    10·1 answer
  • A geometric sequence is shown below.
    9·1 answer
  • Find the radian measure of the central angle
    11·1 answer
  • Determine the value of x and y
    15·2 answers
  • The first term of a geometric series is -3, the common ratio is 6, and the sum of the series is -4,665. Using a table of values,
    12·1 answer
  • Someone help please!
    8·1 answer
  • X +2y =6<br> 2x - 3y =26 <br> solve each system. Tell how many solutions each system has
    8·1 answer
  • 10. You are buying meat for a cookout. You need to buy 8 packages of meat. A
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!