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schepotkina [342]
3 years ago
5

Challenge Three friends started savings accounts at the same time, with the same initial deposit.

Mathematics
2 answers:
Wittaler [7]3 years ago
5 0

Answer: B

Step-by-step explanation:

ez

TiliK225 [7]3 years ago
4 0

Answer:

B

Step-by-step explanation:

The values given are the change in their account balance. We can identify this by the words "Louise's account shows a total change of," and the other values are also identified as "total change of."  From here, we are able to rank the changes of values from least to greatest.

$28.69 < $56.84 < $89.12

The friend with the least change is the friend whose change in account balance was $28.69.  This is Franklin.  This logic is consistent for the other friends.

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You deposit $2000 in an account earning 4% interest compounded continuously. How much money will you
bazaltina [42]

Answer:

$3,644.24

Step-by-step explanation:

You are going to want to use the continuous compound interest formula, which is shown below.

A = Pe^{rt}

<em>P = principal amount</em>

<em>r = interest rate (decimal)</em>

<em>t = time (years)</em>

<em />

First change 4% to its decimal form:

4% -> \frac{4}{100} -> 0.04

Next, plug in the values into the equation:

A=2,000e^{0.04(15)}

A=3,644.24

After 15 years, you will have $3,644.24

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4 0
2 years ago
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dem82 [27]
Hey! 
Your answer would be 4! 
3*4+2=14
Hope this helped! Make sure to check my calculations before submit! 
Godspeed 
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