Find the amount in a continuously compounded account for the following condition. Principal, $4000; Annual interest rate, 5.
1 answer:
<h3>Answer: 4745.96 dollars</h3>
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Explanation:
We have this given info
- P = 4000 = principal
- r = 0.057 = annual interest rate in decimal form
- t = 3 = number of years
Use this to plug into the formula below
You'll need your calculator, and the calculator needs the "e" button.
The "e" refers to the special constant 2.718... which is similar to pi = 3.14...
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ANSWER
Find out the expression gives the percent of survey participants who chose swimming.
To proof
As given
75 girls at a summer camp were asked to complete a survey about their favorite outdoor activity.
27 girls chose swimming
32 girls chose hiking.
FORMULA
total girls = 75
girls chose swimming = 27
put in the formula
= 36%
36% of survey participants who chose swimming
Hence proved