Answer:
B. $3525.43
Step-by-step explanation:
We will use continuously compound interest formula to solve our problem.
A= Amount after T years.
P= Principal amount.
r= Interest rate (in decimal form).
e= The mathematical constant e.
T= Time in years.
First of all we will convert our interest rate in decimal form.

Now let us substitute our given values in above formula.




Therefore, we will get an amount of $3525.43 after 10 years and option B is the correct choice.
Should be 22.5
Mark brainliest please
Hope this helps you
Answer:
Assume you will invest fixed amount x at the starting of each month
S(12): (1.00625x)*(1.00625^(12)-1)/(1.00625-1) = 2000
x=160
you will invest fixed amount 160 at the starting of each month and get 2000 at the end of the year ,which compounded 7.5% monthly.
how much will you have invested at the end of the first year ?
160*12=1920
Answer:
Step-by-step explanation:What??
Answer:
f(x) = -(x-4)^2 + 5
Step-by-step explanation:
The function
is a quadratic function. Its graph looks like a parabola. The graph has a vertex of (4,5) and opens up downward.
Proving that
for all x:
