How much should you invest in an account that pays 6% annual interest compounded continuously if you want exactly $8000 after fo
ur years?
1 answer:
Answer:
$6239
Step-by-step explanation:
A(t) = P•e^rt
Substitute with 6% 0.06, t with 4 and A(t) with 8,000 to find the value of P.
8, 000 = P•e^0.06•4
8, 000 = P•e^0.24
8, 000 = P•1.27
P = 6, 293
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its the third option
Step-by-step explanation:
times each element by a half
-6.25 is the value of p. First distribute the 8 to the parentheses and then solve the equation
Answer:
-25
Step-by-step explanation:
g(f(3))= g(-5)
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Step-by-step explanation:
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