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
Aliun [14]
2 years ago
5

How much should you invest in an account that pays 6% annual interest compounded continuously if you want exactly $8000 after fo

ur years?
Mathematics
1 answer:
Iteru [2.4K]2 years ago
3 0

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

You might be interested in
What is the area of the largest rectangle with lower base on the x-axis and upper vertices on the curve y = 27 − x^2?
sukhopar [10]
Let's try to tease out a function for the area of our hypothetical rectangle: 
We know that the area of a rectangle is Base x Height, and the base will be the length of the x-axis portion of the rectangle. Looking at a graph of y=27 - x^2 will help with intuition on this. 

The length of the base will be 2x, since it will be the distance from the (0,0) axis in the positive direction and in the negative direction. 
So our rectangle will have an area of 2x, multiplied by the height. 
What is the height? The height will be our y value. 
Therefore, 
A = 2x * y, where x is x-value of the positive vertex. 

We already know what y is as a function of x:
y= 27 - x^2
That means our equation for the area of the rectangle is:
A = 2x (27 - x^2)           Distribute the terms....
A = 54x - 2x^3      
This is essentially a calculus optimization problem. We want to find the Maximum for A, so let's find where the derivative of A is equal to zero. 
First, we find the derivative: 
A = 54x - 2x^3
A' = 54 - 6x^2 
Set A' equal to zero to find the maximum value for A
0 = 54 - 6x^2
6x^2 = 54
x^2 = 9
x = 3
We got our x-value! Now let's find the y value at that point:
y= 27 - x^2
y = 27 - 9
y = 18

The height our rectangle will be 18, and our base will be 2*x = 2*3 = 6
Area = base x height = 18 * 6 = 108
The answer is B) 108.
5 0
4 years ago
Read 2 more answers
A pet store has 9 dog leashes. It has 8 fewer dog leashes than dog collars. How many dog collars does the store have?​
user100 [1]
Im really not sure how to answer this stuff
5 0
3 years ago
C.) y=x2 + 4x - 1<br> a=<br> b =<br> c.<br> Vertex<br> Axis of Symmetry:
Savatey [412]

Answer:

a=1

b=4

c=-1

Axis of cemetry and vertex:x=-2

Step-by-step explanation:

x=-b/2a

x=-4/2(1)

x=-2

3 0
4 years ago
Finn read 43 pages of his book in an hour
Anon25 [30]

135 /43 = 3.14

60 * 3.14 = 188.4 minutes

8 0
3 years ago
Complete the point-slope equation of the line through (-1,-10) (5,2)
bulgar [2K]

Answer:

Step-by-step explanation:

(2+10)/(5+1)= 12/6 =2

y + 10 = 2(x + 1)

y + 10 = 2x + 2

y = 2x - 8

5 0
3 years ago
Other questions:
  • The math test scores of Mrs. Hunter's class are shown below. 48, 56, 68, 72, 72, 78, 78, 80, 82, 84, 88, 88, 88, 90, 94, 98, 100
    13·2 answers
  • Given that 7^2=12^x, evaluate 12^2x
    12·1 answer
  • Is 8 - square root 3 the conjugate of 8 + square root 3
    8·2 answers
  • Find the quotient: 2 ÷ 2/5<br><br><br> Find the quotient: 13 ÷ 5/11
    13·1 answer
  • (Ignore work below) pls help solve!!
    10·1 answer
  • Compare using &lt;&gt;= -5 2/8 and -5 7/8
    10·1 answer
  • SRRY to bother yall but if this answer is right you get marked for brainlest thx for helping
    7·2 answers
  • 3. For the function
    5·1 answer
  • 4. If Mahamat has 36 coins totaling $3.00, and the coins are all nickels and quarters, how many of each coin does he have?​
    11·1 answer
  • A company claims that 80% of its customers are under 30. You suspect it is less than this. You take a random sample of 200 custo
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!