michaelhuguely michaelhuguely

12-10-2020
Mathematics

contestada

If $20,000 is invested in an account that compounds interest at 3.5% CONTINUOUSLY, how much money is in the account after 10 years?

Respuesta :

12-10-2020

Answer:

The final balance is $28,366.91.

So a gain of 8366.91

Step-by-step explanation:

Answer Link

Otras preguntas

Carter invested $70,000 in an account paying an interest rate of 1.125% compounded continuously. Savannah invested $70,000 in an account paying an interest rate

What is 4.5 repeating as a fraction?

A circle with a radius of 5 is transformed into the following function: (x/3)² + (5y)² = 25 What percentage of the original circle's area is the area of the new

All are true about the American Revolution EXCEPT Many soldiers died from cold and disease at Valley Forge. The colonists did not receive any foreign aid during

1. Arc QR = Arc RS = 2. Find x and y -- if your answer is not a whole number, round to the tenths!

1. Arc QR = Arc RS = 2. Find x and y -- if your answer is not a whole number, round to the tenths!

Help me with ixl please

Plot the point on this function with an x-value of 6. What is the y-value of this point?

The monthly cost of water use is a linear function of the amount of water used (HCF). The cost for using 16 HCF of water is $39.04, and the cost for using 44 HC

The cells ____ and shrivel up