julibobnar19 julibobnar19

01-05-2018
Mathematics

contestada

peter put $8,000 into a savings account that pays 6% interest, compounded continuously. what will he have after 5 years?

Respuesta :

TheGreatWulfbite TheGreatWulfbite

01-05-2018

So, continuous compound formula is:
[tex] Pe^{rt} [/tex]
P is Principal Amount
r is Rate
t is Time
P is 8000
r is 6%
t is 5
Therefore, you get $10,798.86.

Answer Link

Otras preguntas

A cylinder fits inside a square prism as shown. For every cross section, the ratio of the area of the circle to the area of the square is or nr^2 or n/4. Since

Alex's sporting goods is the only official supplier of soccer balls for games and practices at all levels of play in the northwest region. it expects to sell 15

A 2-kg book falls off a shelf. It hits a student traveling 2 m/s. How much kinetic energy does the book have? 8 J 2 J 1 J 4 J

? Which Italian term describes a musical bass that repeats over and over?

Which one of the “five civilized tribes” fought the indian removal act in the american court system, which resulted in the supreme court case worcester v. georg

Ian has 14 boxes of paper and divides them evenly between 4 coworkers. How many whole boxes did each coworker get?

You are ordering a pizza and soda for the big game. A deep dish pizza costs $10.25, and a two-liter of soda is $2.00. For each touchdown that the Eagles score o

Choose what matches the word The soldiers *gesticulate* as Farquhar reaches the surface of the water. Kneel Shout and swear Shoot Gesture The appearance of the

What word can i spell with these letters cvsola?

What role can parent play in making their children to underperform?