julia5001 julia5001
  • 01-07-2017
  • Mathematics
contestada

how much would 200 invested at 5 invested compounded continuously be worth after 9 years

Respuesta :

bcalle
bcalle bcalle
  • 01-07-2017
A = pe^(rt) is the formula for compounding continuously.
A = amount in the account after period of time.
p= principle
r = rate (change to decimal)
t = time (in years)
e = constant
A = 200e^(.05*9)
A = $313.66
Answer Link

Otras preguntas

A student constructed a series circuit consisting of a 12.0-volt battery, a 10.0-ohm lamp, and a resistor. The circuit does not contain a voltmeter or an ammete
what is 1/5 of 25? how do we find that answer
What was the Bay of Pigs? A. an American military base in Puerto Rico that was destroyed by Cuban missiles in 1962 B. an American military base in Cuba that was
An antibaryon composed of two antiup quarks and one antidown quark would have a charge of (1) +1e (3) 0e (2) −1e (4) −3e
Who invented the iPhone
Main sequence stars, such as the sun, produce energy primarily by fusing A. hydrogen into helium. B. helium into lithium. C. lithium into beryllium. D. berylliu
The distance 'y' traveled in miles by the Chang family in 'x' hours is represented by the equation y=55x . Identify the constant of proportionality. Then explai
Which element has atoms with the greatest attraction for electrons in a chemical bond? (1) beryllium (3) lithium (2) fluorine (4) oxygen
What is 6 to the tenth power
An accident resulted in a man’s hand being cut off from his arm. Paramedics arriving first on the scene placed the cut-off hand in ice. The man and his hand wer