12-02-2017
Mathematics

Answered

Emma receives $7750 and invests it in an account that earns 4% interest copounded continuously, What is the total amount of her investment after 5 years?

Verified Answer :

Venomblast Venomblast

12-02-2017

so your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.

recall the formula for a compounded continously is
P×e^(r×t)

the answer is 7750×e^(.04×5)

Answer Link

Related Questions

Computers with more than of ram work with the aero interface in windows 7 as shown in the accompanying figure a 256 mb c 1 gb b 526 mb d 25 gb

What were 3 effects of European imperialism on Africa

Ab0ab what property is this

fbuhdvbcuhvcukhdvcugj

Which sentence contains the strongest connotation for the emotion of anger

The table below shows the functions to represent the sale ft in thousands of four companies in t years Company A B C D Sale ft 105t ft 075t ft 1212t ft 09712t W

the sum of two numbers is 186 the difference between the same numbers is 32 what are the two numbers

What is the solution to the inequality 7x18gt3 xgt3 xgt3 xlt3 xlt3

Choose the sequence that orders the fractions from least to greatest 1 112 lt 56 lt 89 lt 1318 2 56 lt 89 lt 112 lt 1318 3 112 lt 1318 lt 56 lt 89

Ellie is painting the ceiling of a circular gazebo The diameter is 135 meters How much are will the paint need to cover

Web Analytics