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

How to write expanded form 314,207
find the volume of a sphere with a radius of a 5 m. remember that the volume of a sphere is 4/3πr3
when a measurement in inches is converted to centimeters, will the number of centimeters be greater or less than the number of inches? Explain.
Character sketch of Lilliputians
Which writer influenced the development of the New Journalism movement in the United States?
what is the product of (y+3)(y^2-3y+9) y3 + 27 y3 – 27 y3 – 6y2 + 27 y3 + 6y2 + 27
which is the primary consumer in this food chain?
"Triangle XYZ is shown on the coordinate plane below. If triangle XYZ is reflected across the line y = 1 to create triangle X'Y'Z', what is the ordered pair of
which term is defined as payment for war damages
I need to know how to determine the product of the fractions and simplify