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

4. What is the solution to the system? Solution: (_

find the mass of a person who weighs 608 N

Which sentence below contains an incorrect verb form? A. The class was waiting to see the passing of the Olympic torch whose route run along the outside of the

Select the BEST word for each sentence. Be sure to read the sentence carefully. 1. Organs are made of a group of • working together to carry out a job. 2. Cell

Does the graph represent a function?

What are the zeros of the function? X= __________?

Katniss works for the Panem Bureau of Economic Analysis. Panem produces three goods: bread and axes, as well as wheat, which is used to make bread. The table b

you recentrly visited your friend house . write a paragraph how different your house is in comparison to your friend's house mention he or she has and what you

Phosphorus does not exist where? O In living organisms O Ocean sediment O Volcanoes O Atmosphere No link plz

What was the Peloponnese war?