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

Please help ASAP! Who received the Silver Star for his efforts in helping to convince Japanese soldiers and civilians to surrender after battles? A) Maj Gen
Department s had 500 units 60% completed in process at the beginning of the period; 9,000 units completed during the period; and 600 units 30% completed at the
The number of bagels sold daily for two bakeries is shown in the table. Bakery A Bakery B 15 15 52 16 51 34 33 35 57 12 12 9 45 36 46 17 Based on these data, is
_______ feathers shape the bird and give rigidity to the wings. A. Contour B. Crop C. Down D. Powder
Which of the following provisions from the Treaty of Versailles contributed to the outbreak of World War II? a. Estonia, Finland, and Latvia were established as
two adjacent sides of a rhombus are represented by 5x + 7 and 6x -1. find the value of x
What does hrothgar warn beowulf about in his speech?
what does x2 + 2x = 2x + x2 demonstrate
Find the sum of the series. 1 + z/5 + z^2/25 + z^3.125
An organized government would most likely support the existence of food surpluses by