Determine the amount of money you would have if you invested $15,000 dollars for 11 years at 3% annual interest compounded continuously.

instead of giving the answer type in the formula for the equation

The amount after 3 years of investment is $20763  .

Step-by-step explanation:

Given as :

The principal invested = p =$15,000

The rate of interest = r = 3% compounded annually

The time period = t = 11 years

Let The Amount after 3 years = $ A

From Compounded method

Amount = Principal ×

Or, A = p ×

Or, A = $15,000 ×

Or, A = $15,000 ×

Or, A = $15,000 × 1.3842

Or, A = $20763

So, Amount = A = $20763

Hence The amount after 3 years of investment is $20763  . Answer

d

step-by-step explanation:

hello and welcome!

so, when we see the words "proportional" along with a table, we need to know that we're looking numbers that divide by the same thing.

looking at this table, we simply have to do a trial and error, and divide to see which numbers have the same quotient. if you look at choice a & c, they both have equal quotients for three of the numbers, with one exception, so those can't be the answer. looking at b, there is no similarity, so that can't be it. then, we see d; if you divide all the numbers in the table, you'll see that they all divide by two, which is a proportional relationship, and our answer!

also, always remember that the x will always be the number that goes into y, and somewhere behind this table, is a formula. for this specific table, the formula would be:

since our x-value is being divided by two to get the y-value. and if they were to ask for more numbers in the series, this is the formula you would use to find them.