Jane invest a sum of money in a savings account with a fixed annual interest rate of 3.26% compounded countinuously. After 11 years, the balance reaches $7156.62. What was the amount of the initial investment

the amount of the initial investment is $5004.63

Step-by-step explanation:

The formula for continuously compounded interest is

A = P x e (r x t)

Where

A represents the future value of the investment after t years.

P represents the present value or initial amount invested

r represents the interest rate

t represents the time in years for which the investment was made.

From the information given,

A = $7156.62

r = 3.26% = 3.26/100 = 0.0326

t = 11 years

Therefore

7156.62 = P x e(0.0326 x 11)

7156.62 = P x e(0.3586)

7156.62 = 1.43P

P = 7156.62/ 1.43

P = $5004.63

the correct answer is semicircle

step-by-step explanation:

the answer is semicircle because the shorter arc joining two points on the circumference of a circle is known as the minor arc, the larger arc is called the major arc, and a semicircle is a half circle, formed by cutting a whole circle along a diameter line.

hope i .

first, we define the variables:

x: number of years after 1950

f (x): amount of vinyl sold.

then, with the variables defined, we have:

68594 vinyl records were sold in 1958 > f (8) = 68594

91299 vinyl records were sold in 1961 > f (11) = 91299

38720 vinyl records were sold in 1952 > f (2) = 38720

161743 vinyl records were sold in 1967 > f (17) = 161743

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step-by-step explanation: