Mathematics, 06.05.2020 21:58 finlchey3860

A person places $5540 in an investment account earning an annual rate of 2.5%,
compounded continuously. Using the formula V = Pent, where V is the value of the
account in t years, P is the principal initially invested, e is the base of a natural
logarithm, and ris the rate of interest, determine the amount of money, to the
nearest cent, in the account after 20 years.

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 20.06.2019 18:02, Mullins4

Your family has $745 for vacation. they spend 40℅ of the money on a hotel. they spend the remaining 1/3 on food. enter the amount of money your family will have left for activities

Answers: 1

continue

Mathematics, 21.06.2019 20:30, ghlin96

Elizabeth claims that the fourth root of 2 can be expressed as 2^m since (2^m)^n = 2. find the values of m and n for the case where elizabeth's claim is true.

Answers: 3

continue

Mathematics, 22.06.2019 02:00, jemseidle8889

He trapezoid is composed of a rectangle and two triangles. what is the area of the rectangle? what is the total area of the triangles? what is the area of the trapezoid? ? a) 42 cm2; 27 cm2; 69 cm 2 b) 54 cm2; 27 cm2; 81 cm 2 c) 108 cm2; 27 cm2; 135 cm 2 d) 108 cm2; 13.5 cm2; 121.5 cm 2

Answers: 2

continue

Mathematics, 22.06.2019 02:40, Thelazysandwich

Point a (7,3) is translated to a'(16,-9). which rule describes the translation?

Answers: 1

continue

You know the right answer?

A person places $5540 in an investment account earning an annual rate of 2.5%,
compounded conti...