A lottery winner invested $30,000 in an account earning 7% per year compounded continuously. If no withdrawals are made, how much was in the account at the end of five years

$42,572 was in the account at the end of five years

Step-by-step explanation:

The amount of money, after t years, compounded continuously, is given by the following equation:

In which P(0) is the initial investment and r is the interest rate, as a decimal.

A lottery winner invested $30,000 in an account earning 7% per year compounded continuously.

This means that .

If no withdrawals are made, how much was in the account at the end of five years

This is P(5)

$42,572 was in the account at the end of five years

(- 1, 0 )

step-by-step explanation:

an x- intercept is where the function crosses the x- axis.

to find the x- intercept/s look for the value of x when f(x) = 0

from the given table there are 3 values of x where f(x) = 0

when x = - 1, x = 2, x = 3

the one that is listed is (- 1, 0 )

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step-by-step explanation: