subject
Mathematics, 05.02.2021 19:50 datgamer13

A person places $66800 in an investment account earning an annual rate of 1%, compounded continuously. Using the formula V = Pert, where Vis the value of the
account in t years, P is the principal initially invested, e is the base of a natural
logarithm, and r is the rate of interest, determine the amount of money, to the
nearest cent, in the account after 15 years.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:00, jngonzo1226
The table shows the webster family’s monthly expenses for the first three months of the year. they are $2,687.44, $2,613.09, and $2,808.64. what is the average monthly expenditure for all expenses?
Answers: 1
image
Mathematics, 21.06.2019 18:00, puppylover72
Solve this and show you’re work step by step ! -5 3/4+3h< 9 1/4 -
Answers: 1
image
Mathematics, 21.06.2019 18:50, garrettcameron12
Given: pqrs is a parallelogram prove: pr and qs bisect each other at t
Answers: 1
image
Mathematics, 21.06.2019 19:00, 0055babs
The width of a rectangle is 20 units. can the perimeter p of the rectangle be 64 units when its length x is 11 units? no, because p = 2x + 2(20) no, because p ≠ 2x + 2(20) yes, because p ≠ 2x + 2(20) yes, because p = 2x + 2(20)
Answers: 1
You know the right answer?
A person places $66800 in an investment account earning an annual rate of 1%, compounded continuous...

Questions in other subjects: