Mathematics, 05.04.2021 22:10 karlaperez7309

Suppose that $ 1600 is borrowed for seven years at an interest rate of 6% per year, compounded continuously. Find the amount owed, assuming no payments are made until the end.
Do not round any intermediate computations, and round your answer to the nearest cent?

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 21:00, Anybody6153

Ariana starts with 100 milligrams of a radioactive substance. the amount of the substance decreases by 20% each week for a number of weeks, w. the expression 100(1−0.2)w finds the amount of radioactive substance remaining after w weeks. which statement about this expression is true? a) it is the difference between the initial amount and the percent decrease. b) it is the difference between the initial amount and the decay factor after w weeks. c) it is the initial amount raised to the decay factor after w weeks. d) it is the product of the initial amount and the decay factor after w weeks.

Answers: 1

continue

Mathematics, 21.06.2019 21:10, zahradawkins2007

Identify the initial amount a and the growth factor b in the exponential function. a(x)=680*4.3^x

Answers: 2

continue

Mathematics, 21.06.2019 21:50, roxanneee2145

5. which description does not guarantee that a quadrilateral is a squar ajo is a parallelogram with perpendicular diagonals 0% has all sides congruent and all angles congruent o has all right angles and has all sides congruent 10% is both a rectangle and a rhombus 30%

Answers: 2

continue

Mathematics, 21.06.2019 22:00, 24lbriscoe

Astudent has created the give circuit diagram. it consists of a battery, a resistor, and a light bulb. in one minute, 1.2c of charge flows through the resistor. how much charge flows through the light bulb in one minute?

Answers: 1

continue

You know the right answer?

Suppose that $ 1600 is borrowed for seven years at an interest rate of 6% per year, compounded conti...