subject
Mathematics, 19.04.2021 21:50 ramirecinthi24

Core Concept Continuously Compounded Interest
When interest is compounded continuously, the amount A in an account after
1 years is given by the formula
A = Per
where P is the principal and r is the annual interest rate expressed as a decimal.
You invest $5000 in an account to save for college.
The account pays 5% annually and compounds continuously.
What would be the account balance after 8 years.


Core Concept

Continuously Compounded Interest
When interest is compounded continuously, the amoun

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, madelyngv97
Solve the equation - 2(m -30) = -6m a-15 b-13 c-8 d8
Answers: 1
image
Mathematics, 21.06.2019 19:00, Chealyn
Find the length of the diagonal of the rectangle. round your answer to the nearest tenth. || | | 8 m | | | | 11 m
Answers: 2
image
Mathematics, 22.06.2019 00:30, tdyson3p6xvtu
Select the correct answer from each drop-down menu. let c(g) be the total cost, including shoe rental, for bowling g games at pin town lanes. c(g) = 5g+3 so, c(6) = 8? 33? 30? or 14? this means that for a $6 shoe rental? for $6 per game? for 6 games? for a total cost of $6? , the games are $8 each? total cost is $33? number of games is 14? or total cost is $30? reset next
Answers: 1
image
Mathematics, 22.06.2019 02:00, andrewblack033
Write the component forms of vectors u and v, shown in the graph, and find v − 2u. u= (< -3, -2> , < -3, -1> , < -2, -2> , < -2, -1> ) v= (< -5, 1> , -4, 0> , < 0, -4> , < 1, -5> ) v-2u= (< 5, 3> , < 0, 4> , < 4, 0> , < 5, -3>
Answers: 3
You know the right answer?
Core Concept Continuously Compounded Interest
When interest is compounded continuously, the a...

Questions in other subjects:

Konu
Social Studies, 29.01.2020 09:59