andreabrann94ovttb6 andreabrann94ovttb6

15-09-2017
Mathematics

contestada

if you deposit $1000 in an account that pays 6% annual interest compounded continuously, what will the balance be after five years?

Respuesta :

Аноним Аноним

15-09-2017

The formula is

B = 1000e^(yr) where y = 5 years and r = 0.06 ( = 6%)

so answer is 1000e^(5*0.06) = $1349.86

Answer Link

Otras preguntas

______ are moral principles that guide people. a. Laws b. Fairy Tales c. Ethics d. Feelings

For questions 1 and 2, identify each sequence as arithmetic, geometric, both, or neither. 1. 7,9,11,13,... A. arithmetic B. geometric C. both D. neither 2.

how many minutes are in the time interval from 1:22 p.m. to 5:44 p.m.

A group of 6p people are renting a vacation house together the price of the rental is 3p to the 2nd power if they split the cost evenly what is each members sha

The most abundant element in the Sun is .

A stated comparison using like or as is called

According to the writers of the Declaration of Independence and the Framers of the Constitution, who has unalienable rights? all people taxpayers voters U.S. ci

Joe's dog has a mass of 28,000 grams. What is the mass of Joe's dog in kilograms?

Three girls are selling cases of popcorn to earn money for a band trip. In week 1, Emily sold 2 3/4 cases, Brenda sold 4 1/4 cases, and Shannon sold 3 1/2 cases

which of these is a plan that offered the constitution convention a proposal for representation? A. the new jersey plan B. the Washington plan C. the new Hamps