Nicholegreen811 Nicholegreen811
  • 01-05-2019
  • Mathematics
contestada

$1250 is deposited in an account that pays 6.5% percent annual interest, compounded continuously. What is the balance after 8 years?

Respuesta :

laurenburrell laurenburrell
  • 01-05-2019

Answer:

$1441.90

Step-by-step explanation:

Formula-

A = P (1 + r/n)^(nt)

A= 1250(1 + 8/1)^(1*.065)

Answer Link
oliviakurt123 oliviakurt123
  • 19-03-2021

Answer:

2102.53

Step-by-step explanation:

1250e (0.065)8

Answer Link

Otras preguntas

What is an advantage of a federal student loan
what are some of the ethical issues of editing human DNA?
Which structure is unique to plant cells
Dimpled chin and free earlobes are two dominant characters in humans. Smooth chin and attached earlobes are recessive characters. A person has the genotype Ddff
cosxsinx-2cosx=0 I dont know how to solve this
Can you simplifie 0.456/100 and if you can’t can you tell me
.....................
Psychologist have concluded that identity is A something that is programmed into our genetic code B always changing based on circumstances in situations C a set
which of the following introduces the reader to the main characters, settings, and conflict in a story? A) Falling action B) Exposition C) Rising action D)
According to herbert blumer the first stage of a social problem is