julia5001 julia5001
  • 01-07-2017
  • Mathematics
contestada

how much would 200 invested at 5 invested compounded continuously be worth after 9 years

Respuesta :

bcalle
bcalle bcalle
  • 01-07-2017
A = pe^(rt) is the formula for compounding continuously.
A = amount in the account after period of time.
p= principle
r = rate (change to decimal)
t = time (in years)
e = constant
A = 200e^(.05*9)
A = $313.66
Answer Link

Otras preguntas

sexually transmitted diseases
Some plastics are made from corn. These plastics are biodegradable. This means that plastics made from corn will _______________________ than regular plastic
The length of a classroom is 34 feet in yard and frets
How could you safely determine if a base is stronger than an acid?
how do they decide when easter is
similarities between islam and christianity
You've been given a scholarship of $10,000. If you invent it at a 3.4% annual interest rate, how much interest will you have earned a year's time?
with what minimum speed must you toss a 160 g ball straight up to just touch the 13-m-high roof of the gymnasium if you release the ball 1.4 m above the ground?
advantages and disadvantages of social media
What is the term that refers to Adolf Hitler's plan to exterminate all of the jews