Nmer050194 Nmer050194
  • 04-04-2018
  • Mathematics
contestada

Help with this math question please

Help with this math question please class=

Respuesta :

Professor1994 Professor1994
  • 04-04-2018
Amount of money invested: P=$4,100
Interest rate percentage in decimal form: r=7.25%=7.25/100→r=0.0725
Time in years: t=8
Total money in the account at time t: A=?

A=Pe^(rt)
A=$4,100e^(0.0725*8)
A=$4,100e^0.58
A=$4,100(1.786038431)
A=$7,322.757566
A=$7,322.76

Answer: The balance in the account after 8 years is $7,322.76
Answer Link

Otras preguntas

Use the rational exponent property to write an equivalent expression for Vas - 2 + 1.
Which of the following algebraic expressions could represent thirty less than one-half the value of x?
what would an illegitimate government look like
1-9.Simplify each expression.a. 42 + (-17)b. 8-(-9)c. 8(-9)d. -42=(-7)e.-2(-3)(-4)f. -18-7g. (-5)2h. -52i. 49​
Which of the following is a way that new DNA can be introduced to bacteria? A. It can be absorbed. B. It can be injected by a virus. C. It can be injected with
Spanish help, I need to use pronouns and I really don't get it
What functions do carbohydrates serve in the body?
6 cousins inherited a total of 58 of their great aunt's assets which they divided evenly what fraction of their great aunt's assets to each cousin inherit
Which of the following is NOT a result of affluence that is harmful to the environment?
You have just made your first $4,000 contribution to your individual retirement account. Assume you earn an annual return 11.05 percent and make no additional c