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

Can someone help me, I already did but I’m not sure if I do it right. Thanks
What was the relationship between the Ottoman Empire's power and the rise of European exploration? OA. The Ottomarn Empire had enough wealth to sponsor scientif
Hi can someone help me with these 3 questions. Thanks :)
If x/y + y/x =2, Then 4x-4y-4 = ? ( Please show with full process and don't spam )​
In January, the average temperature t hours after midnight in Mumbai, India, is given by: T(t)=24.5-5.5sin((2pi(t+1))/24) What is the coldest time of day in Mum
- 18 = -3x + 6 Plz help
Lee is in customer service. How can she best support her internal customer, Dan? O al Prioritize other tasks and customers O b) Ask him a lot of personal questi
Sau Hiệp định Genève (Giơ-ne-vơ) - 1954, đất nước tạm thời bị chia cắt làm 2 miền. Hãy cho biết tên cây cầu làm giới tuyến tạm thời chia cắt 2 miền Nam - Bắc.
can anyone please tell me the answer?​
PLEASE HELP AND BE CORRECT