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

How many grandparents have my grandparents? who can solve it is very good on maths! it is just a lpgic problem! i know the answer :)
Can someone please help me ?
A tree was chopped down and cut up in a local forest.The tree changed in shape.What kind of change took place?A.chemical changeB.physical change C.phase changeD
If it takes Mark twice as long to earn $6.00 as it takes Carl to earn $4.00, what is the ratio of Mark’s pay per hour to Carl’s pay per hour?
which explorer sailed for france?
3x+y=4 2x+y=5 solve using linear combination
USE A NUMBER LINE TO FIND 8/9 / 8/45.
How many miles can you get on one tank of gas if your tank holds 18 gallons and you get 22 miles per gallon?
3x+y=4 2x+y=5 solve using linear combination
How many grandparents have my grandparents? who can solve it is very good on maths! it is just a lpgic problem! i know the answer :)