darrickcougars7 darrickcougars7
  • 08-05-2021
  • Mathematics
contestada

puts $700.00 into an account to use for school expenses. The account earns 4% interest,
compounded continuously. How much will be in the account after 7 years?

Respuesta :

mhanifa
mhanifa mhanifa
  • 08-05-2021

Answer:

  • $926.19

Step-by-step explanation:

Use formula:

  • A = Pe^(rt)

Given

  • P = $700
  • r = 4% = 0.04
  • t = 7 years

Find the amount:

  • A = 700*e^(0.04*7) = 926.19
Answer Link
lak521
lak521 lak521
  • 08-05-2021

Answer:

$926.19 is the answer.

Step-by-step explanation:

good luck

Answer Link

Otras preguntas

Use myosin in a sentence
of the following which is most likely to result after a farmer sprays his crops with pesticides
Make a ten or a hundred to add mentally 339 123.
Write a rule for how to find the ratio with a denominator of 1
If the two lines 2x + y= 0 and y=3 are plotted on a typical xy coordinate grid, at which point will they intersect? Can someone point me in the direction of a v
16051 rounded to the nearest thousand
the number of individuals of a single species per unit area is known as
What advantage does nuclear power have over the burning of fossil fuels? (this was under my social studies study guide)
Original price $110 new price$96. What is the percent change?
how wide is the moon
good job