JacindaBoyle JacindaBoyle

08-02-2017
Mathematics

contestada

How much money invested at 5% compounded continuously for 3 years will result in $820
Can someone explain how to do this?

Respuesta :

08-02-2017

820=P(1.05)^3
P=708.35

I'm sorry I don't know how explain but that is the answer to the problem; 708.35

Answer Link

Otras preguntas

Now, if you solve for x, what is the result?

In the Cash Now lottery game there are 20 finalists who submitted entry tickets on time. From these 20 tickets, three grand prize winners will be drawn. The fir

Beyer Company is considering the purchase of an asset for $370,000. It is expected to produce the following net cash flows. The cash flows occur evenly within e

In right ΔDEF, DF = 20, m∠ F = 90˚, EF = 17. Which of the following is true? Does option 5 apply

Solve for x. Round your answer to the nearest tenth if necessary. Please look at the picture above

A completely inelastic collision occurs between two balls of wet putty that move directly toward each other along a vertical axis. Just before the collision, on

What is the slope of the line? What is the y-intercept of the line? y = 5/4x - 3

The composite figure is made up of a rectangle and two pentagons. Find the area. 5 5 34 S 5 A. 129 sq. units O B. 122.4 sq. units C. 225 sq. units D. 140 sq. un

Drawing a Conclusion about the Two Cultures Explain which culture's values more closely match your own, and why Intro

Which of the following reflects social learning theory? A. The X or Y chromosome from the father determines if a child is a boy or girl. B. Children learn trad

good job