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

What is the shorthand electron configuration for Uranium?
In Figure 1, ABCD is a rectangle with AB = 12 cm and BC= 7 cm. AK= BL= CM= DN = x cm. If the area of KLMN is 54 cm², find x.
PLEASE HELP FRENCH (no spam answers please) To help you in your French class this year, you decided to get a French penpal to help you learn our new words! In F
Why does Johnny tell Ponyboy he could never use a gun?
how do I do this correctly?
Donald fills his gas tank before leaving in a trip. His car uses gasoline at a constant rate and the amount of gasoline , g , remaining after m miles cab be mod
2x-ay+5=0 if the slope of the equation is 3/2, then what is the value of a COULD YOU EXPLAIN IT TO ME STEP BU STEP, THE ANSWER KEY IN MY TEXTBOOK DIDNT HELP
If the profit is 25 and cp is 105 what will be the profit present
c^2 - 6c + 8 divided by c^2 + c - 6
A board with 2.3m in length must be cut so that one piece is 30cm more than the other piece . Find the length of each piece