subject
Mathematics, 28.03.2020 02:00 xeno777

A person places $419 in an investment account earning an annual rate of 9.2%, compounded continuously. Using the formula V=PertV=Pe rt, where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 20 years.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:40
What is the probability of rolling a single die greater than 4
Answers: 1
question
Mathematics, 21.06.2019 18:30
The length of a rectangle is x times the square root of 100. the width is one-half y more than three-halves x. given that the area of the rectangle is 125 cm2, which equation could represent the rectangle in terms of x and y? a) 5xy − 15x = 125 b) 5xy + 15x = 125 c) 15x2 − 5xy = 125 d) 15x2 + 5xy = 125
Answers: 2
question
Mathematics, 21.06.2019 19:30
At the beginning of 1974/75,2 years a man invested #2000 in a bank at 12.5% compound interest, if it degree #650 at the end of each two years to pay his son's school fees, after payment of interest to pay his son's school fees, how much did he have left at the beginning of the 1978/79 school year?
Answers: 3
question
Mathematics, 21.06.2019 22:00
What value is a discontinuity of x squared plus 8 x plus 4, all over x squared minus x minus 6?
Answers: 2
You know the right answer?
A person places $419 in an investment account earning an annual rate of 9.2%, compounded continuousl...
Questions
question
Advanced Placement (AP), 23.07.2019 15:40
Questions on the website: 13722363