Mr. Anderson put $1,000 into an account that draws 6.5% interest compounded continually. How much money will be in the account in 30 years if he makes no deposits or withdrawals? *

A $ 4,868.8
B $7,028.69
C $6,614.37
D $5,287.65

You'll need the formula:

Total = principal * e ^(rate * years)

where "e" is the transcendental number 2.718281828459

Total = $1,000.00* 2.718281828459 ^ (.065 * 30)

Total = $1,000.00* 2.718281828459 ^ 1.95

Total = $1.000.00 * 7.0286875806

Total = $7,028.69

Answer is B

Step-by-step explanation:

i think 5 miles per hour

step-by-step explanation:

geometry: triangles

solvers

lessons

answers archive

call the larger triangle abc

then the smaller triangle cde is similar to abc (all angles are equal, aaa).  

ab is the side that is 36, and we wish to find de, the side corresponding to ab

area_cde = area_abc - area_cde --> area_abc / area_cde = 2

let x=length of de

ratio of areas = (ratio of sides)^2

+2+=+%2836%2fx%29%5e2+

+2+=+1296%2fx%5e2+

++x%5e2+=+1296%2f2+=+648+

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