subject
Mathematics, 03.03.2021 02:20 GaudySky

A person places $8620 in an investment account earning an annual rate of 6.1%, compounded continuously. Using the formula V = Pert, 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 14 years.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 21:30
Questions 9-10. use the table of educational expenditures to answer the questions. k-12 education expenditures population indiana $9.97 billion 6.6 million illinois $28.54 billion 12.9 million kentucky $6.58 billion 4.4 million michigan $16.85 billion 9.9 million ohio $20.23 billion 11.6million 9. if the amount of k-12 education expenses in indiana were proportional to those in ohio, what would have been the expected value of k-12 expenditures in indiana? (give the answer in billions rounded to the nearest hundredth) 10. use the value of k-12 education expenditures in michigan as a proportion of the population in michigan to estimate what the value of k-12 education expenses would be in illinois. a) find the expected value of k-12 expenditures in illinois if illinois were proportional to michigan. (give the answer in billions rounded to the nearest hundredth) b) how does this compare to the actual value for k-12 expenditures in illinois? (lower, higher, same? )
Answers: 1
question
Mathematics, 22.06.2019 00:30
Fixed rate mortgage offer: purchase price: $170,000 down payment ($34k): 20% term: 30 years interest rate: 4.25% property tax (yearly): $1,500 homeowner’s insurance (yearly): $1,000 use this example from a fixed-rate mortgage calculator to you answer the questions. keep the page open after you complete this question. according to the calculator, the monthly payment demarco and tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.
Answers: 1
question
Mathematics, 22.06.2019 02:30
Solve the system of equations. y=3x-1 and y=-2x+9. show work
Answers: 1
question
Mathematics, 22.06.2019 03:10
Which of the following statements are true? (select all that apply.) a quasi-static process is one in which the system is never far from being in equilibrium. when a system can go from state 1 to state 2 by several different processes, the amount of heat absorbed by the system will be the same for all processes. the internal energy of a given amount of an ideal gas depends only on its absolute temperature. when a system can go from state 1 to state 2 by several different processes, the work done on the system will be the same for all processes. when a system can go from state 1 to state 2 by several different processes, the change in the internal energy of the system will be the same for all processes. for any substance that expands when heated, its cp is greater than its cv.
Answers: 2
You know the right answer?
A person places $8620 in an investment account earning an annual rate of 6.1%, compounded continuou...
Questions
question
Physics, 15.04.2021 06:40
Questions on the website: 13722363