Miki opened a savings account and deposited $200.00. the account earns 10% interest, compounded continuously. if she wants to use the money to buy a new bicycle in 1 year, how much will she be able to spend on the bike?
use the formula a=pert, where a is the balance (final amount), p is the principal (starting amount), e is the base of natural logarithms (≈2.71828), r is the interest rate expressed as a decimal, and t is the time in years.
round your answer to the nearest cent.
$

A=200(1.10^1) the formula is A=P(r^t ) so I think the answer would be 220 so they would have 220 dollars to spend on a new bike I believe.remember that if the money is increasing you will always put a 1 in front of the percent,if it is decreasing you would do 1-whatever percentage.

x = -3

y = -18

step-by-step explanation:

to solve by substitution, substitute one variable and solve for the other. then substitute again to find the remaining variable.

x-1/3(3x-9) = -3 since y=3x-9 substittute y.

x-1/3(3x-9)=-3

x + x +3 = -3

2x+3=-3

2x+3-3= -3-3

2x=-6

x=-3

substitute again into y=3x-9

y=3(-3)-9

y=-9-9

y=-18

the formula for the equation of a circle is (x – h)2+ (y – k)2 = r2, where (h, k) represents the coordinates of the center of the circle, and r represents the radius of the circle. if a circle is tangent to the x-axis at (3,0), this means it touches the x-axis at that point.