Jane invest a sum of money in a savings account with a fixed annual interest rate of 3.26% compounded countinuously. After 11 years, the balance reaches $7156.62. What was the amount of the initial investment

the amount of the initial investment is $5004.63

Step-by-step explanation:

The formula for continuously compounded interest is

A = P x e (r x t)

Where

A represents the future value of the investment after t years.

P represents the present value or initial amount invested

r represents the interest rate

t represents the time in years for which the investment was made.

From the information given,

A = $7156.62

r = 3.26% = 3.26/100 = 0.0326

t = 11 years

Therefore

7156.62 = P x e(0.0326 x 11)

7156.62 = P x e(0.3586)

7156.62 = 1.43P

P = 7156.62/ 1.43

P = $5004.63

option: d is the correct answer.

d) none of the above.

step-by-step explanation:

clearly from the figure attached to the question we could see that there is no shape given. hence without any shape given in the figure and after rotation we can't obtained a square pyramid.

since, to obtain a image we need a proper figure of the pre-image so that it can be transformed.

hence, the correct answer is:

d) none of the above.

step-by-step explanation:

first one because it can't have a fraction in it

step-by-step explanation: