Mathematics
Mathematics, 15.04.2020 04:17, duncanswart1558

A person places $262 in an investment account earning an annual rate of 3.7%, compounded continuously. Using the formula V = Pe^{rt}V=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 5 years.

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:30, anonymous1813
Using the side-splitter theorem, daniel wrote a proportion for the segment formed by luke segment de. what is ec?
Answers: 3
image
Mathematics, 21.06.2019 18:30, bvaughn4152
The height of a flare fired from the deck of a ship in distress can be modeled by h(t)= -2(8t^2-52t-28), where h is the height of the flare above water and t is the time in seconds. a. find the time it takes the flare to hit the water.
Answers: 1
image
Mathematics, 21.06.2019 19:10, KariSupreme
At a kentucky friend chicken, a survey showed 2/3 of all people preferred skinless chicken over the regular chicken. if 2,400 people responded to the survey, how many people preferred regular chicken?
Answers: 1
image
Mathematics, 21.06.2019 22:30, hannahkharel2
What is the least common multiple for 6 and 8? what is the least common multiple for 4 and 12 ? what is the least common multiple for 11 and 12? what is the least common multiple for 3 and 6?
Answers: 1
Do you know the correct answer?
A person places $262 in an investment account earning an annual rate of 3.7%, compounded continuousl...

Questions in other subjects:

Konu
Mathematics, 02.06.2021 01:00