A person places $82100 in an investment account earning an annual rate of 4.3%, 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 2 years.

$89,472.58

Step-by-step explanation:

P = $82100

r = 4.3% = 4.3/100 = 0.043

T = 2 years

V = P × e^rt

V = 82100 × e^(0.043 × 2)

V = 82100 × e^(0.086)

V = 82100 × 1.0898

V = 89,472.58

The interest after 2 years is $89,472.58

y=x+9

?

step-by-step explanation:

$3720

step-by-step explanation:

taxable income = $31000

as per the 2018-2019 us tax bracket, the tax rate is 12% for an individual whose taxable income is between $9,526 to $38,700.

so, the tax to be paid by him = 12% of 31000

= 0.12 * 31000     [12% converted to decimal as 0.12]

= $3720