Mathematics, 19.11.2020 18:40, hellokitty9440

A person places $7420 in an investment account earning an annual rate of 5.9%, 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 20 years.

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 23:00, lizbethmillanvazquez

Apackage of orgainc strwberries costs $1.50 while there in season and $2.25 when not in season what the percent increase

Answers: 1

continue

Mathematics, 22.06.2019 01:00, allysongonzalezlove0

Ineed to know how to write question one in mathematical terms

Answers: 1

continue

Mathematics, 22.06.2019 02:30, luis173506

Shannon mary and john earn a weekly allowance ahannon earns the amount that is 2/3 of what john earns mary earns an amount that is 1 2/3 of what johns earns 20 dollars a week who eaens the greatest allowance and who earns the least

Answers: 3

continue

Mathematics, 22.06.2019 04:20, dpazmembreno

Avegetable farmer fills of a wooden crate with of a pound of tomatoes. how many pounds of tomatoes can fit into one crate? a. 14/15 of a pound b. 2 1/10 pounds c. 1 1/14 pounds d. 10/21 of a pound

Answers: 1

continue

Do you know the correct answer?

A person places $7420 in an investment account earning an annual rate of 5.9%, compounded continuous...