Mathematics, 10.02.2021 22:20, khloeallnn

A person places $4080 in an investment account earning an annual rate of 5.7%, compounded continuously. Using the formula V = Pert, where Vis the value of the
account in tyears, 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 4 years.

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:30, amir6658

Arestaurant gives out a scratch-off card to every customer. the probability that a customer will win a prize from a scratch-off card is 25%. design and conduct a simulation using random numbers to find the experimental probability that a customer will need more than 3 cards in order to win a prize. justify the model for your simulation, and conduct at least 10 trials.

Answers: 1

continue

Mathematics, 21.06.2019 17:00, shayambros

How to solve a simultaneous equation involved with fractions?

Answers: 1

continue

Mathematics, 21.06.2019 21:30, Katiecool290

Look at triangle wxy what is the length (in centimeters) of the side wy of the triangle?

Answers: 1

continue

Mathematics, 21.06.2019 21:30, Buttercream16

Jude is making cement for a driveway. the instructions show the amount of each ingredient to make 1 batch of cement. complete each statement to adjust the ingredients for each new situation if jude uses these instructions.

Answers: 3

continue

Do you know the correct answer?

A person places $4080 in an investment account earning an annual rate of 5.7%, compounded continuou...