Mathematics, 05.05.2021 18:40, angellll4455
Suppose that $11,586 is invested at an interest rate of 5.1% per year, compounded continuously
a) Find the exponential function that describes the amount in the account after time t, in years.
b) What is the balance after 1 year? 2 years? 5 years? 10 years?
c) What is the doubling time?
b) The balance after 1 year is $ 12192.21
(Simplify your answers. Round to two decimal places as needed.)
The balance after 2 years is $ 12830.14
(Simplify your answers. Round to two decimal places as needed.)
The balance after 5 years is $ 14951.28
(Simplify your answers. Round to two decimal places as needed.)
The balance after 10 years is $19294.06
(Simplify your answers. Round to two decimal places as needed)
c) The doubling time is years,
(Simplify your answers Rind to one decimal place as needed.)
va
of the answer boxes
Answers: 2
Mathematics, 21.06.2019 20:30, gsmgojgoss9651
Cody was 165cm tall on the first day of school this year, which was 10% taller than he was on the first day of school last year.
Answers: 1
Mathematics, 21.06.2019 22:00, alyssa32900
Sara has been reading about different types of financial grants, including federal pell grants, academic competitiveness grants, smart grants, and teach grants. which statement about these grants is true? filling out a fafsa will not her apply for these grants. she will not have to pay back any funds she receives from these grants. these grants only go to students with less than a 3.0 gpa. she will have to pay back all the funds she receives from these grants.
Answers: 2
Suppose that $11,586 is invested at an interest rate of 5.1% per year, compounded continuously
a)...
Arts, 10.12.2019 01:31
Mathematics, 10.12.2019 01:31
Mathematics, 10.12.2019 01:31
Mathematics, 10.12.2019 01:31