Nicholegreen811 Nicholegreen811

01-05-2019
Mathematics

contestada

$1250 is deposited in an account that pays 6.5% percent annual interest, compounded continuously. What is the balance after 8 years?

Respuesta :

laurenburrell laurenburrell

01-05-2019

Answer:

$1441.90

Step-by-step explanation:

Formula-

A = P (1 + r/n)^(nt)

A= 1250(1 + 8/1)^(1*.065)

Answer Link

oliviakurt123 oliviakurt123

19-03-2021

Answer:

2102.53

Step-by-step explanation:

1250e (0.065)8

Answer Link

Otras preguntas

Julie received a 10% wage increase while consumer prices rose by 3%. how much did julie's real wage increase in nominal and real terms? 7%*in real terms, but 10

In a 30°-60°-90° triangle, the length of the hypotenuse is 30. Find the length of the longer leg.

Which similarities exist between the cultures of Australia and New Zealand and the cultures of the United States and Great Britain? Choose ALL answers that are

What are emerging technologies? Innovative ways of completing activities like walking and sleeping Modern techniques to train companies about computer softwar

Which events brought unity to europe and which events brought disruption?

How long was president william henry harrison's term in office?

__________ stationed military troops all over the south to enforce a radical reconstruction act.

Which is an x-intercept of the continuous function in the table? (–1, 0) (0, –6) (–6, 0) (0, –1)

What cells are the outcomes of meiosis? Are these cells diploid or haploid?

After a succession of civilizations ruled over mesopotamia, which group was the most enduring and ultimate victor?