alliemason04 alliemason04

01-01-2021
Mathematics

contestada

What will be the balance in an
account that was initially $400
and has been drawing 5.5%
interest compounded
continuously for 8 years?

Respuesta :

KeurigKSelect KeurigKSelect

01-01-2021

Answer:

613.87 dollars

Step-by-step explanation:

Times 400 by 1.055 and you'll get 422 dollars. Keep doing this with the product (Result of you multiplying the previous answer by 1.055) eight times and you'll get 613.87 dollars

Ver imagen KeurigKSelect

Answer Link

Аноним Аноним

07-04-2022

Answer:

A = $400e^(0.055·8) ≈ $621.08

Step-by-step explanation:

hope this helps

Answer Link

Otras preguntas

At a subduction zone, a volcano is most likely to form ________. a on the overriding plate b above the hot spot c on the subducting ocean plate d below the

Does anyone else feel like- random panics- like for a quick 5 min? Cuz that just happend to me, I'm ok now tho. But like I got all itchy and hot but cold and ju

what other biomolecule can we use for fuel?

How many grams of aluminum are required to produce 3. 5 moles al2o3 in the presence of excess o2?.

What percent of 481 is 74?

Certain clouds form when temperatures fall below - 82°C. What is this temperature in degrees Fahrenheit?

Cell respiration is aerobic because it requires light. True False

The evidence-based management approach is based on.

Determine whether each pair of expressions is equivalent. Select antor Not Equivalen for each pair of expressions. 3/4p + 2) and 12p + 6 O Equivalent O Not Equi

Direct realism is ________. Group of answer choices the belief that the world is as we immediately experience it the belief that we only perceive a small fracti