rubendeanda02p1y63u rubendeanda02p1y63u

02-09-2019
Mathematics

contestada

If you deposit $1,000 ir an account that pays 6% annual interest compounded continuously, what will the balance be after five years?

Respuesta :

magicalduck23 magicalduck23

02-09-2019

Answer:

If you know 6% of 1000 is 60 so each year 60 will add so 60x5 is 300 so you will earn 300 in 5 years.

Step-by-step explanation:

Answer Link

Otras preguntas

the area of a rectangle garden is 60ft^2. the length is an irrational number. explain why or why not the width must be a fraction, whole number, irrational numb

What item do we use everyday made by the han chinese?

Colonial women were most likely involved with

What happens when a penny is dropped from a height of 20 meters? a.it falls at a constant velocity b.its mass doubles for every second it falls c.the force o

how many shorts can be made from 6 yards of fabric?

Write the first three terms in the binomial expansion, expressing the result in simplifies form. (x+4)^20 I know that the answer is x^20+80x^19+3040x^18, but

if f(x)=1/2 x-6 what is the equation for f–1(x)? A. f–1(x) = 2x + 6 B. f–1(x) = 2x – 6 C. f–1(x) = 2(x + 6) D. f–1(x) = 2(x – 6)

Which of these describes an executive agency that oversees an industry and makes sure it obeys the law?

why did the minoans and mycenaeans depend on trade (1 point)

Taylor buys 6 bus tickets. he pays for tickets with 20 dollar bill let c represent each cost of each ticket.