ceng2552 ceng2552
  • 01-05-2020
  • Mathematics
contestada

how would I calculate this

how would I calculate this class=

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 02-05-2020

Answer:

  $18,413.01

Step-by-step explanation:

Use the formula for interest compounded continuously:

  A = Pe^(rt)

where P is the principal invested ($14,000), r is the annual interest rate (.0685), and t is the number of years (4).

  A = $14,000·e^(.0685·4) = $14,000·e^0.274

  A ≈ $18,413.01

Answer Link

Otras preguntas

PLEASE HELP!! Whats the lifestyle or entertainment in The Odyssey? (I need it for a newspaper project so please answer w a good explanation)
PLEASE HELP I NEED IT BY TODAY I WILL GIVE YOU 44 POINT AND BRAINLEST
Cuanto vale la y en matemáticas
PLEASE HELP I NEED IT BY TODAY I WILL GIVE YOU 44 POINT AND BRAINLEST
1.07 x 104 -3.38 × 10³
The sum of 2.236 and 7.555.. must be : A) Rational B) Irrational C) An integer D) A whole number
you spent $25 at the store. you bought a book for $8.50 and pencils for $.25 each. how many pencils did you buy?
why does bread dough is needed to be left for hours or a day before baking?​
Kara is running a marathon. After 2 hours, Kara has run 13 miles. After 4 hours, Kara has run 26 miles. What is her speed, in miles per hour?​
Hey, How are you what you doing