al10000adlg
al10000adlg al10000adlg
  • 02-07-2021
  • Mathematics
contestada

Need help on this!!! 7 points!!!

Need help on this 7 points class=

Respuesta :

kushm6652 kushm6652
  • 02-07-2021

Answer:

P= $226,863.29

Step-by-step explanation:

Compounded Continously means

P= P₀e^(rt)

plug in givens

P=(47000)e^(0.0926*17)

Use Calculator

and get P= $226,863.29

Answer Link
allaliar
allaliar allaliar
  • 02-07-2021

Answer:

$226,863.29

Step-by-step explanation:

P = $47,000

r = 0.0926

t = 17

A = [tex]47,000(2.718)^{(0.0926)(17)}[/tex]

A = $226,863.29

Answer Link

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