![alyssamaize](/avatars/3380.jpg)
alyssamaize
26.03.2020 •
Mathematics
Franco invests 4500 in a account that earns a 3.8% nominal yearly interest rate compounded continuously.If he withdraws the profit from the investment after 5 years, how much has he earned on his investment
Solved
Show answers
More tips
- W Work and Career 10 Best Ways To Find A Job: Tips To Land Your Dream Job...
- L Leisure and Entertainment How to Choose a Program for Cutting Music?...
- A Auto and Moto How to choose the right drive for your BMW...
- L Leisure and Entertainment How to Choose the Perfect Gift for Men on February 23rd?...
- H Health and Medicine How to Treat Whooping Cough in Children?...
- H Health and Medicine Simple Ways to Lower Cholesterol in the Blood: Tips and Tricks...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
Answers on questions: Mathematics
- M Mathematics An angle that measures 48° is called...
- M Mathematics 15y + 6 factor out the gcf from the binomial...
- M Mathematics Subtract a - 4$ from 4a + 16 and simplify your answer. the variable (a) should appear only once in your answer....
- M Mathematics Is the sequence 15,19,23,27 arithmetic ? if so , what is the common difference?...
- M Mathematics Neil needs to determine if a relation is a function. which model would best depict this concept?...
- M Mathematics Could someone me with these problems and if you could explain them also that would be great!...
- M Mathematics What is 1/10 of 0.9 in decimal form...
- M Mathematics Could someone i m not sure how i m supposed to solve this! (math)...
- M Mathematics 1penny has a mass of 4 grams and is 1.55 millimeters thick. how much mass will a stack of 20 pennies tall have?...
- M Mathematics What two numbers can go into 3 and add up to 4...
Ответ:
Profit = $941.6
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
P = $4500
r = 3.8% = 3.8/100 = 0.038
t = 5 years
Therefore,
A = 4500 x 2.7183^(0.038 x 5)
A = 4500 x 2.7183^(0.19)
A = $5441.6
the profit from the investment after 5 years is
5441.6 - 4500 = $941.6
Ответ:
A. f(x) = (4x+5)(x-3)
B. Since +4 > 0, the graph opens up
as always, the vertex is at x = -b/2a = 7/8
C. plot the vertex at (7/8, -18 1/16)
pick a point or two, say at x=0,1,2 and plot them. then draw a curve through them.
Step-by-step explanation: