valdiviaricky1355
26.01.2021 •
Mathematics
Samantha invested $67,000 in an account paying an interest rate of 3.9%
compounded continuously. Assuming no deposits or withdrawals are made, how
much money, to the nearest dollar, would be in the account after 7 years?
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Ответ:
A\approx 88031
A≈88031
Step-by-step explanation:
\text{Compounded Continuously:}
Compounded Continuously:
A=Pe^{rt}
A=Pe
rt
P=67000\hspace{35px}r=0.039\hspace{35px}t=7
P=67000r=0.039t=7
Given values
A=67000e^{0.039(7)}
A=67000e
0.039(7)
Plug in
A=67000e^{0.273}
A=67000e
0.273
Multiply
A=88031.3164033
A=88031.3164033
Use calculator (with e button)
A\approx 88031
A≈88031
Round to nearest dollar
Ответ:
Blonde is to hair as hazel is to eye.
Dig is to shovel as paint is to brush.
Severe is to serious as relaxed is to calm.
Wrong is to correct as easy is to advanced.
Rough is to sandpaper as smooth is to silk.