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

Pre-calc, Review the table of values for function h(x). (image attached)
what is the value of t?
Given that r= 2p2/q-3 ; rearrange the formula to make q the subject of the formula.
Serena is making a salad for her friend, Johan. Johan has been asked to avoid nightshade vegetables. Which vegetables can Serena use in the salad? A. tomatoes
a bag contains 517.6 g of dollar coins. Each coin has a mass of 8.1 g
Sample Response: Land resources such as gravel and bedrock are used to construct buildings, roads, and sidewalks. Land is also where city structures—such as bui
The two main resources that were in the highlands in central Mexico were: gold and silver obsidian and granite gold and obsidian gold and bamboo
OMG estimates tender costs by identifying all costs that are likely to be directly associated withthe project. To obtain the final tender bid, the total profess
effects of antibiotics lab
Read the excerpt from Does My Head Look Big In This? I hate the fact that I had to leave Hidaya. But it only goes up to tenth grade because it doesn’t have enou