subject
Mathematics, 15.05.2021 07:40 perlacruz0505

A person places $123 in an investment account earning an annual rate of 2.8%, compounded continuously. Using the formula V = P e r t V=Pe rt , where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 2 years.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 23:30
Annabelle's homework is 75% it took her three hours how long should she estimate it will take her to complete her homework.
Answers: 1
question
Mathematics, 21.06.2019 23:30
Drag each equation to the correct location on the table. for each equation, determine the number of solutions and place on the appropriate field in the table.
Answers: 3
question
Mathematics, 22.06.2019 00:30
92ft long and 48 wide resurface 2.75$
Answers: 1
question
Mathematics, 22.06.2019 05:00
April carriers 5 suitcases to car. each suitcases weighs 6 1/2 pounds. how many pounds does april carry in all
Answers: 1
You know the right answer?
A person places $123 in an investment account earning an annual rate of 2.8%, compounded continuousl...
Questions
question
Mathematics, 11.05.2021 04:50
question
Mathematics, 11.05.2021 04:50
question
English, 11.05.2021 04:50
question
Mathematics, 11.05.2021 04:50
question
Mathematics, 11.05.2021 04:50
question
Mathematics, 11.05.2021 04:50
question
Mathematics, 11.05.2021 04:50