subject
Mathematics, 02.11.2021 04:30 kyleeharr1370

Some banks now use continuous compounding of an amount invested. In this case, the equation that models the value of an initial investment of P dollars in t years at an annual interest rate of r is given by A = Pe^rt. Using this equation, find the value in 5 years of an investment of $2000 that earns 7% annual interest.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:10
Determine whether the points (–3,–6) and (2,–8) are in the solution set of the system of inequalities below. x ? –3 y < 5? 3x + 2 a. the point (–3,–6) is not in the solution set, and the point (2,–8) is in the solution set. b. neither of the points is in the solution set. c. the point (–3,–6) is in the solution set, and the point (2,–8) is not in the solution set. d. both points are in the solution set.
Answers: 3
question
Mathematics, 21.06.2019 18:00
Name each raycalculation tip: in ray "ab", a is the endpoint of the ray.
Answers: 2
question
Mathematics, 21.06.2019 23:00
Could someone me with this question i’ve been stuck on it for 20 minutes
Answers: 1
question
Mathematics, 21.06.2019 23:30
In the equation sqrt(n+5)-sqrt(11-10)=1. what is the value of n
Answers: 1
You know the right answer?
Some banks now use continuous compounding of an amount invested. In this case, the equation that mod...
Questions
question
Social Studies, 17.03.2021 23:50
question
Mathematics, 17.03.2021 23:50
question
Mathematics, 17.03.2021 23:50
question
Social Studies, 17.03.2021 23:50
question
Social Studies, 17.03.2021 23:50