shashomminiquehorton shashomminiquehorton

24-07-2020
Mathematics

contestada

Susan placed $9900 in a savings account which compounds interest continuously at a rate of 1.9 %. How much will she have in the account after 6 years?

Respuesta :

altavistard altavistard

24-07-2020

Answer:

$11095.45

Step-by-step explanation:

This is a problem in continuous compounding, for which the formula is

P = Ae^rt, r being the annual interest rate as a decimal fraction and t being the time in years. Here we have:

P = $9900e^(0.019)(6) = $11095.45

Answer Link

ewelugoassumpta ewelugoassumpta

24-07-2021

Answer:

11095

Step-by-step explanation:

Rounding to the nearest dollar

Answer Link

Otras preguntas

A range suits a large volume of food production and can be combined with other ranges using a battery. O Deck O Rack Restaurant Heavy-duty Will give 15 points a

Find the force of an object is the mass is 2 kg and the acceleration is 5 m/s2.

Why did the French and Indian war change the relationship between the British and the colonists?

The Fifteenth Amendment Select the best answer from the choices provided. A. gave black and white women the right to vote B. emancipated enslaved workers in ter

my topic is about hindrances on achieving equality for LGBT and promoting gender equilibrium. question:what is covered in the essay?

I inherited $4500 from a family friend. My Financial Advisor told me i could put it in a fund that would earn 7% interest compounded annually. Write an Exponent

2+200000000000000000000000000000000

Why did girls like Mary S. Paul work in mills? (APUSH E2020)21 Dec. 1845 Dear Father,I received your letter on Thursday the 14th with much pleasure. I am well w

Let z = 5 – 9i and w = 6 + i. Which expression shows the first step in finding the quotient of StartFraction z Over w EndFraction ? StartFraction 5 minus 9 I Ov

Why does the map from 1507 look much different than the current map of the world?