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

The process of using sample statistics to draw conclusions about population parameters is called
Use synthetic division to find P(–2) for P(x) = x4 + 9x3 - 9x + 2 . A. –2 B. –36 C. 0 D. 68
Dividends are paid on all shares issued by the company including treasury stock. a. True b. False
If you're aerobically fit, you can
How many roots do the following equations have? -12x2 - 25x + 5 + x3 = 0 A. 4 B. 5 C. 3 D. 2
Simplify 3 to the second exponent ⋅ 3 to 5th the exponent .
The mission of ___________ health is the fulfillment of society's interest in ensuring the conditions in which people can be healthy.
which of the following statements about Vietnam is true?
Which of the following landforms are peninsulas? Baffin Baja Yucatan Bering Florida Mexico
Based on the cartoon why might Americans have resented british imperialism