michaelhuguely
michaelhuguely michaelhuguely
  • 12-10-2020
  • Mathematics
contestada

If $20,000 is invested in an account that compounds interest at 3.5% CONTINUOUSLY, how much money is in the account after 10 years?

Respuesta :

CappaL
CappaL CappaL
  • 12-10-2020

Answer:

The final balance is $28,366.91.

So a gain of 8366.91

Step-by-step explanation:

Answer Link

Otras preguntas

For what values of m does the graph of y = mx2 – 5x – 2 have no x-intercepts?
How much did the United States pay for the Louisiana territory?(The exact amount)
Can someone work these out for me it’s just notes and I was absent when the teacher explained it
What is the area of the figure? The diagram is not drawn to scale. A. 1,190 in^2 B. 595 in^^2 C. 1,435 in^2 D. 1,394 in^2
The diagram below shows the structure of an animal cell. Which number label represents cytoplasm?
the denominator of a certain number was 147 greater than its numerator. What was the denominator of this fraction, if after the fraction was reduced it became 5
The supreme court issues __________ that are essentially written statements containing the legal reasoning behind the court's decisions.
HELP ME WITH MATH PLEASE!!! thank you
Polygon MNOPQ is dilated by a scale factor of 0.8 with the origin as the center of dilation, resulting in the image M’N’O’P’Q’. The coordinates of point M are (
Which career pathways do computer hardware and software vendors provide job opportunities in?