A person places $103 in an investment account earning an annual rate of 1.9%, 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 6 years.

Answers

Answer 1

Answer:

$115.36

Step-by-step explanation:

Given data

P=$103

r=1.9%

t= 6 years

The expression for the amount is given as

[tex]V = P e ^{r t}[/tex]

substitute

[tex]V = 103*e^{0.019 *6}[/tex]

[tex]V = 103*e^{0.114}\\\\V = 103*1.120\\\\V = 115.36\\\\[/tex]

Hence the final amount is $115.36


Related Questions

4) -4(2a + 3) ????????????????????

Answers

Answer:

-4(2a + 3)

= -4a(2) -4(3)

= - 8a - 12

Hope it helps!

Step-by-step explanation:

-4(2a + 3)

= -4 × 2a + 3 × (-4) [-4 gets multiplied with both 2a and 3]

= -8a -12 (Ans)

what is the product of 3.54 and 3.7? show work / explain please!

Answers

Answer:
Picture with working out

what is the classification of the triangle by its angles and by its sides??
ANSWER ASAP!!! PLS

Answers

Answer:

right triangle

Step-by-step explanation:

whenever there is a box in the corner it means its 90° and 90° is a right angle.

please help ! 2.5 : 12.5 reduce the following into ratio of whole number.??​

Answers

The answer is ratio 1:5 by reducing the ratio, 2.5 times 5 is 12.5

Could someone please help me with this

Answers

The first number is 3 and the second is 18

Which side lengths represent the sides of a right triangle?
A)
1, 1, 2
B)
2, 3,5
C)
5, 12, 13
D)
7, 23, 25

Answers

Answer: the answer is C

Step-by-step explanation:

My friend is a math teacher

Hope this helps

Solve the following system of equations graphically on the set of axes below.
y= 2x-2
y= -x+7

Answers

Answer:

x=y + 2

2

y=2(x - 1)

Step-by-step explanation:

y=2 x -2

swap sides so that all variable terms are on the left hand side

2x - 2 =y

add 2 to both sides

2x = + 2

Divide both sides by 2.

2 x = y + 2

2. 2

Dividing by 2 undoes the multiplication by 2.

x = y + 2

2

Divide y +2 by 2.

x = y + 1

2

help me out pls (math so imp)

Answers

Step-by-step explanation:

use the formula to calculate area of triangle.

Dan drives 23 miles to work every day. He works 5 days a week. How many miles does he travel to and from work over 52 weeks?

Answers

Answer:

Step-by-step explanation:

They make it sound like it is 23 miles one way.

2(23)5(52)

11960 miles

Five friends share 6 snacks equally.
How many fruit snacks will each friend get?

Answers

Each friend gets one and one fifth. (1 1/5)

Answer:

A

Step-by-step explanation:

Find the surface area of the pyramid. The side lengths of the base are equal.
there are 3 sides and a bottom

the base is 12 and the height is 17

Answers

if the side lengths of the base (12) are equal, then they are both 6. so the answer rounded to the nearest tenth is 148.7

I need help on this question

Answers

I believe this is pythag

15^2 x 11^2 = 27225

(square root) of 27225 = 165

165ft

Can someone help me please?! I’ll make you brainlest.

Answers

6256 I think I used a online calc sry if wrong

Which value is greater 4/5 or 70%

Answers

Answer:

4/5

Step-by-step explanation:

4/5 = .8

70% = .7

Answer:

4/5

Step-by-step explanation:

if m1=2x° and m3=3x° what is m1

Answers

Answer:

36

Step-by-step explanation:

Using the angle addition postulate

angle 1+angle 2+angle 3=180

Angle 2 is 90 degrees,

Angle 1 is 2x degrees

Angle 3 is 3x degrees

Plug this into equation

[tex]2x + 90 + 3x = 180[/tex]

[tex]5x + 90 = 180[/tex]

[tex]5x = 90[/tex]

[tex]x = 18[/tex]

Plug 18 into 2x

[tex]2(18) = 36[/tex]

What is the value of (Negative one-half)–4?
-16
Negative StartFraction 1 Over 16 EndFraction
StartFraction 1 Over 16 EndFraction
16

Answers

Answer: D

The answer is D, 16

Answer:

D is correct.

Step-by-step explanation:

welcome have a good day.

Jeffrey rented a car for spring break. It costs $100 to rent the car plus $8 per mile he was charged $1,316. How many miles did he drive.

Answers

Answer:

152 miles

Step-by-step explanation:

Answer:

he drived around 300 mile

What’s the slope of line 1

Answers

Answer:

the slope in line 1 is a

Step-by-step explanation:

Answer:

4

Step-by-step explanation:

→ Utilise the gradient formula

(y₂ - y₁) ÷ (x₂ - x₁)

→ Substitute in the numbers

(2 - -6) ÷ (1--1)

→ Simplify

4

find x=, if x-5=10 HURRY!!!!

Answers

x=15 because 15-5=10


3x + 80 = 12x - 1
what’s the value of x ?

Answers

Answer:

9

Step-by-step explanation:

3x+80=12x-1

80=12x-3x-1

80=9x-1

9x=80+1

9x=81

x=81/9

x=9

Nathan Reynolds bought a car for $15,000. He made a down payment of $3,000. Nathan secured a loan for the balance of the purchase price at 8 percent interest for four years.
determine the monthly payment and total interest

Answers

Answer:

1) The monthly payment is approximately $292.96

2) The total interest is approximately $2,061.84

Step-by-step explanation:

1) The financing method Nathan Reynolds applied to buy the car is given as follows;

The purchase price of the car = $15,000

The down payment made for the car = $3,000

The

The interest on the loan he took for the balance of the purchase price, R = 8%

The number of years for which he took the loan, n = 4 years = 48 months

We have;

The balance of the purchase price = (The purchase price of the car) - (The down payment made for the car)

∴ The balance of the purchase price = $15,000 - $3,000 = $12,000

The balance of the purchase price = $12,000 = The loan Nathan secured

The monthly payment on a loan is given by the following formula

[tex]A = P \times \dfrac{r \cdot (1 + r)^n}{(1 + r)^n - 1}[/tex]

Where;

A = The payment amount made  monthly

P = The principal or loan amount = $12,000

r = The interest rate divided by 12 = R/12 = 8/12 = 2/3

n = The number of months the monthly payment will be made = 48 months

By plugging in the variable values, we get;

[tex]A = 12,000 \times \dfrac{\dfrac{2}{300} \times \left (1 + \dfrac{2}{300} \right ) ^{48}}{ \left (1 + \dfrac{2}{300} \right )^{48} - 1} = 292.955068099 \approx 292.96[/tex]

Therefore, the payment amount made  monthly, A ≈ $292.96

2) The total payment made in the 48 months = A × 48 = 292.955068099 × 48 ≈ 14,061.84

The total payment made in the 48 months ≈ $14,061.84

The total interest = (The total payment made in the 48 months) - (The loan amount)

∴ The total interest = $14,061.84 - $12,000 ≈ $2,061.84

what's the difference between five times a number and twelve

Answers

Step-by-step explanation:

Answer: Difference between five tmes a number and twelve is seven

Maria had 6 feet of ribbon. She will cut the ribbon into pieces that are 2/3 of a foot long. How many pieces of ribbon will Maria have?please solve!

Answers

Answer:

2/3 x 9 = 18 divided by 3 = 6

answer is 9

Find the area of the semicircle. 10

Answers

Exact Area = 25pi   square units

Approximate Area = 78.5  square units

The approximate value is found using pi = 3.14

====================================================

Explanation:

I think you meant to say "quarter circle" instead of "semicircle".

The area of a full circle with radius r = 10 is

A = pi*r^2

A = pi*10^2

A = pi*100

A = 100pi

But we only want one quarter of this. So we divide the full area by 4

(100pi)/4 = (100/4)pi = 25pi

The exact area in terms of pi is 25pi square units

If we used the approximation pi = 3.14, then we can say 25*pi = 25*3.14 = 78.5 is the approximate area

To get a better approximation, use more decimal digits in pi.

1 Calcula de la medio aritmética, la mediana
y la moda. Se analizó el IVA que se oplico
en diversos países europeos, a la compra de
obras de arte. Los resultados obtenidos
fueron los siguientes:
PAIS
España 0,16
Holia 0,20
Belgica 0,06
Holanda 0.06
Alemania 0,07
Portugal 0,17
Luxemburgo 0,06
Finlandia 0,22.​

Answers

Answer:

Step-by-step explanation:

orms of volunteering can be applied to the different roles that people take within ... volunteer motivations and looks to develop a typology of sports volunteers. ... diversity for their effectiveness as a policy tool and for government support. ... International Journal of Sport Policy and Politics 4, 2, 187–200 . ... text, however. For .

Will give brainliest!

Answers

A) x = -4
B) x = 4
C) y = 4
D) y = -2
E) y = -3/4x + 1

Answer:

Step-by-step explanation:

Equation for line a:

x = - 4

Equation for line b:

x = 4

Equation for line c:

y = 4

Equation for line d:

y = - 2

Equation for line e:

y = − 0.75x + 1

Cole rides his bike to the ballfield starting from home. This
describes his trip:
A. Rides quickly downhill toward the field
B. Stops to wait for a friend
C. Rides slowly uphill toward the field
Drag a segment to each box to show the shape of the graph of
Cole's distance from home for each interval of time.
Describe the lines to chose as line 1 2 etc please

Answers

Answer: first line will be the on down the the right line 3... next the one with the straight line line 1 ..... then the fourth line slowly back upward

Step-by-step explanation:

Answer:

PartA: /

PartB: __

PartC: / its this one but less steeper(the second to last answer on the right)

Step-by-step explanation:

Write the equation for this line in slope-intercept form.
y=-2x+?

A. -4
B. 2
C. -2
D. -1/2


Please explain as simply as you can I'm really struggling. Also will give brainly

Answers

Answer:

The answer is A. -4.

Step-by-step explanation:

The missing value you are looking for is the y-intercept or where the line crosses the y axis.

Your answer would be A. -4 because that’s where your line intercepts the y-axis

In the figure, kj and are opposite rays. 21 & 22 and KM
bisects NKL
Р
2
134
NM
L
What bisects ZJKN?

Answers

Answer:

P 2 134 2×384

Step-by-step explanation:

24×(345)3\

(2) Find the length of the midsegment. The diagram is not to scale.

Answers

Answer:

D

Step-by-step explanation:

D

Answer:

D i think

Step-by-step explanation:

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