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

a quilt pattern makes a quilt that is 48 inches by 60 inches.if you want to make the quilt 1/3 smaller how wpuld you find the new dimensions? what would the new
What does ¿El Día San Valentín es el trece de enero? Mean
Multiply and simplify 12 times 3/4.
How many sixties are in two hundred forty-four?
Single sugar molecules are also called?
1) IT TAKES 10 PEOPLE TO PULL A 50 TON BUS.HOW MANY PEOPLE WOULDIT TAKE TO PULL A 100 TON BUS ? 2) WHICH IS BIGGER ,HALFOF 40 OR ONE FOURTH OF 20 ? 3)IF A BALL
Which port city on the Sea of Japan is located near Russia's border with China? Where is the Russian port city of Murmansk located?
please help me Solve: 2x-3=6
any change or random error in a DNA sequence
how do scientists use weather variables to describe and predict weather?