amberheyward13 amberheyward13

03-07-2020
Mathematics

contestada

Jamie is investing $47,000 in an account paying 9.26% interest compounded continuously. What will Jamie's account balance be in 17 years?

Respuesta :

sqdancefan sqdancefan

02-04-2021

9514 1404 393

Answer:

$226,863.29

Step-by-step explanation:

The amount is given by ...

A = Pe^(rt)

where principal P is invested at annual rate r for t years.

A = $47,000×e^(0.0926×17) ≈ $226,863.29

Answer Link

elephantlover1288 elephantlover1288

05-04-2021

Answer:

the answer is $226,863.29

Answer Link

Otras preguntas

Secured it means a lender gives you money in exchange for what?

The ___ project was the top secret project tasked with developing atomic weapons in the United States? A. Philadelphia B. Manhattan C. Nuclear D. Hiroshima

epistrophe literary definition

Paula begins to notice there are patterns to where people sit on the bus, and that these patterns differ depending on whether the rider is male or female. based

What contributed to social stratification that developed in the united states in the late 19th century?

Can I get some help with these questions thank you

An element's atomic number is 64. How many protons would an atom of this element have?

What is the value of x?

Suppose the heights of 18-year-old men are approximately normally distributed, with mean 67 inches and standard deviation 5 inches. (a) what is the probability

What is the solution of the system of equations? y = –2x + 8 y = x – 4