36salehdaoud 36salehdaoud

24-04-2020
Mathematics

contestada

You want a savings account to grow to $5000 in 10 years. If interest is 3.5% compounded continuously, how much should you invest?

Respuesta :

amna04352 amna04352

24-04-2020

Answer:

$3523.44

Step-by-step explanation:

5000 = X × e^(3.5/100)(10)

X = 5000 ÷ e^0.35

X = 3523.440449

Answer Link

Otras preguntas

In class, you have recently been talking about fashion and clothes, and now your teacher has asked you to write an article about fashion.write an article to you

Which response gives the correct coordination number (c.n.) and oxidation number (o.n.) of the transition metal atom in [co(nh 3) 2(h 2o) 2cl 2] ?

this is for python scripting. Write a statement that assigns total_coins with the sum of nickel_count and dime_count. Sample output for 100 nickels and 200 dime

Explain the process that occurs when a tax is applied to the production of a good and changes the supply of the good.

People whose feelings are so strong that they refuse to listen to both sides of an issue are

Shareholders sometimes pursue selfish strategies when financial distress is present. these actions generally result in?

What was the response by the American Colonists to the changes made by the British?Who were some of the influential American colonists?

After eating a meal high in calcium, blood calcium levels are returned to normal through the use of a feedback loop. is this feedback loop a positive or negativ

HELPME WITH THIS SUDOKU PLEASE

Brighter lights, large and darker print, corrective glasses, and magnifying glasses may help an individual's vision. these changes are examples of?