If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5%

Answers

Answer 1

Complete Question

If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years

Answer:

$ 12,934.61

Step-by-step explanation:

The formula for Compound Interest Compounded continuously is given as:

A = Pe^rt

A = Amount after t years

r = Interest rate = 2.5%

t = Time after t years = 3

P = Principal = Initial amount invested = $12,000

First, convert R percent to r a decimal

r = R/100

r = 2.5%/100

r = 0.025 per year,

Then, solve our equation for A

A = Pe^rt

A = 12,000 × e^(0.025 × 3)

A = $ 12,934.61

The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.


Related Questions

Brad made a scale drawing of a rectangular room in his house. The actual length of the room is 12 4/5 ft. The scale used to make the drawing was 1/4 in = 1 ft. What is the length, in inches, of the room in the drawing?

(show work pls)

Answers

Answer:

3.2

Step-by-step explanation:

12 4/5 times 1/4= 3 1/5 or 3.2

can yall help me with this one pls

Answers

Answer:

C, D and E

Step-by-step explanation:

you have to chose an answer greater than 1

so when you subtract it from 8 it becomes less than 7

then this would would make the 7>8-y statement

Teacher chooses to students in a class of 15 girls and 10 boys the students are randomly choosing what is the probability that the teacher chooses to girls

Answers

Answer:

7/20

Step-by-step explanation:

So first we know that there are a total od 25 students

15+10=25

And the probability of choosing the first girl is 15/25 or 3/5 simpler terms.

Now to be able to choose another girl in a row just multiply the then probability

So we started off with 25, if a girl was choosen, the population would b 24

and with 24, there is a missing girl so instead of 15 it is 14

now 14/24 or 7/12 simplified

multiply the two

7/12*3/5=21/60

Simplified

7/20

mandy flips a quater 360 times .how many time should she expect to see heads

Answers

Answer:

180

Step-by-step explanation:

Please Help Quick ASAP Hurry Please Solve these please this is 9th grade pre-algebra
Evaluate each expression using the values m=7, r=8 and t=2.
1. 5m-6
2. 4m+t
3. r/t
4. mt

Answers

Answer:

1. 29

2. 30

3. 4

4. 14

Step-by-step explanation:

5*7=35 35-6=29

4*7=28 28+2=30

8/2=4

7*2=14

Round the decimal equivalent of 856 1/6 to the nearest hundredth. What number is in the hundredth place PLEASE HELP

Answers

Answer:

The answer is 856.17.

Step-by-step explanation:

If you made the fraction into a decimal, you would get 856.166666666. If you round it to the nearest hundredth, you would get 856.17.

Create an equivalent system of equations using the sum of the system and the first equation.

−5x + 4y = 8
4x + y = 2

Answers

Answer: 829393

Bn

Step-by-step explanation:

Answer:

−5x + 4y = 8

−x + 5y = 10

Step-by-step explanation:

A large bowl holds 5 2/3 cups of punch. Some more punch is added to the bowl to make a total of 10 cups of punch. Let represent the number of cups of punch that are added to the bowl. Write and solve an equation to find the number of cups of punch that are added to the bowl.

Answers

Answer:

4 1/3 cups

Step-by-step explanation:

All you have to do for this one is subtract 5 2/3 from 10, which is 4 1/3. Your equation could be 10-5 2/3=x.

8R4 Joan was assigned to graph an absolute value function, but she forgot the 4 poi function. However, she remembers the following the y-int is (0,-7), the vertex is (3,-1). Help Joan to rewrite the original equation that she was given. * 1 Add file​

Answers

Answer:

f(x)= -2|x-3|-1

(Hi Jasmine! I just wanted to help you with this question but I might be wrong)

Step-by-step explanation:

f(x) = a|x-h|+k

f(x)= a|x-3|-1

-7 = a |0-3| -1

-7 = a |-3| -1 <-- add to -7

-6 = a |-3|

-6 = 3a

-6/3 = a

-2 = a

---------------------------------- -------------------------------------------------

The equation of the absolute value is f(x)= -2|x-3|-1

A recipe for the filling in cinnamon rolls at the school cafeteria asks for
6 1/2 cups of sugar, 3 sticks of butter, and
3/4 cup of cinnamon. The baker wants to pre-mix the cinnamon and sugar. What is the total number of cups of sugar and cinnamon the baker will pre-mix?

Answers

Answer:

29/4 or 7 1/4 cups of sugar and cinnamon

Step-by-step explanation:

What is the area of the triangle in the diagram?

Answers

Answer:

A is the correct answer

Step-by-step explanation:

We need to figure out the base and the height. We can do that using pythagorean's theorem.

The others either misused the pythagorean theorem or got the 1/2*base*height formula wrong, so A is the answer.

Write the equation of the line that passes through the given points.

(0,- 4) and (2,3)

The equation of the line is( )​

Answers

Answer:

[tex] \frac{y - ( - 4)}{x - 0} = \frac{3 - ( - 4)}{2 - 0} \\ \frac{y + 4}{x} = \frac{3 + 4}{2} \\ \frac{y + 4}{x} = \frac{7}{2} \\ 2(y + 4) = 7x \\ 7x = 2y + 8 \\ 7x - 2y = 8 \\ 2y = 7x - 8 \\ \boxed{y = \frac{7}{2}x - 4}[/tex]

y=(7/2)x-4 is the right answer.

In the figure below, quadrilateral WXYZ - quadrilateral MNOP
Find each missing value:

Answers

Answer:

15 units

Step-by-step explanation:

Given the two similar quadrilaterals

As per similarity, their corresponding sides have same ratio:

x/12 = 10/8x = 10*12/8x = 15

MN = 15 units

(Find the area) PLEASE HELP DUE SOON

Answers

Answer: Area = 60 mm²

Step-by-step explanation:

The area of a triangle is 1/2 times base times height.

b = 12   h = 10

1/2 × b × h

1/2 × 12 × 10

1/2 × 120

60 mm²

Simplify this expression: -2x + 3 – (5 – 6x). Can someone pls explain how to do this dont just give the awnser

Answers

Answer:

-2x + 3 – (5 – 6x) = 4x - 2

Step-by-step explanation:

The given expression is :

-2x + 3 – (5 – 6x)

We need to simplify the above expression. First opening the brackets.

-2x + 3 – (5 – 6x) = -2x + 3 – 5 + 6x

Taking like terms together,

= -2x+6x + 3 -5

= 4x - 2

So, the simplified expression is 4x - 2.

help this is due rn :/

Answers

At 4 months the cost for each gym $250
Yeh $250 is the answer to this question man

x/3 - 1/2 = 10

show work

Answers

Answer:

x = 63/2

Step-by-step explanation:

x /3  =  21 /2

3 . x/3 = 3 . 21/2

x  =  63 /2

A colony of bacteria starts with 9 bacteria at noon. If the number
of bacteria triples every 20 minutes, how many bacteria will be
present at 2:40 pm that afternoon?

Answers

59,049
You just input 9*3 into a calculator and hit ‘equals’ 8 times, since there are 8 20-minute increments in 2 hours and 40 min.

What is the simplified expression for 7 power 4 multiplied by 7 power 6 over 7 power 8?

70
71
72
73

Answers

Answer:

The simplified expression of  [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex] is C

Step-by-step explanation:

Let us revise some rules of exponent

[tex]a^{m}[/tex] × [tex]a^{n}[/tex] = [tex]a^{m+n}[/tex][tex]\frac{a^{m}}{a^{n}}[/tex] =  [tex]a^{m-n}[/tex]

Let us solve the question

∵ The expression is [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex]

→ By using the first rule above add the exponents of 7

∴  [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex] = [tex]\frac{7^{4+6}}{7^{8}}[/tex]

∴  [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex] = [tex]\frac{7^{10}}{7^{8}}[/tex]

→ By using the second rule above, subtract the exponents of 7

∵  [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex] = [tex]7^{10-8}[/tex]

∴  [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex] = 7²

The simplified expression of  [tex]\frac{7^{4}.7^{6}}{7^{8}}[/tex] is 7²

the answer is 7 power 2

8n+7=31 what does n equal

Answers

Answer: n = 3

Step-by-step explanation:

Answer:

3

Step-by-step explanation:

take the 7 and minus it from 31 then divide 8 from 31

Write the equation of the graph shown below in factored form.

a. f(x)=(x-2)^2(x+1)(x-3)

b. f(x)=(x+2)^2(x-1)(x+3)

c. f(x)=(x+2)^2(x+1)(x+3)

d. f(x)=(x+2)^2(x-1)(x-3)

Answers

Answer:

a. f(x)=(x-2)^2(x+1)(x-3)

Step-by-step explanation:

I f x= -4, then x2 =

Answers

Answer:

-8

Step-by-step explanation:

as X2 means 2multiply X and the value of X is -4 so the and is -8

Answer:

16

Step-by-step explanation:

x= -4

x²= (-4)²= 16

hope it helps! please mark me brainliest

thank you! have a good day

if you follow me, I will follow u back

4.) Jaimee is driving to Pigeon Forge. On her map, it says this is a
distance of 9 1/4 inches away. The scale of the map is 1/2 inch = 75 miles.
How far must Jaimee travel to reach Pigeon Forge?*

Answers

Answer: 1387.5 miles

Step-by-step explanation:

hope this helps :)

if the sales 750 and the commision rate is 5% then what is the commision

Answers

Answer:37.5

Step-by-step explanation:

5*750/100 =37.5

Please solve these ASAP

Answers

Answer:

x=5   y=-2

Step-by-step explanation:

Thats the right way, you can use this method to find ur answer.

if possible give me a brainliest. Thanks. Good day!!


In Mr. Dixon's math class, 7 out of 20 students are in the math club. What percent of the students are in the math club?

Answers

7/20 = 0.35
35 percent.

Answer:

35%

Step-by-step explanation:

what us the median temperature for the data shown in the table?​

Answers

Answer:

27.3

Step-by-step explanation:

Rachel participated in a 12-kilometer walkathon to raise money for her favorite charity. If it took her 2.5 hours to complete it, what was the rate in kilometers per hour?

Answers

Step-by-step explanation:

here they gave 12 km are reached by 2.5 hours so we. should how much time they took for 1km

12/ 2.5 which is also 150min

12km which is also 12000

12000/150= 80m

it took 80m in 1min so

1hr = 60min

1hr x 80m

60x80

4800

convert it intlo km

4800/1000

4.8km

so it took 4.8 km for 1hour

The time to complete the race is 2.5 hours, then the rate will be equal to 4.8 kilometers per hour.

What are arithmetic operations?

The four basic operations of arithmetic can be used to add, subtract, multiply, or divide two or even more quantities.

They cover topics like the study of integers and the order of operations, which are relevant to all other areas of mathematics including algebra, data processing, and geometry.

As per the given information in the question,

Total distance = 12 kilometers

Total time taken to complete 12 kilometers = 2.5 hours

Then, the rate in kilometers per hour will be,

= 12/2.5

= 4.8 kilometers per hour.

To know more about arithmetic operations:

https://brainly.com/question/13585407

#SPJ5

Write a unit rate for the situation
$350 saved in 5 months
per month

Answers

Answer:

$350 / 5 months = $70 per month

Can someone help me??? It's for extra credit

Answers

Answer:

-7 , -1

Step-by-step explanation:

if the equation of line p is

4x+7y=20 then the equation of line q must be

-7 x +4y=15 because perpendicular lines have

slopes with a product of -1

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