Randy deposits $9,500 in an ira. what will be the value of his investment in 3 years if the investment is earning 1.75% per year and is compounded continuously? round to the nearest cent.

The  value of his investment in 3 years = $10007.53

Step-by-step explanation:

Compound interest

A = P[1 +R/n]^nt

Where A - amount

P - principle amount

R = rate of interest

t -  number of years

n - number of times compounded yearly

To find value if investment

Here P = $9500,  R = 1.75% = 0.0175 n = 1 and t = 3

A = P[1 +R/n]^nt

 = 9500[1 + 0.0175/1]^(1 * 3)

 = 10007.53

b

step-by-step explanation:

calculate the scale factor as the ratio of corresponding sides, image to original, that is

scale factor = = = = 1

529 and 531

step-by-step explanation: