How much money has to be invested at 5.1% interest compounded continuously to have 17,000 after 14 years ?

The money which is to be invested is 34715.7

Step-by-step explanation:

Given as :

The rate of interest compounded continuously = r = 5.1%

The amount = A = 17,000

The time period = t = 14 years

Let The principal money invested  = P

From compounded continuously method

Amount = Principal ×

Or, A =  P ×

So , 17,000 =  P ×

Or,  17,000 =  P ×

Or, 17,000 =  P ×

Or, 17,000 =  P × 2.0421

∴              P =

I.e             P = 34715.7   unit

Hence The money which is to be invested is 34715.7   Answer

$8324.59

Step-by-step explanation:

Give a <3 ?

step-by-step explanation:

i am not sure sorry : c

mr. flanders’ class sold 47 doughnuts and   mr. rodriquez’s class sold 38 cartons of milk

step-by-step explanation:

let x be the number of doughnuts sold by mr. flanders’ class and y be the number of cartons sold by mr. rodriquez’s class.

1. together, the classes sold 85 items, then

x+y=85.

2. both classes earn earned $104.49 for their school. if doughnuts were sold for $1.35 each, then x doughnuts costed $1.35x. if cartons of milk were sold for $1.08 each, then y cartons costed $1.08y. hence,

1.35x+1.08y=104.49.

3. solve the system of two equations: