Show your work.

determine the amount of money you would have if you invested $15,000 dollars for 11 years at 3% annual interest compounded continuously.

The amount of money you have is $ 20864.521

Given that you invested $15,000 dollars for 11 years at 3% annual interest compounded continuously.

To find: total amount of money

The compound interest formula for compounded continously is given as:

Where "p" is the principal

"r" is the rate of interest

"t" is the number of years

Here in this problem, p = 15000

t = 11 years

Substituting the values in formula we get,

Thus the amount of money you have is $ 20864.521

y = 2x

step-by-step explanation:

if you divide each number in the sequence, you'll see that they all have a multiple factor of 2. each number in the series, and any other numbers which may continue, will be multiplied by 2. therefore, y is the next number in the sequence, and x is the current one, so, our formula will be y = 2x.

answer: r there any options?

step-by-step explanation: