subject
Mathematics, 11.01.2021 19:20 cretinous

A person places $7320 in an investment account earning an annual rate of 8.2%, compounded continuously. Using the formula V = Pe^{rt}V=Pe rt , where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 12 years.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
How far could you drive on 50 gallons of gas
Answers: 2
question
Mathematics, 21.06.2019 22:30
Solve: 25 points find the fifth term of an increasing geometric progression if the first term is equal to 7−3 √5 and each term (starting with the second) is equal to the difference of the term following it and the term preceding it.
Answers: 1
question
Mathematics, 21.06.2019 23:20
Predict which statements are true about the intervals of the continuous function. check all that apply
Answers: 3
question
Mathematics, 22.06.2019 02:50
2x + 3y = 17 5x + 6y = 32 usibg method if elimination
Answers: 1
You know the right answer?
A person places $7320 in an investment account earning an annual rate of 8.2%, compounded continuous...
Questions
question
Spanish, 12.02.2021 14:00
question
Mathematics, 12.02.2021 14:00
question
Social Studies, 12.02.2021 14:00
Questions on the website: 13722360