subject
Mathematics, 01.11.2021 22:40 vadrian4739

Some banks now use continuous compounding of an amount invested. In this case, the equation that models the value of an initial investment of P dollars int years at an annual interest rate of r is given by A = Pert. Using this equation, find the value in 5 years of an investment of $2000 that earns 7% annual interest. (Round your answer to the nearest cent.)
$

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
Assessment items item 1 garrett is a member of a movie club. he pays a monthly service fee of $5.75 and $2.50 for each movie he rents. which expression represents how much money he will spend for renting x number of movies a month?
Answers: 1
question
Mathematics, 21.06.2019 14:30
Part a : solve -vp + 40 < 65 for v part b : solve 7w - 3r = 15 for r show your work .
Answers: 3
question
Mathematics, 21.06.2019 20:30
Which coefficient matrix represents a system of linear equations that has a unique solution ? options in photo*
Answers: 1
question
Mathematics, 21.06.2019 21:30
Cal's go cart has a gas tank with the dimensions shown below. he uses a gas can that holds 11 gallon of gas, to fill the go cart tank. 11 gallon = 231 inches^3 how many full gas cans will it take to fill the go cart's gas tank?
Answers: 3
You know the right answer?
Some banks now use continuous compounding of an amount invested. In this case, the equation that mod...
Questions
question
Mathematics, 06.11.2020 19:30
question
Mathematics, 06.11.2020 19:30
question
Mathematics, 06.11.2020 19:30
Questions on the website: 13722367