Nicholegreen811 Nicholegreen811
  • 01-05-2019
  • Mathematics
contestada

$1250 is deposited in an account that pays 6.5% percent annual interest, compounded continuously. What is the balance after 8 years?

Respuesta :

laurenburrell laurenburrell
  • 01-05-2019

Answer:

$1441.90

Step-by-step explanation:

Formula-

A = P (1 + r/n)^(nt)

A= 1250(1 + 8/1)^(1*.065)

Answer Link
oliviakurt123 oliviakurt123
  • 19-03-2021

Answer:

2102.53

Step-by-step explanation:

1250e (0.065)8

Answer Link

Otras preguntas

a 12-ft ladder leans against a building so that the angle between the ground and the ladder is 74°. how high does the ladder reach on the building? (round your
COLUMN A COLUMN B _____1. Dental exam a) Keeps you informed of any abnormal curvatures of the spine _____2. Vision test b) Gives you an idea about your growth r
What is important to consider about a facility for a business?
HELP!!!Why did some churches begin to oppose revivalist preaching?​
Question Simplify: (-12az2-22³)+(-2a³ +7a²z)-(-4a²z+8az²).
need help !! Please somebody help
Why would it be better to be in a partnership?
What is the decimal form for the given fraction 640/1000
11. Obesity, high sodium intake, low potassium and calcium intake and excessive alcoho consumption are all nutritional factors that may contribute to the develo
Use the tests for divisibility to determine which numbers divide evenly into the given number. 648