ceng2552 ceng2552
  • 01-05-2020
  • Mathematics
contestada

how would I calculate this

how would I calculate this class=

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 02-05-2020

Answer:

  $18,413.01

Step-by-step explanation:

Use the formula for interest compounded continuously:

  A = Pe^(rt)

where P is the principal invested ($14,000), r is the annual interest rate (.0685), and t is the number of years (4).

  A = $14,000·e^(.0685·4) = $14,000·e^0.274

  A ≈ $18,413.01

Answer Link

Otras preguntas

5. Who did Hamilton support during the 1800 election? *
What is the difference between an endothermic and an exothermic reaction? ANSWER THE QUESTION FOR 67 POINTS!
Which organisms are not necessary for secondary succession to begin?
At the fast food restaurant, an order of fries costs $1.17 and a drink costs $0.90. How much would it cost to get 4 orders of fries and 5 drinks? How much would
Which refers to the force that one massive object exerts to attract another object? velocity gravity acceleration newt
This is the table answer this please
. Alien and Sedition Acts Increased the waiting period to become a citizen of the United States Gave the President power to arrest disloyal immigrants or order
Help ASAP giving brainliest
Now, read the final lines of the poem. Remember, the last phrase means "it is sweet and right to die for your country." Based on this line, what are soldiers ex
Please help me with this