$1215 is deposited in account that pays 6.5% annual interest, compounded continuously what is the balance after 8 years?

Answers

Answer 1

Answer:

FV= A= $2,043.66

Step-by-step explanation:

Giving the following information:

Initial deposit= $1,215

Interest rate= 6.5% compounded continuously

Number of years= 8

To calculate the future value, we need to use the following formula:

A= P*(e^rt)

A= Future value

P= principal

r= rate of interest

t= time in years

A= 1,215*(e^0.065*8)

A= $2,043.66


Related Questions

An apple-juice container has a tiny hole in it, so it is slowly leaking. If the container leaks three

ounces every 19 minutes, how long will it take for the 16 ounces of juice in the container to leak

out? Write a proportional equation and solve with J.R.'s strategy of using a Giant One. 3 id

14

Answers

Answer:

101.33333 minutes

Step-by-step explanation:

Given :

Leakage rate = 3 ounces per 19 minutes

Time it'll take for 16 ounces of juice in the container to leak out

The leakage rate on ounce per minute :

3 ounces / 19 minutes = 0.1578947 ounce per min

1f 0.1578947 ounces leak out in 1 minutes

16 ounces will leak out in x minutes

Hence ;

0.1578947x = 16 ounces

x = 16 / 0.1578947

x = 101.33335 minutes

OR :

3 ounces = 19 minutes

1 ounce = (19 / 3) = 6.333333 minutes

16 ounces = (15 + 1) ounce

15 ounces = 3 * 5

Hence, 15 ounces will leak in (19 minutes * 5) = 95 minutes

1 ounce = 6.33333 minutes

Hence,

16 ounces will leak in (95 minutes + 6.33333 ounces) = 101.33333 minutes

HENCE, All 16 ounces will leak out in 101.33333 minutes

Find the length of the radius. Assume that lines which appear to be tangent are tangent.

Answers

The Answer Is 7.5

Tangent and 8 makes a right triangle, which is great because you could find the diameter and divide it by 2 to find the radius.

64+d^2=289

d^2=225

d=15

15/2=7.5

Frank purchased an air cooler for $3,000 in the year 2000. Its value depreciates by 8% each year. What is the value of the air cooler in 2003?

Answers

Answer:

y=3000 (0.92)^3=2336.064=$2336.06

Step-by-step explanation:

Mark me brainliest please

What single decimal multiplier would you use to increase by 5% followed by a 15% increase?​

Answers

Answer:

Answer: 1.26 is the single decimal multiplier.Oct 7, 2019

Somewhere around in briany there was i think smilier or the same question this so this might aswell e the answer.  

Step-by-step explanation:

1) Squeaky Clean takes their 41-foot ladder to a new building
that is 25 feet tall. What is the furthest away they can put the
base of their ladder from the building and still reach the top?
Round your answer to the nearest foot.

Answers

Answer: 32 ft

Step-by-step explanation: The ladder and the building and the ground form a right triangle will ladder being the hypotenuse....

pythagorean theorem      hyp2 = 252 + d2

                                                      41^2 - 25^2 = d^2             d =~~ 32 ft

cited from web2.0calc

I need the answer to x

Answers

Answer:

x = 14

Step-by-step explanation:

arc JL = 180° ( JL is a diameter ), then

arc KL = 180° - 31° = 149° , so

9x + 23 = 149 ( subtract 23 from both sides )

9x = 126 ( divide both sides by 9 )

x = 14

Answer:

X=14

Step-by-step explanation:

360-31-31=298

298/2=149

149-23=126

126/9=14

PLEASE PLEASE ANSWER HELLPPPPP ILL GIVEBRAINLIEAT

Answers

Answer:

118

Step-by-step explanation:

inscribed angle = 1/2 intercepted arc, therefore an intercepted arc is twice its inscribed angle

[tex]59 \times 2 = 118[/tex]

Hal is thinking of a number. If he multiplies his number by three and then adds 4, he gets 25. What is Hal’s number?
a. Write an equation to represent the situation.

Answers

Answer:

7

Step-by-step explanation: Ok this coming from a 11 year old. if 7x3= 21 then add 4 its 25 simple

Bernice uses the equation C = 2h + 8 to find the total cost, C, in dollars, of renting a boat for h hours. If Bernice does not spend more than $32, what is the maximum number of hours she can rent the boat?
a 8
b 12
c 20
d 22​

Answers

Answer:

A

Step-by-step explanation:

Since she's not spending more than $32, the equation is 2h + 8 ≤ 32.

Isolate h to find the maximum number of hours she can rent the boat:

2h + 8 ≤ 32

First, subtract 8 from both sides.

2h ≤ 16

Then divide both sides by 2.

h ≤ 8

h, the number of hours, must be less than or equal to 8, so 8 is the maximum number of hours Bernice can rent the boat for.

What are the 2 primary algebraic methods to solve a system of equations?

Answers

There are 2 methods to solve a system of linear equations: direct methods and iterative methods. In this article, we will use the direct methods, in particular, Gauss-method. How to Solve a System of Linear Equations? Since most often time we work with data with many features (or variables).

Answer:

método de sustitución, el de reducción y el de igualación

Step-by-step explanation:

te escribí 3 aunque tu me dijiste 2 pero yo ya escribí 3

pero espero que te alla servifo de algo mi respuesta dame corona si te sirvio

 

what is the answer here??​

Answers

Answer:

$225

Step-by-step explanation:

if 1% of 1700 is 17, then multiply 17 by 15, which i 255. so you spent $225 on tuition

Simplify. Write the expression using only positive exponents.

Answers

Answer:

w^3 × 1/w^9

I'm pretty sure that's the answer

I’m going into high school soon, please drop any advice or tips you would recommend me knowing and thank you in advance:) btw if you can’t answer it anymore, just drop it in the comments, i really don’t wanna make myself look like a fool and regret things; i also can’t post this without choosing a subject which is why i just choose math ;-;

Answers

Answer:

Hi, I'm currently a sophomore (10th grader) and my biggest advice would be don't give into peer presssure when it comes to choosing classes. Only take classes that you feel you are able to handle and succeed in, don't take high level classes just because your friends are!

Step-by-step explanation:

Answer:

go to things that interest you like clubs and stuff like that be yourself try to find what your good at and dont stress to much be happy with what you got never push yourself to hard

Step-by-step explanation:

help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

i believe the answer is the first one

Answer:

1st

Step-by-step explanation:

Which function would best represent “each ink cartridge purchased for a printer costs $12”.
Linear
Exponential
Quadratic

Answers

the anwser is linear

What is the area of a circle with a radius of 24 mm?

Answers

Answer:

A= 1.81×10-3m²

Step-by-step explanation:

pls mark brainliest

Area = pi x r^2

Area = 24 ^2 x pi

Area = 576 pi mm^2 ( in terms of pi) or 1808.64 square mm

Jose will choose between two restaurants to purchase pizza for his party. The first restaurant charges a delivery fee of $9 for the entire purchase and $12 per pizza. The second restaurant charges a delivery fee of $1 for the entire purchase and $13 per pizza. Let x be the number of pizza purchased. Write an experssion for the total charge of purchasing x pizza (with delivery) Total for first restaurant? Total for the second restaurant?

Answers

1 + (13x)

Hope this helps :D

the price of an item been reduced by 65% the original price was $63

Answers

Answer:

$22.05

Step-by-step explanation:

65% x $63 = $40.95

$63 - $40.95 = $22.05

15x-27=-8+30x

Show your work

Answers

Answer: Here below I attached a picture of my work.

Step-by-step explanation:

The answer is X=-19/15

Use the given information to prove that DF=FG.
PLEASE HELP ME!!!

Answers

Step-by-step explanation:

Given

[tex]CF=EG\\CD=EF[/tex]

Now, CF and EG can be breakdown to written as

[tex]\Rightarrow CD+DF=EF+FG[/tex]

Now CD can be replaced by EF as they are equal

[tex]\Rightarrow EF+DF=EF+FG\\\Rightarrow DF=FG[/tex]

Hence proved

Which one is correct

Answers

Answer:

Quadrilateral

Step-by-step explanation:

The question is straightforward, and it requires a direct answer.  

A rhombus has four sides and as such it means it is a type of quadrilateral.  

So, before a shape is proven to be a rhombus, it has to first be proven to be a quadrilateral.

5 3/4 + (-1/4) on a number line​

Answers

Answer:

go foward 5 3/4 from 0 then go back 1/4 because its negative and youll get 5 1/4 as the last spot you land step-by-step explanation:

what is the value of 4! + (18 - 13)!?

plzz help me...​

Answers

Answer:

9

Step-by-step explanation:

4+(18-13)

4+(5)

9

mark me brainliest

Answer:

[tex]4i + 5i = 4i \times (1 + 5) = 4 \times 3 \times 2 \times 1 \times 6 = 144[/tex]

a boat travels Upstream from city a to City B they are 36 miles apart for Speed of the boat in still water is 16 miles per hour the average speed of the stream is 4 mile per hour if the boat is half way up from City a to City B how long will it take to complete this trip​

Answers

Answer: 2.25

Step-by-step explanation:

F/R/e/e points pog teehee​

Answers

Answer: thank you

Step-by-step explanation:

Answer:

ty :)

Step-by-step explanation:

What is the value of x?

Answers

Answer:

x = 80 degrees

Step-by-step explanation:

First look at the upper triangle.  There are two 65 degree angles there, along with two equal sides.  The angles must sum up to 180 degrees.  Therefore:

2(65) + x = 180; thus, the value of x is 50 degrees.

Next, recognize that the vertical angles in the middle of the diagram are equal and are 50 degrees each.  Thus, the smaller triangle has two 50-degree angles.  Again we sum up the angles, obtaining 50 + 50 + x = 180, or x = 80 degrees

If 10 workers, working for 4 hours complete the work in 12 days, in how many days will 8 workers working for 6 hours complete the same work?

Answers

Answer:

As per the question, 10 workers working for 4 hours a day complete their work = 12 days. 1 person working for 1 hour a day complete the work = 12×10×4 days. Thus, the 8 persons working for 6 hrs a day complete their work in 10 days.

Step-by-step explanation:

hope it helps

please mark brainliest

Find the area of the parallelogram​

Answers

Answer:

Step-by-step explanation:

base times height

your base is 14 and height is 3

so your answer is 42

What is the measurement for the missing angle? 32° 24°

Answers

Answer:

12 degrees

Step-by-step explanation:

You are choosing between two plans at a health club. Plan A offers an initial membership fee of $75. And you pay $15 per month. Plan B offers an initial membership fee of $20 and you pay $26 a month. How many months are the two clubs the same price?

Answers

Answer:

5 months

Step-by-step explanation:

Let the number of months equalising both plans fee = x

Plan A total fee = 75 + 15x , Plan B total fee = 20 + 26x

Equalise both: 75+15x = 20+26x ; 75-20 = 26x-15x ; 55 = 11x ; x = 55 / 11

x = 5  

Proof : 75 + 15 (5) = 20 + 26 (5) ; LHS 150 = RHS 150

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