Eva invested $10,000 in a savings account. If the interest rate is 3.5%, how much will be in the account in 10 years by

compounding continuously? Round to the nearest cent.

Answers

Answer 1

Answer:

The total in the account after 10 years would be: $14,190.68

Step-by-step explanation:

Recall the formula for continuous compounding:

[tex]A=P\,e^{r\,t}[/tex]

where "A" is the accrued value after t years (what we need to find), "P" is the principal invested (in our case $10,000), "r" is the interest rate in decimal form (in our case r = 0.035), and "t" is the time in years (in our case t = 10). Therefore the formula becomes:

[tex]A=P\,e^{r\,t}\\A=10000\,\,e^{0.035\,*\.10}\\A=14190.68[/tex]

Therefore the total in the account after 10 years would be: $14,190.68


Related Questions

In a football game, the home team scored 1 touchdown and one extra point during every quarter. How many points did the home team have at the end of the game?

Answers

Answer:

28 points

Step-by-step explanation:

A touch down is 6 points and an extra point is 1 point

There are 4 quarters

6+1 = 7

4 quarters

4*7 = 28

They scored 28 points

Which polynomial is prime?

Answers

HELLO MATE

HERE IS YOUR ANSWER

THE CORRECT ANSWER IS OPTION ( B )

HOPE IT HELPS.

PLEASE MARK AS BRAINLIEST AND FOLLOW ME .....

Can you help me please. ​

Answers

Step-by-step explanation:

[tex]a) \\ (8 \times {10}^{ - 3} ) \times (2 \times {10}^{ - 4} ) \\ = 8 \times 2 \times {10}^{ - 3} \times {10}^{ - 4} \\ = 16 \times {10}^{ - 3 - 4} \\ = 16 \times {10}^{ - 7} \\ = 1.6 \times {10}^{ - 6} \\ \\ b) \\ (6 \times {10}^{ 2} ) \div (3\times {10}^{ - 5} ) \\ \\ = \frac{6 \times {10}^{ 2}}{3\times {10}^{ - 5}} \\ \\ = \frac{2\times {10}^{ 2}}{ {10}^{ - 5}} \\ \\ = 2 \times {10}^{ 2 + 5} \\ \\ = 2 \times {10}^{7} \\ [/tex]

Please answer these simultaneous equations ASAP. Thank you (lots of points only for full answers)

Answers

Step-by-step explanation:

for number 4:

2x + 5y = -10

2x - y = 8

subtract it

6y = -18

y = 6/-18

y = -0.3

now go back to the first equation

2x + 5 x -0.3 = -10

2x -1.5 = -10

2x = -8.5

-4.25

x = -4.25, y = -0.3

hope this help

Answer:try to answer the rest on your own and if it is not clear, let me know

Step-by-step explanation:

Use the fundamental theorem of algebra to explain how many roots your expression can have. How many real roots and how many complex roots are possible?
(X+12)^9.

Answers

Answer:

hi

Step-by-step explanation:

Tim and jane both work for a company that sells boxes of breakfast cereal the boxes of cereal cost 3 pounds and the amount of cereal in each box weighs 160g the company wants to have a special offer here is Tim's idea for the special offer: PUT 25% MORE CEREAL IN EACH BOX AND DO NOT LOWER THE PRICE here is Jane's idea: REDUCE THE PRICE AND DO NOT CHANGE THE AMOUNT OF CREAL IN EACH BOX Jane wants her idea to give the same value of money as Tim's idea by what percentage does she need to reduce the price?

Answers

Answer:

In order to give the same value for money as Tim's idea, Jane has to reduce the price by 25%

Step-by-step explanation:

The given  parameters are;

Cost of each box of breakfast cereal = 3 pounds

Amount of cereal in each box of breakfast cereal = 160 g

160 g of cereal = 100%

25% of one box of cereal = 25% of 160 g = (25/100)×160 g= 40 g

Given that Jane wants her idea to give the same value of money as Tim's idea, we have;

160 g of cereal costs 3 pounds

1 g of cereal will cost 3/160 pounds

40 g of cereal will cost 40*3/160 = 3/4 pounds

Therefore, the percentage 3/4 pound is of 3 pounds = [tex]\dfrac{\frac{3}{4} }{3} \times 100 = 25 \%[/tex]

Which gives, Jane has to reduce the price by 25% to give the same value for money as Tim's idea.

To give the same value of money as Tim's idea, she need to reduce the price by 20%.

Given that:

Cost of one box of breakfast cereal is 3 pounds.

Weight of 1 box of cereal is 160g.

Tim's idea is to put 25% more cereal.

Let Jane's idea is to reduce price by x pounds such that the value of the item is same as that after applying Tim's idea.

Value in case of Tim's idea:

[tex]160g + \dfrac{160 \times 25}{100} \: \: in \: \: 3 \: pounds\\\\200g \: \: in \: \: 3 pounds\\1g \: \: in \: \: \dfrac{3}{200} \: pounds[/tex]

Value in case of Jane's idea:

[tex]160g \: \: in \: \: (3-x) \: pounds\\\\1g \: \: in \: \: \dfrac{(3-x)}{160} \: pounds\\[/tex]

Since values have to stay same, thus we have:

[tex]\dfrac{3}{200} = \dfrac{3-x}{160}\\\\\dfrac{12}{5} = 3-x\\\\5x = 3\\\\x = \dfrac{3}{5}\\\\x = 0.6 \:pounds[/tex]

To calculate percentage, we can do as follows:

[tex]\begin{aligned}percentage &= \dfrac{x \times 100}{3}\\&= \dfrac{60}{3}\\&= 20\end{aligned}[/tex]

Thus,  to give the same value of money as Tim's idea, she need to reduce the price by 20%.

Learn more here:

https://brainly.com/question/8011401

Find the slope of the line that passes through (37, 57) and (38, -7).

Answers

Answer:

-64

Step-by-step explanation:

When given two points we can use the slope formula

m = (y2-y1)/(x2-x1)

   = (-7 -57)/(38-37)

    =-64/1

  = -64

-64
-7-57=-64
Divided by
38-37=1
Equals -65

If Shane weighs 120 pounds and Johnny weighs 150 pounds.If Shanie gains 60 pounds will Shanie and Johnny be the same weight.​

Answers

Answer:

shane is 120 pounds and johnny is 150 pounds

Step-by-step explanation:

shane 120  and johnny gains weight 60 pounds so 120 plus 60 that is both of the together is 180  hope this helps you i think they maybe  be the same weight because together they are more  

Answer:

No, Shane will be heavier

Step-by-step explanation:

120 > 150

120 + 60= 180

180 > 150


HURRY PLS!!!

which expression is equivalent to 3(b+ c) using only the distributive property?

3bc

3(c+b)

3b+3c

(b+c) • 3

Answers

Answer:

3b + 3c

Step-by-step explanation:

hope this helps you

Answer:

3(c+b)

Step-by-step explanation:

3(b+c) is essentially 3 times B+ 3 times c

and 3(c+b) is 3 times c + 3 times B

I need helppppppppppppp

Answers

Answer:$140 for the train ride

$84 for the museum

Step-by-step explanation:

28×5

28×3

All the students + you = 28

If not, try 27×5 and 27×3

Answer:

$216 for the Train Ride and visit to the Museum.

Step-by-step explanation:

There are two values to find and add together.

o The admission cost for the Museum

o The admission cost for the Train Ride

Let's make some equations.

x=number of people

Museum: 3x=total cost for Museum (m)

Train Ride: 5x=total cost for Train Ride (t)

m+t= total money spent

Now, let's replace the values.

Museum: 3(27)=$81

Train Ride: 5(27)=$135

$81+$135=$216 for the Train Ride and visit to the Museum.

Hope this helps!

-Emma

Assume that when adults with smartphones are randomly selected, 49% use them in meetings or classes. If 30 adult smartphone users are randomly selected, find the probability that exactly 23 of them use their smartphones

Answers

Answer: 0.0013684

Step-by-step explanation:

Given the following :

Probability (p) = 49% = 0.49

Number of selected adults (n) = 30

Find the probability that exactly 23 use their smartphone.

The problem is abive can be solved using the binomial probability function.

Binomial probability :

P(X = x) = [n! / x! (n-x)!] * P^x * (1 - P)^(n-x)

At x = 23

P(X = 23) = [30! / 23! (30-23)!] * P^23 * (1-0.49)^(30-23)

P(X = 23) = [30! / 23! (7)!] * 0.49^23 * (0.51)^7

P(X =23) = (2035800) × 6.72203E−10

= 0.0013684

If the measure of angle 3 is equal to (2x + 6) and x = 7, which statements are true?
Check all that apply .

Answers

Answer:The measure of angle 6 is 20. The measure of angle 5 is 70. Angles 2 and 5 are complementary. Angles 1 and 4 are supplementary.

Step-by-step explanation:

Which elements in the same below are integers? -3,3.7,9,-7.34,2.83,5,56/7,-1

Answers

Answer:

Integers -3, 9, 5, 56/7, -1

Step-by-step explanation:

Integers are whole numbers that can be positive or negative. They do not have decimals.

salem had to withdraw 28.50 from his bank account every week for 5 weeks to pay a purchase. what number represents a change in his bank account

Answers

Answer:

Okay so he had to withdraw 28.50 from his bank account every week so that means he withdrew 142.5 that in 5 weeks

Step-by-step explanation:

help me with right answer plz

Answers

Answer:

13.5

Step-by-step explanation:

area: 1/2*[x1(y2 - y3) + x2(y3 - y1) + x3(y1 - y2)]

4.3cm round to 3 decimal places?

Answers

Answer:

0.4

Step-by-step explanation:

Which table represents a direct variation function?

Answers

The third table
Explanation:
6/4 = 1.5 , 9/6 = 1.5 , 12/8 = 1.5

HELP ME PLEASE REALLY IMPORTANT OR ILL GET IN TROUBLE!! WILL MARK AS BRAINLEST IF YOU GET IT CORRECT!!

Answers

Answer: C, It stays the same.

Step-by-step explanation: If you simplify the ratio (the fraction) by canceling the t's, you get 2/1 or 2:1. This means that no matter the value of the variable t, the value of the expression will stay the same.

C is the answer .......

Which of the following pairs of functions are inverses of each other? A)f(x)=2x-9 and g(x)=(x+9)/(2) B)f(x)=(2)/(x)-6 and g(x)=(x+6)/(2) C)f(x)=(x)/(3)+4 and g(x)=3x-4 D)(x)=5+\root(3)(x) and g(x)=5-x^(3)

Answers

Answer:

A)f(x)=2x-9 and g(x)=(x+9)/(2)

Step-by-step explanation:

f(g(x)) =x for inverses

A)f(x)=2x-9 and g(x)=(x+9)/(2)

2(x+9)/2) -9 = Canceling the 2  x+9 -9 = x   inverse

B)f(x)=(2)/(x)-6 and g(x)=(x+6)/(2)

2/(x+6)/2 ) -6 =4/(x+6) - 6  This will not give me x

C)f(x)=(x)/(3)+4 and g(x)=3x-4

(3x+4)/3  -4  = x + 4/3   -4    This will not give me x  

D)(x)=5+\root(3)(x) and g(x)=5-x^(3)

5 + cuberoot ( 5-x^3)  This will not give me x back

Answer:

2x-9 is the inverse of x+9/2

Step-by-step explanation:

Explain how you can determine that the following system has one unique solution – without actually solving the system.

2x+y=4
2y=6-2x

Answers

Answer:

Step-by-step explanation:

Well, first you'd have to get the equations in slope-intercept form in order to make it easier for you to see it in the bigger picture. 2x+y=4 would be y= 2x-4, and the other equation would be y= x-3. If you were to solve it, there would be one solution since the y's cancel out. If you graphed it, there would be a point of intersection, unlike when the lines are parallel if there's 0 solutions or only one line's there if there's infinitely many solutions.

What is the point-slope form of a line with slope -3 that contains the point (10,-1)?

A. y + 1 = 3(x+10)
B. y + 1 = 3(x-10)
C. y + 1 =-3(x-10)
D. x + 1 = -3(y -10)

Answers

Answer:

the point slope form is

y + 1= -3(x - 10)

solution is c

(35–34)(33+32) is divisible by 24;

Answers

problem decoded dude

answer is in attachment

4.(06.02 MC)
Write an equation of a line that passes through the point (3, 2) and is parallel to the line y = 3x - 4. (5 po
y = 3x + 7
y = 3x - 7
y =
x + 2
O y = fx-2

Answers

Answer:

y = 3x-7

Step-by-step explanation:

Lines that are parallel have the same slopes.  

y = 3x-4  ---> y=mx+b (slope = m=3)

 

point-slope formula for a line:  y - y1 = m(x-x1)

 slope=m=3

(3,2)----> (x1,y1)

y - 2 = 3(x-3)

y - 2 = 3x-9

y = 3x-7

Penny earns $580 more than half of Karen´s salary. If p represents Penny´s salary, write an expression that represents the amount of money Karen earns in relation to Penny.

Answers

Answer:

[tex]\frac{p}{2} + $580[/tex]

Step-by-step explanation:

p = Penny's salary

Karen's salary = $580 more than half of p

We can use the fraction [tex]\frac{p}{2}[/tex] to represent half of p.

Since Karen's salary is $580 more, her salary is $580 + [tex]\frac{p}{2}[/tex] .

Answer:

heyyyy

Step-by-step explanation:

con
Simplify: -165 - 1703

Answers

Answer:

[tex]-1868[/tex]

Step-by-step explanation:

[tex]-165 - 1703[/tex]

Subtract the numbers.

[tex]=-1868[/tex]

Answer:

-1868 is the simplified polynomial

Step-by-step explanation:

-165 -1703

= -165 + -1703

= -(165+1703)

= -(1868)

Choose the correct simplification of the expression (5x^5)^2 5x^25 10x^10 25x^7 25x^10

Answers

Answer:

[tex]25x^{10}[/tex]

Step-by-step explanation:

[tex](5x^5)^2\\\\\text {Apply Rule: }(a*b)^n=a^n b^n\\\\(5x^5)^2=5^2(x^5)^2\\\\25(x^5)^2\\\\\text {Apply rule: } (a^b)^c=a^{bc}\\\\25(x^5)^2=\boxed{25x^{10}}[/tex]

A social scientist surveyed a random sample of male musicians at a university about their practice habits. The graph below displays the amount of time typically spent practicing their instrument daily.
Which of the following inferences can be made from the data?​

Answers

Answer:

C

Step-by-step explanation:

male musicians practice an avg 2/hrs a day

The inferences can be made from the data on average, male musicians practice for two hours per day. Then the correct option is C.

What is a histogram?

A diagram is made up of rectangles whose size is related to a variable's frequency and whose width is comparable to the training sample.

A social scientist surveyed a random sample of male musicians at a university about their practice habits.

The graph below displays the amount of time typically spent practicing their instrument daily.

From the graph, we can conclude that on average, male musicians practice for two hours per day.

Then the correct option is C.

More about the histogram link is given below.

https://brainly.com/question/16819077

#SPJ2

Find the size of the final unknown exterior angle in a polygon whose other exterior angles are:
63', 64°, 82°, 49° and 58°

Answers

Answer: 44°

Step-by-step explanation:

The sum of the exterior angles of a polygon is 360°

If your polygon has six sides, the final angle will be:

= 360 - (63 + 64 + 82 + 49 + 58)

= 360 - 316

= 44°


Calculate the perimeter of this figure
to the nearest tenth.
P = [? ] ft

Answers

40.9 ft
You would add each side together 10 plus 10 is 20 then 20 plus 8.9 is 28.9 then 28.9 plus 8 is 36.9 plus four which is 40.9

Answer: 40.9

Step-by-step explanation:

What is the first step in simplifying the solution: log2 ^32 = x
Rewrite the equation as 2^x = 32
Find the square root of 32
Rewrite the equation as 2^32 = x
Find 32^2

Answers

Answer:

x=5

Step-by-step explanation:

log2^32=x

log2^2^5=x

5 log 2^2=x

5(1)=x

x=5

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