David invested $89,000 in an account paying an interest rate of 3.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 15 years?

Answers

Answer 1

Answer:

140,690

Step-by-step explanation:

89000*1.031^15=140692.188712

                         = 140,690

Answer 2

After 15 years, $141,689 would be the amount in the account.

What is continuous compound interest?

Interest that compounded continuously to the principal amount. This interest rate provides exponential growth to a period of time.

Formula of continuous compound interest rate;

A = P[tex]e^{rt}[/tex],

where P is the principal amount, r is the interest rate and t is the time period.

Given:

David invested $89,000 in an account paying an interest rate of 3.1% compounded continuously.

Assuming no deposits or withdrawals are made.

P (principal) = $89,000.00

First, convert R as a percent to r as a decimal

r = R/100

r = 3.1/100

r = 0.031 rate per year,

Then solve the equation for A

A = P[tex]e^{rt}[/tex]

A = 89,000.00(2.71828[tex])^{(0.031)(15)}[/tex]

A = $141,689

Therefore, the amount is $141,689.

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Related Questions

Help!!!!! Please :( 5662727

Answers

Answer:

e,compound transformation

Step-by-step explanation:

f(x)=x2+3x and g(x)=2x2, find (f ∘ g)(−1).?? ?//

Answers

Answer:

20

Step-by-step explanation:

f(x)=x2+3x and g(x)=2x2, find (f ∘ g)(−1)

f(x)= (-1)(2) +3 (-1)= -2+-3= -5

g(x)= 2 (-1)2= -4

(f ∘ g)= -5 x -4= 20

Find the volume of the composite solid. Round your answer to the nearest tenth.

Answers

Answer:

646

Step-by-step explanation:

To solve this, you would need to know the volume of a sphere and volume of a cube.

Volume of a cube is L x W x H

8x8x8 which gives you 512

The volume of a sphere is [tex]\frac{4}{3} \pi (r)x^{3}[/tex]

(radius which is 8/2=4)  4/3 pi (4)^3=268.08

Because this is half a sphere, simply divide the volume by 2 and you should get 134.04.

512+134.04=646.04

=646 cm cubed

TIMED TEST EASY 6th GRADE HELP ME

What are the constant(s) in this expression?

17x + y + 12 - W + 3x?

Answers

Answer:

12

Step-by-step explanation:

17x is a coefficient

y is a variale

12 is a constant

w is a variable

and 3x is a coefficient

Determine the slope.( look at picture)

Answers

Answer:

m = 3/4

Hope that helps!

Draw a cone with a height of 9 in. and a diameter of 4 in. Find the volume. Round to the nearest tenth.

Answers

Answer:

Cone Volume = (PI * radius^2 * height) / 3

Cone Volume = (PI * 2^2 * 9) / 3

Cone Volume = 113.0973355292 / 3

Cone Volume = 37.7 cubic inches

Source: http://www.1728.org/volcone.htm

Step-by-step explanation:

The local pizzeria is charging $12.50 for a medium pizza with no toppings. Each topping costs $1.20 each. The variable, P, to represent the price and the variable, t, to represent the number of toppings. Which of the following models is correct?

a) P = 12.50t + 1.20

b) P = 1.20t + 12.50

c) t = 12.50P + 1.20

d) t = 1.20P + 12.50

Answers

Answer:

B is the correct answer!

Answer:

im thinking B

Step-by-step explanation:

Simplify 3.1+(8.6+m)​

Answers

Answer:

M + 11.7

Step-by-step explanation:

Answer:

m+11.7

Step-by-step explanation:

True or false? In a two-column proof, the left column contains a series of deductions. A. True B. False

Answers

Answer:

True

Step-by-step explanation:

HELPPP PLEASE
The percent equation is___
1. whole = part x percent
2. part = percent x whole
3. part = percent / whole
Thank youuu

Answers

You are very much welcomed
It should be 3 lmk if it’s wrong

SAS, SSS, ASA, or AAS?

Answers

Answer:

SAS

Step-by-step explanation:

Side ST = Side Gp

angle p = angle t

and side PM = side MT

Therefore the congruency statement shows

Side

Angle

Side

aka SAS

The volume of a cone is 75 and the radius is 5 . What is the height

Answers

Answer:

Step-by-step explanation:

h≈2.86

Answer:

Volume:75 Radius:5

Step-by-step explanation:

can someone help me on this!!!​

Answers

Answer:

dates

Step-by-step explanation:

bestie it is dates i am sure of it.

Which equation is represented by the graph below?
5
4+
3+
2+
t
5 4 3 -2 -11
+ +
4 5
1
2.
3
3
-27
-3+
T 17

Answers

Answer 1               8      

Step-by-step explanation:

[tex]y = \frac{1}{2} e^{x}[/tex]  equation is represented by the given graph.

What is graph?

"Graph is defined as the representation of relation between two variables on the coordinate plane."

According to the question,

From the observation of the graph,

for x= 0

y- intercept = [tex]\frac{1}{2}[/tex]

a.  [tex]y = \frac{1}{8} e^{x}[/tex]

Substitute x = 0 in the equation we get,

[tex]y = \frac{1}{8} e^{0}[/tex]  

⇒ [tex]y = \frac{1}{8}[/tex]

Therefore,

Option (a) is not the correct answer.

b. [tex]y = \frac{1}{2} e^{x}[/tex]

Substitute x = 0  in the equation we get,

[tex]y = \frac{1}{2} e^{0}[/tex]  

⇒ [tex]y = \frac{1}{2}[/tex]

which is same as graph value.

Hence, Option (b) is  the correct answer.

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Use the Pythagorean Theorem to find the measure of the space diagonal line in the box
picture if the length of the box "a" = 13 inches; width of the box "b" = 5 inches; and height
of the box "c"= 8 inches. * S
(10 Points)
Pythagorean Theorem Formula: a? + b2 = 2
256 inches
257 inches
258 inches
(259 inches

Answers

Answer:

14.42inches

Step-by-step explanation:

Given the following

b = 5 in

c = 8in

we are to find the measure of the space diagonal line

Using the pythagoras theoreml

l^2 = b^2 + c^2

l^2 = 13^2 - 5^2

l^2 = 169 -25

l^2 = 144

l = 12in

To get the measure of the space diagonal line in the box, we will use the pythagoras theorem;

s^2 = l^2 + c^2

s^2 = 144 + 8^2

s^2 = 144 + 64

s^2 = 208

s= 14.42inches

Hence the required length ix 14.42inches

Find the area of the shaded region. Round to the nearest hundredth when necessary.

Answers

Answer:36.48

Step-by-step explanation:

What is the Vertex?

y = x² - 8x-1

Answers

Answer:

The vertex is (4,-17)

Step-by-step explanation:

Vertex is (4,-17) hope this helps!

How do I find the midpoint M C(3,-5) and D(7,9)

Answers

Given:

The two points are C(3,-5) and D(7,9).

To find:

The midpoint M of the given points.

Solution:

We know that,

[tex]Midpoint=\left(\dfrac{x_1+x_2}{2},\dfrac{y_1+y_2}{2}\right)[/tex]

Using the midpoint formula, the midpoint of C(3,-5) and D(7,9) is

[tex]M=\left(\dfrac{3+7}{2},\dfrac{-5+9}{2}\right)[/tex]

[tex]M=\left(\dfrac{10}{2},\dfrac{4}{2}\right)[/tex]

[tex]M=\left(5,2\right)[/tex]

Therefore, the midpoint M of two points C(3,-5) and D(7,9) is (5,2).

please help due soon

Answers

A = 29.745

you can use the law of sine

6(y + 8) = I need help please :)

Answers

Answer:

6y + 48

Step-by-step explanation:

Use distributive property 6 x y = 6y

(keep the plus sign btw)

6 x 8 = 48

then place it in order: 6y + 48 is your algebra expression

Answer:

6y + 48

Step-by-step explanation:

Distributive Property

6 * y = 6y + 8

PLZ HELP I NEED ITTT!!

Answers

Answer:

with what

Step-by-step explanation:

ahhhhhhh..... .,.......

What is that you need help with???

PLEASE HELP!!!!!
What is x?

Answers

Answer: 84 degrees

Step-by-step explanation: I'm not quite sure how to explain this problem, sadly, but you basically add up the degrees together in the big triangle all together, and then figure out the rest.

Madison watched television for 1 hour 35 minutes. Later she read. She watched television and read for a total of 3 hours 52 minutes. How long did Madison read?​

Answers

Subtract 3 hours and 52 minutes by 1 hour and 35 minutes

The answer is 2 hours and 17 minutes

a cylinder has a height of 12 feet and a radius of 14 feet. what is its volume? use ​ ≈ 3.14 and round to the nearest hundredth

Answers

Answer:

V = 7385.28

Step-by-step explanation:

Formula of the volume of a cylinder: V = pi*r^2*h

Since you are told to replace pi with 3.14, now plug in the numbers that you are given into the formula...

V = (3.14)(14)^2*(12)

= 7385.28

Notes: Remember you always have to divide your radius in half if it gives you a diameter, BUT since in this question it's given, you don't have to do any extra work :)

The point P = (x, 1/3) lies on the unit circle shown below. What is the value of x in simplest form?

Answers

Answer: - 2squart2/3

Step-by-step explanation:

x^ 2 + y ^ 2 = 1

x ^ 2 + (1/3) ^ 2 = 1 ^ 2

The value of x in simplest form is 2√2/3 units.

What is a circle equation?

The equation of circle provides an algebraic way to describe a circle, given the center and the length of the radius of a circle. The equation of a circle is different from the formulas that are used to calculate the area or the circumference of a circle.

The standard equation of a circle with center at (x₁, y₁) and radius r is (x-x₁)²+(y-y₁)²=r²

Given that, the point P= (x, 1/3) lies on the unit circle

x²+ y²= 1

x²+ (1/3)²= 1²

x²+1/9=1

x²=1-1/9

x=√8/9

x=2√2/3

Therefore, the value of x in simplest form is 2√2/3 units.

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solve the equation, 4(x + 5) = 12, show the steps.

Answers

Answer:

x = -2

Step-by-step explanation:

4(x+5)=12

Distribute.

4x+20=12

Subtract 20 from both sides.

4x+20-20=12-20

4x = -8

Divide both sides by 4.

4x/4 = -8/4

x = -2

On a blueprint for a house, the scale is 3 inches = 24 feet. If the length of a room is 96 feet, how long is it on the map?

Answers

_________________________________

= 96ft ÷ 3inches= 32inches

_________________________________

What is the slope-intercept equation for the following line? y = 1.4x + [? Enter​

Answers

Answer:

y = -4x + -3

Step-by-step explanation:

We know the slope-intercept form is y = mx + b, and m is the slope of the line, and b is the y-intercept. To find the slope, we need to divide the difference of the y coordinates by the difference of the x coordinates. We already have the slope listed there which is very helpful, so now all we need to do is find the y-intercept (where the line goes through the y axis). If we count the lines on the y axis starting from the origin and going downwards, we see that the line passes through at (0,-3), so the y-intercept is -3. Now we replace the variables with the correct numbers, and the answer would be y = -4x + -3. I hope this helped!! :]

Lin runs 5 laps around a track in 6 minutes.

How many minutes per lap is that? Show work

Answers

6/5=1.2 one minute and twenty seconds per lap

The three angles of a triangle have a ratio of 5:7:13. Find the measure of each angle.

Answers

Answer:

let ratio be 5x,7x and 13x

we have

5x+7x+13x=180 sum of interior angle of the triangle is 180°

25x=180

x=180/25=36/5

Step-by-step explanation:

missing Angle are

5x=5×36/5=36°

7x=7×36/5=50.4°

13x=13×36/5=93.6°

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