ryla45 ryla45
  • 03-01-2019
  • Mathematics
contestada

how much money invested at 5% compounded continuously for 3 years will yield at $820?

Respuesta :

Mammoet
Mammoet Mammoet
  • 03-01-2019

Answer:

Percentage of interest at which the money is invested = 5%

Time for which the money is invested = 3 years

The final amount after 3 years = $820

Let us assume the principal amount = x dollars

We can conclude that the principal amount invested was $708.35.


Answer Link

Otras preguntas

Both an independent clause and a dependent clause... B. have the same subject C. share the same verb
Which of the following is not an element of the modified block style? a. the paragraphs in the body of the letter are each indented. b. the signature is handw
What was the major goal of the Sons of Liberty? To terrorize the stamp collectors To show opposition to British economic actions To organize an independence mov
what is the slope of the points( -3, 10), (-13, -6)
Which map is now recognized as providing the best balance of size, shape, and direction?
What happens to the particles when heat is removed
Write a short paragraph that identifies the Russian leader who came to power at the age of three and earned the nickname “the Terrible.”
Annabelle is writing a literary analysis essay. Which of the following points should she keep in mind as she writes?
One of the challenges facing the Supreme Court in interpreting the Constitution is that the Founding Fathers intentionally made the document __________ so that
How many 12.6 pounds on an ounce