taeboog2
taeboog2 taeboog2
  • 25-03-2020
  • Mathematics
contestada

$600 is deposited in an account that pays 7% annual interest, compounded continuously. What is the balance after 5 years? Please help me!!!

600 is deposited in an account that pays 7 annual interest compounded continuously What is the balance after 5 years Please help me class=

Respuesta :

hassanbello2001 hassanbello2001
  • 25-03-2020

Answer:

810

Step-by-step explanation:

600 x7x 5/100 = 210

balance after 5yrs is 210 + 600=810

Answer Link

Otras preguntas

How would you find the zeros of the function by rewriting the function in intercept form? Ex: y=x^2-12x+32
how do you do scientific notation? what is 1.20 x 10 to the 3rd power
what is the equivalent of 1/50 : fraction , in decimal form
how hot does it have to be to melt rock
in 5.074 the digit 5 stands for _____________
Can there be more than one point of intersection between the graphs of two linear equations?
What were the main policies and changes set forth by the Congress of Vienna (1814-15)?
what is 30% of $650.00
What were the main policies and changes set forth by the Congress of Vienna (1814-15)?
Iron is a solid, grey metal. Oxygen is a colorless gas. When iron and oxygen chemically combine , rust is made. Rust has a reddish brown color. Why does rust di