36salehdaoud 36salehdaoud

24-04-2020
Mathematics

contestada

You want a savings account to grow to $5000 in 10 years. If interest is 3.5% compounded continuously, how much should you invest?

Respuesta :

amna04352 amna04352

24-04-2020

Answer:

$3523.44

Step-by-step explanation:

5000 = X × e^(3.5/100)(10)

X = 5000 ÷ e^0.35

X = 3523.440449

Answer Link

Otras preguntas

Which group convinced President James Madison to go to war with England in 1812?

What is meant by the solubility of a substance? and What conditions must be specified when expressing the solubility of a substance

What is it called when loose rock debris is carried downslope by a river? A: downcutting B: headward erosion C: removal of regolith D: stream piracy

What do living things use atp for?

What is 42 out of 50 as a percent

what is 49.67 divided by 6 (step by step)

Which of the following electromagnetic waves has the shortest wavelength? A. visible light waves B. ultraviolet waves C. microwaves D. infrared waves

Who was sent to explore Louisiana Territory? a.Meriwether Lewis and William Clark b.Thomas Jefferson and Andrew Jackson c.Daniel Boone and Zebulon Pike d.James

how to slove substitutions

Let f(x)=6x+7 and g(x)=8x+2, and find the following (Fog)(-3) Answer please