You deposit $3000 in an account earning 4% interest compounded continuously. How much will you have in
the account in 5 years?

Answers

Answer 1

Answer: $3,664.21

Formula: [tex]A=Pe^{rt}[/tex]

P = principle/original amount = $3000r = rate of interest = 4% = 0.04t = time period (in years) = 5A = the new amounte = Euler's number ≈ 2.718...

Substitute in the values:

[tex]A=(3000)e^{(0.04)(5)} =(3000)e^{0.2} =(3000)(1.2214)=3664.208[/tex]

Approximately $3,664.21

I think this is how you solve it o_O

Answer 2

Approximately there will be $3,664 in your account in 5 years.

What is compound interest?

The interest on a loan or deposit that is calculated using both the initial principal and the accrued interest from prior periods is known as compound interest.

Simple math may be used to demonstrate this: If you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You will wind up with $110.25 at the conclusion of the second year.

Solution:

Since interest is compounded continuously, we need to find the future value.

A = Pe^rt, where:

P is the initial deposit

r  is the rate of interest

t is the time period of deposit

A is the future value

Given,

P = $3000

r = 4%

t = 5 yrs

Therefore, future value(A) = 3000 × e^(0.03)×(5)

                                         = 3664

Hence you will have $3664 in your account approximately.

Learn more about "Compound Interest" here-

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Related Questions

What is the surface area of the rectangular prism below?

A. 736 units2

B. 812 units2

C. 706 units2

D. 824 units2

Answers

Answer:it’s A

Step-by-step explanation:

took the test

the sum of the fractions 2/y-3 and 6/y+3 is equal to their

Answers

Step-by-step explanation:

Move expression to the left side and change its sign

5

y

3

+

10

y

2

y

6

y

y

+

2

=

0

Write

y

as a sum or difference

5

y

3

+

10

y

2

+

2

y

3

y

6

y

y

+

2

=

0

Factor out

y

and

3

from the expression

5

y

3

+

10

y

(

y

+

2

)

3

(

y

+

2

)

y

y

+

2

=

0

Factor out

y

+

2

from the expression

5

y

3

+

10

(

y

+

2

)

(

y

3

)

y

y

+

2

=

0

Write all numerators above the least common denominator

5

(

y

+

2

)

+

10

y

(

y

3

)

(

y

+

2

)

(

y

3

)

=

0

Distribute

5

and

y

through the parenthesis

5

y

+

10

+

10

y

2

+

3

y

(

y

+

2

)

(

y

3

)

=

0

Collect the like terms

8

y

+

20

y

2

(

y

+

2

)

(

y

3

)

=

0

Use the commutative property to reorder the terms

y

2

+

8

y

+

20

(

y

+

2

)

(

y

3

)

=

0

Write

8

y

as a sum or difference

y

2

+

10

y

2

y

+

20

(

y

+

2

)

(

y

3

)

=

0

Factor out

y

and

2

from the expression

y

(

y

10

)

2

(

y

10

)

(

y

+

2

)

(

y

3

)

=

0

Factor out

(

y

10

)

from the expression

(

y

10

)

(

y

+

2

)

(

y

+

2

)

(

y

3

)

=

0

Reduce the fraction with

y

+

2

y

10

y

3

=

0

Determine the sign of the fraction

y

10

y

3

=

0

Simplify

10

y

y

3

=

0

When the quotient of expressions equals

0

, the numerator has to be

0

10

y

=

0

Move the constant,

10

, to the right side and change its sign

y

=

10

Change the signs on both sides of the equation

y

=

10

Check if the solution is in the defined range

y

=

10

,

y

3

,

y

2

y

=

10

Answer:

I think "Product" is the answer. Not really sure.

Nêu mệnh đề phủ định của mệnh đề sau và xét tính đúng sai của mệnh đề phủ định: ∀x∈R:x^{2} ≠ 1

Answers

Answer:

true

Step-by-step explanation:

[tex]existential \: element \: of \: real \: number \: \binom{o}{o} x {}^{2} = 1[/tex]

PLZ HELP I'LL GIVE BRAINY!!!! AND EXPLAIN


For this exponential function,
what is the output value (y),
when the input value (x) is 1?

y = 4.3x



(1, [?])

Answers

you have to plug in the x value to discover the y

y= 4.3 x 1

y = 4.3

so, the ordered pair is (1, 4.3)

hope it helps :)

Answer is y =4.3 that’s all filjkkks

When a certain number is divided by 48,72 or 100 the remainder in each case is 3.... Find the number

Answers

Answer:

The number is 4875

Step-by-step explanation:

cho f(t)=(t-4)u(t-2)phep bien doi laplace la
F(s)=e^-2s/s^2-2e^-2s/s62

Answers

Step-by-step explanation:

cho f(t)=(t-4)u(t-2)phep bien doi laplace la

F(s)=e^-2s/s^2-2e^-2s/s62

I need help in this question

Answers

Answer:

Yes and 60 mi/h

Step-by-step explanation:

The slope of a distance-time graph represents the spped of an object. since the slope has been uniform, the body was travelling with a constant speed that is 120/2=60 mi/h

pls answer quickly before 3:30

Answers

Lol good luck buddy lololololololol

prove that.....cos^2α(cosec^2α-cot^2α)=cos^2α​

Answers

Step-by-step explanation:

We must prove that

cos²a(csc²a-cot²a) = cos²a

If we look at both sides, we can see that we have cos²a * something = cos²a. Therefore, if we can get that something to equal 1, we have our proof. In this case, that something is csc²a-cot²a. Using this information, we can work from within the parenthesis and go from there.

We can start by expanding the items in the parenthesis. Taking that csc(x) = 1/sin(x) and cot(a) = cos(x)/sin(x), we can say that

cos²a(csc²a-cot²a) = cos²a(1/sin²a - cos²a/sin²a). Because both items in the parenthesis have a denominator of sin²a, we can subtract cos²a from 1 to get

cos²a(1/sin²a - cos²a/sin²a)= cos²a((1-cos²a)/sin²a))

Next, we know that cos²a+sin²a=1, so 1-cos²a = sin²a. Plugging that in, we get

cos²a((1-cos²a)/sin²a)) = cos²a(sin²a/sin²a)

= cos²a(1)

= cos²a

Given:
f(x) = -4x + 2
g(x) = 2x^2 + 4x - 5

Find:(f + g)(x)

Answers

Answer:

2x^2-3

Step-by-step explanation:

f(x) = -4x + 2

g(x) = 2x^2 + 4x - 5

(f+g)(x) = -4x + 2+ 2x^2 + 4x - 5

Combine like terms

       = 2x^2-4x+4x+2-5

      =2x^2-3

Answer:

2x ^ 2 - 3

Step-by-step explanation:

f(x) = -4x + 2

g(x) = 2x ^ 2 + 4x - 5

(f + g)(x) = -4x + 2 + 2x ^ 2 + 4x - 5

= 2x ^ 2 - 4x + 4x + 2 - 5

= 2x ^ 2 - 3

I have a/some question(s) for yall,

1. What's the ratio of 30 freshmen to 100 seniors ? as a fraction in simplest form

2.give two equivalent ratios to 1/4

3. Adam has 12 pennies and Selene has 60 pennies whats the ratio of selenes pennies to adams pennies in simplest form?

Answers

Answer:

1. 30:100 = 30/100=3/10

2. 2:8, 3:12

3. 60:12 = 5:1 or 5/1

Step-by-step explanation:

BRAINLIEST graphing question

Answers

Answer:

Step-by-step explanation:

10. A recipe for punch calls for 2 2/3 cups of fruit concentrate
and 6 3/4 cups of water.
How many cups of punch will the recipe make?

Answers

Step-by-step explanation:

Let's change 2 2/3 cups to 4/3 cups and change 6 3/4 cups to 18/4 cups. Okay now we need to find a number 4 and 3 both go into bucause they're the numbers on the bottom or the denominator 4 and 3 both go into 12 so now we put our numerator (the numbers on top) over 12.

The sum is now: 54/12 + 16/12 let's change that to 4 and 4/12 + 1 and 4/12= 5 and 8/12 simplify that to 5 and 2/3

Simplify. (x2+2x-4)+(2x-5x-3)​

Answers

Answer:

Step by Step Solution

More Icon

STEP

1

:

3

Simplify ——

x2

Equation at the end of step

1

:

3

((((2•(x2))-5x)-——)+2x)-3

x2

STEP

2

:

Equation at the end of step

2

:

3

(((2x2 - 5x) - ——) + 2x) - 3

x2

STEP

3

:

Rewriting the whole as an Equivalent Fraction

3.1 Subtracting a fraction from a whole

Rewrite the whole as a fraction using x2 as the denominator :

2x2 - 5x (2x2 - 5x) • x2

2x2 - 5x = ———————— = ———————————————

1 x2

Equivalent fraction : The fraction thus generated looks different but has the same value as the whole

Common denominator : The equivalent fraction and the other fraction involved in the calculation share the same denominator

STEP

4

:

Pulling out like terms

4.1 Pull out like factors :

2x2 - 5x = x • (2x - 5)

Adding fractions that have a common denominator :

4.2 Adding up the two equivalent fractions

Add the two equivalent fractions which now have a common denominator

Combine the numerators together, put the sum or difference over the common denominator then reduce to lowest terms if possible:

x • (2x-5) • x2 - (3) 2x4 - 5x3 - 3

————————————————————— = —————————————

x2 x2

Equation at the end of step

4

:

(2x4 - 5x3 - 3)

(——————————————— + 2x) - 3

x2

STEP

5

:

Rewriting the whole as an Equivalent Fraction :

5.1 Adding a whole to a fraction

Rewrite the whole as a fraction using x2 as the denominator :

2x 2x • x2

2x = —— = ———————

1 x2

Polynomial Roots Calculator :

5.2 Find roots (zeroes) of : F(x) = 2x4 - 5x3 - 3

Polynomial Roots Calculator is a set of methods aimed at finding values of x for which F(x)=0

Rational Roots Test is one of the above mentioned tools. It would only find Rational Roots that is numbers x which can be expressed as the quotient of two integers

1. Which of these is most likely to describe the number of yards lost in a football game?

A. rational number
B. whole number
C. real number
D. integer

Answers

Answer:

Step-by-step explanation:

whole number with the occasional jump into rational numbers when a down like 2nd and 5 1/2 to go.

Can anyone help me with this it’s question 2 help please

Answers

Answer: 2x³ + 2x² + 36

Working:

= (2x + 6) × (x² - 2x + 6)

= 2x³ - 4x² + 12x + 6x² - 12x + 36

= 2x³ -4x² + 6x² +12x -12x +36

= 2x³ + 2x² + 36

Answered by Gauthmath must click thanks and mark brainliest

I cannot see your question it’s blurry send me it

Help anyone can help me do this question,I will mark brainlest.​

Answers

Step-by-step explanation:

GIVEN =

d= 49cm

[tex]\pi = \frac{22}{7} [/tex]

To find = Circumference of a circle

SOLUTION =

CIRCUMFERENCE OF THE CIRCLE = πd

[tex] \frac{22}{7} \times 49[/tex]

= 22 × 7

154cm

the circumference of the given circle is 154cm

Answer:

Step-by-step explanation:

5) diameter = d = 49 cm

Circumference = πd

                         [tex]= \frac{22}{7}*49\\\\= 22 *7\\\\= 154 \ cm[/tex]

6) d = 20 mm

Circumference = π* 20

                         = 20π mm

What type of number is 37 + 1?
Choose all answers that apply:
Whole number
Integer
Rational
Irrational

help

Answers

Answer:

Irrational

Step-by-step explanation:

The constant [tex]\pi[/tex], or "pi", is an irrational mathematic constant that corresponds to a non-terminating (never-ending decimal). Because there are an infinite number of digits in pi, pi cannot be expressed as a fraction and therefore is irrational.

Multiplying or adding a rational number does not make pi rational, and therefore the desired answer is (D) Irrational.

p->q is false and p is true.
q is
a.true
b.false

Answers

Answer:

Choice b. [tex]q[/tex] has to be false.

Step-by-step explanation:

Consider the truth table of [tex]p \implies q[/tex] ([tex]p[/tex] implies [tex]q[/tex]).

[tex]p[/tex] is true and [tex]q[/tex] is true: [tex]p \implies q[/tex] would be true.[tex]p[/tex] is true and [tex]q[/tex] is false: [tex]p \implies q[/tex] would be false.[tex]p[/tex] is false and [tex]q[/tex] is true: [tex]p \implies q[/tex] would be true.[tex]p[/tex] is false and [tex]q[/tex] is false: [tex]p \implies q[/tex] would also be true.

The only combination where [tex]p \implies q[/tex] is false is when [tex]p[/tex] is true and [tex]q[/tex] is false. Hence, the [tex]q\![/tex] here must be false.

Can you help with number 9,10,12

Answers

for question 9 the answer will be in the photo

Determine the sum of the first 19 terms of the following series:

6−12+24−48+

Answers

Answer:

6-12

24-48

6-2424-196dirst 6 multiplied by four same next series

Which of the following is true of the angle shown? Question 10 options:

A) The angle is not in standard position.

B) The terminal side of the angle lies in quadrant II.

C) The measure of the angle is greater than 360°.

D) The angle can be measured in radians only.

Answers

Answer:

The measure of the angle is greater than 360°.

Please help quick! ASAP please!

Answers

Answer:

11.55

Step-by-step explanation:

A ski rental service charges a $12.50 initial
flat rate and then an additional $1.00 per
hour. In this situation, what is the value of
the slope?

Answers

Answer:

1

Step-by-step explanation:

In this situation, the slope is 1.

This is because the ski rental service charges $1 per hour.

The $12.50 initial flat rate represents the y intercept, while the hourly charge is the slope.

So, the value of the slope is 1.

Can anybody help me? Thank you for your answers​

Answers

Answer:

x = 2y

Step-by-step explanation:

we don't need to do complicated trigonometric conversions. just try to express x by a term of y (or vice versa) and look.

so, starting with x = 2y.

if that is the case, then what is our equation looking like ? is it true ?

sin(2y - y)/sin(y) + cos(y - 2y)/cos(y) = 2

sin(y)/sin(y) + cos(-y)/cos(y) = 2

1 + cos(-y)/cos(y) = 2

cos(-y)/cos(y) = 1

cos(-y) = cos(y)

and yes, this is indeed true for all y. cos decreases from 1 to -1 with the increase of the absolute value of the angle from 0 to 180 degrees (meaning we could go up or down the same angle from 0, and cos would be the same), and then increases again to +1 for the increase of the absolute value of the angle from 180 to 360 degrees. and then it all starts again. and again, and again, ...

so, since the original equation is true under the assumption x=2y, this must be the correct option.

ABCD is a parallelogram.
BD is a diagonal.
Not
B
С
W
65°
A
D
Work out the size of angle W

Answers

Answer:

25

Step-by-step explanation:

180-90-65 = 25

Opposite angles are same

On a map, two mountains are 5 7/8 inches apart. If 1/2 of an inch on the map represents 80 miles, then how many miles apart

Answers

Answer:

235 miles

Step-by-step explanation:

80(5 7/8÷ 2)

find the slope and Y_intercept of the line 3x+y-9=0​

Answers

Answer:

slope: -3

y-intercept: 9

Step-by-step explanation:

To find the slope and y-intercept, we can manipulate the equation to slope-intercept form. Slope-intercept form is y=mx+b where m is slope and b is y-intercept.

[tex]3x+y-9=0[/tex]        [subtract both sides by 3x]

[tex]y-9=-3x[/tex]            [add both sides by 9]

[tex]y=-3x+9[/tex]

Now, our equation is in slope-intercept form. We can see that the slope is -3 and the y-intercept is 9.

On a baseball field, the pitcher's mound is 60.5 feet from home plate. During practice, a batter hits a ball 226 feet at an angle
of 39° to the right of the pitcher's mound. An outfielder catches the ball and throws it to the pitcher. Approximately how far does
the outfielder throw the ball?

Answers

Answer:

183.0 ft

Step-by-step explanation:

How many roots does the graphed polynomial function have?
A. 1
B. 2
C. 4.
D. 3 I’m

Answers

Answer:

3 roots

Step-by-step explanation:

The roots are the values of x on the x- axis where the graph crosses x- axis

The graph crosses the x- axis at 3 points, thus has 3 roots

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