teyannaharris1640 teyannaharris1640

08-12-2018
Mathematics

contestada

If 3,000,000 is invested at 6% intrest compounded continuously how much will the investment be worth in 35 years

Respuesta :

Aliwohaish12 Aliwohaish12

08-12-2018

The formula is

A=p e^rt

A future value?

P present value 3000000

e constant

R interest rate 0.06

T time 35 years

A=3,000,000×e^(0.06×35)

A=24,498,509.73

Hope it helps!

Answer Link

russdrew2003 russdrew2003

12-05-2021

Answer:

24,498,509.74

Step-by-step explanation:

Ap Ex Certified

Answer Link

Otras preguntas

do you think cities are good place to bring up children

For the following exercises, determine whether each of the following relations is a function. 2. {(2, 1), (3, 2), (−1, 1), (0, −2)}

please help im literally suffering 3. If the initial pressure of gas inside the balloon was 1.65 atm, what is the new pressure? 4. A weather balloon has a vol

Why was Jonathan going to the mining office? (Civil Peace)

In most change situations, there are factors that will make the job of change more difficult and others that seem to ease the change process. The process by whi

What is the domain of function m based on the graph?

Refer to the ICD-10-CM Official Guidelines I.C.9.a.2 which states: The appropriate code from category ____ should be used as a secondary code with a code from c

What is the value of g(f(x)) when x=-2 if f(x)=x3

Which rectangular equation represents the parametric equations x = t²-4 and y = 2t? Oy = 2(x² + 4) * y = 2(x² - 4) Oy = 2√x+4 O y = 2√√x-4

Helpp plleeaaseee!!!!!!