03-01-2019
Mathematics

contestada

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

Respuesta :

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

what is a large molecule made up of smaller molecules called amino acids

A data center has recently updated a physical server to host multiple operating systems on a single CPU. The data center can now provide each customer with a se

Which of the following represents the correct order in which the indicated budget documents for a manufacturing company would be prepared? A. Sales budget, cash

8) Lucy is 48 inches tall. Charlie is x inches taller. Which expression represents Charlie's height? A 48x B 48 + x C 48 – x D 48/x

Which of the following is NOT an environmental condition you need to consider when planning an outdoor activity?

The monthly cost of driving a car depends on the number of miles driven. Lynn found that in May it cost her $494 to drive 380 mi and in June it cost her $638 to

A construction worker is blacktopping a driveway. He blacktops 35 1/2 square. Xyd2/hr yards in 5/6 hour. How many square yards can he blacktop per hour.

Which one of the following statements is NOT true? a. The value of a dollar invested at a positive interest rate grows over time. b. The further in the future

You are not required to stop for a school bus traveling toward you when there is a median that is a minimum of ____feet in width between the bus and your vehicl

x = {(2,4), (3, 4), (4, 4), (5, 4)} Is x a function and why? No, each set of ordered pairs in this list has the same second element Yes, there is more than one