amberheyward13 amberheyward13

03-07-2020
Mathematics

contestada

Jamie is investing $47,000 in an account paying 9.26% interest compounded continuously. What will Jamie's account balance be in 17 years?

Respuesta :

sqdancefan sqdancefan

02-04-2021

9514 1404 393

Answer:

$226,863.29

Step-by-step explanation:

The amount is given by ...

A = Pe^(rt)

where principal P is invested at annual rate r for t years.

A = $47,000×e^(0.0926×17) ≈ $226,863.29

Answer Link

elephantlover1288 elephantlover1288

05-04-2021

Answer:

the answer is $226,863.29

Answer Link

Otras preguntas

Who were the Britons fighting against in the middle ages?

People who have an extra X chromosome could have gotten it through (A) nondisjunction. (B) transposition. (C) transduction. (D) crossing over. (E) all of the ab

You can divide any parallelogram into two matching triangles. How is this useful?i need to know this answer right now please

what type of monkey starts with an h?

find the sum of 3b/b+2 and 12/b+2 and express it in simplest form

a meter stick casts a shadow 1.4 m long at the same time a flagpole casts a shadow 7.7 m long. The triangle formed by the meterstick and its shadow is similar t

The golfer hits the golf ball. The quadratic y=-8*x^2 +48*x gives the time x seconds when the golf ball is at height 0 feet. In total, how long is the golf ball

how do you say I want a bowl of soup in spanish

How do you solve x²-10x+9=0 by completing the square?

what two large alliances took shape before the beginning of world war 1