if you deposit $1,000 in an account that pays 6% annual interest compounded continuously what will the balance be after 5 years
a.$1,232.06
b.1,349.86
c.29,803.91
d.1,932.06

Answers

Answer 1

Answer:

[tex]1000 {e}^{.06 \times 5} = 1349.86[/tex]

The correct answer is B.

Answer 2
Final answer:

After 5 years with continuous compounding at 6%, $1,000 will grow to approximately $1,349.86.

Explanation:

To find the future value of an account with continuous compounding, we use the formula:

A = Pe^(rt)

where:

A is the amount of money accumulated after n years, P is the principal amount (the initial amount of money), e is the number approximately equal to 2.71828, r is the annual interest rate (in decimal form), and t is the time in years.

In your case:

P = $1,000, r = 6% (or 0.06 in decimal form), and t = 5 years.

So plug these values into the formula:

A = $1,000 * e^(0.06*5)

After you calculate this, you'll find that the value of A is approximately $1,349.86. Therefore, after 5 years, your balance would be $1,349.86 so the answer is (b).

Learn more about Interest Compounded Continuously here:

https://brainly.com/question/34805569

#SPJ3


Related Questions

Don’t mind the writing. Just trying to see if this is right?

Answers

Answer:


Step-by-step explanation:

Yep you are 100% correct grate job!!

All correct! I learned this a couple years ago and still use it! Soo, I’ve had practice. It’s all correct! Great job! And btw, I hope you have a great day!

he table shows the total cost for different numbers of jackets. Number of Jackets 2 5 7 Total Cost ($) 46.50 116.25 162.75 What is the cost of 3 jackets?

Answers

Answer:

$69.75

Step-by-step explanation:

2 jackets cost $46.50 and 5 jackets cost $116.25

The different between 5 and 2 is 3.

So the cost of 3 jackets would be  =$116.25 - $46.50

                                                        = $69.75

Anna, Ivan and Elena are running for class president. On Thursday night Anna had 20% of the votes, Ivan had 35% of the votes and Elena had 45% of the votes. On Friday, final votes were added to the counts and all of them favored Elena. If in the end Anna had 16% of all votes, what percent of the voters chose Ivan?

Answers

Answer:

28%

Step-by-step explanation:

On Thursday night Anna had 20% of the votes, Ivan had 35% of the votes and Elena had 45% of the votes. You can take the number of total votes on Thursday equal to 100, then Anna had 20 votes, Ivan had 35 votes and Elena had 45 votes.

Let x be the number of votes added on Friday. All of them favored Elena, then Elena in total had 45+x votes and the number of all votes became 100+x. In the end Anna had 16%, then

100+x - 100%,

20 - 16%.

Write a proportion:

[tex]\dfrac{100+x}{20}=\dfrac{100}{16},\\ \\16(100+x)=2000,\\ \\1600+16x=2000,\\ \\16x=400,\\ \\x=25.[/tex]

Find the percent of the voters that chose Ivan:

125 - 100%,

35 - y%.

Write a proportion:

[tex]\dfrac{125}{35}=\dfrac{100}{y},\\ \\125y=35\cdot 100,\\ \\y=\dfrac{35\cdot 100}{125}=\dfrac{35\cdot 4}{5}=7\cdot 4=28\%.[/tex]

Can someone help with the first question

Answers

There are 60 seconds in one minute and 120 seconds in two minutes. The rocket drops 15 feet every second.

120 x 15 = 1800

After two minutes, the rocket was at 11400 feet.

11400 + 1800 = 13200

The rocket's initial elevation was 13200 feet

Answer options are A,B,C. Please help ASAP!!

Answers

I think the answer is

1) B

2) C

3) A

hopes this helps ;)

solve the system by adding or subtracting:
-3x-3y=9
3x+8y=6

Answers

Answer:

x=-6,  y=3

Step-by-step explanation:

I will use elimination to eliminate the x variable.

Add the two equations.

-3x-3y=9

3x+8y=6

-------------------

   5y  = 15

Divide each side by 5

5y/5 = 15/5

y=3

Now we need to find x

3x+8y=6

Substitute y=3

3x+8*3 =6

3x+24=6

Subtract 24 from each side

3x+24-24 = 6-24

3x = -18

Divide each side by 3

3x/3 = -18/3

x=-6

What is the hypothesis of the following conditional statement: If a quadrilateral has 4 right angles, then the quadrilateral is a rectangle.

f a quadrilateral has 4 right angles.

A quadrilateral has 4 right angles.

Then the quadrilateral is a rectangle.

The quadrilateral is a rectangle.

Answers

That answer is a quadrilateral has 4 right angles. yeah
Final answer:

The hypothesis of the conditional statement given is a quadrilateral has 4 right angles.

This is the 'If' part of the 'If P then Q' structure of a conditional statement.

Explanation:

In a conditional statement in logic, the statement is usually given in the form 'If P then Q'. Here, 'P' is called the Hypothesis, and 'Q' is the Conclusion. In the statement 'If a quadrilateral has 4 right angles, then the quadrilateral is a rectangle', the Hypothesis (P) is a quadrilateral has 4 right angles. So, to answer your question, the hypothesis of this conditional statement is that a quadrilateral has 4 right angles.

Learn more about the Hypothesis here:

https://brainly.com/question/36678004

#SPJ2

Which polygon has the most sides?

Answers

Answer:

It has 20 regular triangular faces, 30 square faces, 12 regular pentagonal faces, 60 vertices, and 120 edges.

Step-by-step explanation:

hope this helped


Find the slope of the line. Write your answer in simplest form.

Answers

Answer:

1/6

Step-by-step explanation:

The rise is 1 and the run is 6

Calculate the difference between the compound interest and simple
interest on ₹20,000 in 2 years at 8% per annum.

Answers

Answer: ₹128


Step-by-step explanation:

To work out the simple interest, you need to work out 8% of ₹20,000 for 2 years, which is 1.08 * ₹20,000 = ₹21,600 in the first year and ₹23,200 in the second year

To work out the compound interest, you need to work out 8% of the new value

1st year: ₹21,600

2nd year: 8% of ₹21,600 = ₹23,328

The difference is ₹23,328 - ₹23,200 = ₹128

x < 4 and x > -3: I need this in interval notation please.

Answers

x > -3 and x < 4

in interval notation

[tex]x\in(-3,\ 4)[/tex]

>; < - a open circle on the number line and the parenthesis ( or )

≥; ≤ - a filled-in circle on the number line and the parenthesis  [ or ]

The Rawlins family has travelled 600 km on their vacation. This has taken them 8 hours. If they continued at the same rate, how long will it take them to complete their journey if the total distance to be travelled is 2100 km?
A. 20 hours
B. 28 hours
C. 26 hours
D. 12 hours

Answers

Answer:

B. 28 hours

Step-by-step explanation:

GIVEN :- Time taken by family to travel 600 km is 8 hours

CALCULATIONS :-

To calculate the time to travel 2100 km, we need to calculate distance traveled in 1 hour

Distance traveled in 1 hour = 600 km ÷ 8

                                             = 75 km

Time required to travel 2100 km = 2100 ÷ 75

                                                        = 28 hours

Therefore time required to travel 2100 km is 28 hours.


Final answer:

The Rawlins family, traveling at a speed of 75 km/hour, will take a total of 28 hours

Explanation:

To determine the travel time for the remaining distance of the Rawlins family's journey, we use the formula

time = distance / speed. First, we need to find the family's speed during their trip. They have travelled 600 km in 8 hours, so their speed is

600 km / 8 hours = 75 km/hour.

Next, we calculate the time it would take to travel the total distance of 2100 km at this speed. So,

time = 2100 km / 75 km/hour. Upon performing the calculation, we get 28 hours. Therefore, if they continue at the same speed, the total travel time for the entire journey would be 28 hours.

What is the solution to the system of equations shown below? Be sure to list your solution as an ordered pair in the form (x,y)

Answers

On the graph, the solution to the system of equations is the point of intersection (the point where the lines meet)


So the solution is (-4, 3)

Answer:

The solution for the system is [tex](-4,3)[/tex], that is, [tex]x=-4[/tex] and [tex]y=3[/tex].

Step-by-step explanation:

The solution of a system of equations can be find by using different methods, one of them is the graphic method, which is the one aplied to this problem.

When we use the graphic method to solve a system of equations, the interception point of both line represents the solution of such system.

Therefore, in this case, the solution for the system is [tex](-4,3)[/tex], that is, [tex]x=-4[/tex] and [tex]y=3[/tex].

The bowling club at your school had a car wash last week.
They washed 72 cars in 6.5 hours.

About how many cars did they wash per hour?

Answers

Answer:

This is approximately 11 cars per hour

Step-by-step explanation:

We want to find the the cars per hour so we will divide cars/ hour

72 cars/6.5 hours

11.07692308 cars per hour

This is approximately 11 cars per hour

Answer:

11.08 cars per hour      Please give brainliest.

Step-by-step explanation:

72 ÷ 6.5 = 11.076  = 11.08 cars per hour

What's the distance between the points (–9,2) and (–4,2)?

Answers

Final answer:

The distance between the points (–9,2) and (–4,2) is 5 units, calculated as the absolute difference between the x-coordinates since the y-coordinates are equal.

Explanation:

The distance between the points (–9,2) and (–4,2) can be found using the distance formula, which is derived from the Pythagorean theorem. For two points (x1, y1) and (x2, y2) the distance is given by √((x2 - x1)² + (y2 - y1)²). However, because the y-coordinates of the points are the same, we can simplify this to the absolute value of the difference between the x-coordinates.

In this case, the distance is |(–4) - (–9)|, which simplifies to 5 units. There's no need to calculate a square root because there is no vertical change between the points.

A 10.5 ounce package costs $2.98 a 27.8 ounce package costs $8.99 which is the better deal based on the unit price...

Answers

2.98 ÷ 10.5 = .28
8.99 ÷ 27.8 = .32

The 10.5 ounce package is the better deal. It is 4 cent per ounce less expensive.

WILL MARK AS BRAINLIEST IF CORRECT!

What is the distance between (0,0) and (3,4)

a. 5
b. 4
c. 3
d. 2

Answers

Answer:

Your answer is A:5


A model is created to show 5 thousands blocks, 4 hundreds blocks, and 9 ones blocks. How would this number be written in standard form?

Answers

Answer: 5,409

Step-by-step explanation: Five thousand blocks is equivalent to 5,000. Four hundred blocks is equivalent to 400. Nine ones is equivalent to 9. In standard form, this number is five thousand four hundred and nine (5,409).


solve equation for x

Answers

Question

solve equation for x


Answer:

-3/2

Step-by-step explanation:


1/4 - 2/3x = 3/4 - 1/3x

1/4 - 3/4 = 2/3x - 1/3x

-2/4 = 1/3x

x = -2/4 : 1/3

x = -2/4 * 3

x = -6/4 semplified -3/2


mrs tran mowed 1/4 of the lawn. her son mowed 2/5 of it. who mowed more. how much of the lawn still need to be mowed

Answers

Answer:

Her son mowed more and 7/20 need to be mowed

Step-by-step explanation:

1/4 x 5 = 5/20 - Mrs Tran

2/5 x 4 = 8/20 - her son

20/20 - 13/20 = 7/20 needs to be finished

Her son mowed more he mowed 8/20 and she mowed 5/20.

The ages of Anjali and Aditya are in the ratio 3: 4.Eight years later sum
of their ages will be 44 years. What are their present ages

Answers

Answer:

12 years and 16 years

Step-by-step explanation:

their ages are in the ratio 3 : 4

let Anjali = 3x and Aditya = 4x ← present ages

In 8 years then

Anjali = 3x + 8 and Aditya = 4x + 8, hence

3x + 8 + 4x + 8 = 44 ← sum of their ages in 8 years

7x + 16 = 44 ( subtract 16 from both sides )

7x = 28 ( divide both sides by 7 )

x = 4

Anjali is 3x = 3 × 4 = 12 years old and Aditya = 4x = 4 × 4 = 16 years old



Estimate the sum or difference. Use the benchmarks,0, 1/2, and 1.
23/40- 11/30
A.0
B.1
C.1/2

Answers

Answer:

A. 0

Step-by-step explanation:

23/40 is approximately 1/2.

11/30 is approximately 1/2.

Sine 1/2 - 1/2 = 0, then 23/40 - 11/30 is approximately 0.

Final answer:

By converting the given fractions to a common denominator and performing subtraction, the result falls closest to the benchmark of 0. Hence, the estimated sum or difference of 23/40 and 11/30 is 0.

Explanation:

The given problem is 23/40 - 11/30 and the student has to estimate the result using the benchmarks 0, 1/2, and 1.Steps to resolve the problem:

First, convert both fractions to a common denominator. The smallest number that both 40 and 30 divide into evenly is 120. Therefore, we multiply 23/40 by 3/3 to get 69/120, and 11/30 by 4/4 to get 44/120.Then, subtract the fractions: 69/120 - 44/120 = 25/120.Here, 25/120 is close to 1/4.

The benchmark that is closest to 1/4 is 0. So, the estimated sum or difference would be 0.

Learn more about Estimating Sums and Differences here:

https://brainly.com/question/18879432

#SPJ3

A store sells four 1 1/8-pound ears of corn in a package for $3.59. The expression 3.59p represents the cost of the corn for a number of packages. What does the variable p represent? PLZZ HELPP

a. The number of ears of corn purchased


b. The cost of one package of corn


c. The number of packages of corn purchased


d. The cost of one ear of corn

Answers

The answer would be c. the number of packages of corn purchased

Answer:

c. The number of packages of corn purchased.

Step-by-step explanation:

We have been given that a store sells four 1 1/8-pound ears of corn in a package for $3.59. The expression [tex]3.59p[/tex] represents the cost of the corn for a number of packages.

Since the cost of each package of corn is $3.59 and [tex]3.59p[/tex] represents the cost of 'p' packages of the corn. So 'p' represents the number of packages of corn purchased.

Upon looking at our given choices, we can see that option C is the correct choice.

The graph shows a proportional relationship between the number of kilometers traveled by a bicycle (y) and the number of minutes (x).
PLS HELP ASAP! WILL GIVE BRAINLIEST TO CORRECT ANSWER!

Answers

Answer:

0.33 Km/Min

Step-by-step explanation:


Solve. |x+5|>12 Help it would be great

Answers

Answer:

x < - 17 or x > 7

Step-by-step explanation:

Inequalities of the form | x | > a always have solutions of the form

x < - a or x > a

For | x + 5 | > 12, then

x + 5 < - 12 or x + 5 > 12 ( subtract 5 from both sides of the inequalities )

x < - 17 or x > 7


I used an RX savings card The prescription normally would be $11.00 With the free discount card I only paid $7.00. What was my percentage of savings using the free Rx savings card?

Answers

Answer:

  =36.36 percent

Step-by-step explanation:

First we need to determine what you saved

11-7 = 4

You saved 4 dollars

Percentage of savings = savings /original price * 100

                                      = 4/11 * 100

                                       =36.36 percent

Final answer:

You saved $4.00 using an RX savings card on a prescription that originally cost $11.00. To find how much you saved in percentage terms, you divide the amount saved by the original cost and multiply by 100. In this case, you saved approximately 36.36%.

Explanation:

You are asking about the percentage savings when using a free RX savings card. To get the savings percentage, you first need to know how much money you saved. In your case, you would have paid $11.00, but you only paid $7.00 with the RX savings card. That means you saved $11.00 - $7.00 = $4.00.

Next, to find the savings as a percentage, you divide the amount saved by the original cost, then multiply by 100 to get a percentage. Here's the calculation:

Savings Percentage = ($4.00 / $11.00) * 100

Doing the division first (4 ÷ 11 = 0.3636), then multiplying by 100, you saved approximately 36.36% with your RX savings card.

Learn more about Percentage Savings here:

https://brainly.com/question/31888488

#SPJ12

Which set represents a pythagorean triple
A) 1, 2, 3
B) 9, 12, 16
C)30, 40, 50
D)38, 44, 49
Please help!

Answers

Answer:

30, 40, 50 which is choice C

Step-by-step explanation:

Square the smaller two values (30 and 40)

30^2 = 900

40^2 = 1600

then add those results

900+1600 = 2500

Notice how 50^2 = 2500 as well. This shows us that 30^2 + 40^2 = 50^2 is a true equation. Both sides lead to the same result 2500. Therefore, a triangle with sides 30, 40, 50 is a right triangle. This is based on the 3-4-5 pythagorean triple, just each side has been multiplied by 10.

The set that represents a Pythagorean triple is 30, 40, 50. Hence, the correct option is C.

Pythagorean triples are sets of three numbers that satisfy the Pythagorean theorem, a² + b² = c², where a, b, and c are the lengths of the sides of a right triangle. To determine which set represents a Pythagorean triple, we need to check if the set's numbers satisfy this theorem.

Looking at the options:

A) 1, 2, 3 does not form a Pythagorean triple.

B) 9, 12, 16 does not form a Pythagorean triple.

C) 30, 40, 50 does form a Pythagorean triple because 30² + 40² = 900 + 1600 = 2500 = 50².

D) 38, 44, 49 does not form a Pythagorean triple.

Therefore, the set that represents a Pythagorean triple is C) 30, 40, 50.

43.017 round to the nearest hundredth

Answers

Answer:

43.02

Step-by-step explanation:

Note the hundredth place value (underlined and bolded): 43.017

Look at the place value directly to the right of the one you are solving for (thousandth place value). It is a 7. Because 7 is greater than 5, round up

43.017 rounded to the nearest hundredth is 43.02

~

Answer:

43.02

Step-by-step explanation:

tens  ones.  tenths hundredths  thousandths

4          3     .   0          1                   7


The one is in the hundredths place, so we need to look at the 7

7>= 5 so we need to round the 1 up to 2

43.017 rounds to 43.02

NO ONE CAN Answer this!!!


Jaylan makes limeade using 3/4 cup water for every 1/5 cup of lime juice. Wanchen makes limeade using 2/3 cup of water for every 1/6 cup lime juice. Find the unit rates of water (cups) per lime juice. Whose limeade has a weaker lime flavor? Explain.

Answers

Jaylan : Water/Juice=(3/4)/(1/5)=15/4

Wanchen : Water/Juice=(2/3)/(1/6)=4/1 or 16/4


Wanchen has a weaker lime flavor because there is more water in her mixture than Jaylan's limeade. Both have the same amount of lime juice (assuming ratio), and Wanchen has more water, making Wanchen have the limeade that has the weaker lime flavor.




I am a two digit odd number less than fifty. The sum of my digits is seven and my root is 5. What number am I?

Answers

Answer: 25


Step-by-step explanation:


Other Questions
HELP!! I'M SOBBING!Water is important to living creatures. They need water to move nutrients into cells and to help them move wastes and toxins out of the body. How do living animals obtain their water?A)bathingB)drinkingC)rainD)swimming The polar form of this is? How might trawling affect marine biodiversity? A gumball machine has 420 red gumballs. If the red gumballs are 75% of the total number of gumballs, how many gumballs are in the gumball machine? Which of these has a lower frequency than visible light?A.gamma raysB.ultraviolet raysC.infrared raysD.X-raysplz hurry Please help: this is due in 15 minutes and showing the work is needed 2 NH3 + 2 O2 N2O + 3 H2O If 80.0 grams of O2 are reacted in the above reaction, how many grams of N2O will be produced (MM O2=32 g/mol; NH3=17.04 g.mol, N2O=44.02 g/mol, H2O=18.02 g/mol)?29.1 g67.6 g55.0 g165 g what are the apparent zeros of the function graphed above. (-0.7, -2,7) What is the value of the expression? (3)3+6312 Enter your answer in the box. MACBETH. Bring me no more reports; let them fly all! Till Birnam Wood remove to Dunsinane I cannot taint with fear. Whats the boy Malcolm? Was he not born of woman? The spirits that know All mortal consequences have pronounced me thus: Fear not, Macbeth; no man thats born of woman Shall eer have power upon thee. What is the main idea of the lines spoken by Macbeth from Act V of The Tragedy of Macbeth by William Shakespeare? Macbeth is worried that he is losing heart in the face of the upcoming battle. Macbeth knows that Birnam Wood is approaching and his end is near. Macbeth is confident that the witches prophecies are true and nothing can harm him. Macbeth knows that Malcolm was ripped from his mothers womb and can therefore harm him. in the story "black girl," Madame expresses all of the following toward Diouana except a. Condescension b. generosityc. hostilityd. motherliness F(x) = x2 + 3x + 2 is shifted 2 units left, the result is g(x). What is g(x)? PLEASE HELP ASAP!!! CORRECT ANSWERS ONLY PLEASE!!What is the value of x? What traits can you demonstrate to be kind of leader people want to obey? A. Responsibility.B. Aptitude.C. Planning skills.D. Competency.E. Analytical skillsThe answers are more than ones PLEASE ANSWER IM SO CONFUSED XC 1.What belief United the progressive movement? A) that societys problems could be solved B) The education needed reform C) that there should be a federal income tax D) political bosses should not hold office 2. (Last one) What was the main reason for the creation of the civil service system in the late 1800s? A) Government jobs should not be filled by employees who are in them for life B) Government jobs should be awarded people who support the person in power C) Government jobs should be filled by people take a test and are found be qualify for the job D) Government jobs should be filled by people who can only do manual labor Which of the following BEST describes the diffusion of Protestantism? Protestantism began in Russia before spreading to Germany and the rest of Europe. Protestantism spread from the Middle East before finding a home in Rome. Protestantism began in Germany, spread through Europe, and then spread to other continents. Protestantism began in England and spread to North and South America. Protestantism spread from Spain and Portugal to the west coast of Africa. factor 4x^2+81 over the set of complex numbers chief god of the Greeks A video streaming service offers unlimited movies for 15 dollars a month or 1.99 per movie. Which offer is better Brahe's German assistant Steam Workshop Downloader