Bartoclyes Bartoclyes

01-06-2017
Mathematics

contestada

how much money has to be invested at 5.1% interest compounded continuously to have 17000 after 14 years

Respuesta :

arjunpherwani arjunpherwani

01-06-2017

A=P*e^(rt)
So,
17000=P*e^(0.051*14)
Therefore, P=17000/(e^(0.051*14))
P=8324.57 approx.

Answer Link

maryclaire01 maryclaire01

02-03-2019

Answer:

Apex: 8324.59

Step-by-step explanation:

Answer Link

Otras preguntas

The concept of protected rights began with: A) the Magna Carta B) Enlightenment C) English Bill of Rights D) Great Awakening

A bus travels 20 km in 30 minutes. what is the average speed of the bus?

What animals may be found in each zone?—be specific on listing them •Upper •Middle •Lower

What is the value of the 4 in 6.54

Ideas are a. the way words and phrases are used to tell the story b. the descriptive words and phrases make the writing interesting c. the key elements of the s

I need to write the number 36 in expanded form

What does a hero usually do shortly before embarking on his quest?

When is the absolute value of a difference equal to the difference of the absolute values?

What were three features of shang culture?

Describe how insulation works and the role it plays in keeping our homes at a comfortable temperature.