A0shabirdililawsonl A0shabirdililawsonl

08-05-2017
Mathematics

contestada

You invest $1500 in a bank account that has a 3% annual interest rate, compounded continuously. How much will you have in 15 years?

Respuesta :

wolf1728 wolf1728

08-05-2017

We use the formula:
Total = Principal * e ^ (rate * years)
Total = 1,500 * e ^ (.03 * 15)
Total = 1,500 * e ^ .45
Total = 1,500 * 1.5683121854
Total = 2,352.47

Ver imagen wolf1728

Answer Link

Otras preguntas

solve this please give the correct answer

What the correct answer

Simply. Who ever answers this will be marked Brainlist.

Which contingency of power are unions mainly applying by going on strike at a critical time in the company's business cycle

While balancing a chemical equation, we change the _____ to balance the number of atoms on each side of the equation.

Assume that adults have IQ scores that are normally distributed with a mean of and a standard deviation . Find the probability that a randomly selected adult ha

What is the slope of a line perpendicular to y=-7/4xO A.INO B.7O c.4-O D.74

Draw a structure for an alcohol that exhibits a molecular ion at M+ = 88 and that produces fragments at m/z = 73, m/z = 70 and m/z = 59.

A foot is 12 inches and a mile is 5280 ft, exactly. A centimeter is exactly 0.01m or mm. Sammy is 5 feet and 5.3 inches tall. What is Sammy's Height in inches?

PLS HELP ASAP:Find all the missing elements: