peter put $8,000 into a savings account that pays 6% interest, compounded continuously. what will he have after 5 years?

Question

01-05-2018
Mathematics

contestada

peter put $8,000 into a savings account that pays 6% interest, compounded continuously. what will he have after 5 years?

Respuesta :

Otras preguntas

Sara enters into a contract to sell her vacation condo to Ted for a certain price on a specific day. On that day, Sara unconditionally offers to perform. Sara’s

If you were writing a two-column proof proving that ANQP APON, which of the following statements would have "reflexive property of congruence" as its reason? A.

As a result of bringing the monster to life , Victor: A). Is expelled from the university B). Becomes ill and almost dies C). Decides to dedicate his life to

Please answer this question asap.

to which of your senses do the images in Line 1 and 4 appeal in Sonnet 18

One number is 32 more than another. Their product is −256.

As a block falls through the air by 40 meter it does work equal to -1800 joule. Determine the mass of a block.

Find, to the nearest tenth, the area of a triangle ABC if angle B = 35o, a = 12 m and c = 17m.

pls help ill give brainliest and 5 starrs

TheGreatWulfbite TheGreatWulfbite · Answer 1 · 2018-05-01T16:27:39+02:00

TheGreatWulfbite TheGreatWulfbite

01-05-2018

So, continuous compound formula is:
[tex] Pe^{rt} [/tex]
P is Principal Amount
r is Rate
t is Time
P is 8000
r is 6%
t is 5
Therefore, you get $10,798.86.

Answer Link