yafreizi
yafreizi yafreizi
  • 01-06-2021
  • Mathematics
contestada

How much should you invest at 4.8% compounded continuously to have $5000 in 2 years?

Respuesta :

cadencem20
cadencem20 cadencem20
  • 01-06-2021

Answer:

The total compound interest is $502.74 i think

Step-by-step explanation:

Answer Link
halimanadama864
halimanadama864 halimanadama864
  • 01-06-2021

24/5

[tex] \frac{24 \times 5000 }{5 \times100 } = \frac{240 \times 5000}{100} = 240 \times 50 = 12000 =12000 + 240 = 12240 [/tex]

Answer Link

Otras preguntas

what is the difference between a monarchy and dictator
Could a mixture be made up of only elements ?
125 centimeters to 87.5 centimeters
what is the percentage of 15 out of 75
Alex is thinking of a doubles fact. The sum is greater than the sum of 7+7 but less than the sum of 8+9. What fact is Alex thinking of?
In triangle ABC , angle A is a right angle and angle B = 45. If AB = 19 feet, what is BC?
Most new workers in the labor force are men true or false?
if a=2,c=4 e=-6 then 3a-3(2c-e)
5 equals blank divided by 7
equation for the points (3,8) (2,6) on slope