Find the value of an investment of $15,000 for 13 years at an annual interest rate of 4.55% compounded continuously.

Answers

Answer 1

Answer:

A = $27100.5

Step-by-step explanation:

We are given;

Principal: P = $15,000

Interest rate: r = 4.55% = 0.0455

Time in years: t = 13 years

The formula for the value of the investment after t years of continuous compounding is;

A = P(e^(rt))

A = 15000(e^(0.0455 × 13))

A = 15000 × 1.8067

A = $27100.5


Related Questions

This is for fun type as many Christmas songs as you can below my fav will get brainiest you will get 18 points as well.
again this is for fun and also HURRY UP AND TYPE only 2 users get to do this

Answers

We wish you a Merry Christmas

Jingle Bells

Mary did you know

Where are you Christmas

Sleigh Ride

Last Christmas

Rocking Around the Christmas tree

Santa Baby

Mistletoe

The Little Drummer Boy

All I want for Christmas is you

Santa Tell me

Peace on Earth

Grandma got ran over by a reindeer

God rest ye merry gentlemen

Little Saint Nick

Underneath the tree

A Merry little Christmas

Do you hear what I hear

Hallelujah

Christmas in the Hollis

We need a little Christmas

Home for Christmas

Oh holy night

Blue Christmas

Silent Night

A Christmas Carol

White Christmas

Feliz Navidad

Charlie Brown Christmas

When a Child was born

Rudolph the rednosed reindeer

We three kings

Santa Claus is coming to town

Carol of the bells

Silver bells

Joy to the world

Angels we have heard on high

Baby it's cold outside

Step-by-step explanation:

Serena and Stacey are professional hairdressers who work at two different beauty salons in the city. Serena works for 8 hours and earns $112 Stacey is paid $75 for 5 hours of work. Who makes more money per hour?

Answers

Answer:

The answer is stacy.

Step-by-step explanation:

if you do 112 divided by 8 you get 14

if you do 75 divided by 5 you get 15

Stacey makes more because $75/5h=15$/h and $112/8h=14$/h

The enrollment at a university increased from 16,000 students to 20,000 students over a period of 5
years. What is the percent increase in enrollment?
difference
net/

Answers

Answer:

25%

Step-by-step explanation:

Initial no of students = 16,000

Final no of students = 20,000

We need to find the percent increase in enrollment.

The increase in no of students = 20,000 - 16,000

= 4000

Percentage = (increase/initial no of students) × 100

[tex]\%=\dfrac{4000}{16000}\times 100\\\\=25\%[/tex]

Hence, the percent increase is 25%.

test due tomorrow pls helpp!!

Answers

5 and 2

Hope this helps

what's the constant of proportionality of 1.08p=t

Answers

Answer:

1.08 is the constant of proportionality.

Step-by-step explanation:

The constant value (often written k) relating amounts that rise or fall uniformly together.

It is the ratio of the amounts y and x:

k = y/x

Put another way: y = kx

Example: you are paid $20 an hour

The constant of proportionality is 20 because: Pay = 20 × Hours worked

Linda’s container of cranberry juice holds 200 millimeters. Harry’s container holds 7/8 as much juice. How many millimeters of cranberry juice do two containers hold?

Answers

The answer is 375..........

Carrie May 27 of 40 shots. what percent of shots did she make?

Answers

Answer:

67.5%

Step-by-step explanation:

NEED HELP FINDING AVERAGE SPEED PLEASE HELP!!!!

Answers

Answer:

124 mph (200 km/h) (for a small plane) .  621 mph (1.000 km/h) (airliner) .  1243 mph (2.000 km/h) (jet) .

Step-by-step explanation:

15z-7=14z+12 What does Z equal​

Answers

Answer:

19

Step-by-step explanation:

15z-14z=12+7

z=19

image to help also needed asap :/

Answers

Answer:

Its c/2

Step-by-step explanation:

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Which expressions are equivalent to 2^−4·2^2?

1) −1/4
2) 4
3) 1/2^2
4) -4
5) 1/4
6) 2^-2
7) 2^2

Answers

Answer: the answer is 6)

Step-by-step explanation:

Because [tex]2x^{-4}[/tex] . [tex]2x^{2}[/tex] = [tex]2x^{-4+2}[/tex] = [tex]2x^{-2}[/tex]

I hope it right

Solve for x in each of the following diagrams. ​

Answers

In the left one x equals 12.9 and on the right one x equals 11

Help which is the right one?

A) SSS
B) ASA
C) SAS
D) SSA

Answers

It’s definitely SSS.....

Find the unit rate. Round to the nearest hundredth, if necessary.

$5.99 for 18 lb

The unit rate is ?/b

Answers

the answer for this is 3.0

Marshall is choosing an outfit to wear on Friday night he has four choices for his shirt two choices for his pants and three choices for his shoes how many different outfits can Marshall make

Answers

Answer:

6

Step-by-step explanation:

hehdhrhrhrhrbrhhffh

Qwin bought a shirt that was on sale for $23.00. The sales tax rate was 7%. Use this information to fill in the statement below.

Answers

Pizza pizza pizza pizza pizza

Answer:

24.61

Step-by-step explanation:

7% of 23 is 1.61

so add 1.61 to 23 = 24.61

Which of the following uses properties of operations to help find 34 x 12?
(30 + 4) X (10 + 2)
30 x 4 x 10 x 2
30 + 4 + 10 + 2
34 + 12

Answers

Answer:

the first one is your answer

Step-by-step explanation:

please help me asap​

Answers

Answer:

Not sure what number sense is, but 3 is the answer.

Step-by-step explanation:

Answer:

the answer would be 3.

Step-by-step explanation:

5 times 3 is 15 plus 40 is 55. Hope this helps!!! Please let me know if i'm right!!!

plz help me this is a final!!!

Answers

Answer: (a) 10 (b) 1. 10 2. -10 (c) 1. 10 2. 10

Step-by-step explanation:

solve the system of equations using the of substitution 8x+4y=15, x+y=3​

Answers

Hi there!

[tex]\large\boxed{x = \frac{3}{4}, y = \frac{9}{4}}}[/tex]

8x + 4y = 15

x + y = 3

Use the second equation to solve for a particular variable since it is easier to isolate. We can begin by solving for y:

x + y = 3

Subtract y from both sides:

x = -y + 3

Substitute in this expression for x into the other equation:

8(-y + 3) + 4y = 15

Distribute and simplify:

-8y + 24 + 4y = 15

-4y + 24 = 15

-4y = -9

y = 9/4

Substitute in this value of y to solve for x:

8x + 4(9/4) = 15

8x + 9 = 15

8x = 6

x = 6/8 = 3/4

The values respectively are:

x = 3/4, y = 9/4

A study of the career plans of young women and men sent questionnaires to all 722 members of the senior class in the College of Business Administration at the University of Illinois. One question asked which major within the business program the student had chosen. The researcher examined the relationship between gender (men/women) and chosen major. The SPSS p-value was 0.0027. The conclusion of the statistical test is:

Answers

Answer: statistically significant

Step-by-step explanation:

The p-value of a statistical test tell us the conclusion to our hypothesis. When the result of the p-value lies between 0.27 it means there is a 27% chance of it occurring, when it is at 0.02 it means there is a 2% chance of it occurring. When it lies between 0.0027 it means there is 0.27 chance of it occurring this becomes statistically significant as this won’t have much changes or effects on the hypothesis. So what this means is there is chance it won’t occur.

Which of the following statements best describes the location of −(−1) on a number line?

Answers

Answer:

1 unit to the right of 0

Step-by-step explanation:

Well if you distribute the - into the (-1) than you should get a positive becuase -1*-1 is positive 1. So it would be right next to 0 to the right.

The weather man predicted there would be 16 inches of snowfall. When measures, there was only 14 inches of snowfall. What percent was the weather man off by?

Answers

Answer:80%

Step-by-step explanation:

Guys I need some help

Answers

The answer is c your welcome

Simplify: 2 (5 + 3x) + (x + 10)

Answers

10 + 15x + x + 10
= 16x + 20

What is the solution to 18 = 2(2x + 7)?

Answers

18=2(2x+7)
2*2x=4x
2*7=14
18=4x+14
18-14=4
4=4x
1=x

Find the difference in SIMPLEST form:
3 1/5 - 1 1/10=

Answers

Answer:

2 1/10

Step-by-step explanation:

Answer:

2 1/10 or 2.1

Step-by-step explanation:

I NEED HELP WITH MATH!!!

Answers

Answer:

mathhhhhhhhhhhhhhhhhhhdjihjhhhhhhhhhhhhhhh

Step-by-step explanation:

logicccccccccccccccccccccccccccc

Simplify 2(-3-7) this is math

Answers

Answer: -20

Step-by-step explanation:

2(-3 -7)

Use distributive property

2 * -3 = -6

2 * -7 = -14

-6 -14

Then, combine them

-6 -14 = -20

Answer:

-20

Step-by-step explanation:

Hurry plzzzz!! It’s for a test and I’m stuck

Answers

Answer:

im pretty sure it is 2m + 10

bc the min is going up by 2 every time and the gallons are going up by 10 each time

Step-by-step explanation

i commented b4 i actually answered it bc it wouldnt let me sry

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