ryla45 ryla45
  • 03-01-2019
  • Mathematics
contestada

how much money invested at 5% compounded continuously for 3 years will yield at $820?

Respuesta :

Mammoet
Mammoet Mammoet
  • 03-01-2019

Answer:

Percentage of interest at which the money is invested = 5%

Time for which the money is invested = 3 years

The final amount after 3 years = $820

Let us assume the principal amount = x dollars

We can conclude that the principal amount invested was $708.35.


Answer Link

Otras preguntas

Show other ways to write a over 2 or a/2.
find S5 when Sn = 40 - 8n
Jim, Dan and David share some sweets in the ratio 5:4:5. Jim gets 65 sweets. How many did Dan get?
When 6x² - 4x+3 is subtracted from 3x²–2x+3, the result is
Divide the product of 6 and 5 by the quotient of 12 and 4 please show me the expression too...
a surveyor measures the distance to the two landmarks as shown in the diagram what is the distance d. between the landmarks​
please help me and show all your work please thx ​
4(x+5)+4x+8 is equivalent to what expression
Which part of chloroplast contain electron carriers and play a role in light dependent reaction? A)stroma B) thylakoid c) inner membrane D) outer memb
Find+the+positive+value+for+α+if+the+radius+of+the+circle+3x^2+3y-6αx+12y-3α=0+is+4