Suppose you make monthly deposits of P dollars in a savings account at an annual interest rate r, compounded continuously. Find the balance A after t years given that   where and years. Round your answer to two decimal places.

A. $926.89
B. $111,227.46
C. $79,583.24
D. $103,553.26
E. $55,613.23


Answer: E

Mathematics

You might also like to view...

Determine whether the statement is true or false.9 ? 2 - 7 ? 8 ? 0

A. False B. True

Mathematics

The side of a square is 4 centimeters shorter than the side of a second square. If the sum of their areas is 250 square centimeters, find the length of one side of the larger square. ?

A. 13 cm B. 26 cm C. 29 cm D. 16 cm E. 23 cm

Mathematics

Provide an appropriate response.The location of an Earth-orbiting satellite in a grid centered at the center of the Earth is given by  Find .

What will be an ideal response?

Mathematics

Solve for ? if . ? 

What will be an ideal response?

Mathematics