Solve the problem.An initial deposit of $8,000 is made into an account earning 6.5% compounded continuously. Thereafter, money is deposited into the account at a constant rate of $2600 per year. Find the amount in this account at any time t. How much is in this account after 5 years?
A. A = 60,000e0.065t - 52,000
$31,041.84
B. A = 52,000e0.065t - 44,000
$27,969.59
C. A = 44,000e0.065t - 36,000
$24,897.34
D. A = 48,000e0.065t - 40,000
$26,433.47
Answer: D
You might also like to view...
Factor completely.x2 - x - 42
A. (x + 7)(x - 6) B. (x + 6)(x - 7) C. (x + 1)(x - 42) D. Prime
Solve the system by the addition method, if possible. If a solution exists, give the value of y.
?
?
A. -3 B. 1 C. -1 D. 5 E. no solution
Determine whether the given values of x are solutions to the compound inequality. (Y/N).x + 5 ? -6 or x + 5 ? 6; x = -11, x = -3
A. Yes, No B. Yes, Yes C. No, No D. No, Yes
Graph the linear equation. Give the x- and y-intercepts.x - y = 2
A. x-intercept: (- 2, 0); y-intercept: (0, - 2)
B. x-intercept: (- 2, 0); y-intercept: (0, 2)
C. x-intercept: (2, 0); y-intercept: (0, 2)
D. x-intercept: (2, 0); y-intercept: (0, - 2)