Provide an appropriate response.
The compound amount when an investment is compounded continuously is A = Peni Where A = compound amount, P = original principal, n = number of years, and i = interest rate per year. Let P = 400, I = 0.05, and n = 3, then find A.
A. $3717.87
B. $929.47
C. $464.73
D. $1,858.93
Answer: C
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Solve.If an amount of money P is invested at r% annual interest compounded n times per year, then the total value V of the money after t years is given by V = Pnt. Find the value of an ititial investment of $15,000 after four years if (a) it is invested at 1% annual interest compounded yearly.(b) it is invested at 6% annual interest compounded quarterly.(c) it is invested at 2% annual interest compounded monthly.(d) it is invested at 4% annual interest compounded daily (use n = 360).
A. (a) $14,816.92, (b) $18,650.02, (c) $15,733.28, (d) $16,781.88 B. (a) $15,622.98, (b) $19,194.76, (c) $16,396.89, (d) $17,635.72 C. (a) $15,609.06, (b) $19,034.78, (c) $16,248.22, (d) $17,602.51 D. (a) $16,637.,92, (b) $20,588.01, (c) $16,328.46, (d) $17,629.76
Factor by grouping.49x2 - 56xy + 16y2
A. (7x - 4y)(7x + 4y) B. (7x - 4y)2 C. (7x + 4y)2 D. (49x + 1)(x + 16)
Use Bayes' rule to find the indicated probability.A company is conducting a sweepstakes, and ships two boxes of game pieces to a particular store. Box A has 3% of its contents being winners, while 5% of the contents of box B are winners. Box A contains 37% of the total tickets. The contents of both boxes are mixed in a drawer and a ticket is chosen at random. What is the probability it came from box A if it is a winner?
A. 0.009 B. 0.188 C. 0.375 D. 0.258
Graph the polar equation.r = 4 cos ?
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D.