Solve the problem.Suppose that  is invested at an interest rate of  per year, compounded continuously. What is the balance after 3 years?Round to the nearest cent.

A. $6348.00
B. $7044.00
C. $7140.33
D. $7240.33


Answer: C

Mathematics

You might also like to view...

Multiply or find the special product. ? ?

A.
B.
C.
D.
E.

Mathematics

c = 17, a = 6. Find b.

Mathematics

Solve the problem.The cost of tuition at a community college is given by C(x) = 490 + 54x, where x is the number of credit hours. Interpret the slope of this function as a rate of change.

A. The tuition at the community college increases by $54 for each additional credit hour. B. The tuition at the community college increases by $490 for each additional 54 credit hours. C. The tuition at the community college increases by $490 for each additional credit hour. D. The number of credit hours increases by 54 for each increase of $490 in tuition.

Mathematics

Decide whether or not the functions are inverses of each other.f(x) = , g(x) = 

A. Yes B. No

Mathematics