amberheyward13 amberheyward13

03-07-2020
Mathematics

contestada

Jamie is investing $47,000 in an account paying 9.26% interest compounded continuously. What will Jamie's account balance be in 17 years?

Respuesta :

sqdancefan sqdancefan

02-04-2021

9514 1404 393

Answer:

$226,863.29

Step-by-step explanation:

The amount is given by ...

A = Pe^(rt)

where principal P is invested at annual rate r for t years.

A = $47,000×e^(0.0926×17) ≈ $226,863.29

Answer Link

elephantlover1288 elephantlover1288

05-04-2021

Answer:

the answer is $226,863.29

Answer Link

Otras preguntas

Multiply help on this please

Help me plz Answer ???

Multiply 6+2i6+2i and it's conjugate. Simplify.

Maria noticed last month that her ad often showed up beside a competitor's ad for the same search terms. How can Maria understand how her performance compares t

The purpose of preparing budgets in a business

Simplify the expression

Match the terms with their definitions. 1. president during the 1980s 2. sees to an election's honesty 3. voters may vote for the candidates of the party they

HELP PLEASE!An osteocyte is a cell that... A. maintains the bone matrix B. reabsorbs or breaks down the bone matrix C. forms the bone matrix D. specializ

If a flea can jump straight up to a height of 0.550 m , what is its initial speed as it leaves the ground?

Identify an equation in standard form for an ellipse with its center at the origin, a vertex at (9, 0), and a co-vertex at (0, 1).