Bartoclyes
Bartoclyes Bartoclyes
  • 01-06-2017
  • Mathematics
contestada

how much money has to be invested at 5.1% interest compounded continuously to have 17000 after 14 years

Respuesta :

arjunpherwani
arjunpherwani arjunpherwani
  • 01-06-2017
A=P*e^(rt)
So, 
17000=P*e^(0.051*14)
Therefore, P=17000/(e^(0.051*14))
P=8324.57 approx.

Answer Link
maryclaire01 maryclaire01
  • 02-03-2019

Answer:

Apex: 8324.59

Step-by-step explanation:

Answer Link

Otras preguntas

Plants and animals use the oxygen in the air to turn food into energy. This life process is known as what?
Which graph represents the solution to the given system? y=-2x + 5 and y= 3x - 2
I need to write 1 X 1 + 9 X ( 1/2) + 8 X ( ( 1/100) + 1 X ( 1/1000) in a standard form?
what are the two forms of micronutrients
The location of west and central Africa encouraged
Write each decimal as a fraction or mixed number in simplest form -7.32=
Why do we use variables, and what is the significance of using them in expressions and equations?
Which of the following is a sentence fragment? A. Realizing you are getting older is sobering. B. Hiding in the tree fort he had built as a kid. C. Checking h
What do individuals need to do contribute to the success for the country? How is our economy impacted when people make bad fanatical decisions
estimate 428,731 - 175,842 =