27.01.2020

A person places $85800 in an investment account earning an annual rate of 8.5%, compounded continuously. Using the formula V = Pert, where V is the value of the

account int years, P is the principal initially invested, e is the base of a natural

logarithm, and r is the rate of interest, determine the amount of money, to the nearest

cent, in the account after 9 years.

. 0

Step-by-step answer

24.06.2023, solved by verified expert
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$184383.7

Step-by-step explanation:

We are given that

Principal, P=$85800

Rate of interest, r=8.5%=0.085

Time, t=9 years

We have to find the amount of money after 9 years

A person places 800 in an investment account, №17886664, 27.01.2020 20:42

Using the formula

A person places 800 in an investment account, №17886664, 27.01.2020 20:42

A person places 800 in an investment account, №17886664, 27.01.2020 20:42

Hence, the amount of money after 9 years=$184383.7

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Mathematics
Step-by-step answer
P Answered by PhD

$184383.7

Step-by-step explanation:

We are given that

Principal, P=$85800

Rate of interest, r=8.5%=0.085

Time, t=9 years

We have to find the amount of money after 9 years

V=Pe^{rt}

Using the formula

V=85800e^{0.085\times 9}

V=184383.7

Hence, the amount of money after 9 years=$184383.7

Mathematics
Step-by-step answer
P Answered by PhD
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram
Mathematics
Step-by-step answer
P Answered by PhD

For 1 flavor there are 9 topping

Therefore, for 5 different flavors there will be 5*9 choices

No of choices= 5*9

=45 

Mathematics
Step-by-step answer
P Answered by PhD

The solution is in the following image

The solution is in the following image
Mathematics
Step-by-step answer
P Answered by PhD

Here,

tip=18%of $32

tip=(18/100)*32

=0.18*32

=$5.76

Total payment=32+5.76=$37.76

Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

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