Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. bill owns a small manufacturing business in 1 year

Bill owns a small manufacturing business In 1 year he wants to buy a machine...

90.2K

Verified Solution

Question

Algebra

image

Bill owns a small manufacturing business In 1 year he wants to buy a machine that costs 10 000 00 If Bill opens a savings account that earns 12 interest compounded continuously how much will he have to deposit as principal to have enough money in 1 year to buy the machine Round your answer to the nearest cent

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A community is composed of the factors that constitute an organism s niche O potentially...

Biology
Q

(2points) Explain the difference between essential and nonessential amino acids. Please defineboth. How many of...

Biology
Q

What is the goal of satire beyond entertainment O To warn or enlighten O To...

Biology
Q

Rev A 7 2005 L52974 KEEP THIS AND ALL MEDICATIONS OUT OF THE REACH OF...

Basic Math
Q

gonometry Spring 2023 Sp23 MAT 4 1 Points DETAILS Sketch a graph of the polar...

Basic Math
Q

Factor the trinomial 16c 22c 3 Select the correct choice below

Calculus
Q

4 A rectangular bu 80m is surroun 2 5m wide

Calculus
Q

The following unadjusted trial balance is for Montana Construction Company as of year-end for the...

Accounting
Q

Nikki Haley Inc. exchanges a truck for a similar truck. The transaction has commercial substance....

Accounting
Q

The survey results from the National Association of Colleges and Employers (NACE) show the average...

Accounting
Q

In one paragraph, tell me why accounting is important

Accounting
Q

PLEASE ANSWER REQUIREMENTS 3-6. I WILL GIVE YOU A GOOD RATING. THANK YOU REQUIREMENTS:...

Accounting