Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. question 4 18 points the equation for compound int

Question 4 18 points The equation for compound interest is A P er t where...

70.2K

Verified Solution

Question

Algebra

image

Question 4 18 points The equation for compound interest is A P er t where P is the initial amount invested r is the interest rate as a decimal and t is the number of years Determine the value of the account if the initial investment is 8 000 compounded continuously at a rate of 6 after 10 years O 16 097 57 14 576 95 O 14 326 78 O 8480 00 Question 5 18 points If the rate of an investment is 5 the time is 12 years and the principle is 500 which investment would be worth the most Simple Interest

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

Properties of Logs Rewriting one log as multiple logs is an example of Rewriting multiple...

Finance
1.2K views

mpson Orange Juice Company normally takes 30 days to pay far its average daily credit purchases af...

Finance
1.2K views

It is December 2018. You are analyzing YKNOT Inc., a company headquartered in Waukesha, WI, which...

Accounting
1.2K views

Bank Reconciliation and Entries The cash account for American Medical Co. at April 30 indicated a...

Biology
1.2K views

Identify the dependent variable in the following experiment: A scientist grew bacteria on gel in...

Physics
1.2K views

15 Consider a spherical volume which has uniform charge density p from x R to...

Algebra
1.2K views

Suppose 10 000 is invested at annual rate of 5 for 10 years Find the...

Algebra
1.2K views

Consider the following vectors given in polar form 3 3 70 Write the polar form...

Accounting
1.2K views

Question 10 of 58. Nathan is 14 years old. Nathan's dad opened a bank...

Accounting
1.2K views

Multiple Choice Question Unearned subscription revenues that extends over multiple periods is an example...

Accounting
1.2K views

1. A company may raise capital from the primary market through A. O Public issue...

Accounting
1.2K views

The following information is available for the preparation of the government-wide financial statements for the...