Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. your answer is incorrect an initial amount of 3100

Your answer is incorrect An initial amount of 3100 is invested in an account at...

60.1K

Verified Solution

Question

Algebra

image

Your answer is incorrect An initial amount of 3100 is invested in an account at an interest rate of 9 per year compounded continuou Assuming that no withdrawals are made find the amount in the account after five years Do not round any intermediate computations and round your answer to the nearest cent 5

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

Carbon dioxide makes up approximately 0.04% of Earth's atmosphere. If you collect a 2.5 L sample...

Chemistry
Q

Discuss why the perspectives of various non-White ethnic populations and racial groups within the U.S. e.g....

Psychology
Q

â–¶A machine shop, consisting of 6 distinct production areas is planning to redesign its layout. The building...

Mechanical Engineering
Q

21 Arod of length 2m is at temperature of 20 C The temperature is increased...

Physics
Q

A tank in the shape of a hemisphere has a radius of 3 feet. If...

Geometry
Q

40 Extension 4 X 2 4 X d 2 2 16 12

Algebra
Q

The following information is taken from the 2025 annual report of Novak, Inc....

Accounting
Q

The following information relates to Company Beta Limited: Beta (Public Company) Limited Summary...

Accounting
Q

The current asset section of Stibbe Pharmaceutical Companys balance sheet included cash of $25,000 and...

Accounting
Q

Barksdale Manufacturing Inc. produces its products in batches containing 100 units. Barksdale randomly samples 15...

Accounting
Q

P24.1B (L0 2) (Subsequent Events) Your firm has been engaged to examine the financial statements...

Accounting
Q

Tina is a resident and has given you the following information in relation to her...

Accounting