menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
FlybynightSavings.com is offering a savings account that pays 29% compounded continuously. How much interest would a deposit of $4,000 earn over 10 years?
asked
Feb 14, 2018
219k
views
2
votes
FlybynightSavings.com is offering a savings account that pays 29% compounded continuously. How much interest would a deposit of $4,000 earn over 10 years?
Mathematics
high-school
Lorenzoid
asked
by
Lorenzoid
7.7k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
1
vote
If that is really supposed to be 29% then
Total = Principal * e^(rate*years)
Total = 4,000 * e^(.29*10)
Total = 4,000 *
18.1741453605
Total =
72,696.58
Bolo
answered
Feb 19, 2018
by
Bolo
8.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Apr 26, 2019
14.5k
views
FlybynightSavings.com is offering a savings account that pays 33% compounded continuously. How much interest would a deposit of $3,000 earn over 10 years? (Round your answer to the nearest cent.)
Aleksei Minaev
asked
Apr 26, 2019
by
Aleksei Minaev
7.5k
points
Mathematics
middle-school
1
answer
3
votes
14.5k
views
asked
Jun 4, 2022
105k
views
FlybynightSavings is offering a savings account that pays 32% compounded continuously. How much interest would a deposit of $2,000 earn over 10 years
Amacrobert
asked
Jun 4, 2022
by
Amacrobert
8.2k
points
Business
college
1
answer
16
votes
105k
views
asked
May 17, 2017
140k
views
According to creditcard.com, 29% of adults do not own a credit card. a. suppose a random sample of 500 adults is asked , " Do you own a credit card?" describe the sampling distribution of p, the proportion
Deem
asked
May 17, 2017
by
Deem
9.4k
points
Mathematics
college
1
answer
3
votes
140k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
questions
12.2m
answers
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement how thick must the cement be to cover field
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org