Register
Find the amount of money accumulated after investing a principle P for years t at interest rate r, compounded continuously. P = $15,500 r=9.5% t=12 Round your answer to the nearest cent (hundredth).
210k views
3 votes
Find the amount of money

accumulated after investing a
principle P for years t at interest
rate r, compounded continuously.
P = $15,500 r=9.5% t=12
Round your answer to the nearest cent (hundredth).

User Buddy Christ
by
9.3k points

1 Answer

1 vote

Answer:

$48,464.91

Explanation:

User Ridge
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
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
Write words to match the expression. 24- ( 6+3)
Link Copied!