Register
Jake's investment account is compounded continuously at a rate of 8% per year. After 3 years, his account has a balance of $10,000. Which function could be used to model the value, A(t), of Jake's account
30.7k views
0 votes
Jake's investment account is compounded continuously at a rate of 8% per year. After 3 years, his account has a balance of $10,000. Which function could be used to model the value, A(t), of Jake's account t years since it was opened?

User Nirav Kalola
by
4.3k points

1 Answer

3 votes

Answer:

10,000 × .08 = 800.

Explanation:

2400 interest in 3 yrs

User Den Isahac
by
3.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

Before beginning voice lessons, Aubrey already knew how to sing 357 pieces, and she expects to learn 2 new pieces during each week of lessons. After 78 weeks of voice lessons, how many pieces will Aubrey
A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
3x-by=-3 b=? what is the number of b? ​
Please answer asap.......... ...
Can someone help me plz I have to Turn 27/9 in simplest
Link Copied!