Suppose you invest \$950 at an annual interest rate of 6.5% compounded continuously. How much will you have in the account after 10 years? Round the solution to the nearest dollar

Answer: Present value, P = 950
interest rate, i = 6.5% continuous
Number of periods, n = 10 years

Future value

to the nearest cent

Related Questions

A farmer has 100 m of fencing to enclose a rectangular pen. Which quadratic equation gives the area (A) of the pen, given its width (w)?

Step-by-step explanation:

Let w be the width of rectangular pen.

We have been given that a framer has 100 m of fencing to enclose a rectangular pen. This means that perimeter of pen is 100 meter.

Since the perimeter is 2 times the length and width of rectangle.

Upon substituting our given values in above formula we will get,

Upon substituting our given values in area formula we will get,

Let us represent area in terms of width of rectangle as:

Therefore, the area of our given pen will be .

A(w)=50w-w2 if the perimeter is 100, I plugged in possible values for the width...I used w=15 and length = 35 for a perimeter of 100. then I plugged these values in the possible equations until I found the correct one giving me an area of 525 (15x35) . I could not think of an easier way.

When you combine equal groups to find how many in all what it means

Multiply-When you combine equal groups, you can multiply to find how many in all.

CAN SOMEONE PLEASE ANSWER THIS ASAP FOR BRAINLIEST!!! What is the greatest common factor of 30b^2, 80b^2, and 20b^3?

Step-by-step explanation:

The Greatest Common Factor of all of thise is 10b^2

Sandra is 4 feet tall and Pablo is 10% taller than Sandra, and machela is 8% taller than Pablo.

Sandra's Height: 4ft.
Pablo's Height: 4.4ft.
Machela's Height: 4.75ft.

Hope this helps.