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3.2.41-Setup & Solve If 57000 is invested at 7% compounded continuously; what is the amount after years? Which of the following is the appropriate fommula with ...

Question

3.2.41-Setup & Solve If 57000 is invested at 7% compounded continuously; what is the amount after years? Which of the following is the appropriate fommula with the correct values substituted? Select the correct choice below ad. if necessary; fill in the answer boxes to complete your choice.0A: A=P(1 +i)" with P =and n =A=P(1+rt); with P =and t =A=P ert, with P =andt=

3.2.41-Setup & Solve If 57000 is invested at 7% compounded continuously; what is the amount after years? Which of the following is the appropriate fommula with the correct values substituted? Select the correct choice below ad. if necessary; fill in the answer boxes to complete your choice. 0A: A=P(1 +i)" with P = and n = A=P(1+rt); with P = and t = A=P ert, with P = andt=



Answers

Use the formula $A=P e^{r t}$ to solve each problem. If $\$ 6000$ is deposited in an account earning $4 \%$ compounded continuously, how much will be in the account after 8 yr?

President given data just given his policy. Beautiful person. Just consider her nose observed the values in this world for 1/4 to 6002 points into eight. We find this picket since those in vehicle speeder point do you do now? Let us use the calculator when it's well you whose values wants to meet me. Hey, sis 2.7 surround. Hence the amount in the account after 80 years is 8262 14 seconds.

This question is from Paulina. Meals and properties of exponents hurry in Mexico City, formula is given. So the formula Age. Yeah, it is cool too. See? One plus are the birth. Thank you. This is given her age amount preach principle and arrest rate of interest into each time. So here's the question given us find, Um um and the time is about after two years. So here t is given these in question doesn't even these two years, initial investment is $5000 or peace, $5000 owned are each with red up interest, 7%. Or are you going to seven personally, Usually the component to us, Your right to do the simple one or this is 0.7 or second test. Now we got the value of P p n r. So you can put it in formula. So we have to find out. The amount means is he'll do B one plus R to do or PGR 5000 Jurgen plus average zero point 07 20 is two years or here five Children into here one plus one plus one plus 0.7 means 1.7 more square men 102 times 1.7 into 1.7 This is 1.449 right? No. How intelligent reduces your door? Hi, seven. So, for one five, no guard the value of this is a principle is 572.50 Nana, or you can say the amount each age when the principal is 5000 and they are helping to save European Joslyn and time. It's two years regard the there to calculate an component is we got the amount. How is 7 to 4.50 dollars? This is the answer. Mhm, yes.

So for this problem we have $5000 and we are compounding it for 10 years at a rate of 6.5%. So we're gonna do it based off of how many times for years, compounded different amounts. So the first one is semi annually. So I'm gonna use the formula equals P. Which is my principal amount 5000 Times one plus my rate. Which I'm going to write as a decimal. Some of these two places to the left .065 Over how many times per year it's compounded. So some I am annually would be to raise two, how many years compounded again or how many times per year is compounded two times the years 10. And I'm just going to take that in my calculator as it's written. Uh huh. And that gives me $9,479.19. So then I'm going to do the same thing but this time compounded for bi quarterly, so four times a year. So I still have 5001 plus 50010.65. Over this time it's gonna be four, its quarterly raised to the four times 10. But that my calculator And that gives me a $9,527.79. So that first, see I am going to do the same thing but this time it is compounded monthly. So 12 times per year. So 12 times 10 I'm gonna put that my calculator and that gives me 9560 92 cents. So then for d It's asking how much money would you have of it's compounded continuously, so I'm gonna use the formula E. Equals P. 5000 E. Raised to the rate 50000.65 times T. Which is your time in year. So 10. I'm gonna plug that in my calculator And that gives me $9,577.70. So the more time that the money is compounded, the higher the amount of money? Yes.

Instead, I think event data just giving us partly quoted 4% That is syrup Or is it for It's absurd that I use in the amount formula So just won't quit 6000 into one? Yes, for Mr You are for into eight. I'm guessing by this just 6000 times. Yes. You don't point CEO one before you do this 6000 times. One point Don't do. I'm using the tria go which I find that I do this This Medusa helps in making a do or 9.64 means this Don't 84 9.64


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