krisipatel krisipatel

08-05-2020
Mathematics

contestada

Brittney deposits $5,021.00 into an interest-bearing investment account, which is compounded continuously at an interest rate of 3.5%. She decides to not deposit or withdraw any money after the initial deposit. The following function represents the account balance of the savings account after t years.

A(t)= $5,021 * e^(0.035t)
Approximately how many years will it take for the initial deposit to quadruple?

Respuesta :

08-05-2020

Answer:

this is too similar to the previous one

4×deposite=20084=A(t)

e^0.035t=20084/5021=4

ln4=0.035t

t×0.035=1.386

t=39.6

Answer Link

Otras preguntas

Ultraviolet spectroscopy is made possible by which ONE of the following physicochemical transformations? A. The promotion of electrons to higher-energy molecula

HJKm<H 40°m<K 50°m<JK 13 yardswhat's HK

Problem 4.06 (DUPONT and ROE) eBook Problem Walk-Through A firm has a profit margin of 2.5% and an equity multiplier of 1.3. Its sales are $400 million, and it

I need help asap Due to the compression forces, the rock cracks and as a result one rock slides underneath another rock forcing it upward. This is an example of

In 2,013, Econistan had consumption of $189 billion, investment of $159 billion, government spending of $37 billion, exported goods and services worth $25 billi

Given y=5x 2 +6x, find dt dy when x=−1 and dt dx =2. dt dy = (Simplify your answer.)

PLEASE HELP AND FOLLOW DIRECTORS You will create a multimedia presentation of a book review for the novel or short story you read for this module. View the grad

Problem 2. (20 pts) IP modeling Doug needs to rent a truck to transport his stuff. In order to do this, he needs to pack some of his items into boxes and then p

16. [0/0.07 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 2.3.006. MY NOTES PRACTICE ANOTHER If the profit function for a firm is given by P(x) = -3600 + 200x-x²

Answer: 7. The graph below demonstrates a "MOVEMENT" along the supply curve, indicating the price is the relevant variable, causing changes in inventory or outp