Answer: You got to multiply 22,000 times 5 and that will equal 110,000
Step-by-step explanation:
To have a final balance of $22,000 in a CD account after 5 years with continuous compounding at an interest rate of 6.625%, Steven needs to initially deposit approximately $15,895.68.
To calculate how much principal Steven should start with in his CD account, we need to use the formula for continuous compounding, which is A = Pe^(rt), where:
In Steven's case, he wants A = $22,000 after t = 5 years, at an interest rate r of 6.625% or 0.06625 in decimal format. Substituting these values into our formula and solving for P, we get:
P = A / e^(rt)
P = 22000 / e^(0.06625 * 5)
After calculating this expression, we find that Steven needs to deposit approximately $15,895.68 into his CD account to have $22,000 after 5 years with continuousinterest compounding at 6.625%.
#SPJ2
please show how you got the answer.
Answer:
F. 6s > 4s +8
Step-by-step explanation:
From a reference point at the beginning of the track, Ward's car will be located 4s+8 feet down the track after s seconds. That is, it starts 8 feet down the track, and increases its distance by 4 feet every second.
From the same reference point, Heskey's car will be located 6s feet down the track after s seconds. Its distance starts from zero and is increasing at the rate of 6 feet every second.
For Heskey's distance to exceed Ward's distance you want ...
6s > 4s +8 . . . . . . matches choice F
Answer:
9
Step-by-step explanation:
Expected number of defective is given as :
N x P = np
Where = number of the sample drawn from the production lot
P= percentage of bulbs In The lot which are defective
N = 15
P = 60% = 0.60
So when we do the multiplication,
We have:
NP = 15x0.60
= 9
So in conclusion the expected value of defective bulbs in the sample is 9.
Answer:
x = 6.5
Step-by-step explanation:
square is rectangle
9x+26 = 84.5
84.5 - 26 = 58.5
9x = 58.5
x = 58.5 divided by 9
x = 6.5
Answer:
4.448834e+29
Step-by-step explanation:
e because i aint never seen two pretty bestfriends one always gotta be ugly:)
Answer:
Step-by-step explanation:
Any number greater than 1 will give a number greater than 2386