contesarahm
contesarahm contesarahm
  • 03-05-2021
  • Mathematics
contestada

If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years? Use the continuous compound interest formula: A = Pert.

a. $198.55
b. $209.51
c. $295.01
d. $2,950.14

Respuesta :

ashowrav2000
ashowrav2000 ashowrav2000
  • 03-05-2021

Answer:

answer is c) 295.01

hope this helps

Answer Link

Otras preguntas

How did the selective service act prepare the us for war?
Read lines 395 – 398 of Beowulf:Now you may enter, in your battle-armor, / wearing war-masks, to see Hrothgar; let shields stay here, tightened war-wood, / your
What starts chemical changes in food?
A culinary club earns $1424 from a dinner service. They sold 28 adult meals and 47 student meals. An adult meal costs one and a half times as much as a student
What event led to the establishment of the monroe doctrine?
Frankish knights introduced feudalism to a. Italy. c. Scandinavia. b. Britain. d. Japan.
Please select the correct definition for the given word: Duma
Why are common names not a good reference to a species
An ion with six protons, seven neutrons, and a charge of 2 has an atomic number of ________
how many lines are in a sonnet AND EXPLAIN PLEASE a.) 14 b.)12 c.)8 d.)6