essenceaustin0
essenceaustin0 essenceaustin0
  • 26-04-2020
  • Mathematics
contestada

An investment of $200 is now valued at $315. Assuming continuous compounding occurred for 6 years . What interest rate needed for this to be possible

Respuesta :

chloerenee4717
chloerenee4717 chloerenee4717
  • 26-04-2020
About $19.16 a year because you do 315-200 which gives you 115 and than you divide that by 6
Answer Link

Otras preguntas

You invest $1000 in an account at 2.5% per year simple interest. How much will you have in the account after 3 years? Round to the nearest whole dollar. A: $325
The ground reaction force acting on Carter during his long jump is 4500 N acting forward and upward at an angle of 78 degrees from horizontal. Carters mass is 7
Computer hardware without software is useless while computer software without hardware is meaningless. Discuss. Plz provide examples when you can.
Jacksonian democracy'' is associated with which of these characteristics?
Sometimes, samples can be placed directly under a microscope. At other times, it is necessary to add water to the slide and make a wet mount. The steps for prep
How does energy from the sun affect the motion of molecules in a gas compared to molecules in a liquid?
unlike the system of justice in the united states , medieval justice sometimes relied upon
Why were Europeans interested in colonizing Africa? Africa had an abundance of raw materials for industry. Africa exported a lot of tea. Africa was a potential
(cos6x+6cos4x+15cos2x+10)/cos5x+5cos3x+10cosx
which activity occurs during the process of photosynthesis? a.the sun's energy from organic molecules is converted into light energy. b.organic molecules are ab