Math help

Complete the table to determine the balance A for $20,000 invested at rate r = 6% for t years, compounded continuously.

chart looks like this:
t 10 20 30 40 50
A ___ ___ ___ ___ ____
I need to answer A

  1. 👍
  2. 👎
  3. 👁
  1. I will do the first one for t=10
    you do the others the same way

    in general: A = 20000 e^(rt) , were r is the rate in decimals

    if t = 10
    A = 20000(e^(.06(10))
    = 36442.38

    1. 👍
    2. 👎
  2. You have given me a lot to think about here. Thanks

    Have you ever seen my webpage: Penomet device review.

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. Mathematics

    Ables and Galang divide partnership profits and losses solely on the basis of their average capital balances. Ables had P 275, 000 invested during all of 2020; Galang had P 200,000 invested from January 1 to August 31, and he

  2. algebra

    A total of $12,000 is invested in two funds paying 9% and 11% simple interest. If the yearly interest is $1,180, how much of the $12,000 is invested at each rate? We have two unknowns: the amount of money invested at 9% and the

  3. math

    A $15,000 debt is to be amortized in 12 equal semiannual payments at 5.5% interest per half-year on the unpaid balance. Construct an amortization table to determine the unpaid balance after two payments have been made. Round

  4. Math

    Amanda Sabino's taxable income is $20,900.00. How much will she pay in state tax? Tax Table- First $2,000: 2.0% rate Next $4,000: 3.0% rate Next $4,000: 4.5% rate Over $10,000: 6.0% rate My answer-$1254 Am I correct? Thank you!!

  1. math(urgent)

    Mary invested $30,000 in two accounts some at 12% per annum and the rest at 8% per annum. Her total interest for one years was $ 3200.How much was invested at each rate ? solution : $3200=P1 (0.12)(1)+ (3000-P1)(0.08)(1) P1= ? P2=

  2. Chemistry--need help!

    1. The initial reaction rate for 0.02 moles produced in a 5-L vessel in the 1st 2 seconds is a. 0.2 M/s b. 0.04 M/s *** c. 0.002 M/s d. 0.05 M/s 2. Use the table below to calculate the initial reaction rate of the following

  3. Math

    You invested $14,000 in two accounts paying 5% and 9% annual interest, respectively. If the total interest earned for the year was $820, how much was invested at each rate?

  4. algebra

    You invested ​$27,000 in two accounts paying 2% and 3% annual​ interest, respectively.If the total interest earned for the year was $ 800, how much was invested at each​ rate?

  1. Accounting

    The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's profit

  2. Operation

    Parsa Real Estate is a company that buys and rents real estate. The company is looking into buying an office building for $1M.Thebuilding has 10,000 square feet of rentable office space. The company analysts predict that they can

  3. Math

    A retired couple needs $12,000 per year in income to supplement their Social Security. They have $150,000 to invest to obtain this income. They have decided on two investment options: AA bonds yielding 10% per annum and a bank CD

  4. algebra

    two investments were made totaling $15,000. for a certain year these investments yielded $1432 in simple interest. part of the $15,000 was invested at 9% and part at 10%. find the amount invested at each rate. a total of $1150 was

You can view more similar questions or ask a new question.