RicardoRodriguez2017 RicardoRodriguez2017

21-04-2020
Business

contestada

Gertrude makes a one time deposit of $1200 into an account that pays 7% annual interest
compounded continuously. Assuming Gertrude makes no additional deposits or
withdraws, how much money would be in the account after 7 years? Round to the nearest
penny.

Respuesta :

kcherry0813 kcherry0813

21-04-2020

Answer:

$1788

Explanation:

1200 x 0.07 = 84

84 × 7 = 588

588 + 1200 = 1788

Answer Link

Otras preguntas

Which has been a negative impact of technology? A. More human labor B. Less farming C. Less access to food D. More waste

who gave the slogan "Do or Die:

Which statements about the sale of indulgences, a factor that led to the Protestant Reformation, are true? Choose all answers that are correct. a. John Tetzel s

which of the following terms could be applied to the united states during the cold war? a. autocratic b. communist c. free press d. total censorship

Given the equation 5x − 4 = –2(3x + 2), solve for the variable. Explain each step and justify your process. B. Megan solved a similar equation below. Is Megan's

A 4 kg book and a 7 kg lamp are both in the living room. If the force of gravity between them is 2.99x10^-10 N. How far apart are they? A. 1.8 m B. 6.3 m C. 2.1

Which best describes Francis Drake? a. He was a leader of the Scientific Revolution. b. He was the first Englishman to sail around the world. c. He wrote books

Store mixes Kentucky bluegrass with $10 per pound and chewing fescue worth $14 per pound. The mixture is to sell for $13 per pound. Find how much of each shoul

Which statements accurately describe aspects of Russia's culture and history? Choose all answers that are correct. a. Russian peasants had more freedom than mos

In what way were noble ladies and peasant women alike? a. They both cared for children b. They both cooked and baked c. They both attended daily religious servi