You deposit $5,000 in an account that earns 2.34% annual interest compounded continuously. Round your answer to the nearest cent. Find the balance after 4 years.

$5468

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 2.34%/100 = 0.0234 per year,

then, solving our equation

I = 5000 × 0.0234 × 4 = 468

I = $ 468.00

The simple interest accumulated

on a principal of $ 5,000.00

at a rate of 2.34% per year

for 4 years is $ 468.00.

d, x=8

step-by-step explanation:

simplifying

4x + -5 = 2x + 11

reorder the terms:

-5 + 4x = 2x + 11

reorder the terms:

-5 + 4x = 11 + 2x

solving

-5 + 4x = 11 + 2x

solving for variable 'x'.

move all terms containing x to the left, all other terms to the right.

add '-2x' to each side of the equation.

-5 + 4x + -2x = 11 + 2x + -2x

combine like terms: 4x + -2x = 2x

-5 + 2x = 11 + 2x + -2x

combine like terms: 2x + -2x = 0

-5 + 2x = 11 + 0

-5 + 2x = 11

add '5' to each side of the equation.

-5 + 5 + 2x = 11 + 5

combine like terms: -5 + 5 = 0

0 + 2x = 11 + 5

2x = 11 + 5

combine like terms: 11 + 5 = 16

2x = 16

divide each side by '2'.