subject
Mathematics, 08.04.2021 04:40 GabbyLandry

Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate, to the nearest hundredth of a percent, would be required in order for Ella to end up with $22,000?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 20.06.2019 18:02
Larry bar opened a frame shop and completed these transactions: larry started the shop by investing $41,100 cash and equipment valued at $19,100 in exchange for common stock. purchased $180 of office supplies on credit. paid $2,300 cash for the receptionist's salary. sold a custom frame service and collected $5,600 cash on the sale. completed framing services and billed the client $310. what was the balance of the cash account after these transactions were posted?
Answers: 2
question
Mathematics, 21.06.2019 15:00
Three coins are flipped. what is the probability that there will be at least two tails?
Answers: 1
question
Mathematics, 21.06.2019 18:50
What are the values of a, b, and c in the quadratic equation 0 = x2 – 3x - 2? a = 1, b = 3, c = 2 a=, b = -3,c=-2 a = 1, b = 3, c= 2 a = 1.0= -3, c = 2
Answers: 2
question
Mathematics, 21.06.2019 19:40
Afactory makes propeller drive shafts for ships. a quality assurance engineer at the factory needs to estimate the true mean length of the shafts. she randomly selects four drive shafts made at the factory, measures their lengths, and finds their sample mean to be 1000 mm. the lengths are known to follow a normal distribution whose standard deviation is 2 mm. calculate a 95% confidence interval for the true mean length of the shafts. input your answers for the margin of error, lower bound, and upper bound.
Answers: 3
You know the right answer?
Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming the interest is com...
Questions
question
Health, 02.10.2019 06:30
question
Mathematics, 02.10.2019 06:30
question
Social Studies, 02.10.2019 06:30
Questions on the website: 13722363