manny has an investment account which compounds interest continuously at a rate of 3.1%. He puts $7500 into the account initially. after 2 years how much money does he have in the account?

Answers

Answer 1

Answer:

$7049 is the answer.

Step-by-step explanation:

Answer 2

Answer: $7980

Step-by-step explanation:

Follow the formula A=Pe^rt

A= 7500(e)^(.031)(2)

A= 7980


Related Questions

Please look at picture

Answers

6x - 7 = 4x + 7
2x = 14
x = 7

The answer is 7

I don’t know the answer to this question, I need help the question is in the picture!

Answers

Answer:

it is 112° .. as you will solve it like this (180-44=136) and each angle down there are equal so we will divide 136÷2 so each angle is 68° ,, finally to find x you can do it in two ways 1) (68+44) =112 or you can go with (180-68=112)

1. Evaluate when y=3. 3y + 2 (2y+6)
33
27
3y+12

Answers

Answer:

33

Step-by-step explanation:

3(3) + 2 (2(3)+6)

=9 + 2 (12)

=9 + 24

=33