Tessa invests $5600 in a new savings account which earns 3.9% annual interest, compounded continuously. What will be the value of her investment after 8 years. Round to the nearest cent.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Tessa invests $5600 in a new savings account which earns 3.9% annual interest, compounded continuously. What will be the value of her investment after 8 years. Round to the nearest cent.
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The population of a certain inner-city area is estimated to be declining according to the model P(t)=218,000e−0.016tP(t)=218,000e−0.016t, where t is the number of years from the present. What does this model predict the population will be in 55 years? Round to the nearest person.