An initial investment of $5000 earns 8.8% interest, compounded continuously. What will the investment be worth in 12 years? Please round the answer to the nearest cent. S If $500 is deposited in an account paying 8.3% annual interest, compounded continuously, how long will it take for the account to increase to $850? Please round the answer to the nearest tenth. years Write an equation in slope-intercept form of the line that passes through (-4, 4) and (2,-7).

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
Question
1.
An initial investment of $5000 earns 8.8% interest, compounded continuously. What will the investment be
worth in 12 years? Please round the answer to the nearest cent.
S
2. If $500 is deposited in an account paying 8.3% annual interest, compounded continuously, how long will it
take for the account to increase to $850?
Please round the answer to the nearest tenth.
years
3. Write an equation in slope-intercept form of the line that passes through (-4, 4) and (2,–7).
Transcribed Image Text:1. An initial investment of $5000 earns 8.8% interest, compounded continuously. What will the investment be worth in 12 years? Please round the answer to the nearest cent. S 2. If $500 is deposited in an account paying 8.3% annual interest, compounded continuously, how long will it take for the account to increase to $850? Please round the answer to the nearest tenth. years 3. Write an equation in slope-intercept form of the line that passes through (-4, 4) and (2,–7).
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question

How do you take the log of both sides?

Solution
Bartleby Expert
SEE SOLUTION
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education