Suppose you invest 1600 at annual interest rate of 7.9% compounded cont how much will u have after 10yrs 35254.34 3525.43 3435.91 17315.27

B. $3525.43

Step-by-step explanation:  

We will use continuously compound interest formula to solve our problem.

A= Amount after T years.

P= Principal amount.

r= Interest rate (in decimal form).

e= The mathematical constant e.

T= Time in years.

First of all we will convert our interest rate in decimal form.

Now let us substitute our given values in above formula.

Therefore, we will get an amount of $3525.43 after 10 years and option B is the correct choice.

see explanation

step-by-step explanation:

since the sequence is geometric there is a common ratio r between consecutive terms, that is

r = 4 ÷ - 2 = - 2

r = - 8 ÷ 4 = - 2

r = 16 ÷ 8 = - 2

the next term - 13 must be incorrect as it should be - 32 for the sequence to be geometric.

the first 4 terms are therefore geometric with common ratio r = - 2

207/8 is the right