Abigail invested $29,000 in an account paying an interest rate of 2.1% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 8 years?

The answer should be $33,872 as a total.

Step-by-step explanation:

You use I=prt. I=29000×2.1%×8, this gets you the amount earned, which is $4,872. You add this to the amount put in which is $29000×$4,872=$33,872. Please tell me if i'm wrong.

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

nswer: a   y-axis

step-by-step explanation: