Faith invested \$1,100 in an account paying an interest rate of 5.1\% compounded continuously. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 18 years?

Compounded Continuously:

A=Pe^{rt}

A=Pe

rt

P=1100\hspace{35px}r=0.051\hspace{35px}t=18

P=1100r=0.051t=18

Given values

A=1100e^{0.051(18)}

A=1100e

0.051(18)

2,750

Explanation:

Plug in

A=1100e^{0.918}

A=1100e

0.918

Multiply

A=2754.70450683

A=2754.70450683

Use calculator (with e button)

A\approx 2750

A≈2750

Round to nearest ten dollars

please heart!

VVV                   and rate stars! VVV          :D

let x be the money she spent so that she can earn the free t-shirt.

since, she already spent $112.49

⇒

also, as per the statement: jennifer must spend $250 or more in order to qualify for a free t-shirt at the store.

then,

we have an inequality i.,e

subtract 112.49 from both sides we get;

therefore, $137. 51 more money does jennifer need to spend so that she can earn the free t-shirt

overpriced

step-by-step explanation: