Math, asked by renaldrosal, 1 day ago

Alonzo plans to make an initial deposit into account that earns 5% interest compounded continuously and then to make $5000 withdrawals every year. How much must be he deposit

Answers

Answered by Op06

0

Answer:

$50 000

Step-by-step explanation:

5% interest = $2 500 because he make $5 000 withdrawals

100% = $50 000

Previous Question

Next Question

Similar questions

Economy, 18 hours ago

Satatistics for Economics According to Prof. Adam Smith, the subject matter of economic is restricted to study of human behaviour, choose from the options below. @ true @ Partially true of Incompelete statement of statistical enquiry? b False 2 is not...

English, 18 hours ago

arun said the rain prevented me from coming to this place into direct indirect ...

Physics, 18 hours ago

Describe how the two materials, the hairs and a plastic ruler become charge if they rubbed against each other.

Chemistry, 1 day ago

in an experiment what variable that is change or made different...

Math, 1 day ago

Area & Perimeter: Determine the perimeter and area of the hexagonal net.

English, 8 months ago

Please answer the following question ...

Biology, 8 months ago

2. Identify the organelles found in animal cells. A) Ribosomes, Mitochondria, Chloroplast. B) M.itochondria, Centriole, Golgi complex. C) Endoplasmic reticulum, vacuoles, Cell wall. D) Plasma membrane, Cell wall, Mitochondria.

Math, 8 months ago

In the given figure, the shape of the top of a table is that of a sector of a circle with centre 0 and AOB = 90°. If AO = OB = 42 cm, then find the perimeter of the top of the table.