Mathematics, 13.07.2019 12:30 crystalrc3414
in the original example in section 1, $1,000 was invested at a 2% interest rate compounded n times per year. even when n increased to 365 so the interest was compounded every day, the maximum value in the account after 1 year was less than $1020.21. there is always a maximum amount of increase in an account from compound interest. that amount is referred to as the result of âcontinuous compounding.â when interest is compounded continuously, the formula is: p = p 0ert where the principal p 0, is invested in an account that pays an annual interest rate r (written as a decimal), compounded for t years. the number e is an irrational constant (like the number Ī). it is the base of the ânatural logarithma. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
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Mathematics, 21.06.2019 13:00
Fine the area of the kite. a. 90 sq. units b. 9 sq. units c. 180 sq. units d. 45 sq. units
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Mathematics, 21.06.2019 15:10
The conversion factor relating feet to meters is 1 ft=0.305 m. keep in mind that when using conversion factors, you want to make sure that like units cancel leaving you with the units you need. you have been told that a certain house is 164 m2 in area. how much is this in square feet?
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Mathematics, 21.06.2019 23:30
Find measure angle 1 and measure angle 3 in the kite the diagram is not drawn on the scale
Answers: 1
in the original example in section 1, $1,000 was invested at a 2% interest rate compounded n times p...
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