Decide if the following situation is a rate or not. why or why not.
you drive 50 miles...
Mathematics, 19.11.2019 06:31 michealjholley6211
Decide if the following situation is a rate or not. why or why not.
you drive 50 miles in 2 hours.
(i totally forgot what a rate was so if i can have an explanation on that it would be amazing)
Answers: 1
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A. 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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