Mathematics, 01.02.2020 02:43 lesok0818
Aformula exists for a monetary return on an investment of continuously compounded interest. if the interest is compounded only once a year, use the following formula. suppose you have $100 to invest, but started investing only $50. what changes might increase your return on investment, if you plan to invest for 5 years? use the given formula and real numbers in your explanation. be creative in your response!
a = p(1 + r)n where a is the total amount, p is the principal invested, r is the annual interest rate, and n is the number of years
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