So 1000987 in 3 years or 1000987:3 or i like to put it as 1000987:3
we notice that 6 is 2 times of 3 so we just multiply 1000987:3 by 2 and get 2001974:6
2001974 in 6 years
2/4 = 1/2
2/6 = 1/3
4/12 = 1/3
8/24 = 1/3
If you need help on how to solve these, you can contact me directly
Jessica:
2 minutes = 60 jumping jacks
1 minute = 30 jumping jacks
Dale:
5 minutes = 150 jumping jacks
1 minute = 30 jumping jacks
Ans: Yes, both their rates are the same. They both jump at 30/min.
Continuous Compounding Variables
FV=The future value of the principal after interest has been applied
PV=The present value of the principal before interest has been applied
R=The annual rate of interest charged
T=The number of years that the interest is charged to the principal
e=2.718281828
