How much money invested at 5% compounded continuously for 3 years will yield $820
2 answers:
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5 1/6 * (-2/5) = __
turn 5 1/6 into a mixed fraction
31/6 * (-2/5) = __
multiply
31 * -2 = -62
6 * 5 = 30
so -62/30 or -2 1/15
Hopefully the attachment helps too!
turn 5 1/6 into a mixed fraction
31/6 * (-2/5) = __
multiply
31 * -2 = -62
6 * 5 = 30
so -62/30 or -2 1/15
Hopefully the attachment helps too!