Answer:
P=l+w
Step-by-step explanation:
Solve for P by simplifying both sides of the equation, then isolating the variable.
Pretty sure it’s 4. Hope this helped :)
Continuous compounding is the mathematical limit that compound interest can reach.
It is the limit of the function A(1 + 1/n) ^ n as n approaches infinity. IN theory interest is added to the initial amount A every infinitesimally small instant.
The limit of (1 + 1/n)^n is the number e ( = 2.718281828 to 9 dec places).
Say we invest $1000 at daily compounding at yearly interest of 2 %. After 1 year the $1000 will increase to:-
1000 ( 1 + 0.02/365)^365 = $1020.20
with continuous compounding this will be
1000 * e^1 = $2718.28
For this question it opens upwards in
Hopefully I’m correct but I think it is 7% because 50 -43 equals 7%
