The 6th graders are running the mile in physical education. Elian finishes the mile 2 minutes before Stacey who finished 1 minut
1 answer:
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Answer:
see the explanation
Step-by-step explanation:
we know that
step 1
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Applying property of exponents
step 2
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
Applying property of exponents
step 3
Compare the final amount
therefore
Find the difference
----> Additional amount of money you would have in your pocket if you had used a continuously compounded account with the same interest rate and the same principal.
Answer:
Hey,
Step-by-step explanation:
=(2x+5)(3x+2)
=(2x)(3x)+(2x)(2)+(5)(3x)+(5)(2)
=6x^2+4x+15x+10
=6x^2+19x+10(ANS)