The Amount of investment equals $974.83.
The continuous compound interest helps to calculate an investment that are reinvested into the balance over a infinite number of periods.
- The formula for continuous compound interest is A=P^e^(r*t)
Amount of investment = $535 * e^(6%*10)
Amount of investment = $535 * 1.82211880039
Amount of investment = $974.833558209
Amount of investment = $974.83
Therefore, the Option B is correct since the Amount of investment equals $974.83.
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8 and 1/2 yeah this is the answer
The interrogative of the sentence above is '' why is the name of Iqbal common to everyone?''.
<h3>What is an interrogative sentence?</h3>
This is known to be a type of sentence that is often asked as a form of a question.
Note that an Interrogative sentences often comes in a direct or indirect manner such as why is the name of Iqbal common to everyone?
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Solution; N:2, H:4, O:3
Step by step solution:
There are 2 n’s
The 4 after the h means that there’s 4 h
And the 3 after the o means that there’s 3 o