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
Answer:
The equation of the line is 
Step-by-step explanation:
Equation of a line:
The equation of a line has the following format:

In which m is the slope and b is the y-intercept.
Slope of - 1/3
This means that 
So

Through the point (-6, -6)
This means that when
. So




The equation of the line is 
Answer:
5 2/3
Step-by-step explanation:
So because it is a mixed number that means you want to have a whole plus a fraction. You keep the 5 as the whole and because 2/3=.666666. You add them together making 5 2/3.
The equation represents a circle centered at (3,5) and passing through the point (-2,9) will be,
What exactly is a circle?
It is a point locus drawn equidistant from the center. The radius of the circle is the distance from the center to the circumference.
Given data;
The Centre of the circle is,(h,k)=(3,5)
The circle traverses (-2,9). Consequently, the radius of the circle r is equal to the separation between (3, 4) and (-2,1).
So radius;



Now equation of the circle with center (h,k) and radius r is


Hence equation represents a circle that will be,
To learn more about the circle, refer to the link: brainly.com/question/11833983.
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