Answer:
the amount after 5 years using compound continuously is $135.03
Step-by-step explanation:
The computation of the amount after 5 years using compound continuously is as follows
= Principal × e^(rate × time period)
= $110 × e^(4.2% × 5)
= $110 × 1.227525065
= $135.03
Hence, the amount after 5 years using compound continuously is $135.03
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
A to D E to B C to F F to 216
This ez
Step-by-step explanation:
Answer:
15 < t ÷5
Step-by-step explanation:
all it wants is for you write the sentence as an equation.
I really hope this helps
Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the amount of money borrowed
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
