Answer:
z
Step-by-step explanation:
z
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:
in steps
Step-by-step explanation:
base width: 1/2 x 5 = 2.5
base length: 1/2 x 4 = 2
height: 1/2 x 3 = 1.5
Volume: lwh = 2.5 x 2 x 1.5 = 7.5 in³
Answer:
area of the BCD triangle=1/2×10×9
=45
area of the ABD triangle=1/2×10×3
=15
Total area=45+15
=60 square centimetres
