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
The answer to your question is c the rug will cover 14 feet of the floor
Answer: 8+18W
Step-by-step explanation:
1. First multiply the 4 by 2, equalling 8.
2. Then multiply the 9W by 2, equalling 18W.
3. 8 and 18W are unlike terms, so they can not be added together.
4. The answer would stay as 8+18W.
<span>5/ 8 x 4/ 5
=20/40
=1/2
answer is </span>A. 1/2
Answer:
37.7 yd
Step-by-step explanation:
The circumference of a circle can be found using the formula ...
C = 2πr
For a radius of 6 yd, the circumference is ...
C = 2π(6 yd) = 12π yd ≈ 37.7 yd
The length of the circular border was 37.7 yards.
