How much would $500 invested at 8% interest compounded continuously be
1 answer:
Answer:
Step-by-step explanation:
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
You might be interested in
Given end points of diameter,
(x1,y1)=(-3,-4)
(x2,y2)=(0,0)
Now,
the equation of circle is,
(x-x1)(x-x2)+(y-y1)(y-y2)=0
or, (x+3)(x-0)+(y+4)(y-0)=0
or, x^2 +3x +y^2 +4y =0
or, x^2 +y^2 +3x + 4y=0
which is in the form of x^2 +y^2 +2gx +2fy + c=0
where,
g=3/2
h=2
c=0
Now,