Answer:
$315.24
Step-by-step explanation:
Principal, P =$262
Rate, r= 3.7% =0.037
Time, t= 5 Years
The Value of the Investment which is compounded continuously is gotten using the formula:
The value of the investment after 5 years is $315.24 to the nearest cent.
Answer:
Since the denominator has to be 100 and 9/10, 0.90, and 90% are all equal the you would just need to make the 9 into a 90. Therefore, yout answer will be 90/100.
Answer:6
Step-by-step explanation:
265-25
240/4
6
If dimensions are multiplied by 3 then area is multiplied by 3^2
Step-by-step explanation:
(a) Fₙ₋₁ > 0, so Fₙ₊₁ > Fₙ. Each term is bigger than the one before it, so the function is increasing, meaning the series will diverge to infinity.
(b) Fₙ₊₁ / Fₙ = (Fₙ + Fₙ₋₁) / Fₙ
Divide.
Fₙ₊₁ / Fₙ = 1 + (Fₙ₋₁ / Fₙ)
Rewrite the second fraction using negative exponent.
Fₙ₊₁ / Fₙ = 1 + (Fₙ / Fₙ₋₁)⁻¹
Take the limit of both sides as n approaches infinity.
lim(n→∞) Fₙ₊₁ / Fₙ = 1 + lim(n→∞) (Fₙ / Fₙ₋₁)⁻¹
Substitute with φ.
φ = 1 + φ⁻¹
Solve.
φ² = φ + 1
φ² − φ − 1 = 0
φ = [ -(-1) ± √((-1)² − 4(1)(-1)) ] / 2(1)
φ = (1 ± √5) / 2
Since the ratio can't be negative:
φ = (1 + √5) / 2
