How much money, invested at an interest rate of r % per year compounded continuously, will amount to A dollars after t years? (R
1 answer:
You might be interested in
<h3>Answer: 41 cm^2</h3>
Explanation:
Form a horizontal line as shown below (see attached image). This forms 2 separate smaller rectangles
- The bottom rectangle has area of 4*8 = 32 cm^2
- The top rectangle has area of 3*3 = 9 cm^2
The total area is therefore 32+9 = 41 cm^2
You can say "square cm" or "sq cm" in place of the "cm^2".
Answer:
So the exchange rate is that each dollar is worth 70.4 yens.
Step-by-step explanation:
We have that:
1 euro is priced at $1.25
1 euro will also buy 88 Japanese yen
This also means that:
$1.25 is priced at 88 Japanese yen
How much is the cross rate between the yen and the dollar (yen per dollar exchange rate)?
How much yens is 1 dollar?
This can be solved by a simple rule of three.
$1.25 - 88 yen
$1 - x yen
So the exchange rate is that each dollar is worth 70.4 yens.