<u>Compounded</u><u> continuously the balance grows at a continuous rate of </u><u>1.7%.</u>
What is compound interest ?
- Compound interest is when you earn interest on both the money you've saved and the interest you earn.
- So let's say you invest $1,000 (your principal) and it earns 5 percent (interest rate or earnings) once a year (the compounding frequency).
The model used for continuous compounding is
f(t) = Pe^(rt)
where P is the principal amount, and r is the interest rate being compounded. Assuming a typo in your given equation, you have
f(t) = 1000·e^(0.017t)
Matching the various parts of the equation, we see that P = 1000 and r = 0.017 = 1.7%.
Therefore, the balance grows at a continuous rate of 1.7%.
Learn more about compound interest
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4) Let A = {7, 8, 9, 10, 11, 12), B = {9, 11, 13), C = {7, 8, 10, 12), D = {7, 12), and U = {7, 8, 9, 10, 11, 12, 13). 4) Вас A)
Elenna [48]
It is true as A consist {7,8,9,10,11,12} and B consists of{9,11,13} and C consist of {7,8,10,12} and D has{7,12} there are the set of numbers from 7 to 13 only so the answer is true that U={7,8,9,10,11,12,13}.
The answer is c
(12^2)- (4x5)
=124
Answer:
7m+3
Step-by-step explanation:
distribute the - to 7m+1
14m+4-7m-1
now add like terms
7m +3
I think it’s 3 I’m not sure
