Answer:
This information tells me that f equals a number and 3 multiplied by the number that f equals is 16.
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Answer: can you give me more information please
Step-by-step explanation:
Answer:
If the capitalization method is continuous, the interest obtained will be $104986.99
Step-by-step explanation:
Cn = Co * (1 + i)^n
Co = 380,000
i = 0.05
n = 5
So:
Cn =380,000 * (1+.05/1)^(1*5)
Cn = 380,000 * (1+.05)^5
Cn = 380,000 * (105)^5
Cn = 380,000 * (1.2763)
Cn = 484,986.99
Cn - Co = interest acumulated:
484,986.99-380,000 = $104986.99
