1 answer:
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
You might be interested in
Answer:
bsjjdnsnd
Step-by-step explanation:
bdhd dhdidnne
In short, (h o g)(a) is just h( g(a) ).
so what we can do is simply get g(a) first and then plug that in h(x).
Answer:
its the math that solve
Step-by-step explanation:
You distribute the negative in the second equation
Answer:
0.0009
Step-by-step explanation:
0.9 / 10^3 = 0.0009
