The amount of money Justin would have in his account than Aaron, to the nearest dollar is $0
What is the future value formula for continuous compounding cash flow?
The future value, which is used to determine the worth of this investment of $740 made now in 18 years is as shown below:
FV=PV*e^(rt)
FV=the worth of the investment in 18 years=unknown
PV=the amount invested today=$740
e=mathematical exponential value=2.7182818
r=rate of interest which compounded continuously=5%
t=time of investment in years=18
FV=$740*2.7182818^(5%*18)
FV=$740*2.7182818^(0.90)
FV=$740*2.459603087981220
FV=$1,820.11
Justin:
FV=PV*(1+r/m)^(n*m)
PV=$740
r=5%
m=number of times in a year that interest is compounded=365
m=number of years=18
FV=$740*(1+5%/365)^(18*365)
FV=$1,819.99
difference=$1,820.11-$1,819.99
difference=$0.12($0 to the nearest dollar)
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Answer:
Value of Cos 120 is -½.
Step-by-step explanation:
256 x 3 is uhh 768 so it would be 2 of the 128 sticks
Answer:
x = -6; v = 4.
Step-by-step explanation:
–14 = –(-2x + 2)
-14 = 2x - 2
2x - 2 = -14
2x = -12
x = -6.
51 = 7(-1 + 2v) + 2
51 = -7 + 14v + 2
51 = 14v - 5
14v = 56
v = 4.
Hope this helps!
Answer:
The maximum area is 4434.5 feet square.
Step-by-step explanation:
The fence maximum area it need to be fenced have to be shaped as circle. First we need to find radius of the circle:

Maximum area will be fenced is:
