11 is 110 for x and y
12 is 90 degrees for x and y
13 is also 90 degrees for x and y
Continuous compounding is the mathematical limit that compound interest can reach.
It is the limit of the function A(1 + 1/n) ^ n as n approaches infinity. IN theory interest is added to the initial amount A every infinitesimally small instant.
The limit of (1 + 1/n)^n is the number e ( = 2.718281828 to 9 dec places).
Say we invest $1000 at daily compounding at yearly interest of 2 %. After 1 year the $1000 will increase to:-
1000 ( 1 + 0.02/365)^365 = $1020.20
with continuous compounding this will be
1000 * e^1 = $2718.28
Answer:
it should be 17.9, I don't really know how to explain it I'm sorry-
Answer:
I do not know this answer. Ask "tofu0"
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Answer:
450/3
Step-by-step explanation:
