So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
Answer:
5/6
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Step-by-step explanation:
We can simplify this fraction down further by divide both numerator and denominator by 2:
10/2 = 5
12/2 = 6
5/6 will be equivalent to 10/12
20 more than what they played or 20 more than what they lost?
