Answer:
16 m
Step-by-step explanation:
c=f×m
331=20m ( divide by 20 both side)
therefore m=16.55m
You can write it as 721 over 1000, then simplify from there
Answer:
- The Range is the set of all outputs for a function
- The Domain is the set of all inputs for a function
For example
Here Domain and range both are set of all real numbers
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
