It you invest S500 at an annual interest rate of 10% compounded continuously, calculate the final
1 answer:
Answer:
Step-by-step explanation:
The formula for continuous compounding is
where A(t) is the amount after all the compounding is done, P is the initial investment, r is the rate as a decimal, and t is the time in years. Filling in our info:
First raise e to the product of that power to get
Multiply those numbers together to get A(t) = $824.36
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Answer:
slope= -3
y-intercept= 6
Step-by-step explanation:
1. Approach
To solve this problem, one needs the slope and the y-intercept. First, one will solve for the slope, using the given points, then input it into the equation of a line in slope-intercept form. The one can solve for the y-intercept.
2.Solve for the slope
The formula to find the slope of a line is;
Where (m) is the variable used to represent the slope.
Use the first two given points, and solve;
(1, 3), (2, 0)
Substitute in,
Simplify;
3. Put equation into slope-intercept form
The equation of a line in slope-intercept form is;
Where (m) is the slope, and (b) is the y-intercept.
Since one solved for the slope, substitute that in, then substitute in another point, and solve for the parameter (b).
Substitute in point (3, -3)
Answer:
Step-by-step explanation:
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