Answer:
65% profit
-25% discount
Step-by-step explanation:
cost price = 40+25 = 65% higher than marked price
discount = -25%
14 because a negative minus a negative is a positive; you add a line and change the sign
We have been given that a person places $6340 in an investment account earning an annual rate of 8.4%, compounded continuously. We are asked to find amount of money in the account after 2 years.
We will use continuous compounding formula to solve our given problem as:
, where
A = Final amount after t years,
P = Principal initially invested,
e = base of a natural logarithm,
r = Rate of interest in decimal form.
Upon substituting our given values in above formula, we will get:
Upon rounding to nearest cent, we will get:
Therefore, an amount of $7499.82 will be in account after 2 years.
Answer:
lol
Step-by-step explanation:
lollololol
llllllllllllllllllllllllooooooooooooooooooooooooooooooooooooooooollllllllllllllllllllll
The answer to your problem is........... 60..... i think :)
