Answer:
The answer to your question is cost of 0.6 pound of candy $4.17
Step-by-step explanation:
Data
1 pound of candy = $6.95
only 0.6 pounds
final cost = ?
Process
1.- Use proportions to find the cost of 0.6 pounds of candy
1 pound of candy -------------- $6.95
0.6 pound of candy ---------- x
2.- Use cross multiplication
x = (0.6 x 6.95) / 1
3.- Simplification and result
x = $ 4.17
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 a
Step-by-step explanation:
if you work for $10 an hour, and work for 2 hours, you make $20 but if you double the hours worked, so 4 hours, you make $40, which is double the hours, and double the money
X+10=15
Isolate x by subtracting 10 from both sides
x+10-10=15-10
x=5
Final answer: B
Check by plugging the value in
5+10=15
True
3.5 miles per hour. 7/8 (.875) divided by 1/4 (.25) equals 3.5. Hope this helps!
