3/5 x9 for both then its equal to 27/45
4/9 x5 both then its equal to 20/45
Them 3/5 is greater
She should save $38,450.39.
The formula for the amount of money in an interest-bearing account that is compounded is

where A is the total amount in the account, p is the amount of principal invested, r is the interest rate as a decimal number, n is the number of times per year interest is compounded, and t is the number of years. Using our information we have:

Divide both sides:
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:
I would say you are correct
Step-by-step explanation:
Answer:
it is :119.5714
Step-by-step explanation:
15 3/14+24 1/14+12 2/7+12 2/7+10 1/7+10 1/7+35 3/7=
step by step now:
15 3/14+24 1/14+12 4/14+12 4/14+10 2/14+10 2/14+35 6/14=118 22/14=118+1.5714=119.5714