Answer:
the amount after 5 years using compound continuously is $135.03
Step-by-step explanation:
The computation of the amount after 5 years using compound continuously is as follows
= Principal × e^(rate × time period)
= $110 × e^(4.2% × 5)
= $110 × 1.227525065
= $135.03
Hence, the amount after 5 years using compound continuously is $135.03
We simply applied the above formula so that the correct value could come
And, the same is to be considered
H would decrease either way because h is a variable for a certain number. that number would usually be divided from both sides. you would be eliminating x from the equation. 125x/h. by dividing you are creating a smaller number. by dividing you are decreasing. you're welcome. :)
The choices should be B, C, and E. Hope this helps
