Answer: -11/2
Step-by-step explanation:
Just set it up so it looks like this:
-2/1 x 11/4 and multiply across the top, which would be -22 and then the across the bottom, which would equal 4. So it’s -22/4. BUT you can simplify it down to -11/2 by dividing both sides of the fraction by 2. So then answer is -11/2
Hope that makes sense! :)
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
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The answer is attached, hope this helps!
