Answer:
Step-by-step explanation:
A horizontal line is a "y = " line. So the horizontal line that goes through the point given has the equation y = -1 (-1 being the y coordinate of the point). That means that another point on this line, y = -1, will also have to have a y coordinate of -1. The only one is the last one, (-2, -1).
178.
If number CLXXVIII is within to text or sentence it should be read in its equivalent in arabic numbers, in this case 178.
:)
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
