9514 1404 393
Answer:
- 10,247.38 from continuous compounding
- 10,228.50 from semiannual compounding
- continuous compounding earns more
Step-by-step explanation:
The formula for the account balance from continuously compounded interest at annual rate r for t years is ...
A = Pe^(rt) . . . . P = principal invested
A = 8820e^(0.05·3) ≈ 10,247.38 . . . continuous compounding
__
The formula for the account balance from interest compounded semiannually at annual rate r for t years is ...
A = P(1 +r/2)^(2t)
A = 8820(1 +.05/2)^(2·3) ≈ 10,228.50 . . . semiannual compounding
Continuous compounding earns more.
65 degrees. alternate exterior angles of two parallel lines intersected by a transversal are equal
Answer:
7.23522974
Step-by-step explanation
7 would be in the ones place, 2 in the tenths, 3 in the hundredth, 5 in the thousandth, and so on. Since the number after 3 is over 5, it will go up by one. So the answer would be 7.23522974
Answer: 3
Step-by-step explanation:
Mean simply means average. To calculate mean,we add together all the numbers given and divide them by the amount of numbers.
The Mean here will be:
= [8 +(-10) + 7 + 10 + (-3) + 6]/6
=18/6
= 3
The mean is 3
1/243
each second number is being multiplied by three
3*3=9
9*3=27
27*3=81
so 81*3=243
243 is the answer
