Answer:
80%
Step-by-step explanation:
1 = 20%
4 = 80%
hopefully this helps you :)
pls mark brainlest ;)
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:
-0.36734693877
Step-by-step explanation:
Answer:
give me one minute
Step-by-step explanation:
ok so you use a graph 1 second
