$\bf \qquad \textit{Compounding Continuously Earned Amount}\\\\
A=Pe^{rt}\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$1740\\
r=rate\to 12\%\to \frac{12}{100}\to &0.12\\
t=years\to &5
\end{cases}
\\\\\\
A=1740\cdot e^{0.12\cdot 5}$

bear in mind that the continuously compounding interest is just that, a daily compounding cycle, taking a year as 365days.

3 0

3 years ago

Sam lives 3.5 times farther from school than Sara does. Sam lives 13.3 miles from school. How far from school does Sara live?

Andreyy89

Let distance of Sarah from school = x
Distance of sam from school = 3.5x or 13.3

=> 3.5x = 13.3
X = 13.3/ 3.5
X = 3.8

4 0

3 years ago

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