The propibility would be six
Answer:
able to be believed; convincing. hope this helped
The formula for compound continuously rate
.
Where is A (future amount) = 2519, P (initial amount) = 2300, e is the mathematical constant, r (rate of interest) which is unknown, and t (time in years) = 20
Now we plug in the variables into the equation.
It is asking for the rate, so must isolate
.
First we divide 2300 on both sides of the equation.
Then we enter the inverse of
, which is log.
Then divide
on both sides.
Then divide 20 on both sides.
Finally solve for
0 = r
The answer is r = 0%