Your formula is missing the exponent sign "^", it should read: P(1+r)^n. Re: what changes would increase your return? - the compounding period (continuous compounding is higher than annual compounding), the higher "r" is the higher the return. The higher P is the higher the return - the beauty of compounding interest...interest paid on interest earned (already paid).
Example: Formula for annually compounded interest at 4%:
$50(1.04)^5 = $60.83
vs. if you invested all of the $100 now...
$100(1.04)^5 = $121.67
you have invested only $50 more, but you receive...
interest on the $50 = (60.83 - 50) = 10.83
interest on the $100 = (121.67 - 100) = 21.67
if you wait to invest the additional $50 you will lose the opportunity to receive interest on it, and interest on the interest paid each year during the 5 year period.
Above example with continuous compounding: Formula: P(e)^(r*t) where r= rate (here I use 4%) and t = time...."e" is a constant for continuous compounding, roughly equivalent to: 2.71828
$50(e)^(0.04*5) = $50(1.2214) = 61.07
$100(e)^(0.04*5) = $100(1.2214) = $122.14
you can see that with continuous compounding (vs. annual compounding) you earn more interest because interest is compounded more frequently (and that interest earns interest)...
Answer:
d
Step-by-step explanation:
I'll solve for y
xy+(4(20))>x-5y(2+9-7)
xy+4(20)>x-5y(2+9-7)
xy+4(20)>x-5y(4)
xy+4(20)>x-20y
xy+80>x-20y
xy+20y+80>x
y(x+20)>-80+x
y>(-80+x)/(x+20)
Answer:
domain ( 0-5) minutes
Range ( 0-300) miles
Step-by-step explanation:
Here, we are interested in writing the domain and range for the journey to the prospective colleges.
The range simply deaths with the distances in miles while the domain is the time in seconds.
The range is simply the smallest value on the y-axis to the largest value on the y-axis
The domain refers to the smallest value on the x-axis to the largest value of the x-axis
Kindly note that the domain and range does not refer to the labelings of the highest and lowest value on the axes but the highest and lowest value involved in plotting of the line in the graph.
From the graph, we can see that we have a range of; (0-300) miles while the domain is from (0-5) minutes
Answer: A
Step-by-step explanation:
2y - 10 > 13 y = -5
2(-5) - 10 > 13
-10 - 10 > 13
-20 > 13
False