Given:
Principal value = $240,000
Rate of interest = 6% compounded continuously.
Time = 30 years
To find:
The amount after interest.
Solution:
The formula for amount after continuous compounding the interest is:
Where, P is principal, r is rate of interest and t is the number of years.
Putting , we get
Therefore, Martins will pay $1451,915.39 for the house, including interest.
Answer:
(5,-4)
Step-by-step explanation:
Hii i don't know how to explain but i hope this helps
Answer:
How much money does he make each driveway? If you give me hat information I can easily give ya the answer
Step-by-step explanation:
Answer:
it is twice as long(10/12 inches longer
Step-by-step explanation:
1 4/6 make the 6 a 12 and the four a 8. 1= 12/12 so 8+12=20 so 20/12 and 20 is 10/12 more that 10/12 or twice as much.