Answer:
Solve for the input that corresponds to the given output value. (Round answers to three decimal places when appropriate. Enter your answers as a comma-separated list. Note: Even though the question may be completed without the use of technology, the authors intend for you to complete the activity using the technology you will be using.
Step-by-step explanation:
Heyyyyyy new friends and I have no clue what the answer is cause I don’t feel like reading that but anyway yea nfs?
Answer:
The second answer is correct.
Step-by-step explanation:
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:
B
Step-by-step explanation:
It's domain is side from side and so it can't be c or d. and it range goes to a positive number so it has to be B.
