Answer:
314.00
Step-by-step explanation:
Answer:
Step-by-step explanation:
The formula for continuous compounding is
where A(t) is the amount after all the compounding is done, P is the initial investment, r is the rate as a decimal, and t is the time in years. Filling in our info:
First raise e to the product of that power to get
Multiply those numbers together to get A(t) = $824.36
so a whole is same/same, in this context is 4/4 = 1, or four fourths.
now, we know 1/4 failed, that means 4/4 - 1/4 = 3/4 didn't fail, so 3/4 passed.
from that remaining 3/4, how many got an A? well 1/3, how much is 1/3 of 3/4? well is just their product, .
so 1/4 of the remaining 3/4 got an A, that means 3/4 of the remaining 3/4 did NOT get an A.
how much is 3/4 of 3/4? well, is just their product.