3 years ago

Mow much would 600$ invested at 8% interest compounded continuously be worth after 3 years?

Mathematics

1 answer:

Stells [14]3 years ago

7 0

The amount would be 2,250.

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Answer:

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Step-by-step explanation:

Explanation:-

Given data the number of CD' s n = 8

We have to selected '4' CD' s from total '8' CD's

By using permutations

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= $8_{P_{4} }$

we know that

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$8_{P_{4} } = \frac{8!}{(8-4)!} = \frac{8 X 7 X 6 x 5 X 4!}{4!} = 1680$

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