Answer:
the amount after 5 years using compound continuously is $135.03
Step-by-step explanation:
The computation of the amount after 5 years using compound continuously is as follows
= Principal × e^(rate × time period)
= $110 × e^(4.2% × 5)
= $110 × 1.227525065
= $135.03
Hence, the amount after 5 years using compound continuously is $135.03
We simply applied the above formula so that the correct value could come
And, the same is to be considered
=0.4237288136 ..... 0.423 | 7 +1 ~~ 0.424
Answer:
12 years
Step-by-step explanation:
20-8=12
Micheal's babysitter is 12 years older than Micheal.
Answer:
f(n + 1) = f(n) + 0.75
Step-by-step explanation:
Answer:
9
Step-by-step explanation:
We have to multiply 60 by 15%
15% =
= 0.15, hence
number of text = 60 × 0.15 = 9