If
then we also have
Pairing up the terms, we can find that
consists of terms, so there are copies of in the sum . Then we find an immediate closed form for the sum:
Uh they must be good at math and that’s impressive? lol
Answer:
***The balance after 4 years is $3738.23***
Step-by-step explanation:
The amount in a continuously compounded account is given by:
where P=$3000 is the principal, r=5.5% is the annual interest rate and t=4 years.
We substitute these values to obtain:
This will evaluate to:
Rounding to the nearest cent, we get: $3738.23
Answer:
Could you be a little more clear? If your asking which planet is the most hottest in the solar system, that would be Venus.
Step-by-step explanation: