Jocelyn is going to invest $610 and leave it in an account for 12 years. Assuming the interest is compounded continuously, what
interest rate, to the nearest tenth of a percent, would be required in order for Jocelyn to end up with $1,220?
2 answers:
Answer:3.6
Step-by-step explanation:
Answer:
0.06 or 6%
Step-by-step explanation:
Continuous Compounding:
0.06 or 6%
You might be interested in
Answer: 7,-7
Step-by-step explanation: 7 squared is 7 times 7 which equals 49
-7 times -7 is also 49 bc the negatives cancel each other out
Answer:
0.8r
Step-by-step explanation:
r - 0.2r
= 1r - 0.2r ← factor out r from each term
= r(1 - 0.2)
= r × 0.8
= 0.8r
Answer:
y=1,2 y=2
Step-by-step explanation:
2x+4(2x+7)+3(2x+4)
2x+8x+28+6x+12
16x+40
16x+40 would be the answer you can’t solve it any further
Use the formula y2-y1/x2-x1.
3-3/-4-8
0/-12
The slope is 0, so the line is horizontal.
