3 years ago

Exponential & Logarithmic Functions

Mathematics

1 answer:

Lady bird [3.3K]3 years ago

4 0

Answer:

What would be the growth factor (multiplier)?

Continuously compounded:

e or 2.718.

Simple interest:

1.84

If the trend continues how much would the house be worth 12 years after Sam

purchased the house?

Continuously compounded:

$347,455.05

Simple interest:

$276,000.00

_______________

Step-by-step explanation:

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