Average rate of change is (f(8) - f(-6))/(8 - (-6)) = ((<span>|8 + 3| -1) - (</span><span>|-6 + 3| -1))/(8 + 6) = ((</span><span>|11| -1) - (</span><span>|-3| -1))/14 = ((11 - 1) - (3 - 1))/14 = (10 - 2)/14 = 8/14 = 4/7</span>
Continuous compounding is the mathematical limit that compound interest can reach.
It is the limit of the function A(1 + 1/n) ^ n as n approaches infinity. IN theory interest is added to the initial amount A every infinitesimally small instant.
The limit of (1 + 1/n)^n is the number e ( = 2.718281828 to 9 dec places).
Say we invest $1000 at daily compounding at yearly interest of 2 %. After 1 year the $1000 will increase to:-
1000 ( 1 + 0.02/365)^365 = $1020.20
with continuous compounding this will be
1000 * e^1 = $2718.28
Answer:
1 she spent 133
2 12 yd
3 his sister is 79 meters below him
4 the temp raised by 33 degrees
5 she has 92$ in her bank account
Step-by-step explanation:
Answer:
x = -16
Step-by-step explanation:
-4x - 13 = 51
-4x = 51 + 13
-4x = 64
x = -16
Answer:
first one
Step-by-step explanation:
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