Answer:
ibk looks it up please hope this helps
Start with the original expression.
Use the Distributive Property — multiply by both and .
Combine the like terms — add up all the constants.
Reorder the terms.
answer: 105+3x
step by step: times 3 by 35 an then 3 times x
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
The answer to your question is(1,2)