For investments with continuous compounding, the formula to use is
F = Pe^(rn)
where F is the future worth, P is the present worth, r is the interest rate, and n is the number of years.
F = ($1500)e^(0.04*5)
F = $1832.1
In 5 years, your account would have $1832.1.
Answer:
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Step-by-step explanation:
A clock that uses hands to tell time is less precise than a clock that uses numbers.
A signal stored on a vinyl record is less easily copied than a signal stored in a computer.
A signal that is continuously varying is less reliable than a signal with limited possible values.
A signal transmitted by the human voice loses more energy as it travels than a signal transmitted by a fiberoptic cable.
Hope this helps! :)
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Answer:
27
Step-by-step explanation:
4 + 6 + 8 + 9= 27
Hope this helps! :o)
Answer:
The answers are :
1. 5%.
2. 467.50 DKK.
Step-by-step explanation:
Given:
Discount on Monday of a good at 10 percent.
Increase discount on Friday would be 15 percent.
1. Difference between the percentage = .
So, the percentage increase in discount is .
2. First, the actual price means the price without discount should be calculated.
So,let the actual price be :
According to question,
of
=
Multiplying both sides by 100
=
Dividing both sides by 90
=.
And, now the price after the announcement of the discount
of
=% of
=
=
=.
So, the price after the announcement of the percent discount is DKK.
Therefore, the answers are :
1. 5%.
2. 467.50 DKK.