They are different equations lol. If you plug in the same x and y for both you wont get the same answer. Do you have answer choices?
Usually the easiest way to solve this is by using a calculator. Of course only if your teacher allows you too.
Answer:
<h2>
$31,745</h2>
Step-by-step explanation:
Compound continuously:
FVn = PV x e^rn
where
PV = $20,000
r = 3.85%
n = 12 years
plugin values into the formula:
FV₁₂ = $20,000 x e ⁰°⁰³⁸⁵ ⁽¹²⁾
FV₁₂ = $31,745
Answer: x = 4
Step-by-step explanation:
Answer:
9/10 would be $1.80
2 would be $2.90
3 and 1/10 would be $4
10 would be $10.90
Step-by-step explanation:
Youre welcome bud im not sure how to explain tho