Less than bc multiplying by a fraction will give you a bigger answer than what you started with
Hope this helped
Answer:
(a) The continuously compounding account
(b) $1.39
Step-by-step explanation:
(a) At identical interest rates, continuous compounding will yield the greatest account balance when compared to periodic forms of compounding (i.e., yearly, quarterly, monthly, weekly, etc.).
(b) By compounding interest monthly, Gregory's account balance will be $6,291.61 after 10 years. By compounding interest continuously, his balance will be $6,293.00. Therefore, by choosing the continuously compounding account, he will earn $1.39 more over 10 years.
Answer:
A. 4,800 feet below sea level
Step-by-step explanation:
10,000 feet below sea level = -10,000 feet
"rises 5,200 feet" = +5,200 feet
=-10,000 + 5,200 = -4,800 feet
=4,800 feet below sea level.
Answer:
{x | x<5/4}
Step-by-step explanation:
Add 2 to both sides and simplify:
4x<5
Divide both sides by 4 and simplify:
x<5/4
