Answers: 2
Mathematics, 21.06.2019 15:00, gustavoroggero39
The lee family bought their home for $220,000 this year. the equation =220,000(1.038) v = 220 , 000 ( 1 . 038 ) x can be used to find the value, v, of their home after x years. which will be the value of the lee family's home in 5 years?
Answers: 1
Mathematics, 21.06.2019 20:10, morgantisch25
A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
Answers: 1
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