Answers: 2
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
Mathematics, 22.06.2019 00:30, alyssa32900
Taber invested money in an account where interest is compounded every year. he made no withdrawals or deposits. the function a(t)=525(1+0.05)^t represent the amount of money in the account after t years. how much money did taber origanally invested?
Answers: 1
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