Gregory may choose between two accounts in which to invest $5000. account a offers 2.3% annual interest compounded monthly. account b offers continuous compound interest. greg plans to leave his investment untouched (no further deposits and no withdrawals) for 10 years.

need calculating account b's balance

Step-by-step explanation:

If we calculate the Amount with both type of interest, we have:

Annual interest compounded monthly:

This means that with this interest, after 10 years he will get $6,291.61.

Continuous compound interest:

Meaning that Gregory will get 6,293.

As you can see, it's not a big difference, only $2 more, but it's still better.

(Image attached are formulas with the variables meanings)

i saw this question before, dont know the asnwer srry

step-by-step explanation:

it's 100

step-by-step explanation:

22, 28, 34, 40, 46

b)   f(n) = 6n + 16

  n = what is the number of the row ( 22 would be row 1) so if we replaced n with 1, we would get 22

c)   the  14th  row will have 100 seats

(1)   (2)   (3)   (4)   (5)   (6)   (7)   (8)   (9)   (10) (11) (12) (13) (14)

22 | 28 | 34 | 40 | 46 | 52 | 58 | 64 | 70 | 76 | 82 | 88 | 94 | 100

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