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Mathematics, 21.06.2019 20:10
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.
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Mathematics, 21.06.2019 20:30
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Suppose a gym membership has an initial enrollment fee of $75 and then a fee of $29 a month. which equation models the cost, c, of the gym membership for m months?
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