Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Financial Mathematics
Continuous Compound Interest
Does $1000 at a rate of growth of 12% compounded continuously grow more slowly than $120,000 at a rate of growth of 12% compounded continuously?
1 answer
yes
You can
ask a new question
or
answer this question
.
Related Questions
If P(t) is the amount of dollars in a savings bank account that pays a yearly interest rate of r% compounded continuously ,then
You deposit $1000 into an account that pays interest at a 5.5% annual rate compounded continuously. After years, the balance in
Following the birth of a child, a parent wants to make an initial investment P 0 that will grow to $70,000 for the
Liam puts $2,000 in the bank with a 3% annual interest rate compounded annually. If Liam does not touch his money, how much
Complete the table for the time t (in years) necessary for P dollars to triple when it is invested at an interest rate r
Liam puts $2,000 in the bank with a 3% annual interest rate compounded annually. If Liam does not touch his money, how much
Apply the formula A=Pe^rt. Dora invests $5,000 is an account that is compounded continuously at an annual interest rate of 2.5%.
How much money will we have in 6 months if we invest $1000 into an account earning 8% compounded continuously?
How long will it
a bank account earns 7% annual interest compounded continuously. you deposit $10,000 in the account, and withdraw money
A corporation starts to invest part of its revenue continuously at rate of P dollars per year in a fund for future expansion
