Answer:
62.8
Step-by-step explanation:
10*2=20
20*3.14= 62.8
HOPE IT HELPS
Answer:
Step-by-step explanation:
The sale price is 120 and he will get and i think he makes $12 commission
Continuous compounding is the mathematical limit that compound interest can reach.
It is the limit of the function A(1 + 1/n) ^ n as n approaches infinity. IN theory interest is added to the initial amount A every infinitesimally small instant.
The limit of (1 + 1/n)^n is the number e ( = 2.718281828 to 9 dec places).
Say we invest $1000 at daily compounding at yearly interest of 2 %. After 1 year the $1000 will increase to:-
1000 ( 1 + 0.02/365)^365 = $1020.20
with continuous compounding this will be
1000 * e^1 = $2718.28
Let the number be x. Then 1.25x = 325, or x = 260.
20% less than 260 is 0.80(260) = 208