Answer:
A pound is bigger.
Step-by-step explanation:
16 ounces is equal to 1 pound.
For continuously compounded interest:
Amount = Principle * e^(rate * time)
A rate of 8% converted to a decimal value: r=0.08
With time t=4
and amount 1190
Plug all these values in,
1190 = Principle * e^(0.08 * 4)
And use your calculator to solve for the principle.
Maybe we'll call it P to make things easier.
1190 = P * e^(0.08 * 4)
1190 = P * 1.377
The principle is being multiplied by this 1.377,
divide by 1.377 to undo the multiplication.
864.11735 = P
X = 2
The absolute value lines basically just serve as parentheses in this equation.
(2-1)/(2-1) = 1
(1)/(1) = 1
Answer:
The answer is 686 but I coukd be wrong.
I think it’s 3 I’m not sure