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khenalilovespandas
05.11.2019 •
Mathematics
Some banks advertise that money in their accounts is compounded continuously. to get an understanding of what this means, divide the year into 100 comma 000 compounding periods per year. apply the compound interest formula for finding future value to approximate what the effective yield would be if the compounding were done continuously for the stated nominal yield.
nominal yield, 19%
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Ответ:
20.9249%
Step-by-step explanation:
The effective yield for rate r compounded n times per year is ...
APY = (1 +r/n)^n -1
For r=0.19 and n=100,000, the yield is ...
APY = (1 +0.0000019)^100000 -1 ≈ 0.209249379 ≈ 20.9249%
The actual yield for continuous compounding is ...
APY = e^r -1
For r=0.19, this is APY ≈ 0.209249598
This value differs from the above in the 7th decimal place. Rounding to 6 decimal places would give different values.
Ответ:
It must have the same slope as the given line, so
m = -A/B = -1/-2 = 1/2
So far, we have
y = mx + b = x/2 + b
Use the given point to find b.
4 = -2/2 + b = -1 + b
b = 5
y = x/2 + 5
Multiply through by 2.
2y = x + 10
Standard form:
x - 2y = -10