What is the formula for continuous compound interest?
The Natural Base e

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•
Mathematics
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
2.
FLASHCARD QUESTION
Front
How do you calculate the amount of money in an account after continuous compounding?
Back
3.
FLASHCARD QUESTION
Front
What does the variable 'e' represent in the context of continuous compounding?
Back
The variable 'e' is a mathematical constant approximately equal to 2.71828. It is the base of the natural logarithm and is used in continuous compounding to model exponential growth.
4.
FLASHCARD QUESTION
Front
If you deposit $5,000 at an interest rate of 3% compounded continuously, how much will you have after 8 years?
Back
5.
FLASHCARD QUESTION
Front
What is radioactive decay?
Back
Radioactive decay is the process by which an unstable atomic nucleus loses energy by emitting radiation. This process results in the transformation of the original element into a different element or isotope.
6.
FLASHCARD QUESTION
Front
How do you determine the initial amount of a radioactive substance from a decay graph?
Back
The initial amount of a radioactive substance can be determined by locating the y-intercept of the decay graph, which represents the quantity of the substance at time zero.
7.
FLASHCARD QUESTION
Front
What is half-life in the context of radioactive decay?
Back
Half-life is the time required for half of the radioactive atoms in a sample to decay. It is a constant for each radioactive isotope.
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