lockshernostaw
lockshernostaw lockshernostaw
  • 26-10-2019
  • Mathematics
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please help with this math question

please help with this math question class=

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Timmartian2
Timmartian2 Timmartian2
  • 26-10-2019

Answer:

Continuous compounding is like compound interest, but it is continuous; in other words, it is compounded an infinite amount of times, making it an extreme version of compounding.

Because of this, you would have an infinite amount of money; this means continuous compounding would give you more.

"How much more?" you may ask. Well, infinitely

Infinity - $6568.67 (That is the monthly compound interest) still = infinity.

Hope this helped :)

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