SOLUTION: ANYONE PLEASE HELP ME SOLVE THIS PROBLEM: The amount A in an account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A=P

Question 55171: ANYONE PLEASE HELP ME SOLVE THIS PROBLEM:
The amount A in an account after t years from an initial principle P invested at an annual rate r compounded continuously is given by A=Pe^rt where r is expressed as a decimal. How many years will it take an initial investment of $1,700 at the rate of 4.42% compounded continuously?
Found 2 solutions by stanbon, funmath:
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A=Pe^rt where r is expressed as a decimal. How many years will it take an initial investment of $1,700 at the rate of 4.42% compounded continuously?
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How many years will it take it to do what?
Cheers,
stan H.
Answer by funmath(2933) (Show Source): You can put this solution on YOUR website!
You forgot to end the question, how long will it take an initial investment of $17,000 compunded continuously at a rate of 4.2% to do what? How much do you want to make?
I'll be waiting for your reply---you can tell me what you intended in the way that students say thank you. I'll go back and change your question and change this answer.
funmath
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