document.write( "Question 140002: On the day of your grandchild's birth, you deposit$46881 in a trust fund that pays 7.01% interest, compounded continously. Find the balance in this account on your grandchilds 29th birthday. Being that i'm really old now i'm having some difficulty solving this problem. \n" ); document.write( "
Algebra.Com's Answer #102028 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A(t) = Pe^(rt) \n" ); document.write( "A(29) =46881*e^(0.0701*29) \n" ); document.write( "A(29) = $357992.66 \n" ); document.write( "====================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |