document.write( "Question 32278: Bill incested $2,000 at 9% compounded continuously. How much money did he have after 4 years? (steps on a calculator) \n" ); document.write( "
Algebra.Com's Answer #18860 by TinaH(1) ![]() You can put this solution on YOUR website! On a TI-83 calculator I plugged in 2000 2nd key e^(.09 x 4) hit enter answer is \n" ); document.write( "2866.658829 round if directions say, or instructor say. \n" ); document.write( "Also be sure to use parenthesis.\r \n" ); document.write( "\n" ); document.write( "using the A=Pe^rt formula \r \n" ); document.write( "\n" ); document.write( "p=origional amount 2000.00 \n" ); document.write( "e^ \n" ); document.write( "r=rate 9% converted to decimal .09 \n" ); document.write( "t= time in this example 4 years \n" ); document.write( " |