document.write( "Question 301588: Suppose that $4000 is invested at an interest rate of 5.5% per year, compounded continuously. what is the balance after 8 years? \n" ); document.write( "
Algebra.Com's Answer #216250 by nyc_function(2741) You can put this solution on YOUR website! We use A = Pe^(rt).\r \n" ); document.write( "\n" ); document.write( "A = 4000e^(0.055 * 8)\r \n" ); document.write( "\n" ); document.write( "Can you solve for A now? \n" ); document.write( " |