document.write( "Question 425062: assume you invest 2000$ at 3.5% compounded continuously, construct an equation that describes the value of your invesment at year t \n" ); document.write( "
Algebra.Com's Answer #296115 by Gogonati(855)![]() ![]() You can put this solution on YOUR website! Solution: Denote P=2000 the initial amount invested, r=3.5%=0.035 the interest rate and t the amount of time the investment is held. The compounded continuously A(t) can be given from the equation: ( A(t) is the value of investment after t- years)\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " |