document.write( "Question 604712: if i put 1500 dollars in a savings account that has 10% interest .and left it there for 40 yrs , how much would i have at the end of the 40yrs \n" ); document.write( "
Algebra.Com's Answer #381352 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! if i put 1500 dollars in a savings account that has 10% interest .and left it there for 40 yrs , how much would i have at the end of the 40yrs \n" ); document.write( "------------- \n" ); document.write( "If it's compounded annually, it's \n" ); document.write( "1500*1.1^40 \n" ); document.write( "=~ $67888.88 \n" ); document.write( "-------------- \n" ); document.write( "If it's compounded continously, it's \n" ); document.write( "1500*e^(0.1*40) \n" ); document.write( "=~ $81897.23 \n" ); document.write( " |