document.write( "Question 64971: THE AMOUNT A IN AN ACCOUNT AFTER t YEARS FROM AN INITIAL PRINCILE P INVESTED AT AN ANNUAL RATE r COMPOUNDED CONTINUOUSLY IS GIVEN BY A=Pe^rt WHERE r IS EXPRESSED AS A DECIMAL. HOW MANY YEARS WILL IT TAKE AN INITIAL INVESTMENT OF $1,000 TO GROW TO $1,700 AT THE RATE OF 4.42% COMPOUNDED CONTINUOUSLY? \n" ); document.write( "
Algebra.Com's Answer #45475 by funmath(2933)![]() ![]() ![]() You can put this solution on YOUR website! THE AMOUNT A IN AN ACCOUNT AFTER t YEARS FROM AN INITIAL PRINCILE P INVESTED AT AN ANNUAL RATE r COMPOUNDED CONTINUOUSLY IS GIVEN BY A=Pe^rt WHERE r IS EXPRESSED AS A DECIMAL. HOW MANY YEARS WILL IT TAKE AN INITIAL INVESTMENT OF $1,000 TO GROW TO $1,700 AT THE RATE OF 4.42% COMPOUNDED CONTINUOUSLY? \n" ); document.write( "A=1700 \n" ); document.write( "P=1000 \n" ); document.write( "r=4.42/100=.0442 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Happy Calculating!!! \n" ); document.write( " |