document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=754039>Question 754039</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Good day, please help me solve this below. I am confused on the \"continously\" part.\r<BR>\n" );
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document.write( "1.Find the present value, using the present value formula and a calculator. (Round to the nearest cent).<BR>\n" );
document.write( "Achieve $225,500 at 8.75% compounded countinously for 8 years, 145 days. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #458759 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=458759\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1.Find the present value, using the present value formula and a calculator. (Round to the nearest cent).<BR>\n" );
document.write( "Achieve $225,500 at 8.75% compounded countinously for 8 years, 145 days.<BR>\n" );
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document.write( "145 days = 145/365 =~ 0.39726<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=FV+=+PV%2Ae%5E%28rt%29 ALIGN=MIDDLE  ALT=\"FV+=+PV%2Ae%5E%28rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=225000+=+PV%2Ae%5E%280.0875%2A8.39726%29 ALIGN=MIDDLE  ALT=\"225000+=+PV%2Ae%5E%280.0875%2A8.39726%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=PV+=+225000%2Fe%5E%280.0875%2A8.39726%29 ALIGN=MIDDLE  ALT=\"PV+=+225000%2Fe%5E%280.0875%2A8.39726%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "PV =~ $107914.60 </SPAN>\n" );
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