document.write( "Question 912116: Roland deposits money into two separate savings accounts on the same day. He deposits $600 into account A, which is compounded continuously at an annual interest rate of 4%. Into account B, he deposits $400, which is compounded continuously at an annual interest rate of 8%. Both accounts are invested for n years after the initial deposit.
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document.write( "Part A: Write an exponential function for each account to represent the balance n years after Roland's initial deposit.
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document.write( "Please show the formula and how to do it. \n" );
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Algebra.Com's Answer #553586 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! A = P e ^(rt), \n" ); document.write( "A1 = 600 e ^(.04n) \n" ); document.write( "A2 = 400 e ^(.08n) \n" ); document.write( " |