document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=999040>Question 999040</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that $2600 is initially invested in an account with an APR of 3.3% compounded continuously. \r<BR>\n" );
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document.write( "I created this function, I don't know if it helps:<BR>\n" );
document.write( "f(t)=2600e^(.033t)<BR>\n" );
document.write( "And I calculated that the annual percent change (APY) of the account is 3.36%\r<BR>\n" );
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document.write( "What is the percent change over 10 years for this account?<BR>\n" );
document.write( "Please help!<BR>\n" );
document.write( "Thanks! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #616756 by </B><A HREF=/tutors/aboutme.mpl?userid=KMST><B>KMST(5328)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=KMST><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=KMST><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=616756\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=f%280%29=2600%2Ae%5E0=2600%2A1=2609 ALIGN=MIDDLE  ALT=\"f%280%29=2600%2Ae%5E0=2600%2A1=2609\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=f%281%29=2600%2Ae%5E%280.033%2A1%29=2600%2Ae%5E0.33 ALIGN=MIDDLE  ALT=\"f%281%29=2600%2Ae%5E%280.033%2A1%29=2600%2Ae%5E0.33\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "The ratio is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=f%281%29%2Ff%280%29=e%5E0.033=1.0336=%22103.36%25%22 ALIGN=MIDDLE  ALT=\"f%281%29%2Ff%280%29=e%5E0.033=1.0336=%22103.36%25%22\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "So after one year, the investement grew to <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%22103.36%25%22 ALIGN=MIDDLE  ALT=\"%22103.36%25%22\"   DISABLED_style= \"max-width:90%; height:auto;\" > of the original investment.<BR>\n" );
document.write( "The percent change over 1 year (the APY) was <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%22103.36%25%22-%22100%25%22=%223.36%25%22 ALIGN=MIDDLE  ALT=\"%22103.36%25%22-%22100%25%22=%223.36%25%22\"   DISABLED_style= \"max-width:90%; height:auto;\" > .<BR>\n" );
document.write( "After 10 years,<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=f%2810%29=2600%2Ae%5E%280.033%2A10%29=e%5E0.33=about139.10=%22139.10%25%22 ALIGN=MIDDLE  ALT=\"f%2810%29=2600%2Ae%5E%280.033%2A10%29=e%5E0.33=about139.10=%22139.10%25%22\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "The percent increase over the 10 years is<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=%22139.10%25%22-%22100%25%22=%2239.10%25%22 ALIGN=MIDDLE  ALT=\"%22139.10%25%22-%22100%25%22=%2239.10%25%22\"   DISABLED_style= \"max-width:90%; height:auto;\" > </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );