document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=999039>Question 999039</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!!!! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #616767 by </B><A HREF=/tutors/aboutme.mpl?userid=fractalier><B>fractalier(6550)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fractalier><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=fractalier><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=616767\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If you evaluate your function for t=10, you get<BR>\n" );
document.write( "f(10) = 3616.52<BR>\n" );
document.write( "Subtract 2600 and then divide by 2600...<BR>\n" );
document.write( "1016.52/2600 = .391<BR>\n" );
document.write( "Then divide by ten years and get 3.91%.<BR>\n" );
document.write( "Sounds about right. </SPAN>\n" );
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