document.write( "Question 999036: Suppose that $2600 is initially invested in an account with an APR of 3.3% compounded continuously. \r
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document.write( "What is the percent change over 10 years for this account?
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document.write( "Please help! \n" );
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Algebra.Com's Answer #616771 by fractalier(6550)![]() ![]() You can put this solution on YOUR website! If you evaluate your function for t=10, you get \n" ); document.write( "f(10) = 3616.52 \n" ); document.write( "Subtract 2600 and then divide by 2600... \n" ); document.write( "1016.52/2600 = .391 \n" ); document.write( "Then divide by ten years and get 3.91%. \n" ); document.write( "Sounds about right. \n" ); document.write( " |