document.write( "Question 1072335: How much money would you have if $1500 is invested for 10 years at 2.4%, continuously compounded?
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document.write( "Work I have tried
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document.write( "Equation I used was A=Pe^rt
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document.write( "A=1500e^10(.24)
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document.write( "A=1500e^24 \n" );
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Algebra.Com's Answer #687249 by jorel1380(3719)![]() ![]() You can put this solution on YOUR website! Using the equation A=p x e^rt, we get: \n" ); document.write( "A=1500 x e^10(.024)=1500 x e^.24 \n" ); document.write( "Using a calculator to get the exponential value of e, we get A=1906.87. ☺☺☺☺ \n" ); document.write( " |