document.write( "Question 1138574: Suppose an investment account is opened with an initial deposit of $10500 earning 6.25% interest, compounded continuously. How much will the account be worth after 25 years? \n" ); document.write( "
Algebra.Com's Answer #756359 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "For continuous compounding, \n" ); document.write( " \n" ); document.write( "A is the final value \n" ); document.write( "P is the initial principle \n" ); document.write( "r is the (annual) interest rate (as a decimal) \n" ); document.write( "t is time (years) \n" ); document.write( " \n" ); document.write( "Use a calculator.... \n" ); document.write( " |