document.write( "Question 1207184: Randy invested his inheritance in an account that paid 6.4% interest, compounded continuously. After 8 years, he found that he now had $59,272.90. What was the original amount of his inheritance?\r
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Algebra.Com's Answer #844917 by math_tutor2020(3817)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "A = P*e^(r*t) \n" ); document.write( "59272.90 = P*e^(0.064*8) \n" ); document.write( "59272.90 = P*1.66862511014 \n" ); document.write( "P = 59272.90/1.66862511 \n" ); document.write( "P = 35521.99930636 \n" ); document.write( "P = 35522.00 dollars is the final answer \n" ); document.write( " \n" ); document.write( " |