<PRE><B>Question 586811</B>
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*[tex \LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ Pe^{rt}]


*[tex \LARGE A] is the future value, i.e. the answer to your problem.  *[tex \LARGE P] is the orginal investment, *[tex \LARGE r] is the annual interest rate expressed as a decimal fraction (0.012 in this case), *[tex \LARGE t] is the number of years of the investment, and *[tex \LARGE e] is the base of the natural logs.


Plug in the known values and do the arithmetic.



John
*[tex \LARGE e^{i\pi} + 1 = 0]
My calculator said it, I believe it, that settles it
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