Question 591727
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*[tex \LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ Pe^{rt}]


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ A] is the future value


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ P] is the initial investment


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ e] is the base of the natural logarithms


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ r] is the interest rate as a decimal


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ t] is the number of years


Plug in your values and do the arithmetic:


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ 500e^{0.08\,\cdot\,15}]


Get out your calculator and get to punching buttons.


John
*[tex \LARGE e^{i\pi} + 1 = 0]
My calculator said it, I believe it, that settles it
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