Ask
your own question, for FREE!
Mathematics
16 Online
OpenStudy (anonymous):
Where do i start on this one? I need to show continous compounding....show all work to solve?An initial investment of $1000 is appreciated for 8 years in an account that earns 9% interest, compounded annually. Find the amount of money in the account at the end of the period.
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (anonymous):
A=Pe^rt A=1000e^(.09)(8) A=$2054.43
OpenStudy (anonymous):
multiplying the .09 would be the 9% interest?
OpenStudy (anonymous):
Yes
OpenStudy (anonymous):
cool thanks buddy!
OpenStudy (anonymous):
You're welcome!
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol:
@tinydinoUwU stop trying to find a argument u blad lil boy
TinydinoUwU:
**(Verse 1)** Yo, trapped in a box, Iu2019m feelin' so confined, Lifeu2019s a game of chess, but Iu2019m stuck in rewind, Every dayu2019s a struggle, man, I
Arriyanalol:
hey umm so i need help with my lanauage art ixl anybody wanna help big mama
Nina001:
ho where do i go to buy Subscirption for a moving pfp because on my screen im on
Arriyanalol:
@tinydinoUwU stop trying to find a argument u blad lil boy
1 day ago
5 Replies
3 Medals
TinydinoUwU:
**(Verse 1)** Yo, trapped in a box, Iu2019m feelin' so confined, Lifeu2019s a game of chess, but Iu2019m stuck in rewind, Every dayu2019s a struggle, man, I
6 hours ago
13 Replies
5 Medals
Arriyanalol:
hey umm so i need help with my lanauage art ixl anybody wanna help big mama
4 days ago
2 Replies
2 Medals
Nina001:
ho where do i go to buy Subscirption for a moving pfp because on my screen im on
5 days ago
4 Replies
2 Medals
