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Mathematics 22 Online
OpenStudy (anonymous):

A formula exists for a monetary return on an investment of continuously compounded interest. If the interest is compounded only once a year, use the following formula. Suppose you have $100 to invest, but started investing only $50. What changes might increase your return on investment, if you plan to invest for 5 years? Use the given formula and real numbers in your explanation. Be creative in your response! A = P(1 + r)^n where A is the total amount, P is the principal invested, r is the annual interest rate, and n is the number of years

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