Ask your own question, for FREE!
Mathematics 8 Online
OpenStudy (anonymous):

exp growth decay for investment

OpenStudy (anonymous):

OpenStudy (aaronq):

I havent done a problem likw this in awhile, but i dont think "compounded continuously" makes a difference in the formula, i think you would still follow the same process. \(\large \sf A_t=A_o*e^{rt}\) \(\large \sf A_t=d*e^{0.02(7)}=1.15d\)

OpenStudy (anonymous):

At=d∗e0.02(7)=1.15d for the other parts be like whats 2d right?

OpenStudy (aaronq):

yeah, it'd be like \(\large \sf 2d=d*e^{0.02t}\) then you'd solve for t

OpenStudy (anonymous):

easy enough thanks man

OpenStudy (aaronq):

no probs !

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!
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!