i have question on my equation
A= 7500(1.0000273972)
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
so i already started
A= 7500(1+0.01/365)^(365*10)
A= 7500(1.0000273972)^(3650)
A= 7500(1.0000273972)
OpenStudy (anonymous):
what's next ?? I'm completely stuck
OpenStudy (anonymous):
I have an example on my lesson and it's
A=5000(1+0.0075/365)^365*10
A=5000(1.0000205479)^3650
A=5000(1.0778833)
A=5389.42
OpenStudy (anonymous):
i understand this but in the example equation from step 2 to 3 and 4 what where the steps to get to that
OpenStudy (cwrw238):
you can only do the third line by using a scientific or graphical calculator
enter 1.0000273972 then ^ then 3650 Press EXE and it will give you the result
The last part is multiplying by 7500
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
ok so i would need to first do 1.0000273972^3650 then multiply 7500
OpenStudy (anonymous):
hey when i do that on my lesson example i get 1.07788314249
OpenStudy (anonymous):
not 1.0778833
OpenStudy (anonymous):
i got 1.10516916104 @cwrw238
OpenStudy (cwrw238):
looks good
Still Need Help?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
alright thanks
OpenStudy (anonymous):
is there another way of doing this @cwrw238, my teacher gave me an F