Question

Can someone help me here: I got A

Answer 1

Its either A or D

Answer 2

so it compounds once a year for two years here is the function
FV = PV × (1+r)^n

where FV = Future Value
PV = Present Value
r = annual interest rate
n = number of periods

Answer 3

so 2=7500*(1+4.2%)^n
whats N

Answer 4

2

Answer 5

what did you get

Answer 6

8143.23 hmm thats not right?

Answer 7

I got 17,373

Answer 8

after rounding

Answer 9

what did you do wong

Answer 10

trying to find out

Answer 11

hmm where did you get this problem?

Answer 12

annually means once a year right?

Answer 13

yes, it does!

Answer 14

oh the word continuously changes the formula to
x=Pe^(rt), e is the mathematical constant just use 2.7

Answer 15

still there

Answer 16

yes I am

Answer 17

wont me to get us help

Answer 18

I found the correct formula it is x=Pe^(rt) where e= aprox 2.7 r=4.2% and t=2 p=7500

Answer 19

hello?

Answer 20

i am trying to do it, but I cant

Answer 21

What's the problem, seems alexalas gave you all the information.

Answer 22

\[x = Pe^{(rt)}\]

Answer 23

Plug and chug :P

Answer 24

ok

Answer 25

whats X

Answer 26

What you're solving for

Answer 27

ok

Answer 28

@iambatman
ok so like this............ x=7500*2.7(4.2 / 2)

Answer 29

No, it's 4.2% not 4.2

Answer 30

So what is 4.2% in decimals?

Answer 31

0.042

Answer 32

@iYuko
I CANT SOLVE THISSSSSSSSSSSSSS....HELP MEEEEE
@welshfella

Answer 33

I just cant get it right

Answer 34

just plug in the values into P e^(rt)
P = 7500, r = 0.042 and t = 2

Answer 35

ok hold on one sec and let me try that

Answer 36

but I dont Get how to do the rt thing

Answer 37

how do you put the r and t in

Answer 38

enter 7500 * e ( 0.042* 2) =

Answer 39

- thas using my casio scientific calculator

Answer 40

ok Im doing that now

Answer 41

i press the e^x button

Answer 42

I got 1712.51755

Answer 43

no afraid not
it should come to over 8000

Answer 44

the exponential function e appears as this on most calucators

Answer 45

well crap

Answer 46

follow this by (0.042*2)
dont forget the parentheses

Answer 47

im getting 17,373