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Mathematics 7 Online
OpenStudy (anonymous):

A = Pe^rt, what is e p=princ. r=rate t=tiime e=?

OpenStudy (anonymous):

e is a number

OpenStudy (anonymous):

ohhhh

OpenStudy (anonymous):

so would i multiply or eponent first?

OpenStudy (anonymous):

the base of the natural log it is like \(\pi\) in that it is not rational (not a fraction) it is also "transcendental" meaning it is not the solution to a polynomial with integer coefficients

OpenStudy (anonymous):

use a calculator do you have a specific question?

OpenStudy (anonymous):

uuhhh somewhat

OpenStudy (anonymous):

 You invested $15,000 in a bank at 8% interest compounded continually.  Use the exponential function A = Pert, where A is the amount, P is the principle, r is the rate of interest and t is the number of years.  Complete the table given below. Number of years Amount of Money (in dollars) 0 0 1 2 3 4 5

OpenStudy (anonymous):

its Pe^rt

OpenStudy (anonymous):

can u help with at least 3 years

OpenStudy (anonymous):

\[A(1)=15,000\times e^{.08}\]

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

http://www.wolframalpha.com/input/?i=15000*e^.08

OpenStudy (anonymous):

and for 2 http://www.wolframalpha.com/input/?i=15000*e^%28.08*2%29

OpenStudy (anonymous):

you can use that as a template for finding 3, 4, 5, etc

OpenStudy (anonymous):

i got 19.2

OpenStudy (anonymous):

A(1)=15,000×e^.08 what do i do next?

OpenStudy (anonymous):

would e and time be the same thing

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