Need some help with Continuously Compounded Interest. Will fan, medal, all that good stuff.
Dave invested $25,000 with Raymond James Financial. His account could be modeled by a compound interest formula - 7% interest compounded CONTINUOUSLY over the six years
Please write the equation to depict this scenario.
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OpenStudy (varaug):
halp pls
OpenStudy (varaug):
@pooja195 @zepdrix @Directrix @Frostbite
OpenStudy (varaug):
@sammixboo @.Sam. @IrishBoy123 @Awolflover1
OpenStudy (3mar):
Could I help you?
Are you familiar with that?
OpenStudy (varaug):
thants for comound interest not continuously compound interest
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OpenStudy (3mar):
so what is the rule of yours?
OpenStudy (varaug):
interest compounded CONTINUOUSLY over the six years
OpenStudy (varaug):
how would i put this into equation form?
OpenStudy (varaug):
any of you 2 able to assist me?
OpenStudy (varaug):
@tiffanygossett
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