Ask your own question, for FREE!
Mathematics 15 Online
OpenStudy (varaug):

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.

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

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

OpenStudy (tiffanygossett):

what grade is this for

OpenStudy (varaug):

what do you mean:?

OpenStudy (varaug):

like what subject?

OpenStudy (varaug):

its a compound interest project

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!