Sunday
November 23, 2014

Homework Help: Calc.

Posted by Derek on Tuesday, July 15, 2008 at 12:12pm.

Using calculus: If you invest $5000 compounded continuously at 4% p.a. how much will this investment be worth in 5 years? I am not sure what e is. Should my equation be this: A(t)=Pe^rt
A(t)=(5000e^(0.04)(5))
Thanks.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Pre Calc - how much money should i invest at 8.2% compounded continuously if i ...
Algebra - Suppose you invest $5000 at an annual rate of 4% compounded ...
algebra- Help fast - use the compound interest formula A=P(1+r/n)^nt and A=Pe^rt...
pre calculus - Which is worth more after 5 years, an investment of $1000 at 5% ...
Math - How much did you invest at 9% compounded bi-weekly if 10 years later the ...
Ma - How much did you invest each month at 6.10% compounded monthly if 10 years ...
Calc - How much money will we have in 6 months if we invest $1000 into an ...
Math - How much did you invest each month at 6.60% compounded monthly if 25 ...
math - Sally invests some money at 65%/a compounded annually. After 5 years . ...
math - Sally invests some money at 65/a compounded annually. After 5 years . she...

Search
Members