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April 16, 2014

April 16, 2014

Posted by **sha** on Thursday, March 3, 2011 at 1:40am.

P= Ae^-0.05t

a) how long will it be before a pension of $60,000 per year has a purchasing power of $30,000

b) how much pension A would be needed so that the purchasing power P is $50,000 aftter 15 years?

- math..urgent pleasehelp :( -
**Reiny**, Thursday, March 3, 2011 at 8:28ama) solve for t

30 = 60e^(-.05t)

b) solve for a

50000 = a e^(-.05(15))

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