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April 24, 2014

April 24, 2014

Posted by **aj** on Monday, March 14, 2011 at 9:54pm.

- college math -
**sigfig**, Friday, March 18, 2011 at 2:04pmStart with what you know.

Continuous compound interest tells you that you will be using e^ starting with 1 million dollars. Now just plug in the time(t) at 20yrs and 40yrs into the formula

Money recieved(time)=1million(e^(.10)t)

You should have two diff. answers

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