Friday

October 24, 2014

October 24, 2014

Posted by **david** on Friday, May 27, 2011 at 2:31pm.

- algebra -
**Reiny**, Friday, May 27, 2011 at 7:45pmso you are solving

2 = 1(e^(.038t))

ln2 = ln(e^(.038t))

ln2 = .038t(lne) but lne = 1

.038t = ln2

t = ln2/.038 = 18.24 yrs

- algebra2 -
**Fernando**, Thursday, December 27, 2012 at 8:03pmSuppose you invest $2500 at an annual interest rate of 3% compounded continuously. How much will you have in the account after 7 years? Round the solution to the nearest dollar. ?

**Answer this Question**

**Related Questions**

algebra 2 - The amount of money in an account with continuously compounded ...

math - The amount of money in an account with continuously compounded interest ...

algebra 2 - What will be the amount in an account with initial principal $6000 ...

algebra II - What will be the amount in an account with initial principal $6000 ...

Alg 2 - Suppose you deposit a principal amount of p dollars in a bank account ...

Alg2 - Help....Help... Suppose you deposit a principal amount of p dollars in a ...

Algebra - A company invests $15,000.00 in an account that compounds interest ...

algebra - A continuously compounded account starts with $1500 in principal. The...

Calculus - Money is deposited in an account for which the interest is compounded...

finance - 14. Assume Julian has a choice between two deposit accounts. Account A...