Tuesday

October 21, 2014

October 21, 2014

Posted by **Anonymous** on Thursday, July 14, 2011 at 5:35pm.

- algebra II -
**Henry**, Friday, July 15, 2011 at 7:32pmPt = Po*e^rt.

r = 3.25% = 0.0325 = APR = Annual % rate expressed as a decimal.

t = 9 yrs.

rt = 0.0325 * 9 = 0.2925.

Pt = $6000*e^0.2925 = $8038.65.

**Answer this Question**

**Related Questions**

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

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

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

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

compound interest - How do I solve these problems? Complete the table for a ...

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

Compound interest - Hello My teacher skipped over this and I have no clue how to...

calculus - Assume the initial investment was $6600 and the annual interest rate ...

math - Complete the table for a savings account in which interest is compounded ...

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