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September 22, 2014

September 22, 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.

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