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August 20, 2014

August 20, 2014

Posted by **tabby** on Thursday, April 19, 2012 at 1:29pm.

Someone show me how to do this, please?!

- Finance/ MAth -
**Henry**, Saturday, April 21, 2012 at 7:36pmP = Po*e^rt.

r = 0.055 = APR expressed as decimal.

t = 15 Years.

rt = 0.055*15 = 0.825.

P = 2500*e^0.825 = $5704.70.

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