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August 27, 2014

August 27, 2014

Posted by **sofi** on Sunday, May 20, 2012 at 10:48am.

let an denote the total amount on deposit after n days, assuming no deposits or withdrawals are made during the period in question

a. find the formula for an

b. compute a1, a10. a50 and a100

c. what amount is on deposit after 1 year?

- calculus -
**bobpursley**, Sunday, May 20, 2012 at 12:38pmcompounded daily?

an=1000(1+0.08/365)^t where t is in days.

for instance, after 100 days, put this in your google search window:

1000(1+0.08/365)^100=

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