Posted by jeannie on Thursday, December 13, 2012 at 4:50pm.
Suppose you invest $700 at an annual interest rate of 7.6% compounded continuously. How much will you have in the account after 1.5 years?

math  Joey, Thursday, December 13, 2012 at 4:55pm
The formula is:
P(1+r)^n
Where p is the principal amount (or amount you start with)
r is the rate (.076)
and n is the frequency in years