Thursday

November 27, 2014

November 27, 2014

Posted by **Dave** on Sunday, January 27, 2013 at 7:56pm.

- MATH I NEED HELP -
**Damon**, Sunday, January 27, 2013 at 8:02pmconstant compounding formula is:

A = P e^r t

here

r = .02

t = 3

A = 24,000 e^(.06)

= 24,000 * 1.06283

= $ 25,484.08

- MATH I NEED HELP -
**Anonymous**, Sunday, January 27, 2013 at 8:04pmCompounding daily use 365 days

Are you using a business calculator?

If you are 2% goes into I

Your N is 3

24,000 is your Principal Value (PV)

0 PMT

P/Y = 1

C/Y = 365 * (I am not 100% on this)

Calculate FV

**Answer this Question**

**Related Questions**

I NEED MATH HELP - $24,000 is invested for 3 years with an APR of 2% and daily ...

math - Suppose you start saving today for a $30,000 down payment that you plan ...

MATH PLESE - A $2,000 deposit at an APR of 5.4% with quarterly compounding for 8...

math - Assume you want to accumulate $125,000 for a long-range goal in 40 years...

Math help - Complete the table to determine the balance A for $20,000 invested ...

Math - Using continuous compounding. A 13,000 deposit in an account with APR of ...

MATH HELP - A $2,000 deposit at an APR of 5.4% with quarterly compounding for 8...

Help on my math question - A $2,000 deposit at an APR of 5.4% with quarterly ...

Math - $ 2631 is deposited into an account for 15 years. Determine the ...

NEED HELP MATH HELP - $3000 invested at an APR of 5% for 7 years. If interest ...