Monday

September 15, 2014

September 15, 2014

Posted by **phil** on Wednesday, February 20, 2013 at 12:11am.

- math -
**Henry**, Thursday, February 21, 2013 at 12:50pmP = Po*e^rt

Po = $150 = Initial investment.

rt = (4%/100%)/yr * 2yrs = 0.08.

Plug the above values into the given Eq

and get:

P = $162.49.

Use the following data for graphing:

(X,Y) or

(T,P).

(1,156.12).

(2,162.49).

(3,169.12).

(4,176.03).

(5,183.21).

(6,190.69).

(7,198.47).

(8,206.57).

**Answer this Question**

**Related Questions**

Math - An initial amount of $2900 is invested in an account at an interest rate...

Compound interest - Hello My teacher skipped over this and I have no clue how to...

Math - If 3000 dollars is invested in a bank account at an interest rate of 6 ...

Calculus Please help! - If 7000 dollars is invested in a bank account at an ...

math - If $425 is invested in an account that earns annual interest of 7.5%, ...

algebra - The amount of money in an account with continuously compounded ...

algebra 2 - The amount of money in an account with continuously compounded ...

Algebra - If $625 is invested in an account that earns annual interest of 5.5%, ...

ALGEBRA - If $835 is invested in an account that earns annual interest of 4.5%, ...

ALGEBRA - If $835 is invested in an account that earns annual interest of 4.5%, ...