Respond to this Question
Similar Questions

math
The amount of money in an account with continuously compounded interest is given by the formula A = Pert, where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the hundredth of a year
asked by Greg on April 22, 2007 
algebra
A continuously compounded account starts with $1500 in principal. The annual interest rate is 9.1%. What is the balance after 30 years? Help please. Thanks amount= 1500*e^.091*30= 1500 e^2.73 thanks
asked by George on April 12, 2007 
algebra 2
The amount of money in an account with continuously compounded interest is given by the formula A=Pe^rt , where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest hundredth of a
asked by David on May 27, 2011 
algebra
The amount of money in an account with continuously compounded interest is given by the formula A=Pe^rt , where P is the principal, r is the annual interest rate, and t is the time in years. Calculate to the nearest hundredth of a
asked by david on May 27, 2011 
algebra 2
What will be the amount in an account with initial principal $6000 if interest is compounded continuously at an annual rate of 3.25% for 9 years?
asked by Anonymous on July 15, 2011 
algebra II
What will be the amount in an account with initial principal $6000 if interest is compounded continuously at an annual rate of 3.25% for 9 years?
asked by Anonymous on July 14, 2011 
algebra
To find the amount A in an account after t years with principal P and an annual interest rate r compounded continuously, you can use the formula
asked by angie on December 13, 2014 
math
Suppose you invest $2500 at an annual interest rate of 3% compounded continuously. How much will you have in the account after 7 years? Round the solution to the nearest dollar
asked by toni on January 14, 2014 
finance
14. Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest
asked by Vaness on December 30, 2011 
maths compound interest
find the compund interest on $2500 for one year at 4% per annum compounded halfyearly. which of these is correct? $2500(1 + 0.04)^2 or $2500(1 + 0.02)^2 The second one. 2500(1+.02)^2 Since the interest is compounded semiannually
asked by minerva on January 12, 2007