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tia_tia [17]
3 years ago
13

Solve.

Mathematics
1 answer:
jeyben [28]3 years ago
5 0
T is less then or equal to negative 13... is the best answer!

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What is the compounded interest if $410 is invested for 10 years at 8% compounded continuously
tatiyna
\bf \textit{Continuous Compounding Amount}\\\\
A=Pe^{rt}\qquad \begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$410\\
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\end{cases}

so, that gives you  the compounded amount, after 10 years, if you want to know how much interest was earned? well, just subtract the Principal from the Amount, or A - P  <--- that's how much interest was earned
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