Answer:
8 • (8y2 - 9)
Step-by-step explanation:
Answer:Let P = initial investment
r = annual interest rate (decimal form)
t = number of years
A(t) = amount after t years
Then, A(t) = Pert
A(12.5) = 800e(0.0265)(12.5)
= 800e0.33125
= $1114.17
Step-by-step explanation:
The formula of compound continuously is
A=p e^rt
A future value?
P present value 300
R interest rate 0.07
T 4 years
E constant
A=300×e^(0.07×4)
A=396.94 round your answer to get
A=397