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P=A en .452.e-579.7 SHOW A=p.eht 1) How long will it take $11,300 to grow to $25,000 if invested in an accounted that is compounded continuously,
P=A en .452.e-579.7 SHOW A=p.eht 1) How long will it take $11,300 to grow to $25,000 if invested in an accounted that is compounded continuously, at $ 19% -579 . 11.300 = 25.000 t= 15.3 25,000 25.000 4 because the formola is changing and the number must be turned into decimal that is why I got 15.3 LW(-452) = -06mt -6519 -.0519 2) If you win $850,000 after taxes in a lottery today. How much can you pay yourself every six months, over the next 30 years, if the bank gives you 4.85% compounded bi-yearly, and you want the account to be depleted after that amount of time
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