BrEnDaN980 BrEnDaN980

26-04-2017
Mathematics

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Elaine deposited $500 at 4.25% compounded continuously for t number of years.

Model the given situation with a function showing the amount A, accumulated after t years.

Find the domain of the function.

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NerdyAsian123 NerdyAsian123

26-04-2017

A=Pe^rt

A: Amount
P: Principle
r: Rate (4.25%; .0425)
t: Time in years

A= 500e^(.0425*t)

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