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Unformatted text preview: The amount A accumulated after t years is . rt Pe A = Find A if $4000 is invested for a) 6 years b) 20 years 2. a) What is the future value of $2000 invested for 10 years at 9% compounded continuously? b) How much will be earned on this investment? 4. Suppose that $250,000 is invested at 8% interest. a) Find the amount of money in the account after 8 years if the interest is compounded annually. b) Find the amount of money in the account after 8 years if the interest is compounded continuously....
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This note was uploaded on 10/18/2011 for the course MAC 1105 taught by Professor Russel during the Summer '07 term at Valencia.
 Summer '07
 RUSSEL
 Algebra, Exponential Function, Exponential Functions

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