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Beliebt Word Problems >

If 90009000 is invested at 33% compounded continuously, what is the amount after 88 years?

Lösung

I f ​90009000 i s in v es t e d a t 33​% co m p o u n d e d ​ co n t in u o u s l y, w ha t i s t h e am o u n t a f t er 88 ​ ye a rs ?

Lösung

Amount : 9.22337 E 16

Schritte zur Lösung

Translate the problem into an equation:

A = 90009000 e^{0.33 \cdot 88}

90009000 e^{0.33 \cdot 88} = 3.68297 E 20

Round to the nearest hundredth:

9.22337 E 16

Amount : 9.22337 E 16

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