Register

Write a formula that describes the value of an initial investment of $100 that loses value at a rate of 8% per year compounded continuously

Write a formula that describes the value of an initial investment of $100 that loses value at a rate of 8% per year compounded continuously
90.3k views
0 votes
write a formula that describes the value of an initial investment of $100 that loses value at a rate of 8% per year compounded continuously

User Xenosoz
by
7.8k points

1 Answer

3 votes

Answer:


A = 100(.92)^(t)

Explanation:

User Umar Farooque
by
8.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!