anonymous
  • anonymous
Use formula A=Pe^rt $500 for 10 years at 10% Please help, I don't know what the e part of the equation is
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
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schrodinger
  • schrodinger
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slaaibak
  • slaaibak
A=accumulated amount P=initial amount r = continuous force of interest t = time
slaaibak
  • slaaibak
e is the number e on your calculator.
anonymous
  • anonymous
e is just a number... about 2.71828...

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anonymous
  • anonymous
ooh....okay thanks, can someone solve this so I can make sure I get the correct answer?
anonymous
  • anonymous
stick it in your calculator and what do you get?
anonymous
  • anonymous
I can't even find it on my calculator
anonymous
  • anonymous
what calculator do you have?
anonymous
  • anonymous
TI-83
anonymous
  • anonymous
see th LN button? it's 2nd fn
anonymous
  • anonymous
and does the equation look like this ? 500e^10*10?
anonymous
  • anonymous
yeah, I do the button, it does e( ) what do I put inside? I put 500 inside and it said overflow
anonymous
  • anonymous
put in .01 * 10 that is (rate)*(time in years)
anonymous
  • anonymous
put the 500 before the e... like in your formula
anonymous
  • anonymous
so 500e^( what do I do next how do I type it in my calculator
anonymous
  • anonymous
I got it now thank you!!
anonymous
  • anonymous
552.59
anonymous
  • anonymous
do you know what that number represents?

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