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pimpdaddyroman
Group Title
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
 2 years ago
 2 years ago
pimpdaddyroman Group Title
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
 2 years ago
 2 years ago

This Question is Closed

slaaibak Group TitleBest ResponseYou've already chosen the best response.1
A=accumulated amount P=initial amount r = continuous force of interest t = time
 2 years ago

slaaibak Group TitleBest ResponseYou've already chosen the best response.1
e is the number e on your calculator.
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
e is just a number... about 2.71828...
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
ooh....okay thanks, can someone solve this so I can make sure I get the correct answer?
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
stick it in your calculator and what do you get?
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
I can't even find it on my calculator
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
what calculator do you have?
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
TI83
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
see th LN button? it's 2nd fn
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
and does the equation look like this ? 500e^10*10?
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
yeah, I do the button, it does e( ) what do I put inside? I put 500 inside and it said overflow
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
put in .01 * 10 that is (rate)*(time in years)
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
put the 500 before the e... like in your formula
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
so 500e^( what do I do next how do I type it in my calculator
 2 years ago

pimpdaddyroman Group TitleBest ResponseYou've already chosen the best response.0
I got it now thank you!!
 2 years ago

dpaInc Group TitleBest ResponseYou've already chosen the best response.0
do you know what that number represents?
 2 years ago
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