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Find A using the formula A = Pe^rt?
13 Answers
- 2 days ago
Hello, A = 30,000 e^((6.8/100)90)
A = 30,000e ^ (6.12)
A = 30,000 (454.8646945)
A = 13645940.83
Hope this helps!
- JimLv 73 days ago
P is 30,000 but we might assume it to be US Dollars, but could be bars of gold-pressed Platinum. Also, we don't know if 30,000 is 1 sigfig, 5 sigfigs, or exact, 'assuming' exact USD, but round off to the penny.
A = (30,000)e^(.068×90) = 13645940.8349857
Round to $13,645,940.83
- ?Lv 74 days ago
You probably used r = 6.8 instead of r = 6.8% = 6.8 /100
A common mistake, especially when the writers are so cavalier about units. (r should be something PER YEAR to cancel out the units of t.)
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- lenpol7Lv 75 days ago
A = 30,000 e^((6.8/100)90)
A = 30,000e ^ (6.12)
A = 30,000 (454.8646945)
A = 13645940.84 (Nearest hundredth).
- KrishnamurthyLv 75 days ago
A = Pe^rt
P = 30,000, r = 6.8%, t = 90 years
A = 30,000 e^(0.068*90)
A = 30000 e^(6.12)
= 30000*454.8646944995249
= 1.3645940834985746*^7
= 13,645,940.83
- llafferLv 75 days ago
A = Pe^(rt)
You are given:
P = 30000, r = 6.8% (or 0.068) and t = 90
Substitute and solve for A:
A = 30000 e^(0.068 * 90)
A = 30000 e^(6.12)
A = 30000(454.86469)
A = $13,645,940.83 (rounded to the nearest penny)
- ?Lv 75 days ago
They are simply asking you to take those values to plug it into formula and to compute with a calculator for example. We cant go to your place and move your fingers on to the calculator and press the buttons for you. You have to do that on your own.
Btw, 6.8% = 6.8/100 = 0.068
- PuzzlingLv 75 days ago
Seems simple enough... where are you having problems?
A = Pe^(rt)
P = 30000
r = 0.068 (turning the percent into a decimal)
t = 90
A = 30000 * e^(0.068 * 90)
A ≈ 13,645,940.83
(In other words, if you invested 30,000 and let it compound continuously at 6.8% for 90 years, it would grow to about 13.6 million.)