When an initial amount of money, A,A, in dollars, is invested into an account that earns interest continuously, the Future Value of the account after tt years is given by the formula: F(t)=Aert,F(t)=Aert, where rr is the annual interest rate earned by the account. Let A=$24,000A=$24,000 and r=7.9%r=7.9%. A) What is the value of the […]
Tag Archives: Instantaneous
