phillipsjr9800
New member
- Joined
- Apr 6, 2008
- Messages
- 3
I have to complete a table using compound interest.
I know the formual is A=Pe^rt
For this problem I am give the amount after 10 years and the interest rate.
So it should look like this to start 10,000 = Pe^.045t
now I need to find the initial investment and time to double.
This is where I get lost.
Any help would be greatly apprecated.
I know the formual is A=Pe^rt
For this problem I am give the amount after 10 years and the interest rate.
So it should look like this to start 10,000 = Pe^.045t
now I need to find the initial investment and time to double.
This is where I get lost.
Any help would be greatly apprecated.