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- November 9th 2008, 06:40 PM #1

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## A=P(1+r/n)^(n*t) Help?

I missed the class we discussed this, could someone help me with it? thanx alot.

Use the formula A = P ( 1+r/n ) ^(n*t)

A=P(1+r/n)^(n*t)

to find the amount of money in an IRA

account after 55 years if $350 is

deposited into a savings account

at 6.75% interest per year but

compounded daily, so n=365.

- November 9th 2008, 07:22 PM #2

- November 9th 2008, 07:25 PM #3

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- November 9th 2008, 07:28 PM #4

- November 9th 2008, 07:43 PM #5

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- November 9th 2008, 08:15 PM #6

- November 9th 2008, 08:56 PM #7

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