Calculating Exponential Growth pt2 again cause im stuck again omfg

[koshinator]

SO NEED HALP ON THIS ONE

[Alen]

It's an identical problem to this one: https://www.mpgh.net/forum/270-homewo...al-growth.html

[koshinator]

Might as well do the rest of the quiz for me-.-

---------- Post added at 09:23 PM ---------- Previous post was at 08:59 PM ----------

YEP, NO ANSWER FUCKMYLIFE.

[Ian]

A = the money you're trying to find. If the question asks how much money after X years, then you know you're trying to find for A.
P = principal amount. The amount of money you're starting out with. You are given $500 for P = 500.
R = interest rate. It's always in decimal. You are given 5% so it'll be 5/100 = .05
n = number of times compounded per year. It says annually so it'll be 1. If it said every 2 years, it'd be 2.
t = number of years deposited/borrowed. It says 10.

A=500(1+(.05/1))^1*10

1) divide .05/1 and then add 1.
2) 1.05^10
3) 500*1.62889463
4) $814.45. <<<< Answer

[koshinator]

Any on this?


the last one!

[Alen]

Seriously, if you can't learn to substitute a couple of values into an expression, I have no clue why you're doing this. If you intend to keep making new threads and asking us to solve your stuff, you might as well do it in the spam section. I have nothing against explaining it to you, but hell, can you at least try to solve it yourself first?