Calculus help? - XP Math - Forums

 XP Math - Forums Calculus help?

 08-06-2007 #1 jake p Guest   Posts: n/a Calculus help? An investment is made at 6.5% apr, compounded annually. the balance of the account in 3 years is \$966.36. What was the original investment? A=P(1+r)^t
 08-06-2007 #2 luladasilva012 Guest   Posts: n/a B(t) = P(1+r)^tafter 3 years you have 966.36:966.36= P (1.065)^3so P = 966.36/ (1.065)^3

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