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Vivian opened a savings account 8 years ago. The account earns 9% interest, compounded continuously. If the current balance is 400.00, how much did she deposit initially?

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解答

Vivianopenedasavingsaccount8yearsago.Theaccountearns9%interest,compoundedcontinuously.Ifthecurrentbalanceis400.00,howmuchdidshedepositinitially?

解答

Principal:194.7
求解步骤
Translate the problem into an equation:400=Pe0.09⋅8
求解 P,400=Pe0.09⋅8:P=194.7
Principal:194.7

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