Trust Fund

Discussion in 'Other Pre-University Math' started by nycmathguy, Oct 13, 2021.

  1. nycmathguy

    nycmathguy

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    Section 3.1
    Question 58

    20211012_194453.jpg
    Here is my set up:

    A = pe^(rt)

    A = 5000e^(0.075)(50)

    Correct?
     
    nycmathguy, Oct 13, 2021
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  2. nycmathguy

    MathLover1

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    Correct
     
    MathLover1, Oct 13, 2021
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    nycmathguy likes this.
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  3. nycmathguy

    nycmathguy

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    You will see more and more set up situations in terms of my reply moving forward. If the set up is right, the rest is easy.
     
    nycmathguy, Oct 13, 2021
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