Gives the future value, Start with a blank Excel fileand

Gives the future value

Reference no: EM13338079

Start with a blank Excel fileand use 701 evenly spaced points to plot the graph off(t) =2,000×e0.06×tover the interval [-12, 12]. Recall thatExcel uses EXP(x)for ex.

This graph shows you the value of $2,000, investedat 6%, compounded continuously for t years. When t is negative, f(t)gives the past value. When t ispositive, f(t)gives the future value of the $2,000.

Reference no: EM13338079

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