I need help with this formula about this initial investment loss.
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Answer:
C. A = 4000e^(-0.10 t)
Step-by-step explanation:
Continuously compounded interest equation is:
A = Pe^(rt)
where A is the final amount,
P is the initial amount,
r is the rate in decimal form,
and t is time.
Here, P = 4000 and r = -0.10.
A = 4000e^(-0.10 t)
Continuously compounded uses e.
Losing value would be the negative value = -0.10
The formula would be A(t) = 4000e^-0.10t