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Write a formula that describes the value of an initial investment of $4,000 that loses value at a rate of 10% per year, compounded continuously.
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Write a formula that describes the value of an initial investment of 4000 that loses value at a rate of 10 per year compounded continuously class=

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sqdancefan

Answer:

  see below

Step-by-step explanation:

The formula is the same whether the rate of change is positive or negative. Here, it is negative.

  A = Pe^(rt)

for P = 4000, r = -0.10. Then you have ...

  A = 4000e^(-0.10t)

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