Investment A principal of $2000 is deposited in a savings account that earns an interest rate of r (in decimal form), compounded continuously. The amount
Use this function of two variables and a spreadsheet to complete the table.
Number of Years | ||||
Rate | 5 | 10 | 15 | 20 |
0.02 | ||||
0.04 | ||||
0.06 | ||||
0.07 |
To fill: The provided table by using functions of two variables and spreadsheet,
Number of years | ||||
Rate | 5 | 10 | 15 | 20 |
Where the amount
Given Information:
The amount
And a principal of
The provided incomplete table is,
Number of years | ||||
Rate | 5 | 10 | 15 | 20 |
Consider the function,
Now use the MS-excel to complete the table by following the procedure provided as,
Step 1: Open the blank file in MS-excel and fill the cells from the second row and first column and then the second, third and fourth column as,
Step 2: Now put the cursor on the second column and second row of B and then enter the function as,
And then press enter to obtain the value and press drag the cursor downward to obtain the other values
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