Tutor.com Functions Session

Nov. 6, 2012

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Session Transcript - Math - Calculus, 11/1/2012 9:11PM - Tutor.comSession Date: 11/1/2012 9:11PM
Length: 6.3 minute(s)
Subject: Math - Calculus

System Message
[00:00:00] *** Please note: All sessions are recorded for quality control. ***

Guest (Customer)
[00:00:00] Diego deposited a certain sum of money in a bank 2 years ago. If the bank had been paying interest at the rate of 5% compounded continuously and he has $11,000 on deposit today, what was his initial deposit?

Cody G (Tutor)
[00:00:26] Hi, how are you? Do you know how to get started on this problem?

Guest (Customer)
[00:00:46] Hello! I'm good, i think so. I will do what i think is correct on the board.
[00:03:01] is that right?
[00:03:05] that's as far as i know..

Cody G (Tutor)
[00:03:15] That's great!
[00:03:24] So you want to solve for x
[00:03:38] Which is your initial deposit
[00:04:22] So just divide both sides by the exponential to solve for x

Guest (Customer)
[00:04:52] wow. that was a lot easier than i thought it was. haha is it $9953.21?

Cody G (Tutor)
[00:05:01] That's right!
[00:05:04] Great job!

Guest (Customer)
[00:05:12] Awesome. Thank You!

Cody G (Tutor)
[00:05:26] Your welcome, anything I can help you with?

Guest (Customer)
[00:05:39] nope, I think that's it.

Cody G (Tutor)
[00:06:05] Okey dokey! Have a great evening, thanks for using Tutor.com