SOLUTION: Karen is going to deposits $5000 into an account that pays 6% interest compounded continuously. How much will she have after 5 years?

SOLUTION: Karen is going to deposits $5000 into an account that pays 6% interest compounded continuously. How much will she have after 5 years?

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Question 570995: Karen is going to deposits $5000 into an account that pays 6% interest compounded continuously. How much will she have after 5 years?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=5000(2.7183)^0.06*5
A=5000(2.7183)^0.3
A=5000(1.34986)
A=$6749.30
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