SOLUTION: You invest $10,000 with interest compounded continuously at 4% per year. How much will the investment be worth after 2 years? So I know the formula is Inves.e^r*t at least I thi

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Question 930490: You invest $10,000 with interest compounded continuously at 4% per year. How much will the investment be worth after 2 years?
So I know the formula is Inves.e^r*t at least I think thats right.
So I get 10,000e^.04*2, but I dont know where to go from there.

Answer by MathTherapy(10551)   (Show Source): You can put this solution on YOUR website!

You invest $10,000 with interest compounded continuously at 4% per year. How much will the investment be worth after 2 years?
So I know the formula is Inves.e^r*t at least I think thats right.
So I get 10,000e^.04*2, but I dont know where to go from there.
That's a good start.
, with A being the accumulated amount, or FUTURE VALUE after 2 years


, or $
You can do the check!!
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