SOLUTION: martha invests $7800 in a savings account which earns 5.1% annual interest, compounded continously. what will be the vaule of her investment after 5 years?

SOLUTION: martha invests $7800 in a savings account which earns 5.1% annual interest, compounded continously. what will be the vaule of her investment after 5 years?

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Question 931652: martha invests $7800 in a savings account which earns 5.1% annual interest, compounded continously. what will be the vaule of her investment after 5 years?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
A = P e ^(rt)
A = 7800e^(.051*5)
A = 7800e^(.255) = $10,065.60
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