document.write( "Question 321441: The bank compounds continously then the formula used is A=Pe^rt where e is constant and equals appr 2.713/ calculate A with continous compounding. roung your answer to the hundredth's place.
\n" ); document.write( "so far I have A=4000^.07(8) butcant get it to come out right.
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Algebra.Com's Answer #230201 by Alan3354(69443)\"\" \"About 
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The bank compounds continously then the formula used is A=Pe^rt where e is constant and equals appr 2.713/ calculate A with continous compounding. roung your answer to the hundredth's place.
\n" ); document.write( "so far I have A=4000^.07(8) butcant get it to come out right.
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\n" ); document.write( "You didn't give the data. It appears that the starting amount is $4000, the interest rate is 7%, and the time is 8 periods.
\n" ); document.write( "If so,
\n" ); document.write( "A = 4000*e^(0.07*8) you left out the e. e is not 2.713. It's 2.718281828...
\n" ); document.write( "A = 4000*e^0.56
\n" ); document.write( "A =~ 7002.69\r
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