document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=388776>Question 388776</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If $2500 is invested at a rate of 11% compounded continuously, find the balance in the account after 4 years. Use the formula A=Pe^rt. <BR>\n" );
document.write( "a.3795.18 b.3881.77 c.4333.13 d.18472.64 \r<BR>\n" );
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document.write( "*the answers I'm getting do not match the answers above. please help.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #275182 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=275182\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=Pe%5E%28rt%29 ALIGN=MIDDLE  ALT=\"A=Pe%5E%28rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Start with the continuous compounding formula.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%2Ae%5E%280.11%2A4%29 ALIGN=MIDDLE  ALT=\"A=2500%2Ae%5E%280.11%2A4%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Plug in <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P=2500 ALIGN=MIDDLE  ALT=\"P=2500\"   DISABLED_style= \"max-width:90%; height:auto;\" >, <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r=0.11 ALIGN=MIDDLE  ALT=\"r=0.11\"   DISABLED_style= \"max-width:90%; height:auto;\" > (the decimal equivalent of 11%), and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t=4 ALIGN=MIDDLE  ALT=\"t=4\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%2Ae%5E%280.44%29 ALIGN=MIDDLE  ALT=\"A=2500%2Ae%5E%280.44%29\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.11 ALIGN=MIDDLE  ALT=\"0.11\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=4 ALIGN=MIDDLE  ALT=\"4\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.44 ALIGN=MIDDLE  ALT=\"0.44\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=2500%2A1.55270721851134 ALIGN=MIDDLE  ALT=\"A=2500%2A1.55270721851134\"   DISABLED_style= \"max-width:90%; height:auto;\" > Raise 'e' (which is approximately 2.71828) to the power <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=0.44 ALIGN=MIDDLE  ALT=\"0.44\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.55270721851134 ALIGN=MIDDLE  ALT=\"1.55270721851134\"   DISABLED_style= \"max-width:90%; height:auto;\" > (this value is approximate).\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=3881.76804627834 ALIGN=MIDDLE  ALT=\"A=3881.76804627834\"   DISABLED_style= \"max-width:90%; height:auto;\" > Multiply <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=2500 ALIGN=MIDDLE  ALT=\"2500\"   DISABLED_style= \"max-width:90%; height:auto;\" > and <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.55270721851134 ALIGN=MIDDLE  ALT=\"1.55270721851134\"   DISABLED_style= \"max-width:90%; height:auto;\" > to get <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3881.76804627834 ALIGN=MIDDLE  ALT=\"3881.76804627834\"   DISABLED_style= \"max-width:90%; height:auto;\" >.\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A=3881.77 ALIGN=MIDDLE  ALT=\"A=3881.77\"   DISABLED_style= \"max-width:90%; height:auto;\" > Round to the nearest hundredth (ie to the nearest penny).\r<BR>\n" );
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document.write( "So the balance after 4 years is $3,881.77\r<BR>\n" );
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document.write( "So the answer is choice b)\r<BR>\n" );
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document.write( "Jim </SPAN>\n" );
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