document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=390229>Question 390229</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that you invest $100 at an annual interest rate of 4.8% compounded continuously. How much will you have in the account after 3 years to the nearest cent? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #276647 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20850)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><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/cgi-bin/show-face.mpl?user=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=276647\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Suppose that you invest $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=100 ALIGN=MIDDLE  ALT=\"100\"   DISABLED_style= \"max-width:90%; height:auto;\" > at an annual interest rate of <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=4.8_percent+ ALIGN=MIDDLE  ALT=\"4.8_percent+\"   DISABLED_style= \"max-width:90%; height:auto;\" >compounded continuously. How much will you have in the account after <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=3 ALIGN=MIDDLE  ALT=\"3\"   DISABLED_style= \"max-width:90%; height:auto;\" > years to the nearest cent?\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P+%281+%2B+r%29%5Et ALIGN=MIDDLE  ALT=\"A+=+P+%281+%2B+r%29%5Et\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=P+ ALIGN=MIDDLE  ALT=\"P+\"   DISABLED_style= \"max-width:90%; height:auto;\" >= the principle invested<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+ ALIGN=MIDDLE  ALT=\"r+\"   DISABLED_style= \"max-width:90%; height:auto;\" >= annual interest rate as a percentage<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=t+ ALIGN=MIDDLE  ALT=\"t+\"   DISABLED_style= \"max-width:90%; height:auto;\" >= the length of the term (investment or loan)<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A ALIGN=MIDDLE  ALT=\"A\"   DISABLED_style= \"max-width:90%; height:auto;\" > = the amount accumulated after n periods\r<BR>\n" );
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document.write( "In the above example, using the formula we get:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+P+%281+%2B+r%29%5Et ALIGN=MIDDLE  ALT=\"A+=+P+%281+%2B+r%29%5Et\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+100+%281+%2B+0.048%29%5E3 ALIGN=MIDDLE  ALT=\"A+=+100+%281+%2B+0.048%29%5E3\"   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+=+100+%281.151022592%29 ALIGN=MIDDLE  ALT=\"A+=+100+%281.151022592%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+115.10 ALIGN=MIDDLE  ALT=\"A+=+115.10\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( " </SPAN>\n" );
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