document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=404659>Question 404659</A>: <I><SPAN STYLE=\"word-break: break-all;\"> what will be the balance in an account and the interest earned on $5000 invested at 3 and 1/4 % compounded continuously for 5 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #285970 by </B><A HREF=/tutors/aboutme.mpl?userid=lwsshak3><B>lwsshak3(11628)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=lwsshak3><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=285970\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">     what will be the balance in an account and the interest earned on $5000 invested at 3 and 1/4 % compounded continuously for 5 years?<BR>\n" );
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document.write( "The formula for interest compounded continuously:\r<BR>\n" );
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document.write( "A=Pe^rt, A=amount after t years, P=amount invested, r=annual rate of interest.\r<BR>\n" );
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document.write( "A=5000e^.0325*5=5882.24\r<BR>\n" );
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document.write( "ans:<BR>\n" );
document.write( "balance in the acccount will be=$5882.24\r<BR>\n" );
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