document.write( "Question 44930This question is from textbook Algebra and Trigonometry with Analytic geometry
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document.write( ": The amount A in account after t years of an initial principle P invested at an annual rate r compounded continuiusly is given by A = Pe^rt where r is expressed as a decimal. What is the amount in the account if $500 is invested for 10 years at the rate of 5% compounded continuously? My answer is $750.00, thanks for checking my answer. \n" );
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Algebra.Com's Answer #29770 by Nate(3500)![]() ![]() ![]() You can put this solution on YOUR website! A = Pe^(rt) \n" ); document.write( "A = 500e^(0.05*10) \n" ); document.write( "A = 500e^(0.5) \n" ); document.write( "I do not have a calculator on me with (e), but it looks correct. \n" ); document.write( " |