document.write( "Question 433265: Randy invested his inheritance in an account that paid 6.5% interest, compounded continuously. After 7 years, he found that he now had $56,449.07. What was the original amount of his inheritance? \n" ); document.write( "
Algebra.Com's Answer #300376 by jorel1380(3719)\"\" \"About 
You can put this solution on YOUR website!
If its' compounded continuously, then the formula is:
\n" ); document.write( "A=Pe^(rt),where P is your starting amount, r is the rate, and t is the time.
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\n" ); document.write( "A=Pe^(rt)
\n" ); document.write( "A/e^(rt)=P
\n" ); document.write( "56449.07/2.7183^(7*.065)=P
\n" ); document.write( "56449.07/1.5762=\"
\n" ); document.write( "\"\"\"\"\"\"\"=35813.89
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\n" ); document.write( "Randy's inheritance was originally worth $35813.89.
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