document.write( "Question 46917: The amount A in an account after t years of an initial principle P invested at an annual rate r compounded continuously 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 annual rate of 5% compounded continuously? \n" ); document.write( "

Algebra.Com's Answer #31066 by stanbon(75887) $\"\"$ $\"About$

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A=Pe^(rt) What is the amount in the account if $500 is invested for 10 years at the annual rate of 5% compounded continuously?
\n" ); document.write( "A=Pe^(rt)
\n" ); document.write( "A=500e^(0.05*10)
\n" ); document.write( "A=500e^0.5
\n" ); document.write( "A=500*1.64872127
\n" ); document.write( "A=$824.36
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( " \n" ); document.write( "

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