document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=47512>Question 47512</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the balance (to the nearest cent) if 24, 000 is invested at an annual interest rate of 6.8% for 10 years, compounded continuously. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #31370 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=31370\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Find the balance (to the nearest cent) if 24, 000 is invested at an annual interest rate of 6.8% for 10 years, compounded continuously.\r<BR>\n" );
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document.write( "A=Pe^(rt)<BR>\n" );
document.write( "A=24000e^(0.068*10)<BR>\n" );
document.write( "A=24000e^0.68)<BR>\n" );
document.write( "A=24000*1.97387773...<BR>\n" );
document.write( "A=$47,373.07<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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