document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=606076>Question 606076</A>: <I><SPAN STYLE=\"word-break: break-all;\"> find the amount of interest earned on $2500 invested at a 6.4% interest rate compounded continuously for 3 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #381919 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=381919\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> find the amount of interest earned on $2500 invested at a 6.4% interest rate compounded continuously for 3 years.<BR>\n" );
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document.write( "A(3) = 2500*e^(3*0.064)<BR>\n" );
document.write( "A(3) = 3029.18<BR>\n" );
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document.write( "Interest = 3029.18 - 2500 = $500.18<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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