document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=687902>Question 687902</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need help figuring out this problem, If you invest $8,000 in an account paying 5.9% interest compound continuously, how much money will be in the account at the end of 7 years? I know you have to take $8,000 and x's it by 5.9%. Then I wasn't for sure if you X's that by how many days are in the year and then times that by 7 and then add that total to the $8000 to get your answer or what. Please help </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #425496 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10557)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathTherapy><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/cgi-bin/show-face.mpl?user=MathTherapy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=425496\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "I need help figuring out this problem, If you invest $8,000 in an account paying 5.9% interest compound continuously, how much money will be in the account at the end of 7 years? I know you have to take $8,000 and x's it by 5.9%. Then I wasn't for sure if you X's that by how many days are in the year and then times that by 7 and then add that total to the $8000 to get your answer or what. Please help\r<BR>\n" );
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document.write( "You need to use the formula for continuous compounding: <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+Pe%5E%28rt%29 ALIGN=MIDDLE  ALT=\"A+=+Pe%5E%28rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >, where A is the accumulated amount in the account after 7 years, P = 8,000, e = approx. 2.7182818, r (rate) = .059, and t (time) = 7\r<BR>\n" );
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document.write( "When you calculate this, you should get: A = $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%2812090.76%29 ALIGN=MIDDLE  ALT=\"highlight_green%2812090.76%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com </SPAN>\n" );
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