document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=61863>Question 61863</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need some help with a word problem Please.\r<BR>\n" );
document.write( "\n" );
document.write( "A bank compounds interest continuously. If you invest $500 at 4% at that bank for 5 years, what will your balance be? Use formula A= 500e^0.04t<BR>\n" );
document.write( "where A is the balance in the account and t is in years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #42659 by </B><A HREF=/tutors/aboutme.mpl?userid=joyofmath><B>joyofmath(189)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=joyofmath><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=42659\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A bank compounds interest continuously. If you invest $500 at 4% at that bank for 5 years, what will your balance be? Use formula A= 500e^0.04t<BR>\n" );
document.write( "where A is the balance in the account and t is in years.<BR>\n" );
document.write( "<p><BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=A+=+500e%5E%28.04%285%29%29+=+500e%5E.2 ALIGN=MIDDLE  ALT=\"A+=+500e%5E%28.04%285%29%29+=+500e%5E.2\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "<p><BR>\n" );
document.write( "Using a calculator, with e = 2.71828, 500e^.2 = 500(2.71828)^.2 = 610.70 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );