document.write( "Question 62613: the amount A in an account after t years of an initial principle P invested at an annual rate r compounded continously 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 continously? \n" ); document.write( "

Algebra.Com's Answer #43462 by josmiceli(19441) $\"\"$ $\"About$

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$\"A+=+P%2Ae%5E%28rt%29\"$
\n" ); document.write( "P = 500
\n" ); document.write( "t = 10
\n" ); document.write( "r = .05
\n" ); document.write( " $\"A+=+500%2Ae%5E%28.05%2A10%29\"$
\n" ); document.write( " $\"A+=+500%2Ae%5E.5\"$
\n" ); document.write( " $\"A+=+500%2A1.6487\"$
\n" ); document.write( " $\"A+=+824.36\"$
\n" ); document.write( "$824.36 will be the amount in the account after 10 years \n" ); document.write( "

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