document.write( "Question 736491: How much money would be in an account if $ 3,000 is deposited at 4% interest compounded continuously and the money is left for 10 years. \n" ); document.write( "
Algebra.Com's Answer #449858 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! How much money would be in an account if $3,000 is deposited at 4% interest compounded continuously and the money is left for 10 years. \n" ); document.write( "------- \n" ); document.write( "A(t) = P*e^(rt) \n" ); document.write( "A(10) = 3000*e^(0.04*10) \n" ); document.write( "--- \n" ); document.write( "A(10) = 3000*e^0.4 = $4475.47 \n" ); document.write( "================================ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |