document.write( "Question 65660: I need help!\r
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document.write( "The amount A in an account after t years of an initial principle P invested at an annual rate r compunded continuously 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 continuously?\r
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Algebra.Com's Answer #46350 by funmath(2933)![]() ![]() ![]() You can put this solution on YOUR website! The amount A in an account after t years of an initial principle P invested at an annual rate r compunded continuously 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 continuously? \n" ); document.write( "P=500 \n" ); document.write( "r=5/100=.05 \n" ); document.write( "t=10 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "A=$824.36 \n" ); document.write( "Happy Calculating!!! \n" ); document.write( " \n" ); document.write( " |