document.write( "Question 65660: I need help!\r
\n" ); document.write( "\n" ); 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)\"\" \"About 
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( "\"A=%28500%29e%5E%28%28.05%29%2810%29%29\"
\n" ); document.write( "\"A=500e%5E.5\"
\n" ); document.write( "\"A=824.3606354\"
\n" ); document.write( "A=$824.36
\n" ); document.write( "Happy Calculating!!!
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