document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1013071>Question 1013071</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You deposit $12,000 dollars in an account that pays 5.5% interest compounded monthly.  What would your balance be after two years?\r<BR>\n" );
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document.write( "What if the deposit in above question was compounded continuously?  What would the balance be after 2 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #629335 by </B><A HREF=/tutors/aboutme.mpl?userid=fractalier><B>fractalier(6550)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fractalier><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/cgi-bin/show-face.mpl?user=fractalier><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=629335\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Did this one yesterday...see my earlier solution...<BR>\n" );
document.write( "$13391.86<BR>\n" );
document.write( "Continuously, we have<BR>\n" );
document.write( "A(2) = Pe^rt = 12000*e^(.055 * 2) = <BR>\n" );
document.write( "$13395.34 </SPAN>\n" );
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