document.write( "Question 1026138: Find the amount in an account where $1100 is invested at 4% compounded continuously for a period of 6 years \n" ); document.write( "
Algebra.Com's Answer #641448 by MathTherapy(10555)\"\" \"About 
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\n" ); document.write( "Find the amount in an account where $1100 is invested at 4% compounded continuously for a period of 6 years
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Use the continuous compounding formula: \"highlight_green%28A+=+Pe%5E%28rt%29%29\", where:
\n" ); document.write( "A = accumulated, or future value, after t years
\n" ); document.write( "P = initial amount invested
\n" ); document.write( "e = 2.7182818......
\n" ); document.write( "You should get an accumulated or future value of: \"highlight_green%28matrix%281%2C1%2C+%22%241%2C398.37%22%29%29\" \n" ); document.write( "
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