document.write( "Question 1030223: Valerie invests $100,000 in a CD earning 1.5% annual interest. If the CD matures in 5 years what will be its value if interest is compounded continously \n" ); document.write( "
Algebra.Com's Answer #645118 by addingup(3677)\"\" \"About 
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In continuous compounding we get to use one of the constants in math, this one identified by the letter e:
\n" ); document.write( "A = Pe^(rt)
\n" ); document.write( "A = 100,000(2.7183^0.075)
\n" ); document.write( "A = 100,000*1.077885
\n" ); document.write( "A = 107,788.50
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