document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=89699>Question 89699</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if $8000 is invested at a rate of 5% compounded continuously,how would you find the balance in the account after 7 years bt using the formula A=Pe^rt. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #65205 by </B><A HREF=/tutors/aboutme.mpl?userid=stephenpsp><B>stephenpsp(1)</B></A><img src=\"/images/stars/iconNewId_16x16.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stephenpsp><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=65205\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> if $8000 is invested at a rate of 5% compounded continuously,how would you find the balance in the account after 7 years bt using the formula A=Pe^rt.<BR>\n" );
document.write( "P=8000<BR>\n" );
document.write( "r=5/100=.05<BR>\n" );
document.write( "t=7<BR>\n" );
document.write( "A=8000e^((.05)(7))<BR>\n" );
document.write( "A=8000e^(.35)<BR>\n" );
document.write( "Put it in the calculator and you get....<BR>\n" );
document.write( "highlight(A=11352.54) </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );