document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1087539>Question 1087539</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the amount that results from the given investment.\r<BR>\n" );
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document.write( "$20 invested at 8% compounded continuously after a period of 2 years\r<BR>\n" );
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document.write( "After 2 years, the investment results in $?<BR>\n" );
document.write( "(round to the nearest cent as needed) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #701847 by </B><A HREF=/tutors/aboutme.mpl?userid=mathmate><B>mathmate(429)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mathmate><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=mathmate><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=701847\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Question:<BR>\n" );
document.write( "Find the amount that results from the given investment.<BR>\n" );
document.write( "$20 invested at 8% compounded continuously after a period of 2 years<BR>\n" );
document.write( "After 2 years, the investment results in $?<BR>\n" );
document.write( "(round to the nearest cent as needed)<BR>\n" );
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document.write( "Solution:<BR>\n" );
document.write( "P=$20=principal<BR>\n" );
document.write( "i=8% annual continuous<BR>\n" );
document.write( "t=2 years<BR>\n" );
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document.write( "The accumulated amount is<BR>\n" );
document.write( "F=Pe^(it)<BR>\n" );
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document.write( "Therefore after two years, accumulated amount<BR>\n" );
document.write( "F=20*e^(0.08*2)<BR>\n" );
document.write( "=20*1.1735<BR>\n" );
document.write( "=$23.47 </SPAN>\n" );
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