document.write( "Question 1152668: If $315 is invested at an interest rate of 3% per year and is compounded
\n" ); document.write( "continuously, how much will the investment be worth in 9 years? Use the
\n" ); document.write( "continuous compound interest formula: A = Pert
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #774719 by Edwin McCravy(20060)\"\" \"About 
You can put this solution on YOUR website!
If $315 is invested at an interest rate of 3% per year and is compounded
\n" ); document.write( "continuously, how much will the investment be worth in 9 years? Use the
\n" ); document.write( "continuous compound interest formula: A = Pert
\n" ); document.write( "
\r\n" );
document.write( "\"A=Pe%5E%28rt%29\",  \"P=315%5E%22%22\",  \"r=0.03%5E%22%22\",  \"t=9%5E%22%22\"\r\n" );
document.write( "\r\n" );
document.write( "\"A=315e%5E%28%280.03%29%289%29%29\"\r\n" );
document.write( "\r\n" );
document.write( "\"A=315e%5E0.27\"\r\n" );
document.write( "\r\n" );
document.write( "\"A=412.638802\"\r\n" );
document.write( "\r\n" );
document.write( "A = $412.64\r\n" );
document.write( "\r\n" );
document.write( "Edwin
\n" ); document.write( "
\n" );