document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1155108>Question 1155108</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A person places $8890 in an investment account earning an annual rate of 7.7%, compounded continuously. Using the formula V = Pe^{rt}V=Pe rt, where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 3 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #777660 by </B><A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><B>josgarithmetic(39620)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josgarithmetic><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=777660\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=V=Pe%5E%28rt%29 ALIGN=MIDDLE  ALT=\"V=Pe%5E%28rt%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
document.write( "<BR>\n" );
document.write( "\n" );
document.write( "Just make the substitutions for <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=system%28P=8890%2Cr=0.077%2Ce=2.71828%2Ct=3%29 ALIGN=MIDDLE  ALT=\"system%28P=8890%2Cr=0.077%2Ce=2.71828%2Ct=3%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );