document.write( "Question 1159027: Mrs. Brown put $10,000 into a savings account that pays 5% interest, compounded continuously. How much will Mrs. Brown have in the account after 6 years \n" ); document.write( "
Algebra.Com's Answer #781996 by ikleyn(52795)\"\" \"About 
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document.write( "For continuously compounded account, the Future Value\r\n" );
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document.write( "    FV = \"A%2Ae%5E%28k%2At%29\",\r\n" );
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document.write( "where A is initial deposit, k is the interest, expressed as decimal, and t is the time in years.\r\n" );
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document.write( "In your case\r\n" );
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document.write( "    FV = \"10000%2Ae%5E%280.05%2A6%29\" = \"10000%2A%282.71828%5E0.3%29\" = 13498.59 dollars.       ANSWER\r\n" );
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\n" ); document.write( "\n" ); document.write( "For continuously compounded accounts, see the lesson\r
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