document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=108636>Question 108636</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can you check my answer please\r<BR>\n" );
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document.write( "If a bank compounds continuously, then the formula used is  A=Pe(rt)<BR>\n" );
document.write( "where e is a constant and equals approximately 2.7183.<BR>\n" );
document.write( "Calculate A with continuous compounding. Round your answer to the hundredth's place.A is the amount of the return.<BR>\n" );
document.write( "P is the principal amount initially deposited.            <BR>\n" );
document.write( "r is the annual interest rate (expressed as a decimal).   <BR>\n" );
document.write( "n is the number of compound periods in one year.<BR>\n" );
document.write( "t is the number of years<BR>\n" );
document.write( "I used 2000 as the principal and.08 as the interest rate.\r<BR>\n" );
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document.write( "A=2000(2.7183).08<BR>\n" );
document.write( "A=2166.5753\r<BR>\n" );
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document.write( "Thank you\r<BR>\n" );
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document.write( "Thank You<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #79229 by </B><A HREF=/tutors/aboutme.mpl?userid=checkley71><B>checkley71(8403)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=checkley71><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=79229\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=2000(2.7183).08<BR>\n" );
document.write( "A=5,436.6*.08<BR>\n" );
document.write( "A=$434.93 </SPAN>\n" );
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