document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=117056>Question 117056</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that 2000.00 is invested at the rate of 6% per year compounded continuosly. What is the balance after 1year ? after 2years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #85115 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=85115\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=PeRT<BR>\n" );
document.write( "I=2,000*2.718*.06*1<BR>\n" );
document.write( "I=$326.16 IS THE INTEREST ON A $2,000 INVESTMENT 2 A 6% RATE COMPOUNDED CONTINUOUSLY.<BR>\n" );
document.write( "AFTER 2 YEARS WE GET<BR>\n" );
document.write( "I=2,000*2.718*.06*2<BR>\n" );
document.write( "I=$652.32 FOR THE 2 YEAR INVESTMENT. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );