document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=126638>Question 126638</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is the balance after 1 year? After 2 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #92828 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=92828\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Pe^(RT)<BR>\n" );
document.write( "2000*2.718^(.06*1)<BR>\n" );
document.write( "2000*2.718^.06<BR>\n" );
document.write( "2000*1.062=$2,123 AMOUNT OF THE INVESTMENT AFTER 1 YEAR.<BR>\n" );
document.write( "--------------------------------<BR>\n" );
document.write( "2000*2.718^(.06*2)<BR>\n" );
document.write( "2000*2.718^.12<BR>\n" );
document.write( "2000*1.127=$2,254.97 AMOUNT OF THE INVESTMENT AFTER 2 YEARS. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );