SOLUTION: What is the compound interest if $500 is invested for 3 years at 10% compounded continuously? (round to the nearest cent) Please show work, thank you

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Question 1088837: What is the compound interest if $500 is invested for 3 years at 10% compounded continuously? (round to the nearest cent)
Please show work, thank you

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
F=Pe%5E%28rt%29=500e%5E%280.10%283%29%29=500e%5E%280.3%29
Use your calculator for the answer.