SOLUTION: Find the amount that results from the given investment. $50 invested at 7​% compounded continuously after a period of 3 years. After 3 years, the investment results in $

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Question 1140186: Find the amount that results from the given investment.
$50 invested at 7​% compounded continuously after a period of
3 years.

After 3 years, the investment results in $___
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
This is 50*e^(0.07*3) or 50e^rt
=50e^(0.21)
=$61.68