SOLUTION: How much money does Dana Jones have after 6 years if she invests ​$1600 at 7​% interest compounded​ continuously? Use the formula Upper A equals Upper P e Supersc

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Question 1076324: How much money does Dana Jones have after 6 years if she invests ​$1600 at 7​% interest compounded​ continuously? Use the formula Upper A equals Upper P e Superscript rtA=Pert to solve.
Answer by jorel1380(3719) About Me  (Show Source):
You can put this solution on YOUR website!
1600 at 7%, for 6 years, compounded continuously equals:
1600*e^.07x6=1600*e^.42=$2435.138 total return. ☺☺☺☺