SOLUTION: If you deposit $1,000 in your bank account, how much will be in the account After 6 years with 5% annual interest compounded continuously? Show all work

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Question 1102758: If you deposit $1,000 in your bank account, how much will be in the account After 6 years with 5% annual interest compounded continuously?
Show all work
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
P=Poe^(rt)=1000*e^(.05*6)
1000*e^(.30)=$1349.86