SOLUTION: A one time deposit of 11200 is made into a account that pays an APR of 4.29% compounded continously, find the worth of the account after 10 years.

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Question 327294: A one time deposit of 11200 is made into a account that pays an APR of 4.29% compounded continously, find the worth of the account after 10 years.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=Pe^rt
A=11200*2.7183^.0429*10
A=11200*1.535725439
A=17200.12