SOLUTION: find the amount un a continuously compounded account for a principal of $1,000. at an annual percentagr rate of 4.9% after 2years.

Algebra ->  Exponential-and-logarithmic-functions -> SOLUTION: find the amount un a continuously compounded account for a principal of $1,000. at an annual percentagr rate of 4.9% after 2years.      Log On


   

Question 906315: find the amount un a continuously compounded account for a principal of $1,000. at an annual percentagr rate of 4.9% after 2years.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
A = P e ^(rt)
A = 1000e ^(9.8),