SOLUTION: $100 invested at 10% compounded continuously after a period of 2.25 years

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Question 917208: $100 invested at 10% compounded continuously after a period of 2.25 years
Answer by jim_thompson5910(35256) About Me  (Show Source):
You can put this solution on YOUR website!
A+=+P%2Ae%5E%28r%2At%29


A+=+100%2Ae%5E%280.10%2A2.25%29 Plug in P = 100, r = 0.10 and t = 2.25


A+=+125.232271619197


A+=+125.23


You'll have $125.23 in the account


Let me know if you need more help or if you need me to explain a step in more detail.
Feel free to email me at jim_thompson5910@hotmail.com
or you can visit my website here: http://www.freewebs.com/jimthompson5910/home.html

Thanks,

Jim