SOLUTION: What amount (to the nearest cent) will an account have after 9 years if $125 invested at 7% interest compounded contiinuously?

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Question 935901: What amount (to the nearest cent) will an account have after 9 years if $125 invested at 7% interest compounded contiinuously?
Answer by nerdybill(7384) About Me  (Show Source):
You can put this solution on YOUR website!
What amount (to the nearest cent) will an account have after 9 years if $125 invested at 7% interest compounded continuously?
A = Pe^(rt)
A = 125e^(.07*9)
A = 125e^(0.63)
A = 125(1.877611)
A = $234.70