Question 145287
A = Pe^rt,
where P is the initial investment and r is the interest rate. 
Suppose that $2000 is invested at a rate of 6% per year compounded continuously. What is the balance after 1 yr? After 2 yrs? 
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A(1) = 2000*e^(0.06*1)
A(1) = $2123.67
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A(2) = 2000*e^(0.06*2)
A(2) = $2254.99
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Cheers,
Stan H.