<PRE><B>Question 388775</B>
The formula A=2000e^rt can be used to find the dollar value of an investment of $2000 after t years when the interest is compounded continuously at a rate of r percent.
----------------- 
Find the value of the investment after 6 years if the interest rate is 7%. Find the value of investment after 12 years if the interest rate is 8%.
-----
A(12)= 2000*e^(0.07*12)
-----
A(12) = $4632.73
====================
Cheers,
Stan H.
</PRE>