Question 950325
On the day of a child's birth, a deposit of $25,000 is made in a trust fund that pays 6% interest, compounded continuously.
 Determine the balance in this account on the child's 26th birthday.
:
the continuous interest formula: 
  {{{A = P*e^(rt)}}} where:
A = amt after t time
r = interest rate in decimal form
t = time in years
:
{{{A = 25000 * e^((.06*26))}}}
enter this into your calc
A = $118,970.53