Question 1159027
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<pre>

For continuously compounded account, the Future Value


    FV = {{{A*e^(k*t)}}},


where A is initial deposit, k is the interest, expressed as decimal, and t is the time in years.


In your case


    FV = {{{10000*e^(0.05*6)}}} = {{{10000*(2.71828^0.3)}}} = 13498.59 dollars.       <U>ANSWER</U>
</pre>

Solved.


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For continuously compounded accounts, see the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson>Compound interest percentage problems</A> 

in this site.