Question

Suppose u invest 2000 at a annual rate of 5.1% compounded continuously. How much will you have in the account after 3 years? helppp?

Answer 1

Well do you know the formula for compounded intrest?

Answer 2

i do but i dont know how to compute it. :/ like where everything goes and what not.

Answer 3

Oh can you write it for me. I don't know it on the top of my head.

Answer 4

A=P=(1+r/n)^nt

Answer 5

well i think r is the interest so r=.051 and t is time
t=3 years

Answer 6

not sure about the n