Please explain step by step so I can follow please. I need to use this formula A=Pe rt well it doesn't look like the formula in the book the e is dropped lower and the rt is raised up. My problem is P=2450 r+0.0812 t= 3 years this is continuous compound interest what do I do with this please?

Question

anonymous · Answer

just plug those values into the formula to find the value of a principle after 3 years of continuously compounded interest at 8.12%....
$$\huge A=Pe^{rt}=2450e^{(0.0812)(3)}  $$