Question

If you put $1000 in a savings account that pays 5% interest compounded continuously, how much money will you have in your account in 10 year? assume you make no additional deposits or withdrawals.

Answer 1

Hey shoty, it's your birthday.

Answer 2

OK. Do you know the formula?

Answer 3

Use it:\[A = Pe^{rt}\]

Answer 4

Here, P = 1000, r = 0.05, t = 10.

Answer 5

You should definitely enter that in your calcy

Answer 6

@shoty Hullo?

Answer 7

thank you :)

Answer 8

Eh... what do you get for your answer?

Answer 9

I gotta go anyway. Catch you later.

Answer 10

i dont remember how to put it in the calculator