You invest $500 in an account that pays 6% interest compounded continuously. How much will be in the account after 6 years?

Explanation:

We'll apply this formula

A = P*e^(r*t)

where,

In this case, we have

Again we won't type "2.718..." for 'e', and we'll just type it into the calculator as shown below. That way the calculator can handle the digits instead.

So...

A = P*e^(r*t)

A = 500*e^(0.06*6)

A = 716.66470728026

A = 716.66 dollars is the final answer

:

step-by-step explanation:

50*10 is greater

step-by-step explanation:

if you add the zero from 10 to 50, it will give you a bigger number.