Thread: discrete math help please

Suppose you invest $1600 at an annual intrest rate of 4.6% compounded continuously.How much will you have in the account after 4 years?

Originally Posted by racerfreak05

Suppose you invest $1600 at an annual intrest rate of 4.6% compounded continuously.How much will you have in the account after 4 years?

if my memory is correct
p=principal(1600)
r=decimal(0.46)
k=number of times compounded annually(1)
t=number of years(4)
A=amount after time(?)