Marcie deposited 500$ in the bank. If the interest rate=10.5% and is compounded continuously, how much money will she have after 2.5 years?

I know N=500e^(.105)(2.5), but I don't know where to go from there.

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- November 10th 2007, 07:23 PMbeetzBank problem
Marcie deposited 500$ in the bank. If the interest rate=10.5% and is compounded continuously, how much money will she have after 2.5 years?

I know N=500e^(.105)(2.5), but I don't know where to go from there. - November 10th 2007, 07:25 PMJhevon
- November 10th 2007, 07:28 PMbeetz
OH DUUUUH!

I think I've done too much math for one day. - November 10th 2007, 07:30 PMJhevon