Math help
posted by Anonymous on .
Complete the table to determine the balance A for $20,000 invested at rate r = 6% for t years, compounded continuously.
chart looks like this:
t 10 20 30 40 50
A ___ ___ ___ ___ ____
I need to answer A

I will do the first one for t=10
you do the others the same way
in general: A = 20000 e^(rt) , were r is the rate in decimals
if t = 10
A = 20000(e^(.06(10))
= 36442.38