## anonymous 5 years ago Suppose \$500 is deposited into an account paying interest at a rate of 7%, continuously compounded. Find a formula for the value of the account at time t. What is the value of the account after 3 years?

1. anonymous

7t(500)

2. anonymous

no . . .

3. anonymous

I don't know you still need this answer.$500e ^{0.07\times 3} =616.839$ If I deserve medal then give me one.