what is the amount after 5 years

If $9000 at 7% compounded continuously, what is the amount after 5 years?
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2 Answers

Amount 
= (9000) * e^(0.07 * 5)
= $12771.60794

Read this if you want to learn more about the formula:
http://webcache.googleusercontent.com/search?q=cache:xLSa3rK6uhwJ:cs.selu.edu/~rbyrd/math/continuous/+compounded+continuously+formula&cd=1&hl=en&ct=clnk

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is 13,250.00 the same amount as 13,250.000
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