Step 1:

\

The principal amount $\"\"$ $.

\

The rate of interest $\"\"$ .

\

The period of time $\"\"$ years.

\

Using compound interest formula amount $\"\"$ .

\

Compounded $\"\"$ times per year.

\

The total amount is $\"\"$ .

\

Compounded $\"\"$ times per year, then the amount

\

\

$\"\"$

\

Compounded $\"\"$ times per year, then the amount

\

\

$\"\"$

\

\

Compounded $\"\"$ times per year, then the amoun

\

\

$\"\"$

\

Compounded $\"\"$ times per year, then the amount

\

$\"\"$

\

Compounded $\"\"$ times per year, then the amount

\

\

$\"\"$

\

Continuous compounding the amount $\"\"$ .

\

$\"\"$

\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \

$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	continuous
$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$

\

Solution:

\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \

$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	continuous
$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$	$\"\"$