$1000 at 5% compounded continuously for 19 years?
2 answers
What is 1000(e^((19)(.05)) ?
5%=5/100=0.05
1000*(1+0.05)^19=1000*1.05^19=
=1000*2.5269501953756382228051721572876
=2526.9501953756382228051721572876
1000*(1+0.05)^19=1000*1.05^19=
=1000*2.5269501953756382228051721572876
=2526.9501953756382228051721572876