A person places $661 in an investment account earning an annual rate of 7.1\% , compounded continuously . Using the formula V = P * e ^ (rt) , where V is the value of the account in years, P is the principal initially invested , e is the base of a natural logarithm , and r is the rate of interest , determine the amount of money , to the nearest cent , in the account after 16 years .

$2058.54

Step-by-step explanation:

V = p*e^rt

step-by-step explanation:

if you want to solve percent error follow these steps.

1. subtract the accepted value from the experimental value.

2. take the absolute value of step 1.

3. divide that answer by the accepted value.

4. multiply that answer by 100 and add the % symbol to express the answer as a percentage.

if you want to solve percent of change just do this.

1. work out the difference (increase) between the two numbers you are comparing.

2. divide the increase by the original number and multiply the answer by 100. if your answer is a negative number then this is a percentage decrease.

hope this : )

ok then what happened.