Finding future value of an investment earning

Reference no: EM131801411

Question: Investment the future value S of an investment earning 6% compounded continuously is a function of the principal P and the length of time t that the principal has been invested. It is given by

S = f(P, t) = Pe^0.06t

Find f(2000, 20), and interpret your answer.

Reference no: EM131801411

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