Determine the final value for Compound interest problems

The video tutorial explains how to calculate the final amount of an investment using continuous compounding interest. It introduces the problem, explains the formula A = P * e^(r*t), and demonstrates its application with a step-by-step calculation. The tutorial concludes with the final result and a brief summary of the process.

What is the initial amount deposited into the account?

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What is the annual interest rate for the account?

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What formula is used to calculate the final amount with continuous compounding?

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How long is the money compounded in years?

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What is the final amount after five years of compounding?

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