How to solve a problem when it is compounded continuously

The video tutorial explains continuous compounding interest, starting with an investment of $2,000 at a 10% annual interest rate. It introduces the constant 'e' and its significance in continuous compounding, differentiating it from regular compounding. The tutorial provides a step-by-step guide on using the continuous interest formula and demonstrates how to perform calculations using a calculator, emphasizing the importance of correctly applying 'e' in the formula.

How is the final amount calculated using the continuous interest formula?

What is the final amount after 20 years of continuous compounding at a 10% interest rate?