The Compound Amount When an Investment Is Compounded Continuously Is

Multiple Choice

The compound amount when an investment is compounded continuously is expressed by the formula A = Peni, where A is the compound amount, n is the number of years, and i is the interest rate per year. Find the compound amount of an investment of $2500 at an interest rate of 10% for 2 years if it is compounded continuously.

A) $3,000.00
B) $3,025.00
C) $4,023.59
D) $3,053.51