When Interest is compounded continuously, the amount of money increases at a rate proportional to the amounts present at time, that is, s/ders, where is the annual rate of Interest (a) Find the amount of money accrued at the end of 6 years when $4000 is deposited in a savings account drawing annual interest compounded continuously, (Round your answer to the nearest cent.) $ (b) In how many years will the initial sum deposited have doubled? (Round your answer to the nearest year) years - 40001 - 470.0523) 40 that is accrued when interest is compounded quarterly. (Round your (c) Use a calculator to compare the amount obtained in part (a) with the amount S = 400 answer to the nearest cent.) S=s When Interest is compounded continuously, the amount of money increases at a rate proportional to the amounts present at time, that is, s/ders, where is the annual rate of Interest (a) Find the amount of money accrued at the end of 6 years when $4000 is deposited in a savings account drawing annual interest compounded continuously, (Round your answer to the nearest cent.) $ (b) In how many years will the initial sum deposited have doubled? (Round your answer to the nearest year) years - 40001 - 470.0523) 40 that is accrued when interest is compounded quarterly. (Round your (c) Use a calculator to compare the amount obtained in part (a) with the amount S = 400 answer to the nearest cent.) S=s