When a Child Was Born, Her Grandparents Placed $1000 in a Savings

When a child was born, her grandparents placed $1000 in a savings account at 10% interest compounded continuously, to be withdrawn at age 20 to help pay for college. How much money is in the account at the time of withdrawal?

A) $1000 e$
B) $500 e$
C) $500 e ^ { 2 }$
D) $2000 e ^ { 2 }$
E) $4000 e$
F) $2000 e$
G) $1000 e ^ { 2 }$
H) $4000 e ^ { 2 }$

Correct Answer:

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