Answer:
In 10 years she'll have approximately $21865.4 in her account.
Step-by-step explanation:
When an amount is compounded continuously its value over time is given by the following expression:
[tex]v(t) = v(0)*e^{rt}[/tex]
Applying data from the problem gives us:
[tex]v(10) = 12000*e^{(0.06*10)}\\v(10) = 12000*e^{0.6}\\v(10) = 21865.4[/tex]
In 10 years she'll have approximately $21865.4 in her account.
