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You deposit $7,000 in an account that pays 6% annual interest compounded continuously. How much will you have after 10 years?

You deposit $7,000 in an account that pays 6% annual interest compounded continuously. How much will you have after 10 years?
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You deposit $7,000 in an account that pays 6% annual interest compounded continuously. How much will you have after 10 years?

User Sluukkonen
by
8.1k points

2 Answers

3 votes

Answer:

12,400

Explanation:

User Soumyaansh
by
8.2k points
2 votes
12,400 USD in total.
User Meekohi
by
7.1k points
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