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Sameuel Wants to deposit $4,000 and keep that money in the bank without deposits or withdrawals for 3 years. How much interest will pay with 1.5% interest compounded continuously ?
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Sameuel Wants to deposit $4,000 and keep that money in the bank without deposits or withdrawals for 3 years. How much interest will pay with 1.5% interest compounded continuously ?

User Manoj Prajapat
by
4.5k points

1 Answer

1 vote

Answer:

$4,182.71

Explanation:

$182.71 will be added in interest after 3 years.

User DoxyLover
by
4.5k points
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